FOREX VIDEO - ASIAN OUTLOOK MARCH 3 2011

Hi Guys

For todays video, I cover off the process we used during the previous Asia session to perform analysis and trade plan. I think it worked well therefore will be sticking with it a while. Also as part of the video, I build on the previous sessions analysis and look at the USD/JPY. We are approaching significant support.

Have a great trading day.

Regards

Rob Helean

Forex News Daily Video Recap: Euro Stumbles on Ireland, ECB Bond Buying

The main theme today was Euro weakness as there was more worrisome news regarding Ireland and it was revealed that the ECB bought a large amount of bonds last week. The EUR/USD slid from its highs near 1.38. The USD was a bit stronger as US stocks slid, despite some positive US fundamentals in the form of a decent pending home sales report and good levels of capital purchases by US companies in August.

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Forex Market Analyst: Nick Nasad

Elliott Wave Forex Trading: It's Not The News That Matters

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

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