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The ART of trading by Petar_Serbia

  • #2,301
  • Aug 16, 2016 4:26am Aug 16, 2016 4:26am
Quoting Petar_Serbia
Hello everyone, I found interesting developing on AUD/NZD. This currency is behaving exactly like my projection. Anyway, I found there 5 wave structure in the background 15M time frame. After the clean 5 wave structure, there is very decent zig zag correction (ABC) and strong Fibonacci ratios near the level of 1.0620-1.0610. I am trying to catch the third wave on a smaller degree but that is also the potential third wave of a higher degree. SL is 35 pips and minimum target is set at the price of 1.0785. (RRR 1:3 minimum) https://www.youtube.com/watch?v=C320...ature=youtu.be...
Got stopped out on this one.
Anyway, I took USD/JPY sell at the price of 100.27. Strong downward trend in the background, I found potential ending of bullish corrective phase (Irregular correction ABC ) and there is a nice up-thrust in a high volume on M5. Risk is only 15 pips with spread and I will try to take 1:3 RRR.

Petar
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  • #2,302
  • Aug 16, 2016 5:13am Aug 16, 2016 5:13am
Quoting Petar_Serbia
{quote} Got stopped out on this one. Anyway, I took USD/JPY sell at the price of 100.27. Strong downward trend in the background, I found potential ending of bullish corrective phase (Irregular correction ABC ) and there is a nice up-thrust in a high volume on M5. Risk is only 15 pips with spread and I will try to take 1:3 RRR. Petar {image}
So far good progress and already secured on breakeven. Current plus is 25 pips
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"Buy on fear, sell on greed !!!
  • #2,303
  • Aug 16, 2016 7:10am Aug 16, 2016 7:10am
Quoting Petar_Serbia
{quote} So far good progress and already secured on breakeven. Current plus is 25 pips {image}
Closed +50 pips (1:3 RRR). We will have news in 20 minutes and I don't want to chase the market on the news. Its better to close in very decent RRR 1:3. This is the example of combination Volume analysis and Elliot wave analysis together with trend in the place. Perfect example.

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  • #2,304
  • Aug 17, 2016 3:25am Aug 17, 2016 3:25am
Good morning traders,
Today, the most interesting currency pair for me to trade is AUD/USD. I found the strong downward trend in the background and potential end of Irregular ABC flat formation. In terms of VSA aspect, there are few up-thrust bars which confirming weakness on the market.

SL is about 15 pips and I am going for at least 1:3 RRR.
0.7608 is final objective but will follow progress and manage positions according to the price action.
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"Buy on fear, sell on greed !!!
  • #2,305
  • Edited 4:36am Aug 17, 2016 4:15am | Edited 4:36am
Quoting Petar_Serbia
Good morning traders, Today, the most interesting currency pair for me to trade is AUD/USD. I found the strong downward trend in the background and potential end of Irregular ABC flat formation. In terms of VSA aspect, there are few up-thrust bars which confirming weakness on the market. SL is about 15 pips and I am going for at least 1:3 RRR. 0.7608 is final objective but will follow progress and manage positions according to the price action. {image}
Nice progress

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  • #2,306
  • Aug 17, 2016 6:40am Aug 17, 2016 6:40am
Quoting Petar_Serbia
{quote} Nice progress https://www.youtube.com/watch?v=lBz1...ature=youtu.be {image}

Closed +30 pips 1:2 RRR
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  • #2,307
  • Aug 18, 2016 10:18am Aug 18, 2016 10:18am
Some very nice positions are in progress on my major account.
Will start with USD/CAD and strong re-distribution and climax after the news today. Clean example of how to combine VSA, Wyckoff analysis, Elliot wave analysis and Fibonacci ratios.

Video coming soon >
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  • #2,308
  • Aug 18, 2016 10:29am Aug 18, 2016 10:29am
USD/JPY >

I secured USD/JPY on breakeven but it is still the good entry. There is potential end of major ABC corrective phase, Fibonacci expansion 100%, climax after the news, which is clear signs of distribution on smaller degree. Another clean exmaple of method I am using and how to combine different techniques in one powerful.
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  • #2,309
  • Aug 18, 2016 11:08am Aug 18, 2016 11:08am
Video explanation on USD/CAD and USD/JPY setups >

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  • #2,310
  • Aug 19, 2016 5:10am Aug 19, 2016 5:10am
Hello traders,
I found interesting volume price action on GBP/USD and EUR/USD. I am bullish on both currency pairs. Lets talk about GBP/USD first.
I found stopping volume according to the 1H time frame, and after the stopping volume bar I found narrow spread of the bar in very high volume (clear sign for strength). I bought at 1.3135 with SL of 20 pips and TP at least 80 pips.
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  • #2,311
  • Aug 19, 2016 5:19am Aug 19, 2016 5:19am
EUR/USD >
Similar like on GBP/USD I found potential stopping volume on EUR/USD. On EUR/USD there is even point of control from yesterday at the price of 1.1310 and there is Fibonacci expansion 100% in the ABC correction, which means A = C. Notice the 2 bars after the stopping bar. Second bar is clear sign that strength came in on the market and the third bar is confirming that sellers dont have power for the lower price, It is churn bar or high effort with weak result bar = bullish.

I expect at least testing of swing high at 1.1360.
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  • #2,312
  • Aug 21, 2016 7:38pm Aug 21, 2016 7:38pm
Bearish on EUR/USD according to 4H time frame. I found the major sign of the weakness in the background and high volume area.The price went higher but the supply came in at Friday and I found no professional interest for higher price at the moment. I am bearish from 1.1295 with SL 30 pips and target opened.

Best Regards,
Petar
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  • #2,313
  • Aug 21, 2016 8:40pm Aug 21, 2016 8:40pm
Video analysis >

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  • #2,314
  • Aug 22, 2016 8:41am Aug 22, 2016 8:41am
Hello everyone,
I found very strong opportunity on AUD/USD. I am bullish from 0.7625.

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  • #2,315
  • Aug 24, 2016 2:42am Aug 24, 2016 2:42am
Hello traders,
I am still holding long on AUD/USD but anyway I will post my view on majors. Lets start with GBP/USD.

I found Fibonacci expansion 161.8% at the price of 1.3160. I found reversal up-thrust in a high volume and bearish but but closing near the highs. Clear strength on GBP/USD.
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  • #2,316
  • Aug 24, 2016 2:54am Aug 24, 2016 2:54am
USD/JPY - I see weakness near the level of 100.45. Target at the price of 99.95.
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  • #2,317
  • Aug 24, 2016 4:27am Aug 24, 2016 4:27am
Quoting Petar_Serbia
Hello traders, I am still holding long on AUD/USD but anyway I will post my view on majors. Lets start with GBP/USD. I found Fibonacci expansion 161.8% at the price of 1.3160. I found reversal up-thrust in a high volume and bearish but but closing near the highs. Clear strength on GBP/USD. {image}
Nice progress on both pairs

GBP/USD - I don't see any big resistance till 1.3340.
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  • #2,318
  • Aug 24, 2016 6:52am Aug 24, 2016 6:52am
Today I opened my index charts to find best intraday entry and I found GBP/USD re-enter according to multi time frame. The GBP is absolutely the strongest currency today and in the past few days and I found solid intraday buying setup at 1.3235.

SL is about 20 pips , target opened but will try to take 1:2, 1:3 RRR .


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  • #2,319
  • Aug 25, 2016 7:53am Aug 25, 2016 7:53am
Emergency Webinar - Strong holders on the move

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"Buy on fear, sell on greed !!!
  • #2,320
  • Aug 25, 2016 1:12pm Aug 25, 2016 1:12pm
Webinar was fantastic. Thank you guys. I will upload webinar probably today.

I wanted to post my main position I got on GBP/JPY. Took sell at 132.60. GBP/JPY got very powerful pivotal point at the price of 133.25 according to the daily time frame (swing low from the massive climax in the background). I found no demand bar at the key pivotal point and good reaction on lower frames. This is my major position.
Risking only 35 pips and going for 150-300 pips. Key support on GBP/JPY at the price of 129.15.



Best Regards,
Petar
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