Article by Alino

Another question that is often asked by aspiring traders is “What kind of trading approachshould I use – day trading, swing trading, position trading? How many indicators should Iuse? Should I follow the TV news channels?…”If you are facing similar dilemmas let me try to make an analogy. If you were attacked ina dark alley and you felt that your life was in real danger what kind of defence techniquewould you attempt to use. Would you attempt to kick your assailant with some fancykung fu move that you saw in a movie? Or would you use some basic but brutallyeffective “knee to the groin”, “thumb to the eye” technique that is easy to implement andthat you are 100% certain will have an effect? When you have your hard earned moneyriding on your trades maybe your life is not at stake but your and your family’s livelihoodis. The goal of all the other traders in the market is to take your money. And if you aregoing to play around with some fancy tools and indicators that you don’t even understandyou can be assured that your hard earned money will be paying someone’s BMW leasepayments.

If you want to get to the top of the forex market “food chain” you have come tothe right place. The strategy that we are about to reveal to you is a completelynew, efficient and reliable trading strategy that comes as the result of years offorex market research using sophisticated mathematical methods and is based ona fundamental property of financial markets.

Regardless of how strong a long-term market trend is, the market never moves only in thedirection of the long-term trend – there are always minor movements against the longtermmarket trend. These deviations usually don’t last very long and after them the marketmoves again in the direction of the long-term trend.The major market movements in the direction of the long-term market trend are calledimpulsive waves and the minor market movements against the long-term market trendare called corrective waves.