A great 6-minute video lesson in Elliott wave analysis of forex markets
By Elliott Wave International
Every Friday, the editor of EWI’s forex-focused Currency Specialty Service, Jim Martens, records a video update for his subscribers. Each video delivers a real-life lesson on Elliott wave application to forex markets.
Watch this 6-minute video Jim recorded on October 12. Jim called for cable (GBP/USD) to drop below 1.60 in wave 5 of the developing Elliott wave sequence.
Ten days later, on October 23, GBP/USD fell as low as 1.5925.
|Download Your Free 14-page eBook: “Trading Forex: How the Elliott Wave Principle Can Boost Your Forex Success”|
Here’s some of what you’ll learn:
Jim also takes you through two real-world trading examples to reinforce what you’ve learned and apply it to your own trading.
All you need is a free Club EWI profile to download this FREE 14-page eBook now >>
This article was syndicated by Elliott Wave International and was originally published under the headline (VIDEO) GBP/USD: How Elliott Wave Patterns Predicted Recent Drop Under 1.60. EWI is the world’s 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.
- Forex Video: Which Elliott Waves Are Best For Trading?
- How to Use Elliott Wave Analysis to Boost Your Forex Trading
- Learn Elliott Wave Analysis – Free
- Elliott Wave International’s Understanding the Fed eBook is now available
- Learn to Label Elliott Waves More Accurately