Most Forex traders prefer to apply wave analysis in their daily trading routine. The wave theory was introduced by Ralf Elliot. It is been over 70 years since it was introduced to the world. Since then the practical application of this theory has seen major changes. The theory was reconsidered by many trading experts. However, the essence is still the same.
Still, there are many representatives of the Forex trading community who do recognize the value of the theory in general but do not want to study the theory and apply it because the contemporary version it is based on several rules that seem controversial and hard to learn and apply. There are hundred-page books explaining the theory. That is a lot of information. No wonder that beginning traders do not want to study it.
Anyway, the Elliott wave principle can be really efficient as long as you know who to use it correctly. Luckily, the trading industry keeps evolving, so do the methods and techniques used in Forex trading. Thanks to ’s revolutionary discoveries and improvements, you no longer need to learn by heart tons of wave analysis rules. has actually improved the wave theory so as you could learn it within the shortest possible time and be able to successfully apply it. Essentially, the improvement revolves around a few simple rules that are easy to remember and understand.
A few weeks ago, conducted a webinar dedicated to the new wave analysis developed by the academy’s experts.
Wave Analysis: New Approach – Real-Time Efficient Decisions
According to Sergey “RichMan” (a wave analysis expert form ), the webinar was conducted for those who would like to understand the real power of wave analysis and to put it into practice to make sound trading decisions and generate stable decent profits.
The webinar was titled “The Secrets of Masterforex-V’s New Wave Analysis”. It was dedicated mainly to the practical value of the new approach.
Apart from getting valuable information, the webinar allowed the audience to understand how the educational process in is formed. The participants asked questions and received comprehensive answers.
Now let’s go back to the secrets that are said to be of real help to any Forex trader who uses it. In particular, the instructors considered a lot of major issues, including even entry and exit points.
Those who attended the webinar learned how to:
· Use 5 tools introduced by in order to define waves in real time!
· Define the criteria that show the end of any retracement or consolidation.
· Define the wave level of any price move, simultaneously evaluating its potential.
· Find entry points within the existing price range etc.
The say wave analysis is hard to learn and apply. This is because trading classics use too many (sometimes controversial) criteria to define a certain wave pattern. Some classics use over 20 of them for a single pattern. Obviously, it is next to impossible for beginning traders to learn all of it, not to mention any practical application in real time. It is easy to mistaken even if you are a professional wave analyst.
That is why ’s new wave analysis is based on a whole new approach. It is simple, clear and efficient.
The explanation was attended by visual aids to make it easier for beginners to understand the essence behind the new approach. We must confess that all the participants did recognize that Masterforex-V’s new wave analysis definitely has a major competitive edge over the conventional one.
So, if you are interested in the new revolutionary approach to wave analysis, you are welcome to visit ’s forum for traders and investors.
