tag:www.babypips.com,2008:/blogs/chart-art//2 2008-04-15T17:23:26Z 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. tag:www.babypips.com,2008:/blogs/chart-art//2.2258 2008-04-15T13:58:29Z 2008-04-15T17:23:26Z

Traders seems to be increasingly hesitant buying the pair at current levels, especially with Euro-zone economic data likely to worsen. The main reason price remains near all-time highs is because the ECB continues to maintain a tough stance on interest rates in the short term to control inflationary pressure. But just how long will this last if economic data being released gets suckier and suckier?

Forex Ninja http://www.babypips.com Traders seems to be increasingly hesitant buying the pair at current levels, especially with Euro-zone economic data likely to worsen. The main reason price remains near all-time highs is because the ECB continues to maintain a tough stance on interest rates in the short term to control inflationary pressure. But just how long will this last if economic data being released gets suckier and suckier? tag:www.babypips.com,2008:/blogs/chart-art//2.2182 2008-03-03T22:06:38Z 2008-03-03T22:19:43Z

Is the dollar oversold? I believe it might be for this pair. It has been in a super strong rally and I'm looking some kind of pullback. Price has been trading sideways recently creating a bunch of spinning tops signaling bullish fatigue and/or indecision.

Forex Ninja http://www.babypips.com Is the dollar oversold? I believe it might be for this pair. It has been in a super strong rally and I'm looking some kind of pullback. Price has been trading sideways recently creating a bunch of spinning tops signaling bullish fatigue and/or indecision. tag:www.babypips.com,2008:/blogs/chart-art//2.2145 2008-01-17T03:40:31Z 2008-01-17T03:59:02Z

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.

Forex Ninja http://www.babypips.com 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. tag:www.babypips.com,2008:/blogs/chart-art//2.2135 2008-01-14T06:59:06Z 2008-01-14T08:05:17Z

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.

Forex Ninja http://www.babypips.com 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. tag:www.babypips.com,2008:/blogs/chart-art//2.2132 2008-01-11T15:33:58Z 2008-01-11T15:47:40Z

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.

Forex Ninja http://www.babypips.com 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. tag:www.babypips.com,2008:/blogs/chart-art//2.2131 2008-01-11T04:58:24Z 2008-01-11T05:06:10Z

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.

Forex Ninja http://www.babypips.com 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. tag:www.babypips.com,2008:/blogs/chart-art//2.2128 2008-01-10T20:27:45Z 2008-01-10T20:36:21Z

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.

Forex Ninja http://www.babypips.com 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. tag:www.babypips.com,2008:/blogs/chart-art//2.2123 2008-01-09T15:06:03Z 2008-01-09T15:12:18Z

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.

Forex Ninja http://www.babypips.com 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. tag:www.babypips.com,2008:/blogs/chart-art//2.2120 2008-01-08T20:47:19Z 2008-01-08T21:08:59Z

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.

Forex Ninja http://www.babypips.com 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. tag:www.babypips.com,2007:/blogs/chart-art//2.2080 2007-12-10T00:48:48Z 2007-12-10T00:57:45Z

This pair has rallied for a couple of weeks now from its low around 9950s. There is hidden bearish divergence on the weekly chart where price has made a lower high while the oscillator makes a higher high. I see the recent rally as a correction and now look for the downtrend to resume.

Forex Ninja http://www.babypips.com This pair has rallied for a couple of weeks now from its low around 9950s. There is hidden bearish divergence on the weekly chart where price has made a lower high while the oscillator makes a higher high. I see the recent rally as a correction and now look for the downtrend to resume. tag:www.babypips.com,2007:/blogs/chart-art//2.2079 2007-12-06T23:49:30Z 2007-12-07T00:00:05Z

This pair dropped like a rock after the MPC cut rates to 5.5% but with the formation of a doji and the presence of bullish divergence, I feel a short-term bottom might be in place.

Forex Ninja http://www.babypips.com This pair dropped like a rock after the MPC cut rates to 5.5% but with the formation of a doji and the presence of bullish divergence, I feel a short-term bottom might be in place. tag:www.babypips.com,2007:/blogs/chart-art//2.2066 2007-11-28T03:56:00Z 2007-11-28T04:38:11Z

This pair has been climbing steadily as the market believes the Fed will cut rates again due to a weakening US economy. But its failure to break above the 1.49 handle has me thinking a correction might be in the works.

Forex Ninja http://www.babypips.com This pair has been climbing steadily as the market believes the Fed will cut rates again due to a weakening US economy. But its failure to break above the 1.49 handle has me thinking a correction might be in the works. tag:www.babypips.com,2007:/blogs/chart-art//2.2035 2007-11-13T22:10:50Z 2007-11-13T22:13:10Z

The buck seems to have found support close to 1.12 against the Swiss franc. This pair has been in strong downtrend lately due to the aggressive scaling back of high-yield and carry trade positions over fears of slowing global economic growth.

Forex Ninja http://www.babypips.com The buck seems to have found support close to 1.12 against the Swiss franc. This pair has been in strong downtrend lately due to the aggressive scaling back of high-yield and carry trade positions over fears of slowing global economic growth. tag:www.babypips.com,2007:/blogs/chart-art//2.2031 2007-11-12T19:18:54Z 2007-11-12T19:35:12Z

This pair dropped like a rock last week due to global risk aversion mainly due to the fact that US financial firms keep announcing ginormous credit-related losses. Will momentum continue to drive the pair lower or is this merely a panic sell-off?

Forex Ninja http://www.babypips.com This pair dropped like a rock last week due to global risk aversion mainly due to the fact that US financial firms keep announcing ginormous credit-related losses. Will momentum continue to drive the pair lower or is this merely a panic sell-off? tag:www.babypips.com,2007:/blogs/chart-art//2.2017 2007-11-05T17:20:19Z 2007-11-05T17:29:15Z

This pair attempted to reach 2.09 and got very close before sellers pulled it back down to 2.08. Traders are salivating the 2.10 level against the dollar, but it is very difficult to justify buying the pound at current levels given the negative economic outlook.

Forex Ninja http://www.babypips.com This pair attempted to reach 2.09 and got very close before sellers pulled it back down to 2.08. Traders are salivating the 2.10 level against the dollar, but it is very difficult to justify buying the pound at current levels given the negative economic outlook.