About Art of the Chart

Art of the Chart Author 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

January 2008

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January 2008 Monthly Archive

Buy USD/JPY

This pair has dropped like a rock the past few days due to risk aversion. With bullish divergence present, I'm looking to play a short-term correction here. I will admit this trade is a tad on the risky side since everybody has been hatin' on the dollar lately.… More…

Sell USD/CAD

This loonie pair has been trading upward in a nice ascending channel. With bearish divergence now present, I look for it weaken back to the bottom of its channel. … More…

Buy USD/JPY

There's a constant back-and-forth battle for this pair between the two camps. On the bearish side, continued fears over risk and credit conditions as well as the possibility of Big Ben cutting rates in the US.… More…

Sell AUD/JPY

This pair has been in steep uptrend but looks to be tired. A nice little doji at the "peak" of its swing is a sign that maybe the tide has turned. There's also bearish divergence with price making a higher high while the oscillator is fading. … More…

Sell USD/CAD

There is bearish divergence present here. Price has made higher highs while the oscillator makes lower highs. I look for price to fall back to parity, a strong psychological support level, as well as where the pink 50 EMA and purple 200 SMA are hanging out. … More…

Sell USD/CHF

This pair looks to be weakening here with the formation of double tweezers as it fights resistance from its pink 50 EMA. There's an ugly looking bearish divergence present with price sideways while the oscillator trends down. … More…

Sell GBP/CHF

This pair's recent rally seems to have been a minor correction and look for the downtrend to resume. There is hidden bearish divergence with price making a lower high while the oscillator makes a higher high. This support trend continuation, which for this pair, is DOWN. … More…

Sell USD/CAD

This loonie pair has been trading upward in a nice ascending channel. With bearish divergence now present, I look for it weaken back to the bottom of its channel. … More…

Buy USD/JPY

There's a constant back-and-forth battle for this pair between the two camps. On the bearish side, continued fears over risk and credit conditions as well as the possibility of Big Ben cutting rates in the US.… More…

Sell AUD/JPY

This pair has been in steep uptrend but looks to be tired. A nice little doji at the "peak" of its swing is a sign that maybe the tide has turned. There's also bearish divergence with price making a higher high while the oscillator is fading. … More…

Sell USD/CAD

There is bearish divergence present here. Price has made higher highs while the oscillator makes lower highs. I look for price to fall back to parity, a strong psychological support level, as well as where the pink 50 EMA and purple 200 SMA are hanging out. … More…

Sell USD/CHF

This pair looks to be weakening here with the formation of double tweezers as it fights resistance from its pink 50 EMA. There's an ugly looking bearish divergence present with price sideways while the oscillator trends down. … More…

Sell GBP/CHF

This pair's recent rally seems to have been a minor correction and look for the downtrend to resume. There is hidden bearish divergence with price making a lower high while the oscillator makes a higher high. This support trend continuation, which for this pair, is DOWN. … More…

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