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Old 13-03-2009, 07:46
gym_midas gym_midas is offline
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Join Date: Feb 2009
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First of all let us go through the term that I used in this system......first rule is trade with the trend.........

UPTREND .......> A series of rising peak and troughs ...( L,H,HL,HH and so on....)

DOWNTREND......> A series of descending peak and troughs ...( H,L,LH,LL and so on....)


H-high , L-low , HL-higher low , LL-lower low , HH-higher high , Lh-lower high


SUPPORT .....> Any part at which the market stopped going down and turned up


RESISTANCE .....> Any part at which the market stopped going up and turned down


ROLE REVERSAL-----> "Support or Resistance" become reverse, SBR dan RBS


SBR -----> SUPPORT BECOME RESISTANCE

RBS------> RESISTANCE BECOME SUPPORT


BREAKOUT-----> Price break the support or resistance and usually this is the point/line/zone where role revesal occured...............


TP -----> Target Profit

SL -----> Stop Loss


Below is the chart that explain all ........



NAKED TRADING-CLASSIC SUPPORT n RESISTANCE-ashforums.gif

Last edited by gym_midas; 13-03-2009 at 08:43.