The ART of trading by Petar_Serbia | Page 30 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Art of Trading with MTF Stochastics 1,017 replies

The art of Trading MAs 883 replies

The Zen art of trading 24 replies

ok thats it!!! trading is more an art then a math algorithm 35 replies

Trading: Part Science and Part Art 28 replies

Attachments: The ART of trading by Petar_Serbia
Exit Attachments

The ART of trading by Petar_Serbia

  • #581
  • Mar 11, 2011 2:58pm Mar 11, 2011 2:58pm
Quoting mfinab
+104 pips this week so far and still have a GU opened with SL at BE.

So we could get +50pips = +154 pips on GU if it goes on TP2

Have a good week-end to all!

Mfinab,
Keep up the good work....and do continue posting your analysis.....may the pips be with you

Regards

Ali
Raza
  • #582
  • Mar 12, 2011 12:16am Mar 12, 2011 12:16am
Quoting mfinab
Again, I still want to thanks Petar for all his gratitude to have shared all those charts online.

I have really learn some good things on Forex and charts because of him.

Thank you Petar

Mfinab,
don't stop posting. i sent you a PM.
  • #583
  • Mar 14, 2011 5:10am Mar 14, 2011 5:10am
Quoting mfinab
Hi,

TP1 hit + 50 pips, let's see if it touch 6100 before the Week-End

SL at BE
http://my.jetscreenshot.com/4229/201...u5wj-588kb.jpg
Mfinab,
OK TP2 Hit

So +154 pips last week.

Good pips in pocket.

Cooltrader, check your pm message

Have a good week to all!

Mfinab,
http://my.jetscreenshot.com/4229/201...1dpe-606kb.jpg
  • #584
  • Mar 14, 2011 6:12am Mar 14, 2011 6:12am
Hi !

Today my trade is USD CAD Bought at 9720 TP1 9775 TP2 9800 SL 9650

Have a good day!

Mfinab,
http://my.jetscreenshot.com/4229/201...a8aq-734kb.jpg
  • #585
  • Mar 14, 2011 8:02am Mar 14, 2011 8:02am
USDCAD M30
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad h1.gif Size: 23 KB
  • #586
  • Mar 14, 2011 8:19am Mar 14, 2011 8:19am
GBPJPY H4
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy h4.gif Size: 28 KB
  • #587
  • Mar 14, 2011 3:45pm Mar 14, 2011 3:45pm
Hi!

Considering the latest quake disaster in Japan, what is your opinion on the JPY performance for the next semester?

In my opinion is that Japan will miss GPD targets for a while, industrial production is stalled for a while and some reconstruction has to be done to get all the transport system running. At the same time, I think there will be an effort to weaker the Yen to improve exports.
So I'm tempted to short Yen vs all majors but I still don't see it in the charts!

Any one thinks like this or the tsunami that affected 5-10 miles of the coast line and a nuclear plant, will not have enough impact on the currency?

Cheers!
  • #588
  • Mar 14, 2011 4:01pm Mar 14, 2011 4:01pm
Quoting Dedas
Hi!

Considering the latest quake disaster in Japan, what is your opinion on the JPY performance for the next semester?

In my opinion is that Japan will miss GPD targets for a while, industrial production is stalled for a while and some reconstruction has to be done to get all the transport system running. At the same time, I think there will be an effort to weaker the Yen to improve exports.
So I'm tempted to short Yen vs all majors but I still don't see it in the charts!

Any one thinks like this or the tsunami that affected 5-10 miles of the...
Hi Dedas,

That's not a bad idea but.... for me I think it's kinda of dangerous because BOJ could intervene.

Check that article http://www.marketwatch.com/story/wor...ons-2011-03-14

Any other suggestions or comments from someone else ?


Mfinab
  • #589
  • Edited 10:58pm Mar 14, 2011 10:46pm | Edited 10:58pm
Quoting Dedas
Hi!

Considering the latest quake disaster in Japan, what is your opinion on the JPY performance for the next semester?

In my opinion is that Japan will miss GPD targets for a while, industrial production is stalled for a while and some reconstruction has to be done to get all the transport system running. At the same time, I think there will be an effort to weaker the Yen to improve exports.
So I'm tempted to short Yen vs all majors but I still don't see it in the charts!

Any one thinks like this or the tsunami that affected 5-10 miles of...
Hi Dedas,
As a swing/long term trader I still see UJ approaching to it's long time low of 79.75 in april 1995. Yen has defied gravity even with massive BOJ multiple spontanious interventions. So is EJ at 88.90 in oct.1999. And GJ at 118.80 jan. 2009. Even though GJ is not a major but my all time favorite to trade long term. It's in a 1000 pips channel since 10 months. It has 400 pips bearish fuel.

I agree with you, the charts not equating with the events. The ripple effect might kick in some time but both majors still have some south juice.
My analysis show as a pure chartist (minus NFP) and price action hawk eye trader yen is still unbelieveably bearish. JMHO.
But I don't want to change the subject any longer with respect to this thread.

Pip it Up !

Big Mike
  • #590
  • Edited 10:59pm Mar 14, 2011 10:49pm | Edited 10:59pm
Hi mfinab,

Congrats again on the CAD trade.

Pip it Up !

Big Mike
  • #591
  • Mar 15, 2011 5:23am Mar 15, 2011 5:23am
Quoting mfinab
Hi !

Today my trade is USD CAD Bought at 9720 TP1 9775 TP2 9800 SL 9650

Have a good day!

Mfinab,
http://my.jetscreenshot.com/4229/201...a8aq-734kb.jpg
Hi guys !!

USD CAD hit TP1 and TP2
Attached Image (click to enlarge)
Click to Enlarge Name: 20110315 USD CAD +60.jpg Size: 133 KB
  • #592
  • Mar 15, 2011 6:31am Mar 15, 2011 6:31am
Usdcad tp1 0.9973 - tp2 ?? 1.0010
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 7.24am.gif Size: 29 KB
  • #593
  • Mar 15, 2011 6:55am Mar 15, 2011 6:55am
Hi!

Today I didn't took a normal pair. I have risk only 1% of my account.

Bought at 1.4751 TP1 1.4800 +49 TP2 1.4850 +99 SL 1.4660 -90

let's see

Have a good day to all

http://my.jetscreenshot.com/4229/201...f3xs-596kb.jpghttp://my.jetscreenshot.com/4229/201...ewaw-641kb.jpg
  • #594
  • Mar 15, 2011 7:05am Mar 15, 2011 7:05am
Keep in mind that this is really a rare case where I will trade that pair. It is not a pair I trade normally and my confidence is at about 55% on this trade so be carefull.

Mfinab,
  • #595
  • Mar 15, 2011 7:50am Mar 15, 2011 7:50am
USDCAD M5 - 8.45AM
Just want to say..If you're not confortable to stay all the way Up to TP2..Just scalp same direction of my MA Yellow (as long as the angle is around 45 Degres- Very Important). You're safe. Not because it's my MA :-) but because it's the direction of SM Professional Money.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 8.41am.gif Size: 22 KB
  • #596
  • Mar 15, 2011 8:08am Mar 15, 2011 8:08am
USDCAD M5 - 9AM
PA Retrace to MA. Get Ready for the Rally Up to 0.9950 For now.
USDCAD Breaking out of 7 Months Bearish Channel !!
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 9am.gif Size: 23 KB
  • #597
  • Edited 9:53am Mar 15, 2011 8:45am | Edited 9:53am
Dollar Index Up To 76.85
Stocks set to plunge
Risk Off table
Will lift USDCAD
The Gold TL @ .9888 is the Weekly TL. Very powerfull.
Was Support..become Resistance TL now.
Expect PA Pullback/Bounce from Daily Yellow Res TL @ .9873
Or H4 Blue Res TL @ .9844
If more down..then "God help me" ..running out of options...:-)
  • #598
  • Mar 15, 2011 9:12am Mar 15, 2011 9:12am
GBPJPY M5 - 10.07AM
Nice downtrend but this time I will say..DO NOT trust it..BOJ more injections??
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 10.06am.gif Size: 25 KB
  • #599
  • Mar 15, 2011 9:56am Mar 15, 2011 9:56am
PA approaching Blue H4 Res TL..Last chance For a long Entry
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 10.51am.gif Size: 25 KB
  • #600
  • Mar 15, 2011 10:53am Mar 15, 2011 10:53am
Hope someone took a few pips.
I did +50 Up to the 78.6% Fib @ .9973
TP 1 is always very clear.
Hope to be able to reenter long soon now ..waiting..let see.
We are 1H ahead of UK time so still volume till 1PM
DXY Up @ 76.49
2 traders viewing now