We present a theoretical study of a superconducting charge qubit dispersively coupled to a transmission line resonator. Starting from a master equation description of this coupled system and using a polaron transformation, we obtain an exact effective master equation for the qubit. We then use quantum trajectory theory to investigate the measurement of the qubit by continuous homodyne measurement of the resonator out-field. Using the same porlaron transformation, a stochastic master equation for the conditional state of the qubit is obtained.