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Forex Trading Tips Using Elliott Wave Analysis
The U.S. dollar is the current center of the global financial community's attention, and it will likely stay in the spotlight for a while. That could be good for the forex market...and the forex trader.
Already the largest and most liquid market on the planet – with the daily volume ten times larger than the combined daily turnover on all of the world's stock exchanges – recent focus on the dollar is likely to attract even more currency speculators. And that means even more volume and liquidity – a nimble trader's paradise.
Winning in forex is not easy. You need skill, discipline – and sometimes, just pure luck. You also need a method. You may have heard that Elliott wave analysis is something many forex traders use. It's true; wave analysis is not a crystal ball, but it helps you accomplish three crucial goals: Identify the trend, stay with it, and get out when the trend is likely over.
Elliott Wave International's website gives you multiple resources that teaches Elliott Analysis. Of course, nothing helps you learn faster than watching a good teacher. That's why you don't want to miss this free opportunity to learn from one of the best forex Elliotticians out there.*
FREE Video Lesson: How To Trade Forex With Elliott Wave
What you are about to see is a condensed, 20-plus-minute version of Jim Martens' live course on trading with Elliott to an audience of independent investors in Denver, CO, recorded in early November 2007. Here's what you'll learn:
- At its core, Elliott wave analysis is simple. Watch Jim explain why.
- What Elliott waves are best for trading forex?
- How do I identify trade setups?
- At what point in a wave pattern do I enter a trade?
- How do I manage risk with Elliott? Etc.
FREE Report: Take Advantage of News Using Elliott Wave Analysis
If you've ever felt you could be better at trading forex around economic report releases, this is a must-read. The Forex Journal, one of the premiere forex trading magazines, recently selected this report by Jim Martens as the main feature and cover page.
Join Club EWI to gain access to the Forex video and report, FREE! It takes just 30 seconds. Club EWI is the world's largest Elliott Wave Community with more than 125,000 members. It only takes a minute to sign up and it's absolutely free. The video also includes a supplemental 4-page report demonstrating how wave analysis can be used to trade forex at the time of economic news releases. Both the free video and report are available online now. Get them both now, free.
*Who is Jim Martens?
Jim Martens was first introduced to the Wave Principle in 1985. Since then, he's built an impressive resume, having worked for such firms as Bank of New York and Nexus Capital Limited, a George Soros-affiliated hedge fund. Since 2005, Jim has been Elliott Wave International's senior forex analyst – and one of the best teachers of the method.