Aug 18, 2010

FX Path

FX Path


Speaking at The Futures & Forex Expo, Las Vegas - September 23-25

Posted: 18 Aug 2010 10:51 AM PDT

Just a quick announcement. I will be speaking about forex trend trading at The Futures and Forex Expo in Las Vegas next month on September 23-25. Here are the details: http://www.moneyshow.com/lvfx/main.asp?scode=019708 . Hope to see everyone there!

James Chen, CTA, CMT


Webinar Recording Posted

Posted: 18 Aug 2010 10:15 AM PDT

My monthly FXstreet.com webinar that I conducted yesterday, “My Daily Analysis: Finding High-Probability Trading Setups” was recorded and has been posted here: http://www.fxstreet.com/live/sessions/session.aspx?id=cb874f38-1816-4860-9f60-101a9f27e317 . Please enjoy!

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.
* For information on my new book, Essentials of Technical Analysis for Financial Markets (Wiley), please click here.


EUR/JPY - Triangle Consolidation after Breakdown

Posted: 18 Aug 2010 09:04 AM PDT

Price action on EUR/JPY (a 4-hour chart of which is shown) as of Wednesday (8/18/2010) has formed a descending triangle consolidation just above 109.00 after having broken down cleanly below a parallel uptrend channel extending from the June low just last week. This all occurs within the context of a longer-term downtrend extending from the October 2009 high. For more technical analysis on this currency pair, please click here for Wednesday’s (8/18/2010) 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.
* For information on my new book, Essentials of Technical Analysis for Financial Markets (Wiley), please click here.


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