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The ART of trading by Petar_Serbia

  • #2,221
  • Jul 13, 2016 7:35am Jul 13, 2016 7:35am
Quoting ruma29
{quote} you are good.
Thank you ruma,
Today I am bearish on GBP/USD. I found a fake breakout of yesterday high, which is clear sign that buyers lost confidence in upward price. Seems like that smart money preparing to sell today. There is also a broken upward trendline, which is another technical sign for the further downward price. My risk is around 45 pips and I am going for 200 pips profit.

TP at the price of 1.3055
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.pngentry.png Size: 102 KB
"Buy on fear, sell on greed !!!
  • #2,222
  • Jul 13, 2016 7:59am Jul 13, 2016 7:59am
Video analysis on GBP/USD >


Inserted Video
"Buy on fear, sell on greed !!!
  • #2,223
  • Edited 10:00am Jul 13, 2016 8:00am | Edited 10:00am
Quoting Petar_Serbia
...Today I am bearish on GBP/USD. ...
I am long on EURGBP: 0.8339 ...

USDJPY long:104.61 ..sl:104.43
------------
USDJPY sl taken...EURGBP still on.

EURGBP closed at 0.84...+60
  • #2,224
  • Edited 10:05am Jul 13, 2016 9:31am | Edited 10:05am
EURCAD long:1.4397, sl 1.4359, VSA.
---------
closed 1.4448+
  • #2,225
  • Jul 13, 2016 7:26pm Jul 13, 2016 7:26pm
Quoting Petar_Serbia
{quote} Thank you ruma, Today I am bearish on GBP/USD. I found a fake breakout of yesterday high, which is clear sign that buyers lost confidence in upward price. Seems like that smart money preparing to sell today. There is also a broken upward trendline, which is another technical sign for the further downward price. My risk is around 45 pips and I am going for 200 pips profit. TP at the price of 1.3055 {image}
cLOSED +120 PIPS
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.pngCLOSED.png Size: 96 KB
"Buy on fear, sell on greed !!!
  • #2,226
  • Edited Jul 14, 2016 3:02am Jul 13, 2016 8:53pm | Edited Jul 14, 2016 3:02am
short EURGBP: 0.8458
-------
closed:0.8394....+64
  • #2,227
  • Edited 6:16am Jul 14, 2016 4:01am | Edited 6:16am
long EURGBP: 08394, sl 0.8381
----
sl 0.8381 taken....I am lucky...

new opportunities are coming ...
  • #2,228
  • Edited 6:16am Jul 14, 2016 4:37am | Edited 6:16am
long NZDUSD: 0.7223, sl 0.7208

sl 0.8381 taken...I am lucky...

new opportunities are coming ...
  • #2,229
  • Jul 14, 2016 5:23am Jul 14, 2016 5:23am
Quoting ruma29
long NZDUSD: 0.7223, sl 0.7208
Be careful with your long position since the supply is in control and we got inside breakout pattern on daily as well. I am bearish from 0.7218 with SL about 25 pips and I am going for 75 pips. Target is set at 0.7150. If you do counter trend trade, it must be with strong technical signs of changing behavior , otherwise, ride with the predefined trend.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM30.pngsetup.png Size: 71 KB
"Buy on fear, sell on greed !!!
  • #2,230
  • Jul 14, 2016 6:28am Jul 14, 2016 6:28am
Massive sign of strength after the news for GBP. I am bullish from 1.3360. A Strong sign of strength + successful testing of supply and rejection from FR 61.8%. Targets set at the price of 1.3465, 1.3560 and 1.3730.

Sl around 40 pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.pngbullish.png Size: 58 KB
"Buy on fear, sell on greed !!!
  • #2,231
  • Edited 9:26am Jul 14, 2016 8:59am | Edited 9:26am
Quoting Petar_Serbia
{quote} Be careful with your long position...

SL saved me.....BOE made surprise and that changed...Market created new opportunities for trading...All good for now.

--------------
Last trade for today:

long EURGBP: 08350, sl 0.8335 tp: open
  • #2,232
  • Jul 14, 2016 9:55am Jul 14, 2016 9:55am
I am still building buying. This time, this looks like much better entry.
I am bullish from 1.3310 Risk about 60-60 pips and going for at least 150-300 pips >


Video coming soon >
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png14.png Size: 73 KB
"Buy on fear, sell on greed !!!
  • #2,233
  • Jul 14, 2016 11:55am Jul 14, 2016 11:55am
Video update >

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,234
  • Jul 15, 2016 6:20am Jul 15, 2016 6:20am
Quoting Petar_Serbia
Video update > https://www.youtube.com/watch?v=s8q3...ature=youtu.be
I secured a position on breakeven. I saw the rejection from swing high at 1.3470 as I expected but the rejection wasn't strong and am still waiting for my target at 1.3640.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png15.png Size: 83 KB
"Buy on fear, sell on greed !!!
  • #2,235
  • Jul 18, 2016 5:33am Jul 18, 2016 5:33am
Hello dear traders,
I am bearish today on GBP/USD. Since the price didn't break 1.3470, the price rejected from that point. GBP/USD got a massive sign of weakness in the background. There is a wide spread bar closed in the middle in an ultra high volume. Later on, I saw total absorption of climatic action and today I also found a sign of weakness at 1.3285. I am bearish from 1.3235 with SL around 45 pips and first TP at 1.3050. I will pay attention to 1.3130 (swing low).

Feel free to comment if you like analysis

Petar
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.pngentry.png Size: 90 KB
"Buy on fear, sell on greed !!!
  • #2,236
  • Jul 18, 2016 7:50am Jul 18, 2016 7:50am
Bullish on EUR/NZD. I found massive demand after the CPI report in New Zealand. The price went to test FR 61.8% and stopped there. I am bullish from 1.5570. The final target is set at the price of 1.5800.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM30.pngbuying.png Size: 68 KB
"Buy on fear, sell on greed !!!
  • #2,237
  • Jul 18, 2016 6:03pm Jul 18, 2016 6:03pm
Quoting Petar_Serbia
Bullish on EUR/NZD. I found massive demand after the CPI report in New Zealand. The price went to test FR 61.8% and stopped there. I am bullish from 1.5570. The final target is set at the price of 1.5800. {image}
EUR/NZD great winner so far +100 pips and second TP reached.Third TP set at the price of 1.5800.
GBP/USD closed -30 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM30.pngsecured.png Size: 92 KB
"Buy on fear, sell on greed !!!
  • #2,238
  • Jul 19, 2016 7:12am Jul 19, 2016 7:12am
I am very bearish on GBP/USD from 1.3175.I found a massive weakness in the background (buying climax and very wide spread of the bar). There is also HSS formation from the top and the price broke the neckline. My target is set at the price of 1.2850. I am risking about 50 pips in this setup, which means that I am going for 1:6 RRR. Of course, I will follow price action and close before setup if is needed.
Feel free to comment if you like analysis

Video explanation >
Inserted Video
"Buy on fear, sell on greed !!!
  • #2,239
  • Jul 19, 2016 1:15pm Jul 19, 2016 1:15pm
Quoting Petar_Serbia
I am very bearish on GBP/USD from 1.3175....
Petar, do you mind in some other video to comment on your use of market profile? since you have it on chart I assume you use it ...
Thank you.
  • #2,240
  • Jul 20, 2016 7:49am Jul 20, 2016 7:49am
Quoting ruma29
{quote} Petar, do you mind in some other video to comment on your use of market profile? since you have it on the chart I assume you use it ... Thank you.
Yes, I can post some basics but the advanced course is part of my mentorship program.
BTW> I am still holding GBP/USD with the same target. Today we saw news effect and the price went to re-test neckline-ice. Classic BOI (back up to ice).
Don't be trapped because of the news, market makers using news to trap the crowd and to add more selling positions.

Will post video soon >
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.pngBOI.png Size: 112 KB
"Buy on fear, sell on greed !!!
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