Home > Currencies
(Video) USDJPY: Basic Elliott Can Be Quite Powerful
You don't have to complicate wave analysis to make it useful in forex
 |
 |
By Vadim Pokhlebkin
Thu, 10 Mar 2011 17:00:00 ET |
|
|
Usually at least once a week, Elliott Wave International's Senior Currency Strategist Jim Martens records a video update for his Currency Specialty Service subscribers.
On Friday, March 4, Jim recorded the following short-term bearish, longer-term bullish video forecast for the USDJPY.
Watch it now to see how Jim uses basic Elliott wave analysis to forecast the trends.
*********************
See what over 40 years of market experience can do for your forex trading!
Learn from two of EWI's top trading instructors -- without the travel headaches --
in an intensive ONLINE experience. EWI senior analysts, Jim Martens and Jeffrey Kennedy, will give you a front-row seat to their entire thought process and all the benefits of their extensive market experience.
You'll learn how to:
- Pick the most tradeable forex markets
- Identify the trend
- Time your entry, exits and re-entry
- Set your stop-loss
- Identify 5 key components of a high-probability trade set-up
- Apply Wave Principle as a trading methodology
- And more