NewswireToday - /newswire/ -
Las Vegas, NV, United States, 2007/07/13 - Pro Pipper announced the release of their new website. ProPipper.com will feature Forex forecasts, analysis, articles and highlighting the trader lifestyle.
As part of the services, Pro Pipper will offer The New Wave Forex Market Watch service. New Wave employs three components to formulate its forecasts: Elliott Wave Analysis, performed with the Refined Elliott Trader software, or RET (Elliottician), Multiple Time Frame Analysis from daily to five minute time periods and Inter-market Analysis utilizing neural networks to analyze correlation patterns between the target currency and its related commodity, bond and stock index markets.
New Wave looks in great detail at the various wave forms, their internal wave structures and their compliance with the rules of Elliott, and then filters this information through multiple timeframes and the Inter-market Analysis to offer the best forecast possible.
Analyzing the New Wave Methodology will be Scott Mangis, Director of Trading for Pro Pipper.
Scott was the Chief Analyst and Head Trainer for Elliottician, the makers of the Refined Elliott Trader software. Scott started trading stocks and stock options in 1993 before his evolution as an analyst by partnering with an independent futures trader working on various automated trading strategies focused on the S&P e-mini contract in 2003. After a few years as an analyst, Scott began to notice the liquidity and potential the Forex markets had to offer and began designing and testing the trading methodology that is now called New Wave.
Not only will Pro Pipper feature detailed analysis and forecasts based on New Wave analysis, but they will also feature other content important to traders and non-traders alike.
“Traders want more than just forecasts and analysis,” says Ross Yamashita, Managing Member of Pro Pipper. “Pro Pipper will not only offer technical analysis and forecasts. We will also offer interesting articles about the Forex industry and highlight the trader lifestyle.”
Pro Pipper will soon have their analysis featured on FX Street and will offer their forecasting services for free until September 1, 2007.
For more information on the New Wave Methodology or to view one of our forecasts, visit our website.