EUR/USD: A Great Real-Life Lesson in Elliott Wave Analysis

07/24/2012

EUR/USD: A Great Real-Life Lesson in Elliott Wave Analysis

By Elliott Wave International

About once a week, the editor of EWI's forex-focused Currency Specialty Service Jim Martens records a video for his subscribers.

On Thursday, July 5, with EUR/USD trading in the mid-$1.2400 range, Jim posted the video you see below. Watch as he explains how Elliott wave analysis helped him realize that EUR/USD was on its way to make a new low for 2012 -- before the new round of "bad news" from Europe was subsequently blamed for the euro weakness.

Posted by Better Trader on 07/24/2012 at 10:18 AM in Elliott Wave, EUR/USD, Offers, Technical Analysis | Permalink

Comments

You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

Posted by: |

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:

Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Better Trader

07/24/2012