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The ART of trading by Petar_Serbia

  • #161
  • Dec 16, 2010 5:03am Dec 16, 2010 5:03am
Quoting k.k
what is the entery point? 1.3230 or 1.3xxx
Hmm,Entry point is 1.3230,you can see from picture
"Buy on fear, sell on greed !!!
  • #162
  • Dec 16, 2010 5:05am Dec 16, 2010 5:05am
Quoting erikte279
Some more ammo Petar
Good one bro
"Buy on fear, sell on greed !!!
  • #163
  • Dec 16, 2010 5:58am Dec 16, 2010 5:58am
Quoting Petar_Serbia
Hello guys for today i choose EURO again..I expext again sell day becouse i see SV hasnt power to stop selling preausre.I also see good chanel continuation diagonal wich holded on SV...My plan is to put SL at be if we see 1.3165 and than i will wait 1.3130 SL is 1.3310


Cheers

Petar

Hi Petar, could you explain according to what did you choose your SL, TP and why you want to move your ST at BE at 1.3160 value?

Your lessons are cool man ) Keep on good work my friend.
  • #164
  • Dec 16, 2010 6:16am Dec 16, 2010 6:16am
Quoting kapybara
Hi Petar, could you explain according to what did you choose your SL, TP and why you want to move your ST at BE at 1.3160 value?

Your lessons are cool man ) Keep on good work my friend.
Its simple,

I think you will undestand all from picture.As i said i always look to see clear swings on larger frame,chat below is H1...Of course,for every setup i choose diferent styles of TP and SL according what i see.That is i talked about this tehnique,many many hours practice to train your eyes what to look...
One thing also,Place TP and SL is integral part,i do analisy same for enty point and SL-TP,that is very important...

Cheers

Petar
Attached Image (click to enlarge)
Click to Enlarge Name: this.gif Size: 33 KB
"Buy on fear, sell on greed !!!
  • #165
  • Dec 16, 2010 6:34am Dec 16, 2010 6:34am
Hi Petar,

Thank you very much for that good explanation

I've learn again today with you!

Mfinab
  • #166
  • Dec 16, 2010 6:23pm Dec 16, 2010 6:23pm
Quoting Petar_Serbia
Hello guys for today i choose EURO again..I expext again sell day becouse i see SV hasnt power to stop selling preausre.I also see good chanel continuation diagonal wich holded on SV...My plan is to put SL at be if we see 1.3165 and than i will wait 1.3130 SL is 1.3310


Cheers

Petar
I am stil in this position and that is my last setup for this week..That mean i will finish 220 pips plus this week or 400 pips plus or maybe 300 if price finish friday on my opening price,we will see.Setup is currenlty neutral becouse we didnt has power today,very good battle for run.Depend that battle tomorow can be normal Volume day,but its very danger to trade new setup after today bull-bear battle.You can ask why,my answer is,tomorow can be many speculations and i don wont to open any new setup,will watch current...Low risk=High profit

Petar
"Buy on fear, sell on greed !!!
  • #167
  • Dec 16, 2010 6:57pm Dec 16, 2010 6:57pm
Hi Petar,

Thanks to take time to give us an update on that trade. I'm still following you and want to know everything you know about your strategy.

Thanks again,

Mfinab
  • #168
  • Dec 17, 2010 2:22am Dec 17, 2010 2:22am
Hi, Petar and friends,

I follow and deal with almost all your daily trades and when I have to leave my office, if the price is on profits I move the SL to a profit between 5-10 pips.

Sometimes it goes against me and some other in my favor.

Cheersss

James
  • #169
  • Dec 17, 2010 3:14am Dec 17, 2010 3:14am
Quoting Petar_Serbia
Hello guys for today i choose EURO again..I expext again sell day becouse i see SV hasnt power to stop selling preausre.I also see good chanel continuation diagonal wich holded on SV...My plan is to put SL at be if we see 1.3165 and than i will wait 1.3130 SL is 1.3310


Cheers

Petar
Hello guys,

Trade closed -80 pips...This week finished +220 pips,i am Happy for this week

Cheers

Petar
"Buy on fear, sell on greed !!!
  • #170
  • Dec 17, 2010 3:25am Dec 17, 2010 3:25am
Nice Petar, so its atleast 2 % in this week.
The way to do

Best,
Tom


Quoting Petar_Serbia
Hello guys,

Trade closed -80 pips...This week finished +220 pips,i am Happy for this week

Cheers

Petar
  • #171
  • Dec 20, 2010 6:20pm Dec 20, 2010 6:20pm
Quoting tfflyer
Nice Petar, so its atleast 2 % in this week.
The way to do

Best,
Tom
Thanks tffler.

I have just returned from holyday,i see yesterday was low volume day...I will look for charts more to see maybe we have potencial setup..

Cheers

Petar
"Buy on fear, sell on greed !!!
  • #172
  • Dec 20, 2010 7:12pm Dec 20, 2010 7:12pm
Hello guys,

I created one solid projection on EURJPY and took Buy with risk 60 pips and TP 100 pips.I see yesterday EURJPY tested my projection and i took buy...We will see..My advice SL at be on 38.2 Fib..


CHeers

Petar
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.gif Size: 28 KB
"Buy on fear, sell on greed !!!
  • #173
  • Dec 21, 2010 6:20am Dec 21, 2010 6:20am
EURJPY still open and i added for today EURUSD buy..I see good projection on EURUSD,we broke chanel back to upper diagonal and i expext now retrace for about 100 pips.My TP is at 1.3260 SL is 1.3080


Cheers

Petar
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 28 KB
"Buy on fear, sell on greed !!!
  • #174
  • Dec 21, 2010 6:58am Dec 21, 2010 6:58am
One information for my followers.I will trade 2 more days and than i will go on holyday and wont be here about 2 weeks..From about 15 Jan i will start trading again...


Petar
"Buy on fear, sell on greed !!!
  • #175
  • Dec 21, 2010 8:42am Dec 21, 2010 8:42am
Hi Petar,

I want to wish you a Merry Christmas and a Happy New Year 2011. May the year 2011 bring you health, happiness and prosperity. I really appreciate your help and hope you will continue to share your strategy for long time!

Best regards,

Mfinab
  • #176
  • Dec 21, 2010 12:38pm Dec 21, 2010 12:38pm
Quoting Petar_Serbia
EURJPY still open and i added for today EURUSD buy..I see good projection on EURUSD,we broke chanel back to upper diagonal and i expext now retrace for about 100 pips.My TP is at 1.3260 SL is 1.3080


Cheers

Petar
Closed -80
"Buy on fear, sell on greed !!!
  • #177
  • Dec 21, 2010 1:21pm Dec 21, 2010 1:21pm
Becouse we dont have good setup on Lon and American sesion,i see very good projection on USDCAD now.Price tested two times Upper diagonal and no power...I must take this trade,TP is 1.0080 SL 1.0250


Cheers and green pips
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 30 KB
"Buy on fear, sell on greed !!!
  • #178
  • Dec 21, 2010 1:37pm Dec 21, 2010 1:37pm
Hello Petar, did your breakeven stop loss get hit on eurjpy or are you still in?
  • #179
  • Dec 21, 2010 3:01pm Dec 21, 2010 3:01pm
Hi Darien,

Like he said few hours ago, he has closed his trade on EUR JPY at -80.

Let see now USD CAD
  • #180
  • Dec 21, 2010 3:03pm Dec 21, 2010 3:03pm
Quoting mfinab
Hi Darien,

Like he said few hours ago, he has closed his trade on EUR JPY at -80.

Let see now USD CAD
No no,EURUSD is closed -80,valid are EURJPY and USDCAD...
"Buy on fear, sell on greed !!!
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