How to Trade Forex With the Elliott Wave Model: Lessons in Real-Time Trading

How to Trade Forex With the Elliott Wave Model Lessons in Real-Time Trading
01
Aug
$89.00

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How to Trade Forex With the Elliott Wave Model: Lessons in Real-Time Trading

How to Trade Forex With the Elliott Wave Model: Lessons in Real-Time Trading

How to Trade Forex With the Elliott Wave Model: Lessons in Real-Time Trading

Sale page: http://www.elliottwave.com/Video/How-to-Trade-Forex-With-the-Elliott-Wave-Model—Lessons-in-Real-Time-Trading

Learn to apply Jim’s easy-to-grasp trading techniques

This is your chance to learn to apply Jim’s time-tested trading techniques to your trading. Jim proves to you that trading with Elliott waves doesn’t have to be complicated. With only three hard-and-fast rules, Jim boils the Wave Principle down to the need-to-know basics that will help any trader become an Elliott wave trader.

Order this 90-minute video now and learn how Jim’s simple approach to finding high-confidence trade setups using the Wave Principle, combined with the tips and tricks learned over 20 years of trading, can help maximize your forex trading.

Here’s what you’ll learn:

  • How to identify trends and countertrends across multiple time frames using the Wave Principle
  • How to spot Jim’s favorite high-confidence trade setups
  • How to put your trade plan into action – including your entry, exit, targets and stop levels – using wave analysis and Fibonacci relationships
  • How to manage risk with the Wave Principle’s built-in rules and guidelines
  • How to use mainstream news and cross-market analysis to give your forex trading a unique advantage

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

Salepage : How to Trade Forex With the Elliott Wave Model: Lessons in Real-Time Trading

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