Recent content by Petar Jacimovic

Hello traders, Since I finished trading for this week I just watched news and reactions today and wanted to share 2 charts with you. After I managed to take 200 pips on GBP/USD yesterday, this currency pair found balance area (point of control) at 1.3190. I don't expect this week much from...

Closed GBP/USD +200 pips and USD/JPY at 103.30 +155 pips :) I am done for this week.

On the Stock I watch fundamentals and trade classic pattern observing volume on the breakout. Nothing more there. If i see accumulation and the price breakout in a strong volume, I go in.

Hello traders, I am posting updates on GBP/USD and USD/JPY. I still holding GBP/USD short position from 1.3368 because at the end of yesterday I was in plus only 30 pips and since I secured position few days ago I held on the today's news . CPI y/y came out 0.6% vs 0.7% , which is the reason...

Hello traders, I I am posting you update on USD/JPY and GBP/USD. I am still holding USD/JPY buying position from 102.72. The price managed to re-test this level but there is strong point of control according to market profile at the price of 102.65. Since I read the background sentiment and...

Hello there, Read again, you will find this sentence > So, technical analysis in professional trading is used to benefit from our fundamental view we created. So, yes we using technical analysis to benefit from our fundamental view and sentiment view. Key point is that we don't base trade...

As like professional trader and trader who traded with large institutional traders for many years I can share some tips for you. Most of retail traders focus on technical analysis (searching for successful strategy, "holy grail" ) but most of them don't realize that fundamentals drives the...

Also, update on my positions > Very good progress on USD/JPY and GBP/USD > Hope that you also joined :)

USD/JPY order filled. The price broke key pivot point at 101.66 and I started to buy. Since we got strength in the background, this should be a very good opportunity. The stop loss should be at 101.18 and TP opened. Since there is no big news for USD this week, we may see stronger USD till end...

Pound already started distribution and weakness continued with boost of bad numbers Manufacturing Production m/m-0.9% vs -0.4%.

London session also showed big respect for key trigger line at 1.1255. More weakness building here, i think once the price break 1.1224, we may see larger supply and potential testing of 1.1173-1.1160.

interesting action on EUR/USD and weakness in my opinion. Key pivotal point at 1.1255 and few successful tests from that number. Watch for selling opportunities. Downward levels to watch set at 1.1223 and 1.1175.

What's the point of your post ? :) Petar

Today very good bases on the market. After the very good AUD/USD accumulation I found the potential distribution on USD/JPY. In this distribution 2 sessions are involved London and Asia which gives this distribution good potential. Projection of the whole base including yesterday price action is...

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...