EUR/USD : Support level at the price of 1.1870 is on the test, selling looks risky Read more about analysis and feel free to comment > ...

The ART of trading by Petar_Serbia

Hello everyone and Happy New Year (i wish you all the best in new 2015) I am back and ready for trading. I will post very soon update for EUR/USD. Also last year i finished +60 % with 0.4 % risk per setup (posted update on first post)

The ART of trading by Petar_Serbia

Hello spread, I am very fine, thank you.. Merry Christmas About EUR/USD. EUR/USD is on cricital support around the price of 1.2200-1.2050. Due to holidays we wont see so much activity but i am expecting EUR recovery next year so be careful with ...

The ART of trading by Petar_Serbia

EUR/USD Video analysis update : video Best Regards, Petar

The ART of trading by Petar_Serbia

Hello everyone, I just wanted to post some quick update on EUR/USD. Be careful when buying EUR/USD since we got successful rejection from support level at the price of 1.2360. We got strong selling pressure (Friday bar) but on the 1H time frame we ...

The ART of trading by Petar_Serbia

Hello there, Yes GBP/USD testing major support around the price of 1.5720 but its still risky for buying since we must observe volume reaction around that level. So we will watch for good reaction and strong price action to confirm possible bullish ...

The ART of trading by Petar_Serbia

EUR/JPY Update - Our second target at the price of 143.40 has been met (+700 pips since our original bullish trading idea) For more infrmation about this article visit my website www.volumereaction.com video Best Regards, Petar

The ART of trading by Petar_Serbia

Hello VRoot, What confuse you on EUR/USD ? EUR/USD looks very risky for mid term buying since if the price breaks the levle of 1.2500 in a high volue and strong price action, we may even see testing the level of 1.2220-1.2050. Of course, if we see ...

The ART of trading by Petar_Serbia

Hello Jhon, Yes, you spoted good absorption volume in the background but selling near the swing high looks very risky. We didint saw any larger reaction from sellers and also we got absorption volume in the background. Best Regards, Petar

The ART of trading by Petar_Serbia

Hello John, High churn bars are not so important in analysis, they are just one more sign from the technical aspect. I draw abcd corrective phases manualy. Since there are set of rules which need to confirm that one abcd is correct one. Also, for ...

The ART of trading by Petar_Serbia

EUR/JPY Analysis : Bullish phase in progress, selling look riksy video Best Regards, Petar

The ART of trading by Petar_Serbia

Hello Arkhro and welcome to thread, You spoted good major Fibonacci expansion and rejection from Fibonacci expansion 100%. EUR/JPY got good potential for bullish phase at least for bullish corrective phase and also there is a chance for reverse on ...

The ART of trading by Petar_Serbia

Hello John and welcome to the thread.For the very first start you got some good points on the charts. The thing i teach my students is to keep chart clean and as less confusion as it possible. For example, on your first chart you always write profit ...

The ART of trading by Petar_Serbia

Hello there, I dont like trend channels when you cant gather proper swings. Anyway, good practice. Best regards, Petar

The ART of trading by Petar_Serbia

Hello there, Yea, we are in bullish corrective phase and we also got buying climax and average price action, which is sign that buying EUR/USD looks risky according to the Daily timeframe. Best Regards, Petar

The ART of trading by Petar_Serbia

Hello there, That is good chart if you observe just recent upward leg. But on mid long term prospective EUR/AUD is in bearsh trend, so we may even see testing thee swing low around the price of 1.7530. Best Regards, Petar

The ART of trading by Petar_Serbia

GBP/USD: The expected decline of the British pound against the dollar (Amazing progress since our original bearish trading idea) Read more about analysis and feel free to comment > url Best Regards, Petar

The ART of trading by Petar_Serbia

Hello there, Its very risky for buying since we didint saw any larger reaction from buyers.We can observe very weak bullish corrective phase. We also got Fibonacci retracement 61.8% around the price of 0.8755. So, be careful with buying. Best ...

The ART of trading by Petar_Serbia

You are welcome Vroot Best Regards, Petar

The ART of trading by Petar_Serbia

Hello there and welcome to the thread. The level of 137.90 (Fibonacci retracement 61.8%) will be critical for eur/jpy. If the price breaks the level of 137.90 in an high volume and healthy price action, we may see potential re-testing of 135.80. ...

The ART of trading by Petar_Serbia