The ART of trading by Petar_Serbia | Page 89 | 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

  • #1,761
  • Oct 26, 2015 2:13am Oct 26, 2015 2:13am
Hello everyone,
I am still holding long on AUD/USD (shor term trade) and i started to sell EUR/USD on intraday around the price of 1.1028. The trend is downward and i found broken upward channel (potential bearish flag). i am expecting at least 60 pips drop or even more. Sl is around 20 pips going for at least 60 pips

Best Regards,
Petar
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png26.png Size: 107 KB
"Buy on fear, sell on greed !!!
  • #1,762
  • Oct 26, 2015 7:26am Oct 26, 2015 7:26am
Quoting Petar_Serbia
Hello everyone, I am still holding long on AUD/USD (shor term trade) and i started to sell EUR/USD on intraday around the price of 1.1028. The trend is downward and i found broken upward channel (potential bearish flag). i am expecting at least 60 pips drop or even more. Sl is around 20 pips going for at least 60 pips Best Regards, Petar {image}
SL on breakeven on EUR/USD. Have my main position AUD/USD buying since last week

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,763
  • Oct 28, 2015 3:36am Oct 28, 2015 3:36am
Quoting Petar_Serbia
{quote} SL on breakeven on EUR/USD. Have my main position AUD/USD buying since last week Best Regards, Petar
AUD/USD SL met.

Anyway, today i shorted GBP/USD since i see that key high volume area held and we got weakness so i shorted with SL around 25 pips and i going for at least 125 pips

Best Regards,
Petar
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png28.png Size: 111 KB
"Buy on fear, sell on greed !!!
  • #1,764
  • Oct 28, 2015 5:17am Oct 28, 2015 5:17am
Video for GBP/USD intraday analysis >

Inserted Video


Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,765
  • Oct 29, 2015 2:27am Oct 29, 2015 2:27am
Quoting Petar_Serbia
Video for GBP/USD intraday analysis > https://youtu.be/e5aWFAkry50 Best Regards, Petar
Closed in small lose but price after news went good downward. Anyway, today is new day and i started to sell AUD/USD around the price of 0.7103. I added to my template Ichimoku technique to filter bad entries and to improve success in my trading. Reasons for entry on AUD/USD :

1 : Multitimeframe downward trend
2. Potential Wyckoff re-distribution phase (broken trading range)
3. Very high volume supply after yesterday news confirmed wiling of smart money to continue with selling
4. Tenken sen crosed Kijun sen and price is trading below cloud

Risk in this setup is about 25 pips and i am going for around 150 pips

Best Regards,
Petar
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM30.png29.png Size: 94 KB
"Buy on fear, sell on greed !!!
  • #1,766
  • Oct 29, 2015 6:21am Oct 29, 2015 6:21am
Quoting Petar_Serbia
{quote} Closed in small lose but price after news went good downward. Anyway, today is new day and i started to sell AUD/USD around the price of 0.7103. I added to my template Ichimoku technique to filter bad entries and to improve success in my trading. Reasons for entry on AUD/USD : 1 : Multitimeframe downward trend 2. Potential Wyckoff re-distribution phase (broken trading range) 3. Very high volume supply after yesterday news confirmed wiling of smart money to continue with selling 4. Tenken sen crosed Kijun sen and price is trading below cloud...
Hello everyone,
AUD/USD made good progress so far 30 pips + I did put SL on breakeven. Awaiting my 150 pips. We will see.

Best Regards,
Petar
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM30.png29secured.png Size: 113 KB
"Buy on fear, sell on greed !!!
  • #1,767
  • Oct 29, 2015 7:47am Oct 29, 2015 7:47am
Quoting Petar_Serbia
{quote} Hello everyone, AUD/USD made good progress so far 30 pips + I did put SL on breakeven. Awaiting my 150 pips. We will see. Best Regards, Petar {image}
Added same position on same price
"Buy on fear, sell on greed !!!
  • #1,768
  • Nov 2, 2015 5:53am Nov 2, 2015 5:53am
Hello everyone,
I took strong position 5% risk GBP/AUD (going for 20% return) >

This is my video analysis, feel free to comment if you like analysis >

Inserted Video


Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,769
  • Nov 3, 2015 1:00am Nov 3, 2015 1:00am
Quoting Petar_Serbia
Hello everyone, I took strong position 5% risk GBP/AUD (going for 20% return) > This is my video analysis, feel free to comment if you like analysis > https://youtu.be/GqUnNmYtpU4 Best Regards, Petar
Lost 5 % on GBPAUD. News reaaction was very bad.
Anyway, i got Sell on EUR/USD intraday setup (2% risk). I sold around the price of 1.1004 and my SL is around 35 pips/ Going for around 150 pips. TP zone is around the price of 1.0865.

Reasons for selling >

Price is below Ichimoku cloud on H4, Daily and M30 M15.According to the H4 Momentum in the cloud (Kumo) is strong and its starting go re-gain power for further downside.
Key 2 swing lows on H4 became strong resistance and we saw rejection from that area 1.1090.

Wish you good trading and nice day
Petar
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH4.png03.png Size: 149 KB
Click to Enlarge Name: EURUSDM30.png03.png Size: 115 KB
"Buy on fear, sell on greed !!!
  • #1,770
  • Nov 3, 2015 1:20am Nov 3, 2015 1:20am
USD/CAD Bullish clean setup

SL around 30 pips and i am going for around 150 pips

Best regards,
Petar
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png03.png Size: 187 KB
"Buy on fear, sell on greed !!!
  • #1,771
  • Nov 3, 2015 6:02am Nov 3, 2015 6:02am
Quoting Petar_Serbia
{quote} Lost 5 % on GBPAUD. News reaaction was very bad. Anyway, i got Sell on EUR/USD intraday setup (2% risk). I sold around the price of 1.1004 and my SL is around 35 pips/ Going for around 150 pips. TP zone is around the price of 1.0865. Reasons for selling > Price is below Ichimoku cloud on H4, Daily and M30 M15.According to the H4 Momentum in the cloud (Kumo) is strong and its starting go re-gain power for further downside. Key 2 swing lows on H4 became strong resistance and we saw rejection from that area 1.1090. Wish you good trading and...
I secured both transactions on BE Current plus EUR/USD (+40 pips) and USDCAD (+35 pips)

I hope i can get my final targets

Best Regards,
Petar
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH4.png03.png Size: 136 KB
Click to Enlarge Name: USDCADM30.png03.png Size: 170 KB
"Buy on fear, sell on greed !!!
  • #1,772
  • Nov 3, 2015 6:25am Nov 3, 2015 6:25am
true or not my analysis Petar system Wyckoff?
Attached Image (click to enlarge)
Click to Enlarge Name: 4.JPG Size: 115 KB
  • #1,773
  • Nov 4, 2015 12:36am Nov 4, 2015 12:36am
Quoting VRoot
true or not my analysis Petar system Wyckoff? {image}
Hello there,
Hmm, your SOS is acctualy not sign of strenght and you must mark big selling climax in the background. Also, Wyckoff bases are very strong on daily, weekly bias, bases of few weeks or more. On intraday you can find many false bases and basiicly higher frames are safer and much stable.

Anyway, keep posting your potential trading ideaas and i will check and advice you what you need to correct.

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,774
  • Nov 4, 2015 12:39am Nov 4, 2015 12:39am
Quoting Petar_Serbia
{quote} I secured both transactions on BE Current plus EUR/USD (+40 pips) and USDCAD (+35 pips) I hope i can get my final targets Best Regards, Petar {image} {image}
Hello everyone,
USD-CAD closed on breakeven but EUR/USD is doing very good. Current plus is (+75 pips). My target area is the level of 1.0865 and if i got that TP i will take 1:5 risk reward ratio or about 10 % earn

Best Regards,
Petar
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png04.png Size: 156 KB
"Buy on fear, sell on greed !!!
  • #1,775
  • Nov 4, 2015 1:24am Nov 4, 2015 1:24am
whether the key differences in the re-accumulation and distribution, I am confused in phase B
  • #1,776
  • Nov 4, 2015 1:53am Nov 4, 2015 1:53am
Quoting VRoot
whether the key differences in the re-accumulation and distribution, I am confused in phase B
The key point in any market are trends and volume + patterns. You can use different tools to identifiy these ones. Wyckoff used bases and volume to confirm his trades but he was mainly long term trader on stock market. Volume on Forex is not same like on stock so i use volume just addititional aspect in my analysis but the key principles are identenfy trend + patterns on the Forex, on stock is Volume key part.

Anyway, i got another intraday opportunity > Sell opportunity on EUR/JPY around the price of 132.45 Sl around 35 pips and going for around 150 pips

About setup >
Strong downward trend, price below Ichi cloud on Daily also strong momentum on H4 and rejection from previous swing lows.

Best Regards,
Petar
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png04.png Size: 175 KB
"Buy on fear, sell on greed !!!
  • #1,777
  • Nov 4, 2015 7:26am Nov 4, 2015 7:26am
Quoting Petar_Serbia
{quote} Lost 5 % on GBPAUD. News reaaction was very bad. Anyway, i got Sell on EUR/USD intraday setup (2% risk). I sold around the price of 1.1004 and my SL is around 35 pips/ Going for around 150 pips. TP zone is around the price of 1.0865. Reasons for selling > Price is below Ichimoku cloud on H4, Daily and M30 M15.According to the H4 Momentum in the cloud (Kumo) is strong and its starting go re-gain power for further downside. Key 2 swing lows on H4 became strong resistance and we saw rejection from that area 1.1090. Wish you good trading and...
Very good progress and final target at the price of 1.0865 has been met. (Total earning +140 pips risking was around 35 ). I took +8% on this one
Hope you also took good earning with me ...
Also EUR/JPY started very good and i did put SL on breakeven (current plus is +50 pips). My target level is around the price of 130.50.Will try to take about 200 pips on this one

Wish you good trading and have a nice day
Petar
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM30.pngprofit.png Size: 146 KB
Click to Enlarge Name: EURJPYM30.png04.png Size: 163 KB
"Buy on fear, sell on greed !!!
  • #1,778
  • Nov 5, 2015 2:19am Nov 5, 2015 2:19am
Hello eveyrone,
Re-entered EUR/JPY sell at the price of 132.40. SL around 35 pips and i am going for potential 180-200 pips
Still strong downward trend on multi frames and also big weakness on H1 time frame. We got strong upward bar of around 50 pips and the very next bar finished on the same price (big sign for weakness).


Best regards,
Petar
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYH4.png05.png Size: 183 KB
Click to Enlarge Name: EURJPYH1.png05.png Size: 88 KB
"Buy on fear, sell on greed !!!
  • #1,779
  • Nov 5, 2015 5:33am Nov 5, 2015 5:33am
Hello everyone,
I entered EUR/NZD sell at the price of 1.6450. SL around 60 pips , going for around 200 pips. EUR/JPY still holding :0

Will post chart on EUR/NZD later, now i need to go.

Best Regards,
Petar
"Buy on fear, sell on greed !!!
  • #1,780
  • Nov 5, 2015 8:57am Nov 5, 2015 8:57am
Quoting Petar_Serbia
Hello everyone, I entered EUR/NZD sell at the price of 1.6450. SL around 60 pips , going for around 200 pips. EUR/JPY still holding :0 Will post chart on EUR/NZD later, now i need to go. Best Regards, Petar
As i promised
Video explanation of EUR/NZD setup >

Inserted Video


Best Regards,
Pedtar
"Buy on fear, sell on greed !!!
1 trader viewing now