Sell EUR/USD
Talk about some serious strengthening! It looks like once this pair got over the hump at 1.3000, it never looked back. But now it looks to be sputtering as it fails to break 1.3850. I spot bearish divergence on this weekly chart.… More…
About Art of the Chart
I'll be scouring the charts for "actionable masterpieces". These will be signficant chart patterns or set-ups that I feel are not only tradeable, but also have a high probability of making big profits with little risk. Whenever I spot an "actionable masterpiece", I will post an annotated chart (my chart art) along with an explanation. My goal is to help you learn how to spot these low ocurring but highly profitable "actionable masterpieces" yourself.
Latest Posts
July 2007
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July 2007 Monthly Archive
Sell EUR/USD Again
While our original short euro trade is still in play with pips already locked in, I'm looking at another short position. This pair has pulled back a bit near the 1.37 handle. I look for this area to act as psychological resistance and expect more downside. … More…
Sell EUR/USD
Talk about some serious strengthening! It looks like once this pair got over the hump at 1.3000, it never looked back. But now it looks to be sputtering as it fails to break 1.3850. I spot bearish divergence on this weekly chart.… More…
Buy USD/CHF
Has this pair bottomed out for now? It looks like 1.20 is holding as solid support. With the recent panic dollar sell-off due to subprime mortgage concerns, some relief looks to be in the works. … More…
Sell AUD/USD
The Aussie pair has pushed past 8650 but I believe it will face stiff resistance at these levels in the short-term as traders with long positions reduce some of their positions. … More…
Sell GBP/USD
The pair looks to be forming a near-term top here with 2.0200 being a strong resistance level. Its ascending trendline has also been broken. … More…
Sell AUD/USD
This pair looks to be forming a triple top unable to break through psychological resistance of 8600. I'm basically gonna try to pick a short-term top here. … More…
Buy USD/JPY
Hidden bullish divergence has formed here where price has made a higher low while the oscillator has a lower low. A possible sign of trend continuation, which in this case, is up. … More…
Cancelled: Sell AUD/USD Again
We missed the boat on this move. The pair shot back up to as high as 8600 before dropping. I'm going to cancel my open order. … More…
Buy USD/CHF
Has this pair bottomed out for now? It looks like 1.20 is holding as solid support. With the recent panic dollar sell-off due to subprime mortgage concerns, some relief looks to be in the works. … More…
Sell AUD/USD
The Aussie pair has pushed past 8650 but I believe it will face stiff resistance at these levels in the short-term as traders with long positions reduce some of their positions. … More…
Sell GBP/USD
The pair looks to be forming a near-term top here with 2.0200 being a strong resistance level. Its ascending trendline has also been broken. … More…
Sell AUD/USD
This pair looks to be forming a triple top unable to break through psychological resistance of 8600. I'm basically gonna try to pick a short-term top here. … More…
Buy USD/JPY
Hidden bullish divergence has formed here where price has made a higher low while the oscillator has a lower low. A possible sign of trend continuation, which in this case, is up. … More…
Cancelled: Sell AUD/USD Again
We missed the boat on this move. The pair shot back up to as high as 8600 before dropping. I'm going to cancel my open order. … More…
