This procedure can be used to "embed" YouTube and other popular videos that are already on the internet, right into your posts. Keep in mind this is not to upload your own video from your computer.
Supported videos include Hulu, YouTube, Vimeo, Dailymotion, Metacafe, Google, and Facebook
Ok, here we go:
Step 1 - Copy the URL of the video to your clipboard (cntrl C)
Step 2 - Click on the (video) icon which is right next to the image icon.
Step 3 - That brings up a pop-up that you paste (cntrl V) your URL of the video into
Step 4 - Click ok
Step 5 - Submit reply
Step 6 - Watch video from embedded preview on screen.
Here are a couple images I made to help you with the video posting process.
A second easy method that accomplishes the same is simply type in the video BB code as follows:
Don't use the spaces I've put in...
[video ]your youtube video url pasted here[/video ]
I put spaces in just to show you the code. Don't use them.