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The ART of trading by Petar_Serbia

  • #1,341
  • Nov 28, 2013 9:19am Nov 28, 2013 9:19am
USD/CHF, Institutional traders enjoy downward movement, first major target at 0.8900
Read more about this article and feel free to comment >

http://volumereaction.com/technical-...at-0-8900.html

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,342
  • Edited 5:28pm Nov 28, 2013 4:05pm | Edited 5:28pm
Quoting Petar_Serbia
{quote} Hello Jer21, I am bullish on this pair from 1.3300.Of course, in every trend we will see some corrections, majos or small corrections but eur is prety healthy from my opinion and we got selling climax according to H4 chart so selling looks very risky and we may see reaction from strong holders tomorrow, lets wait and see. Price also testing previous swing high (supply) at 1.3558. In case that smart money dont react on this selling climax, we may see possible end of bearish corrective phase around price 1.3535-1.3530 Best Regards, Petar {image}...


I have one question though, how would you differentiate a topping/bottoming formation vs. just a corrective phase? Because has you said buying/selling volume can also form at corrective tops/bottoms.

For example, USDCHF 30min chart.

Since selling pressure could not break through 0.9050 level, could this be a double bottom? or a corrective phase? What would be your outlook on this? I need some clarification.

Thanks!
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  • #1,343
  • Nov 28, 2013 7:54pm Nov 28, 2013 7:54pm
Quoting Jer21
{quote} I have one question though, how would you differentiate a topping/bottoming formation vs. just a corrective phase? Because has you said buying/selling volume can also form at corrective tops/bottoms. For example, USDCHF 30min chart. Since selling pressure could not break through 0.9050 level, could this be a double bottom? or a corrective phase? What would be your outlook on this? I need some clarification. Thanks! {image}
Hello Jer21,
Its more complex then just base volume analysis.You must know major trend, you must know about multi Fibonacci zones, supply and demand zones, and you must watch whole volume background when you make any descision, not just volume in one bar.If you want to learn my way of trading, my advice is dont waste time and start my mentorship program if you want to start professional trading and to become fulltime trader.
Read more about :
http://volumereaction.com/mentorship-program.html
I will teach you everything you need to start your professional journey, and also i will give you my full support after you finish my program.
My advice also, delete all indicators from chart and put just volume and one average if you like, you dont want to confuse yourself.
All you need is knowledge , volume indicator, Fibonacci tools, price action.
About USD/CHF you can read my analysis on that pair :
http://volumereaction.com/technical-...at-0-8900.html

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,344
  • Nov 29, 2013 9:36am Nov 29, 2013 9:36am
GBP/USD, Second target met at 1.6360, next possible station at 1.6500

Read more about this analysis and feel free to comment >

http://volumereaction.com/technical-...at-1-6500.html

Best regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,345
  • Nov 29, 2013 9:59am Nov 29, 2013 9:59am
Hello everyone,
Lets analyize volume reaction on M15 EUR/USD :

I marked on chart numbers and will put here about every number :

1. Shake-out and Demand over coming supply on very high volume
2. Selling climax
3. No selling pressure
4. High effort for downward
5. Demand bar and reaction from downward high effort = high effort for downward with no results

To read about volume terms visit >
http://volumereaction.com/volume-terms.html

I posted some basics about volume price action analysis, when i write volume background in my posts, this is example of good background on M15 chart.
Keep in mind, this is just one way of analyzing market using volume, you must be able to spot different types and to use different techniques, depend on the market situation.Also, if you trade intra frames like M15,M30, you must know major trend and important fibo levels.

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #1,346
  • Nov 29, 2013 2:03pm Nov 29, 2013 2:03pm
Quoting Petar_Serbia
{quote} Hello Jer21, Its more complex then just base volume analysis.You must know major trend, you must know about multi Fibonacci zones, supply and demand zones, and you must watch whole volume background when you make any descision, not just volume in one bar.If you want to learn my way of trading, my advice is dont waste time and start my mentorship program if you want to start professional trading and to become fulltime trader. Read more about : http://volumereaction.com/mentorship-program.html I will teach you everything you need...
I appreciate the offer but I know most of those theories your trying to teach. I don't like fibs because its a hit or miss tool, I use another concept to gauge strong support/resistance levels. All you really need is volume and price. The 0.9050 level on USD/CHF seems to hold, I'm turning bullish now until price tells me other wise. Volume and price does not lie.

Thanks anyways, you've done a great job here.
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  • #1,347
  • Nov 29, 2013 2:54pm Nov 29, 2013 2:54pm
Hello Jer21,
I must say that Fibonacci is most powerful mathematical tool from my opinion and its integral part of my trading but you must know how to use it properly.On USD/CHF i am bearish from 0.9200 as i posted on my website.Price currently testing FR 61.8 % at 0.9027, if price breaks that area (which i expect), we may see testing of 0.8900(first major target level) .Of course, there may be small upper corrections, which is normal market dynamic but some large corrections i dont expect.I am mainly short-mid term trader and i enjoy to follow institutional money as much is possible.
My advice on USD/CHF, be careful with any short term buying and watch for selling opportunities below 0.9020.

Best Regards,

Petar
"Buy on fear, sell on greed !!!
  • #1,348
  • Nov 29, 2013 3:18pm Nov 29, 2013 3:18pm
Quoting Petar_Serbia
Hello Jer21, I must say that Fibonacci is most powerful mathematical tool from my opinion and its integral part of my trading but you must know how to use it properly.On USD/CHF i am bearish from 0.9200 as i posted on my website.Price currently testing FR 61.8 % at 0.9027, if price breaks that area (which i expect), we may see testing of 0.8900(first major target level) .Of course, there may be small upper corrections, which is normal market dynamic but some large corrections i dont expect.I am mainly short-mid term trader and i enjoy to follow...

Everybody has their own take on how to use Fibonacci and such. But I haven't found any good research on why it works/why it fails at either 38/50/61.8 or 886, too subjective from my opinion. I'd like to know how many times out of a 100 price would work at these different levels. Too many "it could work here or there". After all, the name of the game is to get the perfect entry so risk would be reduce. I would be glad if someone could help me find to such proof.
  • #1,349
  • Nov 29, 2013 3:39pm Nov 29, 2013 3:39pm
Quoting Jer21
{quote} Everybody has their own take on how to use Fibonacci and such. But I haven't found any good research on why it works/why it fails at either 38/50/61.8 or 886, too subjective from my opinion. I'd like to know how many times out of a 100 price would work at these different levels. Too many "it could work here or there". After all, the name of the game is to get the perfect entry so risk would be reduce. I would be glad if someone could help me find to such proof.
Read all my posts and forecasts on my website, and you will have picturo, i will quote from my first post , definition of success and being professional >

"Being professional in Forex business means being able to make consistent profit on long term (2+ years)
The consistent winners think differently from everyone else. Those traders who have the confidence in their own trades, who trust themselves to do what needs to be done without hesitation, are the ones who become successful.They learn to focus on the information that helps them spot opportunities to make a profit, rather than focusing on the information that reinforces their fears."

There is a huge lack of knowledge about Fibonacci on the internet and 90 % are just basics, that is whyiwrote you, once you finish my mentorship program, you wont need anything esle and you will be able to fulltime trade and to build consistent success, of course if you do hard work and practice, without hard work you wont build success.
Simple answer on your question about Fibonacci is, Fibonacci works because large institutions respect Fibonacci levels in their investing as well.Like in everything in life you need education about using Fibonacci on right way., because if you use it wrong, you wont find results.
After all, i agree with you, the point is to get perfect entry and to reduce risk, i am doing that over the years with good success and i just wanted to give you some directions for your better success..

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,350
  • Dec 2, 2013 10:24am Dec 2, 2013 10:24am
[highlight=rgba(255, 255, 255, 0.6)]EUR/USD, Selling climax at 1.3525 and potential bullish continuation[/highlight]
Read more about this analysis and feel free to comment >

http://volumereaction.com/technical-...tinuation.html

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,351
  • Dec 2, 2013 1:06pm Dec 2, 2013 1:06pm
GBP/CHF, Institutional traders enjoy bullish momentum
Read more about this analysis and feel free to comment >

http://volumereaction.com/technical-...at-1-5000.html

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,352
  • Dec 3, 2013 8:35am Dec 3, 2013 8:35am
EUR/USD, Sellers got trapped again, strong reaction at 1.3525 from institutional traders
Read more about this analysis and feel free to comment >
http://volumereaction.com/technical-...l-traders.html

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #1,353
  • Dec 4, 2013 10:35am Dec 4, 2013 10:35am
EUR/USD, Another panic selling at 1.3525 may signal end of the bearish corrective phase
Read more about this article and feel free to comment >

http://volumereaction.com/technical-...ive-phase.html

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,354
  • Dec 4, 2013 1:31pm Dec 4, 2013 1:31pm
Quoting Petar_Serbia
{quote} Read all my posts and forecasts on my website, and you will have picturo, i will quote from my first post , definition of success and being professional > "Being professional in Forex business means being able to make consistent profit on long term (2+ years) The consistent winners think differently from everyone else. Those traders who have the confidence in their own trades, who trust themselves to do what needs to be done without hesitation, are the ones who become successful.They learn to focus on the information that helps them spot...
Thanks for the offer again "Ivan Drago Jr.", all I need is "Master The Markets" book.

Good trading mate!
  • #1,355
  • Dec 5, 2013 11:52am Dec 5, 2013 11:52am
Video analysis EUR/USD, amazing progress >

Inserted Video



Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,356
  • Dec 6, 2013 8:53am Dec 6, 2013 8:53am
EUR/JPY, Third institutional target met at 140.30, (+700 pips) since our original bullish trading idea
Read more about this analysis and feel free to register on website :

http://volumereaction.com/technical-...at-140-30.html

Best Regards,
Petar
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh406dec.png Size: 86 KB
"Buy on fear, sell on greed !!!
  • #1,357
  • Dec 9, 2013 9:44am Dec 9, 2013 9:44am
EUR/JPY, Fourth target met at 141.60, amazing progress (+800 pips) since our original bullish idea.
Read more about this analysis and feel free to comment >

http://volumereaction.com/technical-...-continue.html

Best Retards,
Petar
"Buy on fear, sell on greed !!!
  • #1,358
  • Dec 10, 2013 9:28am Dec 10, 2013 9:28am
EUR/USD, Amazing progress (+400 pips current), level of 1.3845 awaiting
Read more about this analysis and feel free to comment >

http://volumereaction.com/technical-...-awaiting.html

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,359
  • Dec 10, 2013 11:29am Dec 10, 2013 11:29am
AUD/USD, Possible bullish corrective phase and testing of 0.9280
Read more about this analysis and feel free to register on webiste :

http://volumereaction.com/technical-...ive-phase.html

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,360
  • Dec 11, 2013 10:25am Dec 11, 2013 10:25am
hi petar,
after days waiting on this eur/usd, i don't found anything with vol. Any help?
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