By popular demand I start editing book 1 “The secrets of trading art from a professional trader (or what Bill Williams, E. Naiman and others did not tell traders about Forex)”
A separate book can be dedicated to the destiny of this book. The book would be about:
·Those 40 Russian and global brokers and dealing centers (DCs) who forbade their traders to read the book as well as how and why they did it.
·The threats and ultimatums from the first parties well-known to any DC client.
·How the author's nickname was stolen and used to found and name a new dealing center called “Masterforex” (It is a great pleasure to realize that out of the numerous authors of trading systems (from Demark and the author of “Turtles” to Bill Williams, Paramon etc.) MF was the first “to be given such an honor” from DCs).
·No book on Forex was so traduced by the staff of numerous DCs , their forums and introducing brokers (IBs), from the major ForexClub analyst to KROUFR (a committee that governs the relationship between the participants of financial markets) and other “independent” websites.
·Within 4.5 years the most essential goal was reached – The trading system turned into Masterforex-V Internet Academy, a prototype of the world's only fully-functional higher education institution that specializes in traders' professional training.
The internet Academy boasts:
·Over 20 departments (The heads of all the departments are traders (not invited analysts), raised by the Academy, which in some years managed to turn from beginners into traders that own real trading accounts with big deposits. They trade DAILY and give the novices tips and tricks, showing them their trading techniques online. They also keep on searching and developing the core trading method of the department).
·The combination of the new theory of technical analysis (over 100 global discoveries in the field of trading) and DAILY practice (for over 3 years prompts and calculations for current trading have been given on-line).
·The Academy members that win numerous trading contests every month , including public world records of multiplying the contest deposits in the contests arranged by western brokers.
After it became an unquestionable and universally recognized fact the time came to tell you some things that were early to tell 4.5 years ago.
The exact reasons for editing Masterforex-V's book 1.
1. The multiple links placed in book 1 got broken during 4.5 years.
·The DCs removed all the dirt that MF dig up on them in book 1 – links, facts about multiple drawbacks of their work.
·The way out: new facts will be laid open to public including some sensational facts about the “old” DCs as well as about the new ones that were founded within the last 4.5 years.
2. Within 4.5 years from the moment book 1 was released at , over 500.000 letters were received with requests to clarify numerous questions.
·It is the answers to these questions that the new edition will be dedicated to. (The total amount of unique visits to Masterforex-V Academy starting just from the middle of 2006 makes up some tens of millions – see the MAIL.RU counter at the bottom of the page)
3. Within 4.5 years some changes in the Forex market itself took place.
·The changes concerned the form of Forex, not its essence.
·For example, the American session on Friday (as opposed to the market 5-7 years ago) became different. Strong trends are very rare.
·As a result: the essence and regularities, which the origin and progress of STRONG SHORT-TERM trends based on, remains the same, as well as the role of the MF Zone.
·Consequently, the edited chapter of book 1 (2nd edition) will be about the peculiarities of the origin and the progress of a STRONG SHORT-TERM trend and its influence on the MID-TERM trend of the following week.
4. Within 4.5 years Masterforex-V books 2 and 3 were written and released, which include more than hundred global discoveries:
·Which result from the new tools – MF pivots, FZRs (Fractal-Zigzag Reversals), ISFs (Inter-session flats), MF Zones, “The Hound of the Baskervilles” by Elder/MF (or just “The Hound” for short), “The trap for professionals” by Larry William/MF (“The Trap” for short), over 30 discoveries on wave analysis, over 10 discoveries on the interaction of the Allies (allied currency pairs), the TF synthesis (the timeframe synthesis), discoveries on fundamental analysis etc.
·Using the above-mentioned discoveries of MF TS one can easily decode the unsolved riddles of the world's Forex trading champion Larry Williams, Demark, Luka, Shwager, Murphy, Naiman, Bill Williams, Prechter, Vozny, Nili, Fisher, Hartley, etc. and gain an extra advantage in forex trading. –see Book 2 Technical analysis in forex trading system Masterforex-V
·Consequently, a comparative method can be applied to compare methods and methodology of MF's TS and Classic's TF on each item (question). Yet hundreds of examples from the daily trading at the Academy can be cited to show how the discoveries help to trade at Forex for real (A special Higher Education Department was founded at the Academy, each special course of which is a brief overview of a certain classic's trading system followed by founding mistakes and unsolved riddles, solving them with the help of MF TS, optimizing the system and applying it to the current trading).
·The 2nd edition of book 1 is dedicated to the new Forex analysis tools and the results of their application.
5. A range of items in the old edition of book 1 stopped being urgent in the new conditions.
For Example
·Passing through the basic (introductory) courses with any DC or reading Murphy and Naiman's books on Forex before signing up for the Academy training is no longer necessary. So are the links to the courses.
·The reason why – the Forex trading school for beginners was founded under Masterforex-V Academy, where you can start training from scratch. (the materials of 2 out of 12 lessons lay open to public in book 2)
· Granting free access to these materials is not accidental. Each applicant for the Academy must understand how high the starting level of training is required just to do demo trading. Yet, a more serious level of training is required when it comes to professional training at the Academy before opening a real trading account.
If you are ready to analyze at THIS level of professional skills and apply the theory to DAILY current trading, for each grade there are links to the next level of training as tools for online calculation of each currency pair movement from M1 to W1, MN.
6. DCs and brokers though the eyes of an administrator of the leading internet Forex forum.
·This topic will also be discussed in the new edition for the first time.
·Working as an administrator of Masterforex-V Academy for 4 years let me see many foreign brokers, Russian banks and DCs from a completely different standpoint, that has never been mentioned (and written about) before.
·The essence of what many novice traders believe in while choosing a suitable DC to open a real trading account with…is a product of dirty PR technologies that some brokers use. They are clearly seen by a trading-forum administrator.
·These hidden manipulating-and-cheating techniques used by some DCs and brokers will be also mentioned in the new edition of book 1.
7. Within 3.5 years of work MF-V Academy became a prototype of the world's 1st and only higher education institution that majors in Forex training , the training experience of which I'm going to share with you in the book.
·Tens of departments led by traders (not analysts) that DAILY show online HOW the theory and techniques of technical analysis can be applied to the current trading.
·The departments are founded basing on the unique areas that do not have analogs in the world.
For example
The Department of NON-Elliot wave analysis (for the first time in the world the algorithm is given as well as a whole school (area of study) with DAILY practice of NON-Elliot wave analysis)
The Department of SHORT-TERM trading on m1 (2)-m5 (with online demonstrations of 10-15 deals a day using the new algorithm of tech analysis of m1-m2, with the world's 99% traders considering m1-m2 movements to be a meaningless “market noise” ).
The Department of Mid-term trading and GTMT patterns (GTMT stands for the graphic training in MID-TERM trading ) (for the first time in the world a SORT-TERM trend on m1,m2,m5,m15 is seen as a part of a MID-TERM trend on h1-h4, with the explanation of each trend movement on the senior timeframe and online trading recommendations)
The Department of LONG-TERM trading and Nili's wave analysis (with unique techniques of calculating the end and the reversal of LONG-TERM trends for each of the 200 Forex currency pairs).
The Options Department (the head of the department is a translator and a good friend of Kenneth Trester's, a famous American author of the book on option trading techniques called "Option Trading Secrets” . Jurij Vladimirovich has the author's official permission for the translation of Trester's book as well as his gratitude
The department of Volume trading basing on CME (Chicago Mercantile Exchange) and the CME electronic trading system GLOBEX
The Department of channel trading
The Department of statistics and money management (the systematization of all the classic methods of money management, their optimization for trends and flats, the volatility statistics of Forex currency pairs).
The Department of the development of new Forex indicators (headed by some professional programmers (and traders at the same time) who developed and collected over 1000 unique indicators, many of which are re-sold on the net while being free for the Academy members)
The Department of Psychology (headed by a trader- psychiatrist )
The Department of the legal issues of trading (headed by professional traders and jurists)
The Department of Investments (in April 2008 members of the department (simultaneously with Soros ) recommended all the members of the Academy to stop investing and withdraw all their money from the banks before the incoming world economic crisis when all indices in the world were growing. When may one resume investing? What economic sectors it is better to invest in? These are the fields of search, development and work of the department, which doesn't have analogs in the world)
The Department of Currency Options
The 12-grade school under the Academy (basic Forex training )
The Higher School of the Academy
The preparatory department (school) of the Academy
Etc.
8. The successes of Masterforex-V Academy members for the first 3.5 years
·Over 3000 students from 50 countries of the world have a daily workout (training) at the Academy, break world records trading with western brokers and publicly increasing the deposits from 10 thousands to some millions in a month (follow the link to see the students' contest statements and other students' statements)
·The testimonials of more than 1000 MF's students
·Some DCs won't let MF's students withdraw the gained profit
·Masterforex-V's books and articles became the only training aids on Forex, the mentioning and studying of which is banned by many DCs and brokers
What are the ingredients of a trader's success in Forex trading?
·When there are hundreds of students that in 1,5-3 years managed to get up from scratch to the level of managing healthy bank accounts and when the regularities of ALL successful students of the Academy are clearly seen.
·When the inverse regularities (the same that the legendary “Turtles” had) are seen, when having equal training conditions, NOT all the students are able to become successful traders by the reasons NOT related to either tech and fundamental analysis or money management.
All the above-mentioned regularities and other significant issues will be discussed in the new (2nd) edition of Masterforex-V's book 1.
Chapter 1 - The 1st delusion of 97% of traders in the world. Predators and preys at Forex. >>>
Part II - Masterforex-V's Trading System and new technical analysis. >>>
Book 2. Technical analysis in the Masterforex-V Trading System >>>
You can sign up for the free mailing of the new chapters of books 1 and 2 at the foot of the main page of Masterforex-V website
