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The ART of trading by Petar_Serbia

  • #2,241
  • Jul 20, 2016 7:55am Jul 20, 2016 7:55am
I bought USD/CAD today at the price of 1.3060. Strong upward trend and successful testing of supply. I always trade in sync with trend.
The risk is 20 Pips and I am going for 60 pips.

TP set at 1.3125
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM30.pngbuying.png Size: 112 KB
"Buy on fear, sell on greed !!!
  • #2,242
  • Jul 20, 2016 8:52am Jul 20, 2016 8:52am
Video update :

Inserted Video
"Buy on fear, sell on greed !!!
  • #2,243
  • Jul 20, 2016 9:50am Jul 20, 2016 9:50am
Quoting Petar_Serbia
{quote} Yes, I can post some basics but the advanced course is part of my mentorship program. ...
Petar, I asked for curiosity only for your interpretation...years ago I learned from Peter Steidlemayer book, was good thread in ff as well, used MP standard deviations lines, not profile itself...I have no intention to use it in my trading but you might get interest in it from others...
  • #2,244
  • Jul 21, 2016 12:11am Jul 21, 2016 12:11am
my weekly chart for NZDUSD
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDWeekly.png Size: 28 KB
  • #2,245
  • Jul 21, 2016 5:42am Jul 21, 2016 5:42am
Quoting ruma29
{quote} Petar, I asked for curiosity only for your interpretation...years ago I learned from Peter Steidlemayer book, was a good thread in ff as well, used MP standard deviations lines, not profile itself...I have no intention to use it in my trading but you might get interested in it from others...
Ah ok. Yea, I will explain about the market profile and my style very soon also on my webinars which I will hold for InstaForex and everyone can join for free and watch. Will let you know when I start that project.

Today I found a very solid setup at GBP/USD. The strong supply in a high volume entered the market and I saw decreasing volume on the upward leg. and I used Ichimoku in this example. The price crossed the cloud, Tenkan sen crossed Kijun sen and Chikou sen is below the cloud. I don't even need to mention that short-mid term trend is bearish.

Target set at 1.3075 (140 pips)
RISK is 35 pips.

I will hold position max 4 hours ...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM10.pngentry.png Size: 139 KB
"Buy on fear, sell on greed !!!
  • #2,246
  • Jul 21, 2016 6:15pm Jul 21, 2016 6:15pm
Quoting Petar_Serbia
{quote} Ah ok. Yea, I will explain about the market profile and my style very soon also on my webinars which I will hold for InstaForex and everyone can join for free and watch. Will let you know when I start that project. Today I found a very solid setup at GBP/USD. The strong supply in a high volume entered the market and I saw decreasing volume on the upward leg. and I used Ichimoku in this example. The price crossed the cloud, Tenkan sen crossed Kijun sen and Chikou sen is below the cloud. I don't even need to mention that short-mid term trend...
Exited GBP/USD on breakeven ...
"Buy on fear, sell on greed !!!
  • #2,247
  • Jul 21, 2016 7:34pm Jul 21, 2016 7:34pm
Bullish on EUR/NZD and bearish on NZD/JPY. I did PRE intraday trading using market profile analysis to see the anatomy of price action. I found a strong sign of strength on EUR/NZD yesterday and rejection from the point of control. Notice the single prints R. The price managed to go and absorb most of the single prints but didn't have the power to absorb fully.

Bought at 1.5740 with target at 1.5835

NZD/JPY - I found strong supply and very good trend day from yesterday with single prints H. The price managed to rally to 74.35 but didn't absorb single prints H. Key thing is lower value area compared to previous 3 days. Other timeframe sellers stepped in yesterday and i expect that they continue tomorrow.

Target at 73.10 SL at 74.45

Will post video update soon >>
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZDM30.pngsetup.png Size: 123 KB
Click to Enlarge Name: NZDJPYM30.pngsetup.png Size: 92 KB
"Buy on fear, sell on greed !!!
  • #2,248
  • Jul 21, 2016 7:45pm Jul 21, 2016 7:45pm
Video update :
Inserted Video
"Buy on fear, sell on greed !!!
  • #2,249
  • Jul 22, 2016 6:38am Jul 22, 2016 6:38am
Someone really wants to sell off this pair, let's see what will happen
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM30.pngbearish.png Size: 94 KB
"Buy on fear, sell on greed !!!
  • #2,250
  • Jul 22, 2016 7:25am Jul 22, 2016 7:25am
Inserted Video
"Buy on fear, sell on greed !!!
  • #2,251
  • Jul 22, 2016 5:45pm Jul 22, 2016 5:45pm
Quoting Petar_Serbia
Someone really wants to sell off this pair, let's see what will happen {image}
Why and how did you chose this pair?
  • #2,252
  • Jul 22, 2016 7:40pm Jul 22, 2016 7:40pm
Quoting ruma29
{quote} Why and how did you chose this pair?
Hello ruma,
I scan many pairs every day and where I see the best price action I trade. Also, when I trend trade I use usually Ichimoku and volume price action for analysis.
"Buy on fear, sell on greed !!!
  • #2,253
  • Jul 22, 2016 7:45pm Jul 22, 2016 7:45pm
Quoting Petar_Serbia
Someone really wants to sell off this pair, let's see what will happen {image}
Target met on this trade
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM30.pngtargetmet.png Size: 113 KB
"Buy on fear, sell on greed !!!
  • #2,254
  • Jul 23, 2016 2:39pm Jul 23, 2016 2:39pm
Quoting Petar_Serbia
{quote} Hello ruma, I scan many pairs every day and where I see the best price action I trade. Also, when I trend trade I use usually Ichimoku and volume price action for analysis.

Thank you for your time
  • #2,255
  • Jul 24, 2016 2:25pm Jul 24, 2016 2:25pm
Hi Petar , can share template with indicator please ? İ like your videos.
  • #2,256
  • Jul 24, 2016 7:56pm Jul 24, 2016 7:56pm
Took short on EUR/USD. This is simple trend trade together with Ichimoku. I found rejection from turn line and I will try to take 1:2RRR in this setup.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.pngentry.png Size: 119 KB
"Buy on fear, sell on greed !!!
  • #2,257
  • Jul 25, 2016 6:11am Jul 25, 2016 6:11am
Quoting Petar_Serbia
Took short on EUR/USD. This is simple trend trade together with Ichimoku. I found rejection from turn line and I will try to take 1:2RRR in this setup. {image}
Took loss here but I opened new sell at 1.0985. SL at the price of 1.1020 and TP at 1.0915. This time, I saw rejection from Tenkan sen.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.pngnew.png Size: 113 KB
"Buy on fear, sell on greed !!!
  • #2,258
  • Jul 25, 2016 8:11am Jul 25, 2016 8:11am
Intraday selling EUR/NZD for 1:2 RRR

I found a weakness in the background. They are >

- Strong supply in a high volume entered the market
- Up-thrust bars
- Topping formation (round top formation)

The key element in volume analysis is to recognize background. I used M3 chart in this example because i couldn't find on standard frames. Sometimes the truth is hidden in non-standard time frames.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM3.pngm333.png Size: 76 KB
"Buy on fear, sell on greed !!!
  • #2,259
  • Jul 25, 2016 9:00am Jul 25, 2016 9:00am
Another trend trade. This time GBP/USD. Selling at 1.3115.

SL at 1.3185 and target 1.2800

Strong downward trend and rejection from standard line (Tenkan sen).
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.pngtrend.png Size: 175 KB
"Buy on fear, sell on greed !!!
  • #2,260
  • Jul 25, 2016 7:35pm Jul 25, 2016 7:35pm
Video update >

Inserted Video
"Buy on fear, sell on greed !!!
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