this strategy seems good for long term plays and for those who have got good money in their account ti trade in forex,but for short term traders and those who do not have much balance in their account,would be suggested to follow the political and economic news and trade in the market for short term with stop loss. Wave strategy is part of the technical style of trading in the forex market, but it is an aspect that needs to be properly learned so that you will know how to calculate the wave length, the end and the beginning of one wave andthe other then you will also need to know how to predict where a wave is likely to stop and change direction because that will be the best opportunity to make money from the forex market.