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Forex (Video): How to Use Elliott Wave to Forecast U.S. Dollar
Currencies often display beautiful Elliott wave patterns
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By Vadim Pokhlebkin
Wed, 10 Feb 2010 16:15:00 ET |
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On November 26, 2009, the U.S. dollar did "the impossible": It stopped falling, reversed, and staged a strong rally -- to the complete surprise of the mainstream financial world.
You could have seen this rally coming if: a) You're clairvoyant, or b) You know how to use Elliott wave analysis. EWI's Senior Currency Strategist Jim Martens belongs in the second group.
Every Friday, Jim records a video update for his Currency Specialty Service subscribers. The 5-minute clip you are about to see is from Jim's December 11, 2009, video. (Full version with more in-depth analysis is available now in the Video/Education section of the Service.)
MEET JIM LIVE: On March 27, in Atlanta, GA, Jim Martens is teaching an intensive 1-day forex course, "How to Use the Wave Principle to Maximize Your Forex Trading." Click for details.
In early December, making a bullish call on the USD was all but laughable, to most investors -- yet Jim did it anyway. Watch this 5-minute free clip to find out why.
Tags: U.S. dollar, Elliott Wave Principle