SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011

TECHNICAL ANALYSIS
14 , 48 , 64 AND 80
SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011

FIRST OF ALL, I WANT TO THANK YOU FOR YOUR INTERESTED DOWNLOADING THIS FREE EBOOK.
I PROMISE TO MAKE IT SHORT AND ILLUSTRATED WITH SAMPLE OF PICTURES TO REVIEW.
FOR A BEGINNER OR NEWBIE IN FOREX, PLEASE SEEK CONSULTATION ABOUT RISK OF TRADING.



SETUP FOR PRICELINE
DRAW A HORIZONTAL LINE AT EVERY LEVEL NUMBER THAT FINISHED WITH 14, 48, 64 AND 80.
IF A BROKER WITH 4 DIGIT PRICE , USE THE 3
RD
AND 4
TH
NUMBER FOR REFERENCE.
EXAMPLE : 1.2164 , THE 3
RD
IS 6 AND THE 4
TH
IS 4 . THAT MEANS THE NUMBER IS 64.
IF A BROKER WITH 5 DIGIT PRICE (ECN), USE THE 3
RD
AND 4
TH
NUMBER ALSO.
EXAMPLE : 1.21482 , THE 3
RD
IS 4 AND THE 4
TH
IS 8 . THAT MEANS THE NUMBER IS 48.
ROUNDING UP THE NUMBER FOR 5 DIGIT PRICE, IE: 1.21482 IS 1.2148 MEANS 48.




THATS ALL FOR SETUP AND THE NEXT IS THE DEFINATION ABOUT THOSE LINE.

SIMPLE HAH !



SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011


DEFINATION OF PRICELINE
EVERY PICTURE BELOW IS THE DEFINATION, SO HAVE A LOOK.
LESS TALK , LETS PICTURE DO THE WORK. ITS UNIVERSAL COMMUNICATION DUDE




SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011




SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011




SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011




SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011




YEAP, THATS ALL FOR DEFINATION. DO NOT COMPLICATED ANYMORE.
NEXT IS ENTRY & EXIT RULES.

SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011


ENTRY & EXIT RULES
Entry : Only At Line 14 @ 64 (Risk:Reward = 1:1)
Exit Loss : Only At Line 14 @ 64
Exit Profit : Entry Buy @ Line 14 , Exit Line 48 = 34 pips (R:R = 1.4:1.0)
Exit Profit : Entry Sell @ Line 14 , Exit Line 80 = 34 pips (R:R = 1.4:1.0)
Exit Profit : Entry Buy @ Line 64 , Exit 1 = Line 14, Exit 2 = Line 48 = 50p + 34p
Exit Profit : Entry Sell @ Line 64 , Exit 1 = Line 14 , Exit 2 = Line 80 = 50p + 34p
Entry AtLine 48 @ 80 Not Encouraged Because R:R = 2.0 :1.0






SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011




SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011




SKYSITY TECHNICAL PRICELINE ANALYSIS Friday, September 23, 2011



THANKS DUDE.
THATS THE END. HEY WASSUP . IF THIS IS NOT A GOOD TECHNICAL ANALYSIS THEN MY APOLOGY.
SORRY IM NOT VERY GOOD AT WRITING, THATS ALL I CAN DO FOR SIMPLE EBOOK.
BY THE WAY, I TRADE WITH TRADEBANK FX BROKER @ http://www.tradebankfx.com .
VISIT MY BLOG @ http://skysity.blogspot.com
Those all pictures are illustration for education purpose only.

THIS IS FREE SIMPLE E BOOK


HAVE A NICE LOVELY DAY & HAPPY TRADING




Quotes from Warren Buffet :
Price Is What U Pay, Value Is What U Get
Quotes from Me :
Dont Argue With Markets, If Its Wrong Just Cutloss