Philippe Verhoeven was Senior Vice President at Prudential Bache , Lehman Brothers, Shearson and E.F.Hutton and has been advising and writing a daily technical comments since 1984 to major institutional clients worldwide. This daily comment is sent to the clients before the opening of the markets and is updated intraday if necessary. Philippe was also a financial adviser at Lehman Brothers and Prudential Bache for High Net Worth Individuals, developing portfolios according to the client profile with in house product and external money managers at disposal on an in house financial platform.At FCS, the company actually advises institutional clients who are hedging their physical stocks on the futures markets in London and N.Y. in the energy sector, the coffee market, the currencies markets and the Dry Cargo Freight market.There are basically two methods that the traders utilise for forecasting the markets: fundamental and technical analysis. I believe that a chart reflects the graphical representation of historical price action of the physical market which includes any available information (public as well as inside information).