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. Watch Elliott Wave International’s Senior Forex Trading Strategist, Jim Martens, as he 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.

Watch more free Elliott wave videos here: http://www.elliottwave.com/wave/yt113007

Duration : 0:10:55

Technorati Tags: cable, dollar, Elliott, euro, forex, Index, News, pound, trading, U.S., wave

BEST FOREX Day trading ABCD Fibonacci Pattern automatic bar best course currency day daytrading demonstration dollar earn easy education euro exchange fibonacci foreign forex fortune futures fx how income inside invest investment learn lesson market markets fxKnight training Black Knight scalping signals software stocks strategies strategy system

Duration : 0:5:49

Technorati Tags: ABCD, automatic, bar, best, Black, course, currency, day, daytrading, demonstration, dollar, earn, easy, education, euro, exchange, fibonacci, Foreign, forex, fortune, Futures, fx, fxKnight, how, income, inside, invest, investment, Knight, learn, lesson, market, markets, pattern, scalping, signals, software, stocks, strategies, strategy, system, trading, training

On the USD/CAD, 4h charts, we see a strong, consistent downtrend. For this situation – a strong existing trend – we look for Hidden Divergences. According to our “Rules of Thumb” for Divergences, we use Fibonacci Fans and Fibonacci Expansions to determine our entry points and targets, respectively.

So far prices are heading well into the range of our target and are still going strong. The point of this exercise is – we have been taking decent trades in the Live Trading Room, because we have been applying the right strategy for the right situation, according to our methodology. Any upwards pullback in such cases would be seen as simply an excuse for a better position.

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Next, lets have a look at the GBP/JPY. This is another example of the correct tool being used in the right situation – namely, the CCI. We strongly believe in using CCI trendline breaks for confirmations of our entries. In this case, the CCI has given us a confirmation of a Bearish Divergence.

The CCI is the right tool for the job, because while we also saw a similar Divergence on the Stochastics, the CCI gave us resistance on a trendline, giving us an exact signal to enter Short!

Following up this trade on a shorter timeframe, we used our Fibonacci Fans, expecting price to come down along the fan channels, to our targets. The lesson is – if you are Short in a situation like this, expect price to come down to a certain fan level.Our subscribers were confident of the exit targets.

As we say often here in the Live Trading Room – exits are much more important than entries – if you don’t know how to exit well, you could end up giving up all your accumulated profits.

We’ll wrap up the recap for today with a followup on the USD/JPY from previous recaps. On the daily timeframe, we are following the breakout of a bullish Triangle formation towards the upside, and are still Long in a trade. The price is proceeding slowly and steadily upwards towards our targets. This has been a very decent technical trade so far, accumulating good profits.

Learn more about the Live Trading Room at http://www.fxinstructor.com

Duration : 0:4:8

Technorati Tags: 4x, currency, dollar, euro, forecast, forex, fx, money, Profits, traders, trading, training

Duration : 0:6:20

Technorati Tags: analysis, currency, dollar, ECB, education, euro, fed, forex, free, fx, gold, News, oil, rate, trading, Video

Duration : 0:9:40

Technorati Tags: analysis, Bootcamp, candlestick, Channel, commentary, currency, dailyfx, dollar, education, Elliott, EMA, euro, farm, forex, fundamental, fx, fxcm, fxtrainingzone, gbp, gbpusd, lesson, levels, Live, MACD, market, metatrader, momentum, mt4, NFP, non, pattern, payrolls, price, resistance, retracement, reviews, sion, SMA, smith, support, swing, technical, trade, trading, training, trend, trendline, usd, volume, wave, youtube

Duration : 0:5:49

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Took on the wrong trade here, think its important you guys learn that you will always have losing trades, I have also explained how you could have made money. (02/10/2009)

Duration : 0:10:18

Technorati Tags: analysis, Bootcamp, candlestick, Channel, commentary, currency, dailyfx, dollar, education, Elliott, EMA, euro, farm, forex, fundamental, fx, fxcm, fxtrainingzone, gbp, gbpusd, lesson, levels, Live, MACD, market, metatrader, momentum, mt4, NFP, non, pattern, payrolls, price, resistance, retracement, reviews, sion, SMA, smith, support, swing, technical, trade, trading, training, trend, trendline, usd, volume, wave

Produced by: DailyFX.com Daily wrap-up of the US Forex market trading session with DailyFX Currency Strategist John Kicklighter. Includes coverage of economic and financial market news, as well as an outlook for the next 24 hours and trading ideas

Duration : 0:9:50

Technorati Tags: australian dollar, canadian dollar, currency, dailyfx, euro, euro dollar, eurusd, Foreign Exchange, forex, forex capital markets, forex trading, franc, fx, fxcm, gbpusd, japanese yen, money, new zealand dollar, swiss franc, Trades, trading, us dollar, usdjpy

Duration : 0:0:59

Technorati Tags: 20, aandelen, aardgas, aex, analyse, analysis, ava, bands, betrouwbaar, beurs, beursboeken, beursfilms, bollinger, bonus, broker, brokers, btrader, commodity, currencies, daghandel, daytrading, deposit, etoro, eur, euro, eurusd, exchange, finexo, forex, forexyard, free, fx, gas, geld, gold, goud, gratis, grondstoffen, loss, make, metatrader4, money, nasdaq, no, oil, olie, plus500, review, reviews, stock, stop, stortings, street, technical, technische, usd, valuta, verdienen, wall

Duration : 0:9:29

Technorati Tags: australian dollar, canadian dollar, currency, dollar, euro, forex, fx, gold, new zealand dollar, resistance, short, support, trading