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Sunday, December 9, 2012

SIMPLE SUPPORT N RESISTENCE LEARNING

Almost 1 year I were leave to trade the currency becoz to find the simple profiting in forex trading. The way to profit my trading, I was choose the simple way to share with you all. Learning the new simple trading I were try study arround 3 month, then it's can make a profit.

Whatever, I was found the 2 type of SNR and price of action:

i) SNR of candle,
ii) SNR of wave
iii) Price of action

SNR OF CANDLESTICK


The minimum of candle we call as a SUPPORT, closing of the candle we call as a RESISTENCE. The senario is we will use the previously of candle as reference for current candle to get the signal before we entries the trade. The time frame (TF) I had used is D1 mean is per day, why it is happen?
coz, you will know about the price of action to determine the trend of trading.

requirement 1;

When the current candle are close above the resistence of previous candle, we call the trend will uptrend for tomorrow.

requirement 2;

When the current candle are close below then previous candle, we call the trend will downtrend for tomorrow.

** Determine price of action can make you to predict what are can happen for tomorrow.






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