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  • #1,381
  • Dec 19, 2013 3:07pm Dec 19, 2013 3:07pm
GBP/USD, Target are at 1.6460 reached, amazing progress
Read more about this analysis and feel free to comment >

http://volumereaction.com/technical-...0-reached.html

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #1,382
  • Dec 20, 2013 8:23am Dec 20, 2013 8:23am
EUR/USD, Support around 1.3613-1.3635, possible bullish continuation
Read more about analysis and feel free to comment >

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

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #1,383
  • Dec 22, 2013 3:58am Dec 22, 2013 3:58am
Hi Petar,

I hope this finds you well, I have been following the EURUSD on its way up and buying on strength seen by the specialists, I am a little confused because the EU4H chart looks to be either a possible upthrust as major weakness or a possible selling climax as major strength. I have attached a EU4H chart please can you comment on this if possible?

With your analysis you noted the recent high volume down move as a selling climax, which would indicate that we will see higher prices. Thank you kindly for any feedback you could share.

Quoting Petar_Serbia
EUR/USD, Support around 1.3613-1.3635, possible bullish continuation Read more about analysis and feel free to comment > http://volumereaction.com/technical-...tinuation.html Best Regards, Petar {image}
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Tracking the Specialists.
  • #1,384
  • Dec 23, 2013 12:25pm Dec 23, 2013 12:25pm
EUR/USD, Support at 1.3630 held successfully, first station at 1.3705 has been reached (amazing progress)
Read more about analysis and feel free to comment >

http://volumereaction.com/technical-...n-reached.html

Best Regards,
Petar
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Click to Enlarge Name: eurusdh423dec.png Size: 63 KB
"Buy on fear, sell on greed !!!
  • #1,385
  • Dec 23, 2013 12:45pm Dec 23, 2013 12:45pm
Quoting Connected
Hi Petar, I hope this finds you well, I have been following the EURUSD on its way up and buying on strength seen by the specialists, I am a little confused because the EU4H chart looks to be either a possible upthrust as major weakness or a possible selling climax as major strength. I have attached a EU4H chart please can you comment on this if possible? With your analysis you noted the recent high volume down move as a selling climax, which would indicate that we will see higher prices. Thank you kindly for any feedback you could share. {quote}...
Hello there ,
Thanks for question.First of all EUR/USD is in bullish trend and price around 1.3630 was good technical area (FE 161.8 %, demand zone ) for further bullish continuation phase by institutional traders.We also got large selling climax and no confirmation for further downward movement (lacking of supply, volume leveling off) at 1.3630.Price tested our first upper station level at 1.3705 (previous swing low).Next possible station is level 1.3800-1.3805 but price must break level of 1.3720 on good volume background to confirm further bullish movement.
Hope i helped you..
Feel free to post your analysis and charts in this thread.

Best Regards.
Petar
"Buy on fear, sell on greed !!!
  • #1,386
  • Dec 23, 2013 4:10pm Dec 23, 2013 4:10pm
Quoting Connected
Hi Petar, I hope this finds you well, I have been following the EURUSD on its way up and buying on strength seen by the specialists, I am a little confused because the EU4H chart looks to be either a possible upthrust as major weakness or a possible selling climax as major strength. I have attached a EU4H chart please can you comment on this if possible? With your analysis you noted the recent high volume down move as a selling climax, which would indicate that we will see higher prices. Thank you kindly for any feedback you could share. {quote}...

Have you read "Master The Markets"? You'll find the answer there.

Go here for more comprehensive discussion about volume trading: vsa with Malcolm

http://www.forexfactory.com/showthre...1760&page=1256
  • #1,387
  • Dec 24, 2013 12:17am Dec 24, 2013 12:17am
Thanks Petar and Jer for your comments, this is really helpful. I am currently reading through Master the Markets for the second time, hence my confusion about the selling climax, I have read that the selling climax is usually the start of accumulation and is found at market bottoms. On the EU4H I also see what looks to be a major sign of weakness as an Upthrust after a confirmed test for buyers shows us a No Demand. The major 4h trendline has been broken and retested. If we look at the daily chart today we can now see lack of buying and a possible test for a potential but not yet confirmed No Demand, however this is possibly also due to the lower volumes present during holiday slowdown. I am struggling to see a bullish continuation at present due to the lower lows on the EU4H.

Quoting Jer21
{quote} Have you read "Master The Markets"? You'll find the answer there. Go here for more comprehensive discussion about volume trading: vsa with Malcolm http://www.forexfactory.com/showthre...1760&page=1256
Tracking the Specialists.
  • #1,388
  • Dec 24, 2013 3:10am Dec 24, 2013 3:10am
Hello there,
You are welcome .Just one thing about VSA. VSA is just one way of analyzing volume and if you look just according to VSA you will not find stable results on longer term, you must have knowledge of different styles of reading the volume.From VSA i am using just few terms and thats all.Also, you must have knowledge about pure price action and multi Fibonacci zones.About no demand bar on your chart, Asia session is not rly. valid in terms of volume, because you will see in 90 % low volotility.

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,389
  • Dec 24, 2013 5:11am Dec 24, 2013 5:11am
Quoting Petar_Serbia
you must have knowledge of different styles of reading the volume
Hello Petar, thank you for your comments please can you mention the other ways to read the volume other than VSA or perhaps please if possible point me to a book or reference material please so that I may study further. Many thanks
Tracking the Specialists.
  • #1,390
  • Dec 24, 2013 5:13am Dec 24, 2013 5:13am
Quoting Jer21
{quote} Have you read "Master The Markets"? You'll find the answer there. Go here for more comprehensive discussion about volume trading: vsa with Malcolm http://www.forexfactory.com/showthre...1760&page=1256
great thread thanks Jer I have been reading through it also alongside Master the Markets, great sources of information!
Tracking the Specialists.
  • #1,391
  • Dec 24, 2013 11:57am Dec 24, 2013 11:57am
Quoting Connected
{quote} Hello Petar, thank you for your comments please can you mention the other ways to read the volume other than VSA or perhaps please if possible point me to a book or reference material please so that I may study further. Many thanks
You are welcome
You must know to calculate volume in the legs, in the swings, also to create your way of analyzing.Few years ago i created my own successful way of reading the volume which i teach other traders in my mentorship program.In analyzing volume i use different techniques plus my own way of reading.That is why i wrote you that VSA is just one small part in professional analyzing volume.
Feel free to post your charts and trading ideas.

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,392
  • Dec 24, 2013 12:00pm Dec 24, 2013 12:00pm
#DAX, Third institutional target met at 9,488.00, amazing progress
Read more about analysis and feel free to comment >

http://volumereaction.com/technical-...-9,488-00.html

Best Regards,
Petar
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"Buy on fear, sell on greed !!!
  • #1,393
  • Dec 24, 2013 8:18pm Dec 24, 2013 8:18pm
Hello Petar, thank you for your comments, I think once I have completed the VSA materials I will be contact with you about your program, very interesting. Many thanks


Quoting Petar_Serbia
{quote} You are welcome You must know to calculate volume in the legs, in the swings, also to create your way of analyzing.Few years ago i created my own successful way of reading the volume which i teach other traders in my mentorship program.In analyzing volume i use different techniques plus my own way of reading.That is why i wrote you that VSA is just one small part in professional analyzing volume. Feel free to post your charts and trading ideas. Best Regards, Petar
Tracking the Specialists.
  • #1,394
  • Dec 25, 2013 4:45am Dec 25, 2013 4:45am
Merry Christmas & Prosperious New Year 2014!


http://www.dodaj.rs/f/b/Lx/2ATMUpRh/...s-2014-pic.jpg
"Buy on fear, sell on greed !!!
  • #1,395
  • Dec 27, 2013 7:09am Dec 27, 2013 7:09am
EUR/USD, Second station at 1.3810 has been met, possible testing of 1.4000 (Amazing progress)
Read more about this analysis and feel free to register on website :

http://volumereaction.com/technical-...of-1-4000.html

Best Regards,
Petar
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh427dec.png Size: 58 KB
"Buy on fear, sell on greed !!!
  • #1,396
  • Dec 28, 2013 2:52am Dec 28, 2013 2:52am
Quoting Petar_Serbia
EUR/USD, Second station at 1.3810 has been met, possible testing of 1.4000 (Amazing progress) Read more about this analysis and feel free to register on website : http://volumereaction.com/technical-...of-1-4000.html Best Regards, Petar {image}
Very good analysis Petar - well done, it is very impressive!
Tracking the Specialists.
  • #1,397
  • Dec 28, 2013 7:46am Dec 28, 2013 7:46am
Hi Petar, please can you give me an idea of how long it will take to learn how to do Elliot Wave analysis? many thanks
Tracking the Specialists.
  • #1,398
  • Dec 28, 2013 8:59am Dec 28, 2013 8:59am
Quoting Connected
{quote} Very good analysis Petar - well done, it is very impressive!
Hello there,
Thank you very much
"Buy on fear, sell on greed !!!
  • #1,399
  • Dec 28, 2013 9:21am Dec 28, 2013 9:21am
Quoting Connected
Hi Petar, please can you give me an idea of how long it will take to learn how to do Elliot Wave analysis? many thanks
Hello again,
I rly. dont know because i dont use Elliot wave in my trading.I use volume analysis, multi Fibonacci zones and pure price action.My advice about EW theory is, if you want to use EW, use it just like additiional tool, dont base trade on EW theory.

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,400
  • Edited 9:27am Dec 28, 2013 9:25am | Edited 9:27am
Quoting Petar_Serbia
{quote} Hello again, I rly. dont know because i dont use Elliot wave in my trading.I use volume analysis, multi Fibonacci zones and pure price action.My advice about EW theory is, if you want to use EW, use it just like additiional tool, dont base trade on EW theory. Best Regards, Petar
Hi Petar thanks for your reply, sorry I was confused I was looking at your charts and seeing the abcd corrective phase and thought this was EW theory but I think it is abcd corrective phase on chart. Thanks for clarification, much appreciated, I will read through the whole thread this time!
Tracking the Specialists.
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