PRICE BREAKS THROUGH

Created By : Chanya http://www.forexfa tory. o!/ hanya

S"!p#e $ Ea%y $ &o%t prof"ta'#e and (on)S*'+e t",e Pr" e A t"on

TO : E,ery new'"e who f"nd% "t d"ff" *#t $ and "n %o!e a%e% "!po%%"'#e $ to #earn fro! BIG THREA-S and on#y hart% .

Introd* t"on H" $ &y na!e "% Chanya . I a! ./ year% O#d and I ha,e 'een trad"n0 for o,er three year% now . B*t $ hone%t#y $ !y f"r%t two year% had 'een noth"n0 '*t %wear pa"n "n !y '*tt . I on#y '#ew one a o*nt tho*0h $ 1"nd of had a 2"02a0 % enar"o $ 'e a*%e %"n e day one $ I 0a,e *t!o%t "!portan e to !oney !ana0e!ent . I !y%e#f reated /3 "nd" ator 'a%ed f#op %y%te!% wh" h wor1ed for on#y a wee1 $ and then o##ap%ed . Then $ one day $ I an not e,en re!e!'er how $ I a!e a ro%% 4a!e%/5 thread . 6e## $ I w"## %ay noth"n0 !ore a'o*t that day other then that wa% the day when I wa% f"na##y on the r"0ht path . I had 'een %o on%*!ed w"th other %t*ff 'efore then that "t wo*#d not 'e wron0 to %ay I wa% -*!' 'a 1 then . Ind" ator% were !y on#y po"nt of on entrat"on . And "t% o',"o*% '*t I w"## %t"## te## $ I ne,er had %* e%% . I a! %ay"n0 fro! exper"en e $ P#ea%e $ If yo* ha,e any $ any "nd" ator on yo*r hart $ RIP IT O77 $ Throw yo*r !on"tor% off the roof of yo*r ho*%e wh" h e,er dared to %how yo* the pre%en e of "nd" ator% and '*y a new one 8)- . H*!an eye9% and "t% onf#*en e w"th the !"nd "% the 'e%t "nd" ator one o*#d e,er ha,e $ and #* 1"#y $ "t% a#ready '*"#t "n $ %o $ now extra expend"t*re there ...:o* do not need any other '*##%h"t ... I wa% %hown a new way at 4a!e%/5 . PRICE ACTIO( . Re!e!'er $ there are two type% of !ethodo#o0"e% ta*0ht at 4/5 thread $ Trad"t"ona# 4/5 %t*ff and 4ARROO9% !ethod . Th"% P-7 f"#e "% a'o*t 4ARROO9% &ethod . The"r !o%t of the 'a%" % are %a!e $ '*t at the %a!e t"!e $ they are d"fferent . It too1 a he## #ot of ho*r% ; &onth% < to *nder%tand what wa% 'e"n0 ta*0ht there 'e a*%e of the !e%% that *nfort*nate#y

e,ery p*'#" thread 'e o!e% . On top of that $ noth"n0 "% or0an"2ed . E,eryth"n0 "% %o !"xed *p that a new o!er "% onf*%ed 'eyond "!a0"nat"on . I had no other way to *nder%tand the %t*ff other than read and 7IGURE OUT $ and I hated that . Sen"or% at 4/5 are a% he#pf*# a% any'ody an "!a0"ne "n the"r drea!% $ '*t after a o*p#e of =*e%t"on $ one h"!%e#f %tart% to fee# #"1e a %o*r P*%% >. BUT $ #* 1"#y for yo* $ I a! or0an"2"n0 the 4ARROO9% !ethod "n th"% one P-7 f"#e %o that yo* $ A new o!er $ an ea%"#y *nder%tand the "nfor!at"on that 4/5 0ro*p pro,"de% $ '*t a#way% re!e!'er $ %* e%% o!e% fro! exper"en e and there "% no %hort *t to that . I d"d not had th"% pr","#e0e $ %o I hope yo* appre "ate "t . So $ ?et% 0et %tarted .

Prefa e
The "nfor!at"on that I a! pro,"d"n0 here 'e#on0% tota##y to 4ARROO . I a! +*%t or0an"2"n0 "t . Sa!e %tory to#d 'y two d"fferent peop#e "% a#way% a '"t d"fferent %o 1eep yo*r !"nd% a '"t open .

Content
/ < ?"fe of a (ew'"e when HE / SHE f"nd% a new thread . < Ter!% to re!e!'er @ < How to %et a te!p#ate of the hart A < Ident"fy"n0 where !ar1et% re,er%ed "n pa%t B < 6hat are and How to draw HCR and ?CS 5 < 6hat "% PBTCCAorB D < Trade !ana0e!ent : Tar0et #e,e#% and how to draw the! E < In"t"a# Stop #o%% and ta1e prof"t% 3 < T"!e 7ra!e /F < One !ore po"nt // < Oh $ one !ore th"n0 /. < Exa!p#e%

Chapter / ?"fe of a (ew'"e when HE/SHE f"nd% a new thread

6hen I f"r%t a!e to 4a!e%/5 thread $ peop#e were ; and %t"## are < 0o"n0 ra2y w"th happ"ne%% that they were part of the thread . I tho*0ht G hey #et% 0",e "t a try $what9% the har! H It9% not #"1e I a! a#ready on%"%tent#y prof"ta'#e III How HAR- CA( IT BE HHH G I ha,e ne,er 'een !ore wron0 . 7"r%t I tho*0ht G Boy $ "t% 5FFF J pa0e% $ !ay'e I an read "t a## I G > I o*#dnKt . I !ean how o*#d any'ody *nder%tand what% a,a"#a'#e fro! a thread that %tart% d"re t#y . Or a! I +*%t 'e"n0 a #a2y Cow HHH I hope not III Then $ I wa% to#d that I !*%t read a f"r%t few h*ndred pa0e% . I %tarted a0a"n $ '*t 0ot #o%t after e,ery few pa0e% 'e a*%e of rando! po%t% that ta1e% away the on entrat"on% > Then $ I %tarted !"%"nterpret"n0 the !ater"a# and %tarted *%"n0 "t the wron0 way . Then $ I a#!o%t =*"t when GHOUS $ a %en"or !e!'er $ ,o#*nteered to tea h !e ,"a S1ype %e%%"on% . I #earned trad"t"ona# 4/5 %t*ff fro! h"! $ and #ater $ &o,ed on to 4arroo9% !ethod wh" h $ w"th the t"!e I had %pent at the thread I had ,ery #"tt#e Idea a'o*t and the re%t wa% #ar"f"e% 'y 4arroo h"!%e#f >

Chapter . Ter! to re!e!'er

There are +*%t three new ter!% that yo* %ho*#d re!e!'er / < PBTCCA / PBTCCB L Pr" e 'rea1% thro*0h and #o%ed a'o,e / Pr" e 'rea1% thro*0h and #o%ed 'e#ow . . < HCR L H"0he%t #o%e of re%"%tan e . @ < ?CS L ?owe%t #o%e of %*pport . At th"% %ta0e $ do not worry a'o*t what they are and how they %ho*#d 'e drawn or whate,er . At th"% %ta0e $ +*%t re!e!'er the%e ter!% and what they !ean .

Chapter @ How to %et a te!p#ate of a hart

To !a1e th"n0% ea%"er for yo* a## to *nder%tand and ,"%*a##y %t*dy $ I %*00e%t yo* %et yo*r defa*#t te!p#ate a% fo##ow"n0 . / < Open *p a '#an1 hart . < &o,e to da"#y T"!e 7ra!e @< Re!o,e the Gr"d A < Opt"ona# L Atta h a 0r"d "nd" ator and !a1e "t %how the B"0 ro*nd n*!'er% on#y . Cho%e the 'a 10ro*nd o#or a% what e,er yo* #"1e . R"0ht #" 1 on the hart $ 0o to te!p#ate% and Cho%e G Sa,e te!p#ate G and na!e the te!p#ate a% defa*#t.tp# Th"% %ho*#d do "t .

Chapter A Ident"fy"n0 where !ar1et% re,er%ed "n pa%t STEP /

Th"% "% ,ery 'a%" %t*ff . 4*%t a ,"%*a# th"n0 $ '*t I!portant .:o* ha,e to 'e a'#e to Ident"fy Sw"n0% "n the !ar1et ... Here are a o*p#e of hart% that %how% what %w"n0% are "f yo* do not a#ready 1now ... I a! !ar1"n0 the !a+or and o',"o*% %w"n0% 'e a*%e tho%e are !ore re#"a'#e and we %ho*#d *%e on#y tho%e "n the 'e0"nn"n0 ... E,en after that 'e a*%e opport*n"t"e% aren9t rare w"th th"% %t*ff ... Sw"n0 "% ,ery 'a%" th"n0 ... (oth"n0 o!p#ex . It% where pr" e t*rned... S"!p#e ...

Chapter B 6hat are and How to draw HCR and ?CS Step .
(ext %tep $ O'%er,e $ 6hy %w"n0% are reated HHH It9% 'e a*%e of %*pport and re%"%tan e ... Pr" e rea he% re%"%tan e $ 'o*n e% of $ and re,er%e% th*% reat"n0 a %w"n0 ... Pr" e rea he% %*pport $ 'o*n e% off $ and re,er%e% th*% reat"n0 a %w"n0 ... (ow what are the%e %*pport and re%"%tan e% HHH 6hat are HCR and ?CS HHH The%e are the area% fro! where $ for %o!e rea%on $ the pr" e annot #o%e a ro%% fro! .... ?oo1 at the hart% Be#ow > The%e hart% are the !od"f" at"on of the f"r%t hart %hown "n hapter A . See that a0a"n $ and then o!e %ee the%e .

After %t*dy"n0 the *pper hart and *nder%tand"n0 "t n" e#y $ %ee the hart 'e#ow .

(ot" e $ on 'oth of the a'o,e hart% $ tho%e red #"ne% that repre%ent the HCR9% and ?CS9% $ tho%e #"ne% are drawn at EMACT?: the #o%"n0 pr" e% .. THIS IS NER: CRUCIA? POI(T . A% I ha,e %a"d $ HCR9% and ?CS9% are the area9% fro! where pr" e annot #o%e a ro%% fro! $ fro! wh" h $ "t9% ea%y to 0ather that HCR9% and ?CS9% are "n)fa t ex"%t at the h"0he%t and #owe%t #o%"n0 pr" e% . (ow $ I ha,e +*%t %hown the HCR9% and ?CS9% a% %!a## red #"ne% for the ea%e of *nder%tand"n0 . 6e "n fa t $ *%e the hor"2onta# #"ne too# to draw the HCR9% and ?CS9% .

(ow $ we 1now pr" e "% *rrent#y 'e#ow th"% #e,e# . 6hen pr" e o!e% to "t and #o%e% on the other %"de of "t $ then o*r entry opport*n"ty ar"%e% . How H ?et% %ee .

Chapter 5 6hat "% PBTCCAorB Step @

The%e %tran0e #oo1"n0 #etter% are noth"n0 '*t a %hort for! of the phra%e GPr" e 'rea1% thro*0h and CA or Pr" e 'rea1% thro*0h and #o%e 'e#ow G O'%er,e the hart% 'e#ow to %ee when the%e phra%e% are *%ed >

See H (ot %o d"ff" *#t "% "t H (ow o!e% the part we ha,e a## 'een wa"t"n0 for . E(TR: . How to enter . 6e## $ "n th"% %"t*at"on $ when PBTCCA $ 6E 6OU?- HANE PUT A PE(-I(G BU: OR-ER AT OUR HCR EMACT?: . Th"% "% how we enter . 6anna %ee how that wo*#d ha,e wor1ed o*t HHH

BOO& . ?oo1 at th"% another exa!p#e

Chapter D Trade !ana0e!ent : Tar0et #e,e#% and how to draw the! Step A
Th"% "% a% "!portant a% any other th"n0 . I for one 0",e "t !ore "!portan e then a## the re%t of the %t*ff 'e a*%e I th"n1 th"% "% what de "de% e"ther a trade wo*#d 'e a #o%er or a w"nner . :o* !"0ht ha,e heard $ "f two trader% ta1e the %a!e trade $ the"r re%*#t% w"## !o%t pro'a'#y 'e d"fferent no !atter how exper"en ed they 'oth are . 6e## $ th"% "% the or"0"n of that d"fferen e . 6hat we do here at 4/5 "n re0ard% to 4arroo !ethod "% that after ta1"n0 the trade $ or e,en 'efore ta1"n0 a trade $ we #oo1 for the #e,e# ; area9% of %*pport and re%"%tan e < that !"0ht %top or re,er%e o*r trade on *% . 6e !ar1 the! "!!ed"ate#y . NER: I&PORTA(T (OTE : Re!e!'er $ the ,ery f"r%t #e,e# that w"## o!e "n o*r way after ta1"n0 a trade "% the !o%t "!portant 'e a*%e that "% where we red* e o*r r"%1 e"ther 'y ta1"n0 part"a# prof"t% or !o,"n0 to BE at the ,ery to* h of that #e,e# 'y the pr" e . I a#way% !o,e to BE at f"r%t #e,e# . Then $ a% now we are pro'a'#y r"%1 free $ we %"t and wat h and wa"t . 6hat are we wa"t"n0 for H 6e are wa"t"n0 for any and#e to C?OSE a ro%% fro! o*r f"r%t #e,e# . 6hen any and#e #o%e% a ro%% fro! o*r f"r%t #e,e# $ we !o,e o*r %top% 'eh"nd that #e,e# . 6h" h !ean% we ha,e #o 1ed "n %o!e of o*r prof"t% . 6e do th"% e,ery t"!e the pr" e ro%%e% any #e,e# $ .nd @rd Ath $ what e,er and #o%e% a ro%% fro! "t $ we !o,e o*r %top% 'eh"nd "t . That way $ we are #o 1"n0 o*r prof"t% a% the trade pro0re%%e% . 6e ont"n*e to do th"% *nt"# we are ta1en o*t 'y the pr" e re,er%a# .

?et !e 0o 'a 1 to the AU-/CA- da"#y hart that we were pre,"o*%#y d"% *%%"n0 . Pay ,ery C#o%e attent"on $ th"% "% "!portant .

?e,e#% are of two type% / < Top% and 'otto!% of w" 1 of the !o%t re ent and#e% . . < O',"o*% PPO9% . < Nery '"0 ro*nd n*!'er% #"1e /.FFFF or /.BFFF et @ < HCR9% and ?CS9% that !"0ht o!e "n the way &ar1 the! %tep 'y %tep . (ow $ what are top% and 'otto!% of w" 1 of the !o%t re ent and#e H 7or that $ 2oo! "n one !ore %tep fro! the 2oo! I a! *rrent#y %how"n0 . 7ro! the

and#e that tr"00ered entry $ %tart #oo1"n0 #eft and#e 'y and#e and !ar1 the w" 1% of the re ent and#e% . S1"p tho%e and#e% wh" h ha,e no w" 1% . See the hart% Be#ow >.

Another Exa!p#e of #e,e#%

Chapter E In"t"a# Stop #o%% and ta1e prof"t% Step B

There are no ta1e prof"t% here . &ana0e the trade a% I ha,e exp#a"ned and ont"n*e *nt"# the trade had 'een ta1en o*t 'y the !ar1et . S"!p#e . A% for %top% #o%% $ "t% %"!p#e . Keep %top% t"0ht . If %top% are 1ept #ar0e $ "t wo*#d de%troy the who#e on ept of th"% type of trad"n0 $ wh" h "% that we are re#y"n0 on the #e,e# ; 6hether "t 'e HCR or an ?CS < to ho#d . So $ 1eep %top% 'eh"nd a p#a e that "% near to a #e,e# that we are enter"n0 and w"## a#%o pro,"de added onf#*en e to prote t o*r %top% "n a%e pr" e de "de% to 'e a #"tt#e na*0hty . Th"% area an 'e the !o%t re ent PPO . See the hart% 'e#ow .

Chapter 3 T"!e 7ra!e

7or tho%e of yo* who are fa!"#"ar w"th trad"t"ona# 4/5 !ater"a# $ yo* a## are pro'a'#y *%ed to of ha,"n0 day% after day% of wa"t"n0 for the r"0ht %et*p to appear . 6e## $ the 0ood new% for *% 4arrooer9% "% $ we do not ha,e to wa"t . (ow that yo* are fa!"#"ar w"th th"% %t*ff $ yo* an pro'a'#y 1now or an f"0*re o*t how !any pa"r% per day w"## pro,"de *% w"th opport*n"t"e% . If yo* a%1 !e how !any trade% on a,era0e I ta1e on da"#y 'a%e% $ I wo*#d %ay a'o*t .) E . So!e day% $ there w"## 'e !any opport*n"t"e% $ %o!e day% there w"## 'e #e%% . There w"## rare#y 'e day% when there are no opport*n"t"e% . ?et !e te## yo* $ I a#way% trade da"#y t"!e fra!e . S*ppo%e $ on a,era0e I ta1e @F trade% per wee1 $ I an 0*arantee that /E).F w"## 'e w"nner% $ E)3 w"## 'e BE and .)@ w"## 'e !"nor #o%%e% a% we ha,e o*r %top% ,ery ,ery %!a## . That9% how 0reat th"% %t*ff "% . The po"nt "% $ I trade da"#y t"!e fra!e . Rare#y wee1#y . So $ "f da"#y pro,"de% !e w"th %o !any opport*n"t"e% $ why 0o to #ower t"!e fra!e% "n the f"r%t p#a e HHH E,en 4arroo I th"n1 ne,er trade% #ower then da"#y $ "t% h"% %t*ff . So $ what !ore +*%t"f" at"on do I need to pro,e that I a! not '#*ff"n HHH Th"% %t*ff wor1% 0reat w"th #ower t"!e fra!e% a#%o o',"o*%#y 'e a*%e the on ept re!a"n% the %a!e $ '*t we ne,er went down a% we ne,er had the need to > SI&P?E . So $ yo* a#%o do not e,er 0o down $ e%pe "a##y *nt"# yo* are tota##y handy w"th what yo* are do"n0 . Tr*%t !e . On e yo* 0et *%ed to -a"#y T"!e fra!e $ "t wo*#d 'e a% hard to 0o down t"!efra!e a% "t% hard for an a# oho#" to refra"n fro! a# oho# or ; N"ewer% -"% ret"on < %top ,"r0"n fro! !a%t*r'at"n0 :)-

Chapter /F One !ore po"nt

6h"#e 'a 1 te%t"n0 th"% %t*ff $ yo* w"## %ee %"t*at"on% #"1e the%e .

Ho#d yo*r hor%e% fe##a9% H 6H: SO SERIOUS HHH

The%e are not #o%%e% . The%e are BE9% . ?o%%e% #"1e I %a"d are rare "f yo* fo##ow the r*#e2 > 6anna %ee how they were BE HHH 7"r%t $ -raw the f"r%t #e,e# on 'oth of the! . :e##ow 2one% wo*#d ha,e 'een the f"r%t #e,e# on 'oth of the! .

?"1e I %a"d $ what do we do at f"r%t #e,e# H GET RISK 7REE . In %"t*at"on% #"1e the%e $ yo* wont 'e a'#e to %ee pr" e h"tt"n0 the f"r%t #e,e# on the da"#y t"!e fra!e a% yo* are +*%t 'a 1 te%t"n0 > Go down to #ower t"!e fra!e ; HA or e,en H/ "f yo* #"1e < and %ee the f"r%t #e,e# 'e"n0 h"t > -raw the%e %a!e f"r%t #e,e#% and %ee for yo*r %e#f >.

CHAPTER // Oh $ one !ore th"n0

Nery I!portant =*e%t"on that I a#!o%t for0ot . T"## when "% the #e,e# Na#"d HHH S"!p#e $ "t% ,a#"d t"## pr" e re%pe t% "t . It% "n,a#"dated a% pr" e %tart% to "0nore "t% Pre%en e . See 'e#ow .

Chapter /. Exa!p#e%
6e## $ that a'o*t %*!% "t a## *p . E,eryth"n0 . Be than1f*# that yo* are 0ett"n0 to #earn th"% !ethod . It% the !o%t #e0"t th"n0 e,er . En+oy . Here are a few re ent trade% that I too1 . In a## of the! $ I o*#d ha,e entered a #ot ear#"er $ e,en at the 'e0"nn"n0 "n %o!e . B*t $ I wa% '*%y w"th %o!e per%ona# %t*ff . Anyway% $ Happy Trad"n0 >...