VIDEO Want a Sure Fire Forex Trade Setup Look for a Triangle ~ forex trading coach reviews
(Video) Want a Sure-Fire Forex Trade Setup? Look for a Triangle Watch this quick educational video from an Elliott wave forex expert, Jim Martens
By Elliott Wave International
Last fall, the editor of Elliott Wave Internationals Currency Pro Service, Jim Martens, observed a beautiful pattern in the chart of the Japanese yen. This pattern, called a triangle in Elliott wave terms, offers a very clear outlook for the market.
What is a triangle? Its a corrective pattern, meaning that it moves in the direction opposite the primary trend. And, its very easy to spot on a chart. Heres an idealized diagram of a triangle.
When a triangle ends, the old trend should resume. This allowed Jim to make a very clear forecast for the dollar/yen. Watch this 7-minute video to see the triangle he observed, and the outcome.
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Elliott Wave Internationals Senior Currency Strategist Jim Martens pulls from 25+ years of experience using Elliott wave analysis to show how you can put the power of the Wave Principle to work in your forex trading.
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This article was syndicated by Elliott Wave International and was originally published under the headline (Video) Want a Sure-Fire Forex Trade Setup? Look for a Triangle. EWI is the worlds largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
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Forex Trading Perspective Trends Finding New Opportunities ~ platinum forex trading group review
Forex Trading: Perspective, Trends & Finding New Opportunities Jim Martens shares key insights into trading currencies with the Wave Principle
By Elliott Wave International
In this brand-new video interview, EWI Senior Currency Strategist Jim Martens shows you his approach to the forex markets -- and how the "simplicity" of Elliott wave analysis has guided him through 23 years of forecasting. Watch this new interview -- and follow the link below the video to learn how to get a full week of his currency forecasts - FREE - during Forex FreeWeek (Nov 4-11).
EWIs World-Famous Forex FreeWeek, Nov. 4-11
Join thousands of your fellow Elliott wave fans from around the globe during EWIs Forex FreeWeek. Forex FreeWeek is a 7-day event where you get unrestricted, 24/7 access to intraday, daily, weekly and monthly forecasts -- including charts and videos from our premium-grade Currency Pro Service. Currency Pro Services team of four currency experts brings you forecasts for these popular FX pairs:
EUR/USD
USD/JPY
GBP/USD
USDX, the Dollar Index
More...
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This article was syndicated by Elliott Wave International and was originally published under the headline Forex Trading: Perspective, Trends & Finding New Opportunities. EWI is the worlds largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
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Gbpusd Intraday Market Update ~ saxo bank forex trading reviews
I will be building on the analysis I did on 22nd of this month. You can scroll down the blog or click here.
I noted an ending diagonal as part of the zigzag pattern that I thought could end wave 4 of the larger wave in order to be part of the potential large move downside.
I put a sell order at the break of the diagonal and soon market started moving up and down showing the diagonal might not have finished forming. A diagonal is usually followed by sharp moves
I exited the trade manually with -70pips in order to analyse more critically.
At the end of trade on 25th February, I saw that ending diagonal was still intact with double zigzags in between its legs.
The fibonacci extension of wave A from B has pierced the 161.8% and price is now heading to 200% fibo extension level at 1.5560 and its neighborhood.
This level could mark the last wave to complete the diagonal before a crash down. A crash down could happen if the 200% level holds and price breaks below the support trendline of the diagonal.
Zooming down to the 15minute chart, something very interesting also surfaced.
The supposed last wave of the expected diagonal formation, vividly seen on 15 minute chart is also forming a diagonal.
This would be a massive move. That will be dual time diagonal formation.
If the 200% holds at the turning point, i would trade aggressively at the break of the 15 minute ending diagonal.
A conservative way of trading is by waiting for the 1 hour diagonal to be broken downside by price. Proper stop order should be done with good money management.
I will see you in the next update.
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Forex Trading Advice Do I Need a Broker to Start In Currency Trading ~ forex trading signals today
Not everyone is faced with a broker if they are involved in forex trading. But if youre the kind of person who is a little shy about going out and doing their own activities or if you are new to it and not really that his lack of experience will be good, then it is You may want -be go out and find yourself a personal broker. Usually, a broker is like a relationship between a buyer and a seller. If there is a product to sell the hall and then try to find someone who sold him for a small fee. Well, this is something that Forex Brokers do with the currency. They will do so on their behalf and that their gains in what is called the spread is based. What is the spread? Thats the difference between the actual price of the currency when it was purchased and the price you receive when you sell. What is the spread, it is the lowest percentage increase of the sold currency.
Although many banks offer alternatives for runners, you will also be charged a higher rate than a broker would do better to stay with a broker that deals with Forex trading. Their response time will be faster than a bank too. While a broker usually pay less than others, it is important to keep an eye on whats going on at all times because of the speed of this type of business, you could end up getting paid more and risk affect your benefit. Make sure the agent is what promises to stay with the whole trade. Many runners are now online and will offer the newcomer a chance to experience this kind of trade by creating a demo account and participate in a free demo that allows you to enjoy Forex trading without spending a dime. This will help the person get used to how the actual trade. When choosing a Forex broker is very important that you find out how much they will pay for their services. Not a company only to discover that they will end up making more money than you have in your own business. You should also realize that you should know if the spread is fixed or variable. Because if the market is slow, it is better to go with a variable margin. There are many different things you have to think when you are looking for a broker, but one of the main things you need to focus on when entering the forex trading is the amount of money you have really to invest and this will include the fee to your dealer. More info for Forex Trading Advice Do I Need a Broker to Start In Currency Trading ~ forex trading signals today:
Flag formation to shoot Gold up ~ forex trading made ez review
On 11th November, I speculated an upward movement of Gold and on 13th , I posted an update---analysis of the brief intraday correction pattern downside before the movement upward began.
I cashed out 320 pips on half of my position while the rest is opened to ride the bullish move upward.
Presently on the intraday level, there is a formation of a consolidation flag pattern which is expected to break upside after which further upside move will happen.
If the flag formation is broken upside as expected, there is a strong possibility of reaching level C indicated in the chart .
The level C is a confluence level for 161.8% extension of wave A from B, 31.8-50% retracement of the last impulsive 5-wave bearish trend that I discussed on 11th , and the flag extension.
I will add to my position as soon I discover that the flat is broken upside. I will keep an update here.
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EURUSD Market Pivot Point On April 28 (updated) ~ new science of forex trading reviews
EURUSD market Pivot Point results On April 28, 2015. This results was generated by using our HotForex tools. And this tool has been generated from the Floor Pivot points , Woodie Pivot Points, Camarilla Pivot Points, Demarks Pivot Points.
For other Currency market pivot points, please to use our tool here : Forex Pivot Point Tool Gerenator. I Hope it will be useful for you. Thanks for visiting my blog. Good luck in your trading Forex. Regard, Tom Berlino.
Auto generate pivot point tool for currency market of EURUSD.
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Jim Rogers goes for Gold Sugar Chinese RMB and Russian ETFs ~ forex vertigo trading system
Jim Rogers, touted as a legendary commodities investor, is an investor and author based in Singapore. In his recent interview on FOX Business, Rogers outlined several investment opportunities:
Gold, if it goes below US$1000 per ounce
Sugar as a commodity, and Sugar companies
Chinese RMB
Russian Exchange-traded Funds (ETFs)
Source: Jim Rogers: If Gold Dips Below 1K, Ill Buy
In another video, Rogers talks about the artificial stimulus package introduced in the United States, and believes that America will "default (on its debts) one way or the other". When that happens, he believes that the Dollar will lose its place as the World currency.
Source: Jim Rogers Discusses Gold, Housing and China
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EURUSD Market Pivot Point On April 29 (updated) ~ forex trading for newbies review
EURUSD market Pivot Point results On April 29, 2015. This results was generated by using our HotForex tools. And this tool has been generated from the Floor Pivot points , Woodie Pivot Points, Camarilla Pivot Points, Demarks Pivot Points.
For other Currency market pivot points, please to use our tool here : Forex Pivot Point Tool Gerenator. I Hope it will be useful for you. Thanks for visiting my blog. Good luck in your trading Forex. Regard, Tom Berlino.
Auto generate pivot point tool for currency market of EURUSD.
More info for EURUSD Market Pivot Point On April 29 (updated) ~ forex trading for newbies review:
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