James Chen, CTA, CMT
  • Male
  • New York, NY
  • United States
Share on Facebook
Share Twitter

James Chen, CTA, CMT's Friends

  • FXTimes
  • seyi oluks
  • FX Ifti
  • Heshan Edirisinghe
  • kaushal baid
  • P.F. Thomas III
  • Boston Merchant Financial
  • Justin Oliver
  • Pedma Jungne
  • fedaris
  • Alisha Butler
  • Loo Soon Hui
  • Lazaro
  • Ross Yamashita
  • muhammad mustapha
 

James Chen, CTA, CMT's Page

Latest Activity

James Chen, CTA, CMT posted a blog post

EUR/USD Bearish Correction of Bullish Correction

EUR/USD (daily chart) as of Tuesday (11/01/2011) has dropped precipitously since the beginning of this trading week from its high last week around key 1.4250 resistance (also the underside of the major uptrend support line extending from the June 2010 low). This dramatic fall broke down below several key levels,…See More
Nov 1, 2011
James Chen, CTA, CMT posted a blog post

EUR/CHF Continues Bearish Downturn Within Long-Term Downtrend

EUR/CHF (daily chart) as of Monday (10/31/2011) has continued its fall towards the significant 1.2000 psychological support level after having turned down two weeks ago from an important long-term downtrend resistance line extending from the December 2009 high and the key 1.2400 price region.  After having hit the high…See More
Oct 31, 2011
James Chen, CTA, CMT posted blog posts
Oct 27, 2011
James Chen, CTA, CMT posted a blog post

GBP/USD Hits Key 1.6000 Resistance

GBP/USD (daily chart) as of Monday (10/24/2011) has extended its rise up to the key 1.6000 psychological resistance level before backing off slightly. This occurs within the context of a steep bullish correction that began after price hit its 1.5270 low in early October. The current 2+ week bullishness has risen to…See More
Oct 24, 2011
James Chen, CTA, CMT posted a blog post

EUR/CHF Turns Down from Resistance Confluence

EUR/CHF (daily chart) as of Thursday (10/20/2011) has hit and tentatively respected a key resistance confluence that includes both a long-term descending resistance trend line extending back almost two years, and a key support/resistance line at the important 1.2400 level. Therefore, price is currently at a critical…See More
Oct 20, 2011
James Chen, CTA, CMT's 2 blog posts were featured
Oct 19, 2011
James Chen, CTA, CMT posted blog posts
Oct 18, 2011
James Chen, CTA, CMT posted a blog post

EUR/USD Turns Down From Resistance to Target Potential Bearish Continuation

EUR/USD (daily chart) as of Thursday (10/13/2011) has turned down from key resistance in the 1.3830 price region. This occurs after more than a week of strongly bullish price action that has formed a significant bullish correction within the context of the new overall downtrend that has been in place since the…See More
Oct 13, 2011
James Chen, CTA, CMT posted blog posts
Oct 12, 2011
James Chen, CTA, CMT's blog post was featured

USD/CHF New Bullish Trend Targets Higher Highs

USD/CHF (daily chart) as of Wednesday (10/05/2011) has continued to display a strong bullish bias in line with the new bullish trend that has been in place since the prior long-term downtrend was broken to the upside in early September. After that trend breakout, the new uptrend has been displaying the characteristics…See More
Oct 6, 2011
James Chen, CTA, CMT posted a blog post

USD/CHF New Bullish Trend Targets Higher Highs

USD/CHF (daily chart) as of Wednesday (10/05/2011) has continued to display a strong bullish bias in line with the new bullish trend that has been in place since the prior long-term downtrend was broken to the upside in early September. After that trend breakout, the new uptrend has been displaying the characteristics…See More
Oct 5, 2011
James Chen, CTA, CMT's 2 blog posts were featured
Oct 4, 2011
James Chen, CTA, CMT posted blog posts
Oct 4, 2011
James Chen, CTA, CMT posted blog posts
Sep 30, 2011
James Chen, CTA, CMT posted a blog post

USD/CHF Pulls Back within Strong Bullish Trend

USD/CHF (daily chart) as of Tuesday (9/27/2011) has pulled back yet again in what is turning out to resemble a well-formed bullish trend characterized by strong breakouts to the upside interspersed with bearish pullbacks, or retracements. If price action continues this pattern of higher highs and higher lows, the…See More
Sep 27, 2011
James Chen, CTA, CMT posted blog posts
Sep 23, 2011

Profile Information

About Myself
James Chen, CTA, CMT is Director of Technical Research and Education at FXDD, a global leader in foreign exchange trading. He is also a registered Commodity Trading Advisor and a Chartered Market Technician.

He is the author of the books, Essentials of Foreign Exchange Trading (John Wiley & Sons, 2009) and Essentials of Technical Analysis for Financial Markets (John Wiley & Sons, 2010), as well as author of the instructional video DVD set, High-Probability Trend Following in the Forex Market (FXstreet, 2010).

Mr. Chen contributes daily and intraday technical analysis to key financial media, is a frequent speaker at trading seminars, and has authored numerous articles on forex trading strategies and technical analysis in major financial publications.
Current Broker
FXDD

James Chen, CTA, CMT's Blog

EUR/USD Bearish Correction of Bullish Correction

Posted on November 1, 2011 at 4:25pm 0 Comments



EUR/USD (daily chart) as of Tuesday (11/01/2011) has dropped precipitously since the beginning of this trading week from its high last week around key 1.4250 resistance (also the underside of the major uptrend support line extending from the June 2010 low). This dramatic fall broke down below several…

Continue

EUR/CHF Continues Bearish Downturn Within Long-Term Downtrend

Posted on October 31, 2011 at 3:59pm 0 Comments



EUR/CHF (daily chart) as of Monday (10/31/2011) has continued its fall towards the significant 1.2000 psychological support level after having turned down two weeks ago from an important long-term downtrend resistance line extending from the December 2009 high and the key 1.2400 price region.  After…

Continue

USD/CHF Follows Through on Head-and-Shoulders Pattern Breakdown

Posted on October 27, 2011 at 3:57pm 0 Comments



USD/CHF (daily chart) as of Thursday (10/27/2011) has extended its fall substantially after breaking the neckline of a well-formed head-and-shoulders reversal pattern. Thursday’s price action saw the pair drop more than 200 pips to hit a 7-week low just below 0.8600, approaching key support in the…

Continue

USD/JPY Hits New All-Time Low Within Bearish Trend Channel

Posted on October 26, 2011 at 4:27pm 0 Comments



USD/JPY (daily chart) as of Wednesday (10/26/2011) has hit yet a new all-time low below 76.00, reaching down to 75.70 in Wednesday’s trading. This bearish price action conforms to a bearish trend channel that extends back to the early April high around 85.50. The downtrend channel has prompted the…

Continue

Comment Wall

  • No comments yet!

You need to be a member of Forex Social Network to add comments!

Join Forex Social Network

 
 
 

Members

© 2014   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video