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Technical Analysis
FTA System - Feel Easy Making profit
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[QUOTE="forex-TL, post: 100545, member: 37458"] [B]Hello, all..[/B] I try to share a little one technique that I learned and used in forex trading. Very simple and easy to get profit in forex trading ... Im sorry guys, i just can speak english. If you can't understand what I write, try using google translate and take easy [IMG]http://www.forexfox.nl/forum/images/smilies/biggrin.png[/IMG] I created this technique is based on observations in the chart from forex trading. I read a lot ebook forex trading technique began from free until paid. And I conclude from it all into a trading style that is suitable for my use This technique is only used to analyze technically at TF H1. To simplify calls and remember this technique, I give the name of the FTA (Forexbie Technical Analysis). Forexbie is an acronym Forex Newbie that means forex for beginners. Actually this is a very common technique we know and is already widely used by traders. But here I modify a little. Trading base SNR, TL and Breakout. OK more details I'll explain more in here .. [IMG]http://www.forexfox.nl/forum/images/smilies/cool.png[/IMG] The way that I use is quite simple and very easy. Everyone will be able to use it. Okay without wasting any more time. I will explain how to use this technique immediately.. Previously there are some things you should know first in using this technique .. Among them are the following: [B]SNR[/B] ==> Support and Resistant [B]TL[/B] ==> Trendline [B]Breakout[/B] ==> Breakout is a condition in which the price has been cut line SNR and TL [B]Retrace / Retracement / Reject[/B] ==> Retrace is a condition where the price close to the line that has been in previous breakout [B]Failed breakout[/B] ==> Failed breakout is a condition where price fails to breakout on the line SNR or TL [B]Invalid breakout[/B] ==> The condition where price fails to retrace when the breakout line SNR or TL. Or the price went back into SNR or TL as before Next .. We got in on the discussion of the main .. Okay, later i continue again.. I wanna sleep now ^_^ [/QUOTE]
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