About Chartology

With "Chartology", you'll be sitting in the front row as I discuss price action analysis, market cycles, chart pattern setups, optimal trading time and volatility analysis, as well as the psychology behind price action. Put these tools together and you're looking at how to begin mastering the charts. In fact, be sure to watch the "Your Forex Questions Answered" video here.

Every day, occasionally more often, I'll additionally discuss order entry, U.S. Dollar Index, crude oil, gold, and the Dow. Forex trading allows and requires a viewpoint that goes beyond simply analyzing the pairs. I'll explain in detail how I scan for trades — I call it "triage" — how I set up trades proactively, and how I manage entries and risk. Trading isn't all that diffcult but the process of finding your tools and approach and trusting them is. So here's your front row in my trading office, thanks for reading, let's get going!

Who is Queen Cleopiptra?

Raghee Horner is a private trader, founder of EZ2Trade Software, entrepreneur, and author. She has been trading forex, as well as futures and stocks for almost twenty years. She is a regular contributor at a number of sites including FXStreet, Trading Markets, Autochartist, eSignal and a featured speaker at the Forex and Traders Expos. Her commentary and analysis is seen daily by thousands of traders at her personal blog ragheehorner.com. She has written articles for Technical Analysis of Stocks and Commodities, Currency Trader, Your Trading Edge, and Traders Journal magazine.

Del.icio.us Bookmark

Technorati Favorite

Latest Posts

February 2009

S	M	T	W	T	F	S
1	2	3	4	5	6	7
8	9	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28

Follow the uptrend on the 30 min USD/JPY

Posted 11:25 13 February 2009 | Comments

There is a larger triangle pattern that is forming on the daily USD/JPY but in the meanwhile a lower risk, shorter term entry as we go into the weekend and the G7 meeting is a swing set on the 30 minute chart.

jpy 30 grab 2-13-2009 11-21-30 AM.png

The GRaB overlay (available here) is plotting the upward angle of the 30 minute chart and the green candles are there as a visual cue of the fact that price is on the strong side of the Wave and has been for some time.

The intraday uptrend continues to show that there are two forces at work here and while both are in their early stages it can be said that going into the weekend that 1) risk aversion is less and 2) the dollar's safe haven play is perhaps unwinding.