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  • #301
  • Feb 4, 2011 4:50pm Feb 4, 2011 4:50pm
petar, first time posting here, don't know how to read volume.
but would be much appreciated on your thoughts on this set up.
thanks in advance.

1hr and 4hr chart.

p.s. i know we are close to daily res.
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  • #302
  • Feb 5, 2011 5:29am Feb 5, 2011 5:29am
Quoting pkimnyc
petar, first time posting here, don't know how to read volume.
but would be much appreciated on your thoughts on this set up.
thanks in advance.

1hr and 4hr chart.

p.s. i know we are close to daily res.
Hello pkimnyc and welcome to the thread,

You posted good sup-res zone but i use that kind od sup-res just for TP,SL...

As i said many times,every day is uniqe and that is why i dont post charts now for monday or for next week ,we cant predict how will markets open every day but from my view i will tell you,just draw Weekly trendline from Highs,you will see that Cable is on desicion next week,we can see reject or we can continue up...


Cheers

Petar
"Buy on fear, sell on greed !!!
  • #303
  • Feb 5, 2011 5:57am Feb 5, 2011 5:57am
Quoting pkimnyc
petar, first time posting here, don't know how to read volume.
but would be much appreciated on your thoughts on this set up.
thanks in advance.

1hr and 4hr chart.

p.s. i know we are close to daily res.
This is for you on H4 >

ALso posible scenario,we will see ...


Cheers

Petar
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"Buy on fear, sell on greed !!!
  • #304
  • Feb 5, 2011 7:17am Feb 5, 2011 7:17am
Quoting Petar_Serbia
This is for you on H4 >

ALso posible scenario,we will see ...


Cheers

Petar
Hi Again Petar,
Though you did not reply my earlier queston about volume but I got my answer in your this post
Thanks a lot
I am using Alpari Demo and the bar colour of my Better Volume indictor is not the same as yours.I downloaded one from this thread and kept the default settings (Though i know you changed default white to purple).What could be the reason for this difference Pls?
If possible, pls keep mentioning time frame of the charts as it would be better for educatinal purposes.
You are really doing a great service of the trading community.Keep it up
  • #305
  • Feb 5, 2011 7:25am Feb 5, 2011 7:25am
Quoting Ifee
Hi Again Petar,
Though you did not reply my...
Thanks Ifee,

Look i changed just Stoping Volume collor from White to purple and that is all i changed.If you speak about different VOlume that is normal becouse you use Alpari,i use Insta.Every broker has different tick datas.

Cheers

Petar
"Buy on fear, sell on greed !!!
  • #306
  • Feb 5, 2011 7:45am Feb 5, 2011 7:45am
Quoting Petar_Serbia
every day is uniqe and that is why i dont post charts now for monday or for next week

Cheers

Petar
This answered a lot. Much appreciated.
Will be studying your entry methods, but I'm sure I'll be asking u a lot of question. LOL.
Thanks.
  • #307
  • Feb 5, 2011 8:26am Feb 5, 2011 8:26am
Quoting Petar_Serbia
Thanks Ifee,

Look i changed just Stoping Volume collor from White to purple and that is all i changed.If you speak about different VOlume that is normal becouse you use Alpari,i use Insta.Every broker has different tick datas.

Cheers

Petar
Thanks Petar for your prompt reply.
I also thought that Volume data could be different so no problem.
However pls keep posting your thoughts and plans here.They are of great practical educational value.
  • #308
  • Feb 5, 2011 9:55pm Feb 5, 2011 9:55pm
Quoting Petar_Serbia
Thanks Ifee,

Look i changed just Stoping Volume collor from White to purple and that is all i changed.If you speak about different VOlume that is normal becouse you use Alpari,i use Insta.Every broker has different tick datas.

Cheers

Petar
Hello Petar,

me permission to study in your thread,,
I want to learn to volume indicator
only an analysis, and I'm always wrong, don't follow me,
  • #309
  • Feb 6, 2011 5:03am Feb 6, 2011 5:03am
Quoting pkimnyc
This answered a lot. Much appreciated.
Will be studying your entry methods, but I'm sure I'll be asking u a lot of question. LOL.
Thanks.
Hehehhe

Its ok feel free to ask what you want i am a Casper
"Buy on fear, sell on greed !!!
  • #310
  • Feb 6, 2011 8:15am Feb 6, 2011 8:15am
Petar, could you please answer my question about taking two setups on one pair like on the GBPUSD last week? Do you risk 4% of your account on these trades? So when you went short EURUSD and GBPUSD you had 2% risk on EURUSD with one setup and 4% risk on GBPUSD with two setups for a total of 6% risk? Thank you.
  • #311
  • Feb 6, 2011 9:00am Feb 6, 2011 9:00am
Quoting darien95
Petar, could you please answer my question about taking two setups on one pair like on the GBPUSD last week? Do you risk 4% of your account on these trades? So when you went short EURUSD and GBPUSD you had 2% risk on EURUSD with one setup and 4% risk on GBPUSD with two setups for a total of 6% risk? Thank you.
Yea friend that was 6 %
"Buy on fear, sell on greed !!!
  • #312
  • Feb 7, 2011 2:59am Feb 7, 2011 2:59am
GMorning Petar,

Houston We have a problem... Looks like our last sheep is getting lost!
Last time I saw her as @1.6182, she's going the wrong way...
Do you have a dog to bring her back her she belongs, around 1.60?

Please release the dog!
Cheers!
  • #313
  • Feb 7, 2011 5:24am Feb 7, 2011 5:24am
Quoting Dedas
GMorning Petar,

Houston We have a problem... Looks like our last sheep is getting lost!
Last time I saw her as @1.6182, she's going the wrong way...
Do you have a dog to bring her back her she belongs, around 1.60?

Please release the dog!
Cheers!
NO friend,

I just back home and position from last week is stil valid
I wait to finish trade than i will add result for previuse week and of course i will start new week when i see setup


Cheers

PEtar
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"Buy on fear, sell on greed !!!
  • #314
  • Feb 7, 2011 5:57am Feb 7, 2011 5:57am
Hello guys,

We start new week with EURJPY sell (one posiiton).I sold at 111.60 TP 110.45 SL 112.60

We have good projection and i see good reject from chanel with 2 Stoping Volumes on lower diagonals...

Cheers and happy trading


Petar
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"Buy on fear, sell on greed !!!
  • #315
  • Feb 8, 2011 3:18am Feb 8, 2011 3:18am
Morning all.

Looks like the picture has brighten up after a dark night!

EURJPY back on the 111,60, the starting point.
GBPUSD down some 50 pips in the last hour and going to break the 1,61 level.

Petar, don't you consider that after 20, 30 pips, we could lock the SL to our entry point?
The thing is, if the price reverses over night (as it did tonight) we stay at least at BE, 1 pip or 5 pips, consolation prize.
The next morning, if the reason for buying or shorting a particular pair is still there, we do it again, and probably starting at a higher level.

I have a hard time seeing -€ in my open positions, specially after they were +€ the previous day.

Have a nice bearish green day!
  • #316
  • Feb 8, 2011 5:37am Feb 8, 2011 5:37am
Quoting Dedas
Morning all.

Looks like the picture has brighten up after a dark night!

EURJPY back on the 111,60, the starting point.
GBPUSD down some 50 pips in the last hour and going to break the 1,61 level.

Petar, don't you consider that after 20, 30 pips, we could lock the SL to our entry point?
The thing is, if the price reverses over night (as it did tonight) we stay at least at BE, 1 pip or 5 pips, consolation prize.
The next morning, if the reason for buying or shorting a particular pair is still there, we do it again, and probably starting...
Yea Dedas

Look,this is Forex and patiance is important thing.Everything is normal,Market works slowly and flaty this week and will also adjust with that situation,that mean,we will wait and we will have patiance...

For your question about Be after 20,30 pips,my answer is NO...


Cheers

Petar
"Buy on fear, sell on greed !!!
  • #317
  • Feb 9, 2011 2:41am Feb 9, 2011 2:41am
Bye bye 112.6.
SL is out and the pair is picking up some momentum (at least daily graph) but really not deserving to go anywhere but south!

Surely we'l have better luck next time.Cheers
  • #318
  • Feb 9, 2011 2:43am Feb 9, 2011 2:43am
Quoting Dedas
Bye bye 112.6.
SL is out and the pair is picking up some momentum (at least daily graph) but really not deserving to go anywhere but south!

Surely we'l have better luck next time.Cheers
Yea Dedas SL HIT -100 pips.As i said this is Forex and i watch today for two setups becouse yesterday wasnt setup...
Setup on EURJPY was very good but we got SL,that is why i have strick MM and i advice all of you the same...
One of bigger lesson is,learn how to control emotion when you loose setup,for me this is absolutly normal and i watch next setups carefuly

I will add result in first post for Week 9

Cheers
"Buy on fear, sell on greed !!!
  • #319
  • Feb 9, 2011 3:17am Feb 9, 2011 3:17am
Quoting Petar_Serbia
Yea Dedas SL HIT -100 pips.As i said this is Forex and i watch today for two setups becouse yesterday wasnt setup...
Setup on EURJPY was very good but we got SL,that is why i have strick MM and i advice all of you the same...
One of bigger lesson is,learn how to control emotion when you loose setup,for me this is absolutly normal and i watch next setups carefuly

I will add result in first post for Week 9

Cheers
There is a bearish bat on eur/jpy H1 chart. No confirmed short entry yet, but keep and eye on it
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #320
  • Feb 9, 2011 3:45am Feb 9, 2011 3:45am
Quoting realjumper
There is a bearish bat on eur/jpy H1 chart. No confirmed short entry yet, but keep and eye on it
Hello friend ,

Where are you ? HOw your tradin ?

Look for EURJPY i am neutral becouse we can see negative coleration EURUSD and EURJPY and i dont like that..
"Buy on fear, sell on greed !!!
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