FX Path

---

Webinar - My Daily Analysis: Finding High-Probability Trading Setups Posted: 09 Mar 2010 10:17 AM PST I will be holding my monthly webinar here on FXstreet.com this week (Free Access Day) that is open to all. It is entitled "My Daily Analysis: Finding High-Probability Trading Setups" and will be held on Thursday, March 11, 2010 at 17:00 GMT (12:00 PM U.S. Eastern Time). In this monthly webinar, I will show my current analysis using live chart examples that will highlight potential trading opportunities. Here is the description of this webinar: Through a wealth of current chart examples, find out the specific approach I take when performing daily currency analysis and how I use my analysis to identify high-probability trading setups based upon the prevailing trend conditions and key support/resistance levels. Learn about entry and exit setups as well as risk management techniques. For more information and to pre-register for this free webinar, please click on the following link: http://www.fxstreet.com/live/sessions/session.aspx?id=22218b46-f273-4580-81a9-411fa509da30. 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 - On Verge of Potentially Breaking Resistance Posted: 09 Mar 2010 08:54 AM PST Price action on USD/CHF, a daily chart of which is shown, has consolidated in a tight, slightly bearish consolidation right underneath a key long-term downtrend resistance line extending from the 2008/09/10 high hit in November 2008. Since recently hitting this trendline in mid-February, price has bumped up against it several more times without breaking the dynamic resistance imposed by the line. Currently, since the lows around parity (1.0000) in early December, this pair has been entrenched in a medium-term uptrend. For more technical analysis on this currency pair, please click here for Tuesday’s (3/09/2010) 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.

You are subscribed to email updates from FX Path To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610