By Jim Martens
How to apply the Elliott Wave to Forex Trading
The standard explanation mainstream financial analysts and some forex trading “experts” use when talking about a market move is, “The market did that because of such-and-such news report.” But if you’ve been forex trading long enough, you know that all too often, the market’s reaction to the news is the opposite of what it’s “supposed” to be. In this video Elliott Wave International’s Senior Forex Trading Strategist, Jim Martens, explains that it’s not the news that matters when you’re trading forex — it’s the market’s reaction to the news that does — in this 10-minute forex trading video using the U.S. Dollar Index, Euro / Dollar and Dollar / Pound (cable) charts as examples Jim explains how he correlates Elliott Wave patterns to breaking news so he is prepared to capture the move in the right direction.
