You are on page 1of 7

8/2/2019 Trading FTBs | A Teen Trader

A Teen Trader (https://ateentrader.com)


Search

Search

-37% -41% -39%

Trading FTBs Leatherette… Step Ladders Right Hand…

-61% -40% -59%

 ateentrader(https://ateentrader.com/author/ateentrader/)
 July 17, 2019(https://ateentrader.com/2019/07/17/)  11:00 am Left Hand Si… Fabric Sofa… Right Hand…
 No Comments(https://ateentrader.com/ b/#respond)

@aTeenTrader

Read The Top 5 Questions (https://www.instagram.com/ateentr


You Should Ask ader/)

A Teen Trader is an educational Site Only. The contents


included in this website is not investment advice and are not
meant to be taken as investment advice. Risk what you can
afford to lose.

FTB

An FTB or a “First Time Back”, is when the markets move BACK to an


FTR that was previously formed. This is a manipulation play that is
(//instagram.com/p/B0oRA
created by the market makers to trap people in the wrong direction
V0AR0T/)
of trades and then price continues in the direction of the overall
FOLLOW US
(HTTPS://INSTAGRAM.COM/ATEENTRADER/)
trend. This is why we call FTBs a trend continuation pattern, while
FTR was called a momentum continuation.

FTB Rules:

Use TF 15m+
Stick with the trend
Price Must Create a Single FTR candle
https://ateentrader.com/ftb/ 1/7
8/2/2019
Price Must Pull Far away from the FTR candle Trading
beforeFTBs | A Teen Trader
coming back
(10+ pips)
-36% -39% -46%
On the Retest, the Candle MUST close INSIDE the FTR zone and
the next close OUT of the zone.
If price moves away from FTR, then consolidate before coming Left Hand Si… Rs 50,000 Left Hand Si…

back=INVALID. -48% -44% -37%

Place Stop Loss Below/Above FTR candle (including wick), be able


to adjust based on the scenario.
Fabric Sofa… 4+ Door War… Leatherette…
If on the FTR retest the candle Closes through the FTR
zone=INVALID.

Bullish Categories

Bonds
(https://ateentrader.c
om/category/bonds/)

Crypto Currencies
(https://ateentrader.c
om/category/crypto-
currencies/)

Forex
(https://ateentrader.c
om/category/forex/)

Fundamentals
(https://ateentrader.c
(https://ateentrader.com/wp-content/uploads/2017/12/bullish- b-
om/category/fundam
example.jpg)
entals/)

Above is a simple graphical example of what a bullish FTB should Live Trades
look like. The market is in an uptrend and then creates and FTR. A er (https://ateentrader.c
this FTR creation the market cleanly pulls away from the FTR zone, om/category/live-
and then cleanly pulls back to the FTR zone. Next, price closes inside trades/)
of the FTR zone (the zone can be the FTR body or FTR range, it’s up to
Stocks
you) and then the next period (candle) price closes outside. This
(https://ateentrader.c
creates a valid FTB set up. Finally, the ideal stop loss would be below
om/category/stocks/)
the FTR candle/range and ideal take profit would be at the recent
high created. Technicals
(https://ateentrader.c
AUD/USD 1h
om/category/technic
als/)
https://ateentrader.com/ftb/ 2/7
8/2/2019 Trading FTBs | A Teen Trader

Archives

July 2019
(https://ateentrader.c
om/2019/07/)

June 2019
(https://ateentrader.c
om/2019/06/)

May 2019
(https://ateentrader.c
om/2019/05/)

March 2019
(https://ateentrader.c
om/2019/03/)
(https://ateentrader.com/wp-content/uploads/2019/07/audusd-
February 2019
1.png)
(https://ateentrader.c

Above is a bullish FTB example that I personally executed last week om/2019/02/)

(check out on my IG here January 2019


(https://www.instagram.com/p/Bz0zJxcgUSp/)). In this example, we (https://ateentrader.c
can see that the market was in an uptrend and then created a single om/2019/01/)
FTR. Price then pulled away cleanly before coming back to the FTR.
December 2018
Price closed inside of the range and then the next candle just closed
(https://ateentrader.c
outside (I personally entered a er the bearish engulfing 
om/2018/12/)
(https://ateentrader.com/candle-confirmations/)because I missed
the first confirm) indicating a potential trade. Next, we must measure November 2018
the range and stop loss and see if the risk to reward is solid, which it (https://ateentrader.c
is (1:1.84 risk to reward). Next, the take profit will be the upper zone, om/2018/11/)
the most recent high, but as you can tell the market clearly broke
March 2018
through and actually traded 40+ pips past the TP zone, which is the
(https://ateentrader.c
upside to following trends.
om/2018/03/)

Bearish February 2018


(https://ateentrader.c
om/2018/02/)

January 2018

https://ateentrader.com/ftb/
(https://ateentrader.c 3/7
8/2/2019 Trading FTBs | A Teen Trader
om/2018/01/)

December 2017
(https://ateentrader.c
om/2017/12/)

June 2017
(https://ateentrader.c
om/2017/06/)

BEST LOW RISK


1
INVESTMENTS a
(https://ateentrader.com/wp-content/uploads/2017/12/Bearish- b-
example.jpg) 2 10 MUST OWN STOCKS a

3 10 STOCKS TO BUY a
Above is a simple graphical example of what a bearish FTB should
look like. The market is in a downtrend and then creates and FTR. 4 TOP 10 DIVIDEND STOCKS a

A er this FTR creation the market cleanly pulls away from the FTR
zone, and then cleanly pulls back to the FTR zone. Next, price closes
inside of the FTR zone (the zone can be the FTR body or FTR range,
-39% -36% -59%

it’s up to you) and then the next period (candle) price closes outside.
This creates a valid FTB set up. Finally, the ideal stop loss would be
above the FTR candle/range and ideal take profit would be at the Right Hand S… Rs 97,000 Right Hand S…

recent lows created. -36% -41% -40%

USD/JPY 1h
Left Hand Si… Step Ladders Fabric Sofa…

https://ateentrader.com/ftb/ 4/7
8/2/2019 Trading FTBs | A Teen Trader

(https://ateentrader.com/wp-
content/uploads/2019/07/USDJPY.png)Above is a live example of a
bearish FTB that occurred last week. The market created a very large
FTR during a large downtrend and then continued trending down for
over half of a day. The market then pulled back (without
consolidating) and trended right back up into the FTR zone, closed
inside, and then the next candle closed back below, indicating a
potential sell trade. Following the same strict rules, our stop loss
being above the FTR zone/wicks, and take profit at the recent low
formed the risk-reward for this trade was 1:2.5. This trade is an
example of when the market didn’t continue to the downside a er
the take profit zone, so you must always be doing current market
condition analysis and protecting profits.

Conclusion

All in all, the FTB is a powerfull technical strategy that is very strict
which allows traders to maximize potential profits and minimize
unnecessary losses. If you are a busy trader and do not have time to
always be looking at the charts, check out my FTR indicator (which
also alerts for FTBs when they form). It does not signals and you still

https://ateentrader.com/ftb/ 5/7
8/2/2019
must do personal analysis, but the so ware doesTrading FTBs | A Teen Trader
greatly help to save
time and miss fewer opportunities. Check it out here
(https://www.ateentrader.com/product/ r-indicator)

Read The Top 5 Questions


You Should Ask

 (https://ateentrader.com/what-

Leave a Reply

Your Comment Here...

Name (required) Email (required) Website

POST COMMENT

A Teen Trader
Helping Teach the Markets So Simple Teens Can Understand it

 
(https://twitter.com/ateentrader)
(https://www.facebook.com/ATeenTrader/)
 
(https://www.instagram.com/ateentrader/) (https://www.youtube.com/c/ateentrader)

Resources Company Legal

mmunity(https://ateentrader.com/community/)About(https://ateentrader.com/about/) Disclaimer(https://ateentrader.com/disclaimer/)

Learn(https://ateentrader.com/learn/) Contact(https://ateentrader.com/contact/) Terms and (https://ateentrader.com/terms/)


Conditions
Blog(https://ateentrader.com/blog/) Advertise(https://ateentrader.com/advertise-
with-us/) Privacy(https://ateentrader.com/privacy/)
Videos(https://ateentrader.com/videos/)
https://ateentrader.com/ftb/ 6/7
8/2/2019
Markets(https://ateentrader.com/markets/) Trading FTBs | A Teen Trader
Apply(https://ateentrader.com/apply/) Policy

Podcast(https://ateentrader.com/podcast/)

esources(https://ateentrader.com/resources/)

Copyright © 2019 A Teen Trader. All rights reserved.

A Teen Trader is an educational Site Only, The contents included in this website is not investment advice and are not meant to be taken as investment
advice. Risk what you can a ord to lose

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. 

https://ateentrader.com/ftb/ 7/7

You might also like