Nice Petar keep going this tread 
The ART of trading by Petar_Serbia
Hi Petar
Just finished reading your thread.Its amazing.Thanks for sharing your knowledge.
2 questions pls:
Do you still use HMA 25 which you mentined in ealier posts
Do you use Kelter Channels etc or just draw trend lines by yourself
Reply the 2nd question pls
Thanks
Petar,
The EURUSD was right on!
Cable is fighting a bit more...
but going down. 
Do you consider changing the TP when movements like the EURUSD (now at 1,3632) show almost a 100 pip 1 hour candle?
I stopped the trade a 1,3710 (i got in at 1,3810) but the price was moving fast and it was a petty to waste the extra 50 pips...
Would you consider changing the TP? I dont have trailing stop, but shouldnt we adapt to the really bullish or bearish moments in a trading day? What conditions would you consider OK to do something like this?
Cheers and thanks for the green pips!
The EURUSD was right on!
Cable is fighting a bit more...
but going down. Do you consider changing the TP when movements like the EURUSD (now at 1,3632) show almost a 100 pip 1 hour candle?
I stopped the trade a 1,3710 (i got in at 1,3810) but the price was moving fast and it was a petty to waste the extra 50 pips...
Would you consider changing the TP? I dont have trailing stop, but shouldnt we adapt to the really bullish or bearish moments in a trading day? What conditions would you consider OK to do something like this?
Cheers and thanks for the green pips!
- #285
- Feb 3, 2011 3:27pm Feb 3, 2011 3:27pm
- | Commercial User | Joined May 2009 | 5,751 Posts
Hi Petar
Just finished reading your thread.Its amazing.Thanks for sharing your knowledge.
2 questions pls:
Do you still use HMA 25 which you mentined in ealier posts
Do you use Kelter Channels etc or just draw trend lines by yourself
Cheers
Petar
"Buy on fear, sell on greed !!!
- #286
- Feb 3, 2011 3:30pm Feb 3, 2011 3:30pm
- | Commercial User | Joined May 2009 | 5,751 Posts
Hi Petar, why didn't you move the stop losses on EURUSD and GBPUSD to breakeven +1 after the New York close yesterday? I thought you always do this if you are in profit after the New York close or once they reach +50. Do you have a new rule for moving the stop to breakeven +1?
Cheers
Petar
"Buy on fear, sell on greed !!!
- #287
- Feb 3, 2011 3:31pm Feb 3, 2011 3:31pm
- | Commercial User | Joined May 2009 | 5,751 Posts
Petar,
The EURUSD was right on!
Cable is fighting a bit more...
Do you consider changing the TP when movements like the EURUSD (now at 1,3632) show almost a 100 pip 1 hour candle?
I stopped the trade a 1,3710 (i got in at 1,3810) but the price was moving fast and it was a petty to waste the extra 50 pips...
Would you consider changing the TP? I dont have trailing stop, but shouldnt we adapt to the really bullish or bearish moments in a trading day? What conditions would you consider OK to do something...
No i dont change TP,just in case that i have two same position i can change TP2 but TP1 i dont change...
Cheers
Petar
"Buy on fear, sell on greed !!!
OK guys,
I force Cable sell again with two setups becouse i know my projection very well and i see chanel hold very good ,we dont have Volume for buy more,expext down to 61.8,50 FIb where is my TP.
SL is 1.6300
NOw i have 3 setups and i wont trade till setups close...
Cheers and green pips...
Petar
As I told earlier I am new to thread and I am trying to understand your strategy (which is ,by the way, excellent).
When you say "we don,t have volume for buy" are you reffering to volume bars below its 100 average...
Similarly I am presuming that stopping Volume Bar should be above 100 average to be important....
In a nutshell, Volume bars above its average line show strenght and when below show weakness....
Is it the correct way to read the better volume indicator
Thanks
- #289
- Feb 4, 2011 2:29am Feb 4, 2011 2:29am
- Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts
Hello Dedas,
No i dont change TP,just in case that i have two same position i can change TP2 but TP1 i dont change...
Cheers
Petar
A little beginner trader since 2006
Hi Petar,
As I told earlier I am new to thread and I am trying to understand your strategy (which is ,by the way, excellent).
When you say "we don,t have volume for buy" are you reffering to volume bars below its 100 average...
Similarly I am presuming that stopping Volume Bar should be above 100 average to be important....
In a nutshell, Volume bars above its average line show strenght and when below show weakness....
Is it the correct way to read the better volume indicator
Thanks
http://emini-watch.com/free-stuff/volume-indicator/
Petar- nice work, Keep it up
Scroll through this first page-- there's even a "cross reference chart" for the different bars.
http://emini-watch.com/free-stuff/volume-indicator/
Petar- nice work, Keep it up
Thanks for your reply.I saw that chart yet wanted to confirm role of 100 MA
Hope I am right in my conclusion!
- #293
- Feb 4, 2011 8:58am Feb 4, 2011 8:58am
- | Commercial User | Joined May 2009 | 5,751 Posts
OK guys,
I force Cable sell again with two setups becouse i know my projection very well and i see chanel hold very good ,we dont have Volume for buy more,expext down to 61.8,50 FIb where is my TP.
SL is 1.6300
NOw i have 3 setups and i wont trade till setups close...
Cheers and green pips...
Petar
Second is at BE 20 pips for second TP Cheers and green pips
Petar
"Buy on fear, sell on greed !!!
- #294
- Feb 4, 2011 9:06am Feb 4, 2011 9:06am
- Joined May 2010 | Status: I'M NOT SIGNAL PROVIDER | 1,457 Posts
One position closed +130 pips
Cheers and green pips
Petar
A little beginner trader since 2006
- #295
- Feb 4, 2011 9:10am Feb 4, 2011 9:10am
- | Commercial User | Joined May 2009 | 5,751 Posts
Hi Petar,
I must be sincere, you are doing a great job here. I am so glad i found someone like you in my early stage of forex trading. You have really been a good source of inspiration to me. You have thought me a lot of things for the past 2 months that i have been following your thread. I decided to join this forum when I am totally convinced that you are a real disciplined trader with genuine strategy, and to say a BIG thank you for sharing your knowledge.
I will continue learning your strategy till I master it.
Thanks so much for all your...
I must say thank you guys becouse your support is realy important to me,that is for me power..
As you probably know,i hate comercial guys wich sell HOly moly strategy or guys wich speak that they earn many pips and you cant see that on paper.
As i said many times,Forex is pure discipline...
"Buy on fear, sell on greed !!!
- #296
- Feb 4, 2011 9:21am Feb 4, 2011 9:21am
- | Commercial User | Joined May 2009 | 5,751 Posts
Scroll through this first page-- there's even a "cross reference chart" for the different bars.
http://emini-watch.com/free-stuff/volume-indicator/
Petar- nice work, Keep it up
"Buy on fear, sell on greed !!!
Petar,
Thank you for one more great trade!
Green pipsall over theplace!
I'm considering letting one lot run with the SL at 1.6110 (I bought one 3rd lot at 1.6120 on the peak down at the US non-farm payroll and US employment news. The EURUSD lot was available )
My goal is to see if the pair will try and break the channel and break the 1.6000. TP 1.5850
Or is it time to quit?
Cheers for another + week!
Thank you for one more great trade!
Green pipsall over theplace!I'm considering letting one lot run with the SL at 1.6110 (I bought one 3rd lot at 1.6120 on the peak down at the US non-farm payroll and US employment news. The EURUSD lot was available
)My goal is to see if the pair will try and break the channel and break the 1.6000. TP 1.5850
Or is it time to quit?
Cheers for another + week!
