Sunday, February 7, 2010

A wonder to behold

Through February 10, EWI is offering free access to their Forex and Currency forecasts.  Although I am fairly new to currency trading, I am familiar with the work of Jim Martens, Senior Currency Analyst at EWI and believe he is one of the most skilled and effective analysts at EWI, second only to Robert Prechter himself.  His educational videos available at EWI are some of the very best tutorials on Elliott Wave I have ever seen.   In other words, whether you trade currencies or not, Martens' work is well worth the time and/or commitment needed to better understand EW analysis and in particular the opportunities that are being presented this year across global financial markets.


The chart below is from Martens' end of day analysis this past Friday. Accompanying the chart within the service is a video by Martens in which he discusses the pattern of a third wave appearing in both the Euro and US Dollar (opposite third waves, Euro-Down and US Dollar-Up). Although the video covers current patterns in the currencies, perhaps more on point it is a description of the mindset needed to exploit the opportunities presented by imminent third waves.  That is exactly what Robert Prechter is suggesting (more like banging the table) is happening right here, right now in global stock markets.  As evidence mounts that he is correct in this assessment, this video hammers home how investors and traders can and should take advantage of a rare and wonderful wonder to behold.

It is an important video, but the only way to see it is to log into the week of free access being offered by EWI.

When logged in, look for:

Dear Subscribers, let's talk some simple concepts: Third waves. Did we just see one in the EUR/USD? Watch my weekly video for details (Feb. 05, 2010). -- Jim Martens, Senior Currency Strategist.


Simple Concepts: Third Waves (Feb. 05, 2010)






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