tag:www.babypips.com,2010:/blogs/chartology//30 2010-03-17T16:04:54Z tag:www.babypips.com,2010:/blogs/chartology//30.4151 2010-03-17T15:59:16Z 2010-03-17T16:04:54Z

Remember regardless of whether you are automating your chart pattern identification, using manual lines and levels, using the Wave or some other tool...KNOWING how to trade a pattern in relation to the market direction is vital to success in using this time tested, price analysis.

Queen Cleopiptra http://www.ragheehorner.com Remember regardless of whether you are automating your chart pattern identification, using manual lines and levels, using the Wave or some other tool...KNOWING how to trade a pattern in relation to the market direction is vital to success in using this time tested, price analysis. tag:www.babypips.com,2010:/blogs/chartology//30.4134 2010-03-12T10:37:01Z 2010-03-12T10:50:51Z

I was watching the intraday breakdown on the one hour USD/JPY and noticed two things. First I really didn't have a set up to capitalize on the weakness...on the one hour chart. Second, and this is what turned the light bulb on, price reached the 50% Fibonacci Level support and was testing an intraday double bottom.

Queen Cleopiptra http://www.ragheehorner.com I was watching the intraday breakdown on the one hour USD/JPY and noticed two things. First I really didn't have a set up to capitalize on the weakness...on the one hour chart. Second, and this is what turned the light bulb on, price reached the 50% Fibonacci Level support and was testing an intraday double bottom. tag:www.babypips.com,2010:/blogs/chartology//30.4092 2010-03-02T19:29:46Z 2010-03-02T19:46:36Z

The GBP/USD has been consolidating across the 15 and 30 minute charts as the longer term 240 minute and daily charts are in strong mark down cycles. The longer term charts while tempting because of their strong trends are going to take some time to correct enough for me to get interesting in a swing trade short.

Queen Cleopiptra http://www.ragheehorner.com The GBP/USD has been consolidating across the 15 and 30 minute charts as the longer term 240 minute and daily charts are in strong mark down cycles. The longer term charts while tempting because of their strong trends are going to take some time to correct enough for me to get interesting in a swing trade short. tag:www.babypips.com,2010:/blogs/chartology//30.4055 2010-02-22T14:26:01Z 2010-03-02T04:01:13Z

The 30 minute EUR/USD has formed an Ascending Triangle. This pattern is also referred to as an asymmetrical pattern since one level is horizontal -- in this case the resistance. The horizontal level opens up some potential alternatives to the common momentum set up that is most commonly associated with triangle patterns of any typ

Queen Cleopiptra http://www.ragheehorner.com The 30 minute EUR/USD has formed an Ascending Triangle. This pattern is also referred to as an asymmetrical pattern since one level is horizontal -- in this case the resistance. The horizontal level opens up some potential alternatives to the common momentum set up that is most commonly associated with triangle patterns of any typ tag:www.babypips.com,2010:/blogs/chartology//30.4048 2010-02-19T02:35:49Z 2010-02-19T04:09:36Z

Prices have found not only a continuation of the U.S. Dollar strength today but continues to do so despite equities buying. The breakout through the triangle pattern on the 30 minute chart show's that the 81.00 was not a level that seller's were willing to step in at. The key to any breakout is whether or not buyers will support prices when prices pull back.

Queen Cleopiptra http://www.ragheehorner.com Prices have found not only a continuation of the U.S. Dollar strength today but continues to do so despite equities buying. The breakout through the triangle pattern on the 30 minute chart show's that the 81.00 was not a level that seller's were willing to step in at. The key to any breakout is whether or not buyers will support prices when prices pull back. tag:www.babypips.com,2010:/blogs/chartology//30.4021 2010-02-12T02:01:06Z 2010-02-12T14:42:09Z

Forex traders do need to keep an eye on what's going on in the equities. And while most traders look at the S&P 500 for an idea of what stocks are doing, I take a slightly different tact.

Queen Cleopiptra http://www.ragheehorner.com Forex traders do need to keep an eye on what's going on in the equities. And while most traders look at the S&P 500 for an idea of what stocks are doing, I take a slightly different tact. tag:www.babypips.com,2010:/blogs/chartology//30.4010 2010-02-10T12:18:03Z 2010-02-10T12:57:51Z

The EUR/USD has been rallying across the intraday time frames of the 15, 30, and 60 minute charts. The bounce from 1.3600 has been significant enough to even level the 240 minute chat to the beginning stages of accumulation after a sustained downtrend from 1.4600.

Queen Cleopiptra http://www.ragheehorner.com The EUR/USD has been rallying across the intraday time frames of the 15, 30, and 60 minute charts. The bounce from 1.3600 has been significant enough to even level the 240 minute chat to the beginning stages of accumulation after a sustained downtrend from 1.4600. tag:www.babypips.com,2010:/blogs/chartology//30.3973 2010-02-02T01:17:43Z 2010-02-08T20:59:14Z

I'm still in "teacher" mode right now after having visited Korea - teaching traders there - for the past two weeks. I'll definitely get back to current market set ups this week, I'm still playing a bit of catch-up from my time away from my home office.

Queen Cleopiptra http://www.ragheehorner.com I'm still in "teacher" mode right now after having visited Korea - teaching traders there - for the past two weeks. I'll definitely get back to current market set ups this week, I'm still playing a bit of catch-up from my time away from my home office. tag:www.babypips.com,2010:/blogs/chartology//30.3929 2010-01-20T22:44:39Z 2010-02-02T01:16:32Z

I'm in Korea for two weeks...and so I'm TRADING from Korea for two weeks! So the issue is not whether I can trade but do I know the mannerisms of the hours that I will be trading. So I have to ask myself: Am I pipsmart in the ways of the Asian session? THAT will be what I have the adjust for the most.

Queen Cleopiptra http://www.ragheehorner.com Am I pipsmart in the ways of the Asian session? THAT will be what I have the adjust for the most.]]> tag:www.babypips.com,2010:/blogs/chartology//30.3886 2010-01-11T18:01:46Z 2010-01-11T18:33:22Z

I've been watching the daily chart of the USD/JPY for a correction ever since it's visit up to the 200SMA...

Queen Cleopiptra http://www.ragheehorner.com I've been watching the daily chart of the USD/JPY for a correction ever since it's visit up to the 200SMA... tag:www.babypips.com,2010:/blogs/chartology//30.3869 2010-01-06T02:47:39Z 2010-01-30T01:59:34Z

Is it a reversal or a correction? It's a issue that many traders struggle with..

Queen Cleopiptra http://www.ragheehorner.com Is it a reversal or a correction? It's a issue that many traders struggle with..]]> tag:www.babypips.com,2010:/blogs/chartology//30.3859 2010-01-04T17:41:06Z 2010-01-05T00:42:34Z

I was laying low for most of December, (as I see no point in unraveling a pretty decent year with too much year-end trading) but I was staying fairly active with my short term five minute set ups (which I have outlined in detailed perviously) and find myself ready to grab 2010 and see what it offers.

Queen Cleopiptra http://www.ragheehorner.com I was laying low for most of December, (as I see no point in unraveling a pretty decent year with too much year-end trading) but I was staying fairly active with my short term five minute set ups (which I have outlined in detailed perviously) and find myself ready to grab 2010 and see what it offers. tag:www.babypips.com,2009:/blogs/chartology//30.3816 2009-12-14T23:43:41Z 2009-12-15T00:51:41Z

Hi Traders, I just returned last week from Seoul, Korea last week and spent a great deal of time there speaking about the U.S. Dollar and the Dow Jones. These two markets are of keen interest for anyone trader dollar-correlated pairs.

Queen Cleopiptra http://www.ragheehorner.com Hi Traders, I just returned last week from Seoul, Korea last week and spent a great deal of time there speaking about the U.S. Dollar and the Dow Jones. These two markets are of keen interest for anyone trader dollar-correlated pairs. tag:www.babypips.com,2009:/blogs/chartology//30.3774 2009-12-02T11:53:26Z 2009-12-02T12:09:32Z

The "backbone" or "decision level" of an uptrending pattern is the lower uptrend line as it support and there therefore holds the key to either the swing entry continuation buy or the trend reversal short.

Queen Cleopiptra http://www.ragheehorner.com The "backbone" or "decision level" of an uptrending pattern is the lower uptrend line as it support and there therefore holds the key to either the swing entry continuation buy or the trend reversal short. tag:www.babypips.com,2009:/blogs/chartology//30.3764 2009-11-30T15:11:30Z 2010-01-30T03:17:58Z

The daily USD/CAD has formed a symmetrical triangle as the prices are being squeezed as the pair moves sideways in an accumulation cycle.

Queen Cleopiptra http://www.ragheehorner.com The daily USD/CAD has formed a symmetrical triangle as the prices are being squeezed as the pair moves sideways in an accumulation cycle.