Short Trading Videos: How To Determine MARKET TREND & How To Use FIBONACCI To Measure Market Retracement

Just wanna share some short trading videos that could be helpful for the readers here, particularly for the beginners, to learn few quick, simple yet practical trading tips.
Here they are & enjoy:

1) HOW TO DETERMINE MARKET TREND

This five minute video shows some techniques on how determine market trend:
* How to determine a downtrend.
* How to determine an uptrend.
* How to determine when a market is making a change of direction.

As you can see in the video, one of the key components to look out for is how a market closes on a Friday or the last trading day of the week. Because this is when traders have to decide what they want to do with their positions, and it can also tell you with a high degree of probability which way the market is headed for the upcoming week.
Watch this video HERE.

2) EXAMPLE ON HOW TO USE FIBONACCI TO MEASURE RETRACEMENT

This short video shows an example how to use Fibonacci tools to predict / measure the upward retracement during this downtrend period in the Dow Jones Index (as at 1 Dec 2008).
In addition, the video also shares some analysis & prediction on what and how you’re going to approach the markets in 2009.
To watch this video, just click HERE.

Related Topics:
* FREE Trading Educational Videos You Should Not Miss
* Learning Candlestick Charts
* Learning Charts Patterns