How to Use the Wave Principle to Boost Your Forex Trading

Download or read book How to Use the Wave Principle to Boost Your Forex Trading written by Jim Martens and published by New Classics Library. This book was released on 2010-07-01 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Elliott wave analysis is something many forex traders use. It's not a crystal ball (what is?), but it helps you accomplish three crucial goals: Identify the trend, stay with it, and know when the trend is likely over. To help you learn this comprehensive method, we have just put together our newest intensive book dedicated to forex trading, "How To Use the Wave Principle to Boost Your Forex Trading." You will learn from one of the best Elliott wave instructors we have Jim Martens, EWI's Senior Currency Strategist. Jim has been practicing Elliott for over two decades. Also - and this is very important - he's not a spring chicken when it comes to trading: Jim spent two years working for Nexus Capital Ltd., a fund affiliated with none other than George Soros. (Google the name if you don't know who that is.) In this powerful 7-lesson book, Jim Martens will share with you valuable, practical tools to help you formulate and execute your own forex trading strategy with Elliott and other tools. Here's what you'll learn: How to identify trade set-ups in currencies How to set protective stops using Elliott to help me manage risk How to set price targets using Elliott wave analysis How to identify a wave pattern in real-time forex trading on your screen How not to be distracted by the news from the real trend What to expect from a market when a wave pattern ends How to combine other market indicators with your Elliott wave analysis How important it is to have a larger perspective of your currency market How to set price targets for waves using Fibonacci numbers How to deal with complex Elliott wave corrections And MORE "