Robert Prechter – Elliott Waves Winning Strategies for Timing Entry & Exit

Robert Prechter – Elliott Waves Winning Strategies for Timing Entry & Exit

Course Detail

Salepage: Robert Prechter – Elliott Waves Winning Strategies for Timing Entry & Exit

Product Description

Gain unparalleled insight into using the power and performance of wave theory to precisely time your market moves, with Robert Prechter’s groundbreaking new workshop. The NY Times bestselling author and “Trader’s Hall of Fame” winner presents 2 hours of thought-provoking techniques and startlingly accurate strategies that will help you harness the predictable signals in the marketplace, and use them to your trading advantage. This all-encompassing technical approach to reading and trading the markets has proved consistently successful over decades, in good times and bad.

Be it bear or bull market – no one is more renowned at educating the investing public on the “wave” technique than The Elliott Wave Theorist’s Bob Prechter. In clear, concise, and convincing terms he presents: – The basics of Wave Forms – How to apply the 5-part Wave pattern to a variety of indices – Keys for identifying market lows ripe for buying (or covering shorts) and market highs suitable for selling.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

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