Price Action Support and Resistance Do some research on it pull up some charts and start practicing. look into books written by Martin Pring and steve Nison. Start on the daily time frame and higher untill you have proven to be profitable, only then move down in TF's.
Strangely, and I find it hard to explain why, it's much the same as trading anything else. But if you discover TA for Fx that only works on Fx, you'll make a fortune telling all the suckers. Perhaps I should...