Larry Pesavento is a very respected market technician who has been trading since the 70's. Here we talk about why he things pattern recognition systems like Elliott Wave and Fibonacci work well, especially in the currency markets. He also talks about where he thinks the market is headed over the next few weeks and why. Larry is a master teacher as well, training hundreds of traders pattern recognition at TradingTutor.com and has written several books including Fibonacci Ratios with Pattern Recognition and Profitable Patterns for Stock Trading. But make no mistake, Larry is a die-hard trader first and author/teacher second.
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