About Raghee Horner
I am a self-taught, independent, and rather unorthodox trader. I am also the Chief Currency Analyst for InterbankFX and an author who has enjoyed the sunny weather and mild winters of South Florida for over 25 years. I began experimenting with market timing, market trends, and plotting price on graph paper (aka charting!) in 1989 at the age of 17 and began to trade commodity futures and options. In the mid-90s I began daytrading equities and futures indicies.
Later in 1999 while trading (and teaching) from a trading room in Boca Raton, I added forex to my trading approach on the persistence from a good friend. Most people know me best for my 34EMA Wave and GRaB candles. I considers myself a “Charthacker!” since I rely on a hybrid of price action, technical analysis, economics data releases, historical price movement range, and fundamental analysis for my trades.
I have written three books published by John Wiley & Sons on my forex trading including a unique journal-style book called “Thirty Days of Trading” to which I am working on a follow-up. I spend the first two hours of each trading day in my trading room called the “Forex Fishbowl” where I share live set ups and my trades. Why the “fishbowl”? Because there’s no where to hide when you are trading out loud. I pride myself on transparency in my trades and strategies.
About Forex Off the Charts:
Why Forex ”Off the Charts”? Because I literally make my trading decisions primarily off chart price action!
I try to share my outlook on the markets. Personally, I find that there is too much vague-analysis out there. If you want news, search Google. I share trade set ups, my own, ones that I am likely to take or am in. By the time you finish a trade-related update you should know what I am trading, why, and how. If not, leave a comment and I’ll be happy to clarify. I don’t indulge in backwards looking analysis (telling you what has already happened…) unless there is educational value or some sort of lesson to be learned.
Don’t expect your run-of-the-mill analysis here. I’m a mix of old school and a couple of my own home-cooked indicator creations. Much of my trading philosophy was shaped by Richard Shabacker, Richard Wyckoff, and Charles Dow (old school)…all of whom never saw streaming real time qutotes (unless you count a ticker tape). None-the-less they taught me that all trading boils down to psychology, what does the market think something means? (analysis) and how is it being reacted to? (discounting)
Where else to do I write? I am honored to have been asked to contribute my two cents at:
and am a proud member of the StockTwits blogging roster.