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The ART of trading by Petar_Serbia

  • #521
  • Feb 25, 2011 7:48am Feb 25, 2011 7:48am
We have 3 active positions and i will wait to see what will happen..




Petar
"Buy on fear, sell on greed !!!
  • #522
  • Feb 25, 2011 8:19am Feb 25, 2011 8:19am
Quoting Dedas
BigMike,

You're right! 2% of the account is not 8%, thus opening an 8% trade it means 4 times the risk! And if it goes against you it can shred your account literally, specially if people use 100:1 and bigger leverages! I should measure my words better.

New people in Forex should start by never going beyond 2%. At the same time, they should also start using small leverages and not go straight to the 500:1 where the math says you'll get rich over night!

But setting mini goals at round figures, pivot points, and other S/R lines can...
Hi dedas,

Thanks for the clarification! Two thumbs up !

I do the same too when there is some retracement on my long term trades.
If all indies are still in line and there is no other pair that I want to trade at that moment, I load it up a notch and I consider that new position as an independent trade with 2% limit on that same pair.

It's mysterious, as Petar said in previous posts, I can see price action on long term and wait till the charts "speak" to me. I have the eye for long term. But boy, do I stink on short term ! I need more training.
That is why I'm here.

Hmm... That would be a great infomercial: Charts Eye Trainer !!!

Pip it Up!

BigMike
  • #523
  • Feb 25, 2011 10:02am Feb 25, 2011 10:02am
Quoting Petar_Serbia
We have 3 active positions and i will wait to see what will happen..




Petar
Petar,

EUR is really hurting bad! Can you talk to the people you know in the forex interbank tech. support and make it go up? Thanks!
[it looks like finally some steam is coming out of this big move.and UP it goes and hopefully all the way to TP!]

Can you comment on these 2 pairs?
AUSUSD just broke above the channel, already tested it once and looks like is going up.
USDCAD is breaking down some major support!Still in the previous channel, it crossed now 0.9800 and moving down.

Any of them look good to you (for next week)?
Cheers!
  • #524
  • Feb 26, 2011 1:53pm Feb 26, 2011 1:53pm
Quoting Petar_Serbia
We have 3 active positions and i will wait to see what will happen..




Petar


-can i know which positions are you in?
- are u keeping ur position on eur/jpy?
  • #525
  • Feb 27, 2011 10:18am Feb 27, 2011 10:18am
Quoting Trn007
-can i know which positions are you in?
- are u keeping ur position on eur/jpy?
EURUSD,EURJPY..
"Buy on fear, sell on greed !!!
  • #526
  • Feb 27, 2011 4:49pm Feb 27, 2011 4:49pm
Quoting Petar_Serbia
EURUSD,EURJPY..
thanks petar....
have a lot pips week...

cheers
  • #527
  • Feb 28, 2011 4:24am Feb 28, 2011 4:24am
First target EURUSD HHIIITTTT.

PERFECT.

CONGRATS.

James
  • #528
  • Feb 28, 2011 4:33am Feb 28, 2011 4:33am
Quoting James Pier
First target EURUSD HHIIITTTT.

PERFECT.

CONGRATS.

James
Heh Yea James EURUSD after 4 days of flaty finished +120 pips,Second positions on EURUSD is at BE and also EURJPY is still active...I will add result on first page...
"Buy on fear, sell on greed !!!
  • #529
  • Feb 28, 2011 5:19am Feb 28, 2011 5:19am
Petar,

Amazing how this turned around over the weekend!!
You contacts in the interbank network did well their job!

Let's hope we get today the round numbers 1,39 and 114!
It does look good!

Even cable is in the green now... damed SL!

Cheers!
  • #530
  • Feb 28, 2011 5:40am Feb 28, 2011 5:40am
Quoting Petar_Serbia
Heh Yea James EURUSD after 4 days of flaty finished +120 pips,Second positions on EURUSD is at BE and also EURJPY is still active...I will add result on first page...
I did not take the Eur and Eur/Jpy while closed Gbp with a small loss
  • #531
  • Feb 28, 2011 6:52am Feb 28, 2011 6:52am
Hello guys,

This is my last setup wich i post live here...I got some mails where guys told me that all my setups are on some comercial sites..I can post at end of week my setups and that is all,than you will know history results becouse that is important for traders.Also i think you have good material for learning.I am also very busy with my buissnese in my country and also with my students.
Once again,for succesful trading in Forex you need First- Knowledge,Second Discipline and Third Patiance ! Remember that ....


About setup i bought AUDUSD at price 1.0150 TP 1.0250 SL 1.0050


Cheers and green pips

Petar
Attached Image (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #532
  • Feb 28, 2011 7:22am Feb 28, 2011 7:22am
Quoting Petar_Serbia
Hello guys,

This is my last setup wich i post live here...I got some mails where guys told me that all my setups are on some comercial sites..I can post at end of week my setups and that is all,than you will know history results becouse that is important for traders.Also i think you have good material for learning.I am also very busy with my buissnese in my country and also with my students.
[size=3][font=System]Once again,for succesful trading in Forex you need First- Knowledge,Second...
what a pity!

i always enjoyed your analysis.

anyways, thanks for your posts here.

good trades, my friend! rock on!
meine augen sind die sterne
  • #533
  • Feb 28, 2011 7:23am Feb 28, 2011 7:23am
Well thanks for your time and effort while it lasted , man there are some real slimy pricks out there in the FOREX world
Never been vouched
  • #534
  • Feb 28, 2011 7:33am Feb 28, 2011 7:33am
Thanks for everything...you inspiring me
  • #535
  • Feb 28, 2011 8:16am Feb 28, 2011 8:16am
Quoting Petar_Serbia
Hello guys,

This is my last setup wich i post live here...I got some mails where guys told me that all my setups are on some comercial sites..I can post at end of week my setups and that is all,than you will know history results becouse that is important for traders.Also i think you have good material for learning.I am also very busy with my buissnese in my country and also with my students.
[size=3][font=System]Once again,for succesful trading in Forex you need First- Knowledge,Second...
Hi Petar,

This is a sad news...

May I make a suggestion ?

Would you consider sending signals in a private paid service ?

I would gladly pay monthly fees for your hard work, devotion and of course results.

As I said in a previous post, I need the short term coaching/setups because I'm not good at it yet.

Please consider this seriously. You have proven over 10-11 weeks that you can maintain consistant profits, which is the key word in this roller coaster market.

Also you are an excellent coach/professor and this is rare in this racket. I can't believe that you put in so much work in this thread that has become almost a community and growing...

Hopefully you will answer on this thread or in private.

Please accept my Sincere and Best Regards,

BigMike
  • #536
  • Feb 28, 2011 8:35am Feb 28, 2011 8:35am
Quoting Big Mike
Hi Petar,

This is a sad news...

May I make a suggestion ?

Would you consider sending signals in a private paid service ?

I would gladly pay monthly fees for your hard work, devotion and of course results.

As I said in a previous post, I need the short term coaching/setups because I'm not good at it yet.

Please consider this seriously. You have proven over 10-11 weeks that you can maintain consistant profits, which is the key word in this roller coaster market.

Also you are an excellent coach/professor and this is rare in this racket....
I do agree with BigMike,please consider it seriously.

I learn a lot from you and I aprreciate what you are doing, thank you for the great work Petar.
God Bless You.
  • #537
  • Feb 28, 2011 8:38am Feb 28, 2011 8:38am
Petar,
Thank you very much for all your time and help.
I would try to learn your method from whatever materila you have very graciously provided here.
Take care.

Regards
  • #538
  • Feb 28, 2011 8:43am Feb 28, 2011 8:43am
Hello everybody,

I am also ready to pay this service. I have donate some money as good signals for entry so I am ready for next step
  • #539
  • Feb 28, 2011 8:53am Feb 28, 2011 8:53am
Hi Petar,

thank you very much for all your effort here, we all have learned a lot from you and want to continue. Please post your setups and materials further, whatever and whenever they are. It's a pity that we cannot go w/ you live. Once more time ... thank you my friend
  • #540
  • Feb 28, 2011 9:45am Feb 28, 2011 9:45am
Quoting Petar_Serbia
Hello guys,

This is my last setup wich i post live here...I got some mails where guys told me that all my setups are on some comercial sites..

Petar
Petar, do not give up - you have no idea how many stupid emails i have already recieved for all these years i would say maybe even thousand.
look at the bright side - there are many people whom you really helped - i always think only about it.
good luck my friend
cannarek

ps.on the second thought - what is the diffrence between posting live and post factum - i mean regarding the charges your charts are not yours. take care Petar!
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