Feb 11, 2010

FX Path

FX Path


DVD Signing Sessions at New York Traders Expo

Posted: 11 Feb 2010 09:02 AM PST

Rob Booker and I will both be signing our FXstreet DVD sets at the New York Traders Expo next week at the Marriott Marquis Hotel in Times Square, New York City on February 15 and 16.

Here are the dates and times:

FXstreet Booth: number 6809 - 6th Floor

#1 Support and Resistance Trading by Rob Booker
http://www.fxstreet.com/education/forex-dvds/support-and-resistance-trading/

Meet Rob at the FXstreet booth on MONDAY, Feb 15 at 2:45 pm

#2 High Probability Trend Following in the Forex Market by James Chen
http://www.fxstreet.com/education/forex-dvds/high-probability-trend-following/

Meet James at the FXstreet booth on TUESDAY, Feb 16 at 11 am

You will also be able to purchase both DVD sets at the FXstreet booth. Hope to see everyone there!

- James Chen, CTA, CMT

* For information on my DVD set, High-Probability Trend Following in the Forex Market, please click here.
* For information on my book,
Essentials of Foreign Exchange Trading (Wiley), please click here.


USD/CHF - Continuing Steep Uptrend

Posted: 11 Feb 2010 07:39 AM PST

Price action on USD/CHF, a daily chart of which is shown, has been following a steep uptrend support line since the mid-January lows. Within this steep uptrend, the bearish corrections have been relatively shallow while the bullish trend moves have been relatively strong. Currently, price is in the process of recovering from a bearish correction, and appears poised to reach for a new 6-month high if the last high around 1.0817 is surpassed. For more technical analysis on this currency pair, please click here for Thursday’s (2/11/2010) Chart of the Day.

- James Chen, CTA, CMT

* For information on my DVD set, High-Probability Trend Following in the Forex Market, please click here.
* For information on my book,
Essentials of Foreign Exchange Trading (Wiley), please click here.


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