Tuesday, September 15, 2009

FX Path

FX Path


International Traders Conference - Registration Deadline Approaching

Posted: 15 Sep 2009 10:32 AM PDT

The registration deadline is quickly approaching for FXstreet.com’s International Traders Conference (ITC) that will be held on October 14-16, 2009 in Barcelona (Spain).  I will be a key speaker along with a roster of prominent, top-notch forex traders and analysts: Valeria Bednarik, Rob Booker, Kim Cramer Larsson, Markus Heitkoetter, Ashraf Laidi and Andrei Pehar. It will be the most interactive forex event of the year. You will be in direct contact with the experts for several hours each day, learning specific strategies and LIVE TRADING side-by-side during the American and European trading sessions.

DEADLINE TO REGISTER IS OCTOBER 2ND: http://www.traders-conference.com/ .

Hope to see you in Barcelona!

- James Chen, CTA, CMT

* For information on my book, Essentials of Foreign Exchange Trading (Wiley), please click here.


EUR/JPY - 131.00 Support Bounce

Posted: 15 Sep 2009 09:07 AM PDT

EUR/JPY Daily ChartPrice action on EUR/JPY, a daily chart of which is shown, has just made yet another pronounced bounce up off the highly significant 131.00 support level, which has served both as support and as resistance on numerous occasions in the past. Currently, the bounce off this level coincides with a bounce up off a key uptrend support line extending from early March. For more technical analysis on this currency pair, please click here for Tuesday’s (9/15/2009) Chart of the Day.

- James Chen, CTA, CMT

* I will be key speaker at FXstreet.com's International Traders Conference in Barcelona, Spain in October 2009 - for more information, please go to: www.traders-conference.com .

* For information on my book, Essentials of Foreign Exchange Trading (Wiley), please click here.

* Follow my intraday forex updates on Twitter: http://twitter.com/JamesChenFX


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