Tag Archives: Forex Videos

Learn to Spot a Head & Shoulders Pattern in Your Charts (Video)

Learn to Spot a Head & Shoulders Pattern in Your Charts (Video)

A Trading Lesson from Elliott Wave International’s Jeffrey Kennedy

By Elliott Wave International

Senior Analyst Jeffrey Kennedy is the editor of our Elliott
Wave Junctures
trader education service and one of our
most popular instructors. Jeffrey’s primary analytical method
is the Elliott Wave Principle, but he also uses several other
technical tools to supplement his analysis.

You can apply these methods across any market
and any timeframe. Enjoy this lesson and
then find out how you can get additional trading lessons from
Elliott Wave International.


My primary tool as a technical analyst is, of course, the Wave Principle. Even so, I find great value in other forms of technical analysis, such as candlesticks and indicators. With this in mind, let’s review one of my favorite old-school chart patterns — Head-and-Shoulders.

Spotting a Head & Shoulders Pattern

This formation was popularized by Edwards and Magee in their seminal work Technical Analysis of Stock Trends. It is a reversal pattern and consists of a left shoulder, a head and a right shoulder.

A trendline drawn between the price extremes of the left shoulder and head and head and right shoulder is referred to as the neckline. The neckline is important for two reasons — the first being that a parallel of the neckline drawn against the extreme of the left shoulder can identify the extent of the formation of the right shoulder.

The second important aspect of the neckline is that it can provide a high probability target for the subsequent breakout. If prices decisively penetrate the neckline, the distance between that point and the head is often a reliable objective for the ensuing price move. Watch this 4-minute video where I explain more:



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This
article was syndicated by Elliott Wave International and
was originally published under the headline Learn to Spot a Head & Shoulders Pattern in Your Charts (Video).
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.

Basic Elliott Video Lesson – Characteristics of Zigzags

For consistent trading, use Elliott as your metronome.

By Elliott Wave International

When you are new to trading with Elliott Waves, it can take some time before each pattern is easy to recognize and understand. But as with new music, the more you listen the more the particular rhythm and meaning stand out.

There may be as many approaches to market forecasting as there are genres of music, yet once you find a style that you like — in trading or in tunes — the patterns that drive each move (whether it’s a pip or a note) become evident.

When it comes to Elliott Wave analysis, one of the foundational “beats” in any market is the zigzag. And when you’re just starting to find your trading groove, it’s important to understand how these corrective patterns unfold.

Last week you learned what the zigzag shape looks like, in contrast to the other sideways structures (if you missed it, watch here >>).

Now, take a look at the three types of zigzags — and, so that you don’t miss a beat, learn why double and triple zigzags exist.

(Note: If you are interested in getting a strong foundation in the Wave Principle, check out our free Elliott Wave Tutorial — find out how below.)

To be a consistently successful Elliott trader, you need to be able keep up with the rhythm of the market.

Ready to rock and roll?


If you are prepared to take the next step in educating yourself about the basics of the Wave Principle — access the FREE Online Tutorial from Elliott Wave International.

The Elliott Wave Basic Tutorial is a 10-lesson comprehensive online course with the same content you’d receive in a formal training class — but you can learn at your own pace and review the material as many times as you like!

Get 10 FREE Lessons on The Elliott Wave Principle that Will Change the Way You Invest Forever >>

This article was syndicated by Elliott Wave International and was originally published under the headline Basic Elliott Video Lesson — Characteristics of Zigzags. 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.

You up on this Forex ‘flaw’?

Check this out.

While researching new ways to save time trading Forex (without
sacrificing pips), this trader kind of stumbled upon 2
‘discoveries’ that may surprise you.

The first one has to do with a ‘flaw’ in how 90% or more of
Forex traders think about trading these markets.

It’s deceptively simple…

-yet it led him to develop a pretty unusual technique around
‘scalping’ the ‘sweet spots’ of the best Forex markets.

Watch this brand new video he just recorded that reveals these
discoveries, along with an unusual ‘scalping’ technique.

You can see it here:

http://www.forexprofitaccelerator.com/z/?i=773362&l=f100

Good Trading!

p.s. If you really, really enjoy staring at your computer all
day long day trading every nook & cranny of the markets, then
you might not like this video, because it shows you how to spend
LESS time trading and MORE time ‘having a life’.

http://www.forexprofitaccelerator.com/z/?i=773362&l=f100

The Euro Game is Up

Hi everyone. Here is an interesting video I came across on David MacGregor’s blog (from Global Freedom Strategies) that is related to the Euro. In this video you’ll get to listen to a very feisty talk on the future of the EU project by UKIP (UK Independence Party) EU representative Nigel Farage:

[youtube Fyq7WRr_GPg]

Enjoy!

Oh and if you have any comments or you’d like to discuss this issue in a forum environment I’d like to invite you to the Forex Nirvana forum where I hang out:

http://www.forexnirvana.com

Cheers,

Alan

You up on this Forex ‘flaw’?

Check this out.

While researching new ways to save time trading Forex (without
sacrificing pips), this trader kind of stumbled upon 2
‘discoveries’ that may surprise you.

The first one has to do with a ‘flaw’ in how 90% or more of
Forex traders think about trading these markets.

It’s deceptively simple…

-yet it led him to develop a pretty unusual technique around
‘scalping’ the ‘sweet spots’ of the best Forex markets.

Watch this brand new video he just recorded that reveals these
discoveries, along with an unusual ‘scalping’ technique.

You can see it here:

http://www.forexprofitaccelerator.com/z/?i=773362&l=f100

Good Trading,
Alan

p.s. If you really, really enjoy staring at your computer all
day long day trading every nook & cranny of the markets, then
you might not like this video, because it shows you how to spend
LESS time trading and MORE time ‘having a life’.

http://www.forexprofitaccelerator.com/z/?i=773362&l=f100

Video: The Versatility of the Wave Principle

Video: The Versatility of the Wave Principle
Timeless Trading Lesson

In the video below, EWI senior analyst and trading instructor Jeffrey Kennedy shows how the Wave Principle can help you identify a high-probability trade set up regardless of the direction of the larger trend.


This timeless educational video was taken from Jeffrey’s renowned Trader’s Classroom series and is being re-released because of its valuable lesson. If a few minutes isn’t enough,
get more FREE practical trading lessons from Jeffrey Kennedy in his latest eBook.

ZuluTrade Trading Guides – What is Forex?

I was visiting the ZuluTrade website the other day and and I came across these “trading guides” videos they posted. I thought I’d share this with you folks as I think these brief videos are quite useful, especially for beginner traders. The first episode in this series is entitled “What is Forex” and it goes into the very basics of Forex – like I said perfect for those of you who have either never heard about the Forex market or are have heard about it and are thinking of learning more.

About this episode:

An introduction to the basics of Forex Trading. In order to start understanding how Forex trading works, this video will explain to you the most important terms that you have to familiarize yourselves with and will use on a daily basis when trading Forex. What is a Short position and how is it opposed to a Long one? Which Currency Pairs exist and why do their Rates fluctuate in a volatile way? Terms that seem meaningless to a novice, such as Lots, Pips and Leverage are explained in detail before they become indispensable to your everyday vocabulary.

Video is below. Enjoy!

[youtube 14FbmDpoTdE nolink]

Cheers,

Alan

Don’t be surprised when one euro equals one dollar!

Don’t be surprised when one euro equals one dollar… it could happen.

As everyone in the Western World knows, Europe has been having its share of major problems. All of Europe’s trials and tribulations have had a dramatic affect on the performance of the euro, recently putting it under severe pressure.

http://www.ino.com/info/557/CD3336/&dp=0&l=0&campaignid=3

Unlike the United States, where we can print money and inflate ourselves out of most problems, the Eurozone is accountable to the 16 nations who gave up their own currency to join.

I have had a lot of calls and e-mails about doing a video on the euro, so I looked at the markets and made a video to share my thoughts with you.

In my latest video I’ll explain how our “Trade Triangle” technology has been very accurate since the beginning of the year for the euro. Although we’ve nailed the market thus far, it leads to the big question: Have we seen the euro bottom out?

http://www.ino.com/info/557/CD3336/&dp=0&l=0&campaignid=3

I hope my new video answers that question and highlights some of the reasons why I believe we could be seeing some strong opportunities in this market.

The video is available for viewing now and there is no charge or registration requirement.

If you’d like to comment on this video, please visit the Trader’sBlog at the end of the video to make your views known.

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub