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How to Use Channels In Elliott Wave Theory

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Dec 29 2010

In this time of the year, a lot of traders are away from their trading desks as markets can be very tricky and hard to predict. As such, we at www.ew-forecast.com decided to record an educational video which may help to a lot of traders, especially those who are using an Elliott Wave Principle.

In today’s video we will show you how channels can help you to identify a direction and strength of a market moves, combined with Elliott Wave technique. The most important question in Elliott Theory is: “Is this only a corrective retracement (correction) or start of a new trend (impulse)?! Well, channeling method presented in the video can definitely help you with that, which will also be used on Aud/Usd pair.

VIDEO:


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