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Petar_Serbia replied Aug 17, 2010Again look chart,i know when i posted thread many of you wont undestand becouse for this you must trade 1,2,3,4 weeks to undestand well.You must practice and than everyting will be clear.This is for guys wich have patinace to learn and to ...
NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010? bliibss as you want,on last picture i just show you that is for me every body with weak PIN...That is just example of pins i posted setups on first page also on this page you can see many setups... CHeers and thanks Petar
NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010Be careful for longs now...WE finished good buy run according my candle formation now i think that will enough,now we can see posible retrace and posible back down according Daily formation... Cheers Petar
EUR/JPY Anytime!
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Petar_Serbia replied Aug 17, 2010What is also good > Look eurjpy we got Buy formation on H4 and on Daily we got Sell...Of course you can took both trades or you cant wait corection to finish on H4 than to add position according daly,this is exmaple > On H4 EURJPY gave almost 80 ...
NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010As i said alsmot every bar can be leding candle becouse most od candles has pins,just full body candle isnt pin bar candle...We need full combination for formation and i dont know where is confuse
I must say aslo English isnt my main lang i speak ...NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010Hmm, I think they undestud....A said for this formation we need bearish PIN (you can see my first post on examples) for sell and for Buy we nead Bulish pin...Pin is for me every candle finished with weaknes...Most of trades begin from Hammer Pin bar ...
NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010Sound like a plan
Look we must wait third candle always becocue that is part of formation,if you dont wait third candle like confirmation you will have more false trades.I must say also for larger frames like daily you can trade on third candle ...NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010For me every candle weaknes is some kind of Pin...As i said for sell setup we want Bearish pin for valid setup,for buy oposite of course...Also for me there is no good or bad pin pin is pin and that is sign of candle weaknes...
CheersNEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010Inst important wich size is pin for formation,i dont see pin on your picture if you have pin its ok and that is correct setup... As i said when you learn this formation there will be many trades and setups every day...We will post setups together ...
NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010Exatcly, bilbss answered correct... Thanks bilbss Also i must say this isnt any holy grail or something like that this is new candle formations and you can use alone or with some strategy you prefer,final goal is simple ,we wont more positive trades ...
NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010OMG guys how you cant undestand
i explained very slow and also i posted many chart for example... bilbss most of your setups are correct just 3,4 arent good...Reason is we need for leading candle pin as i said in your 2 exmaples we dont have any ...NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010This is interesting down and than UP in six candles in a row usually when we see this this can go much higher
Look picture Cable h1 Cheers PetarNEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010I think we will see Math 4/4 wich is TP from 7/8 we will see,i have sell from 110.00 also now we have my pattern on Daily > Look chart >
EUR/JPY Anytime!
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Petar_Serbia replied Aug 17, 2010This will be interesting,i will watch USDCAD Daily
WE will see,we need lower this current candle > Cheers PetarNEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010Oh steriodman my friend,
Welcome to thread and enjoy hope we will together make pips
Very Important for New traders > % of overall volume, May 2010 Rank Name Market Share 1 Deutsche Bank 18.06% 2 UBS AG 11.30% 3 Barclays Capital 11.08% 4 Citi ...NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010Also another mis trade,i cant work alone
guys post charts ,you can trade many pairs all timeframes...
This one i mis > EURJPY H4 I have sell from 110.00 that is according daily i will post later..
Cheers PetarNEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010Hi whatfx, THis is candles formation and as i said this can help you with your strategy you work or you can work this formation alone with your MM and your apetit of risk. Formation isnt hard to learn i posted many charts i will post one more for ...
NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010All you need is Higher Pin for sell or Lower Pin for buy setup...Leading candle can be with both pins on high and lows also....
NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010Yea you will see > All rules met > This is chart > Cheers Petar
NEW Candles Formation Trading -Petar Formation
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Petar_Serbia replied Aug 17, 2010Thanks aserbfx,i see good charts on first page try to reload browser or restart comp
PetarNEW Candles Formation Trading -Petar Formation