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.

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Is the market ready for a shift?

Posted 1 year ago | 11:38 AM | 27 Mar 2012 | Comments

The Dow's uptrend has been the basis for much of my RISK ON attitude (think: a market psychology of greed) and this means expecting the U.S. dollar to remain in a range or be pressured and U.S. equities to climb. This has led me to focus on the yen-pairs like the AUD/JPY, EUR/JPY, and USD/JPY for swing buys on their respective daily charts. But now I sit looking at a Dow that cannot push to higher highs.

Do my expectations shift now? What is the risk environment? and Where is the Clarity in this market?

Trading is about having multiple scenarios in your head (or on paper) and then recognizing the signs that one of the scenarios (we can call 'em "set ups" too!) are becoming a reality. As traders, we react on the reality of what price action reflects - which in essence is the psychology of the market.

The fact is that IF the Dow can't press higher, I think that even the S&P's climb through 1400 could be in jeopardy. Now I'm not getting bearish quite yet but I want to begin considering the scenario where the risk environment could turn neutral or even bearish (risk OFF).