Trading With PIA
PIA- First has an established and successful track record in accurately forecasting the direction of market sentiment and identifying profitable trading opportunities based on our analysis. For 7 years as an Investment bank research team we maintained a success rate of 7/10 in our published calls. This success was in accurately forecasting the direction, timing and size of price changes.
While many clients use our forecasts to optimise the timing of their trades and hedge financial transactions, many also take trading positions based on our calls. Each PIA recommendation contains all the important criteria on which to base a specific trade.
As an example this is the above information as published in our trade recommendation for EURUSD on Friday 18th January.
Download a PDF of this explanation by clicking the PDF icon below:
- The headline of the call: Specifies the direction of the price change forecast and whether to buy or sell.
- Confidence rating: Quantifying the confidence we have that the recommendation will be successful.
- Profit targets: 3 specific target levels that we expect prices to trade to
- Risk/Stop: The risk to the buy or sell recommendation and where to close out the trade
- Analysis: Key sentiment analysis underlying the trade
- Real time updates: As necessary real time updates are published to change risk levels, targets, or to close out recommendations.
Trading With PIA Daily Calls
These calls are the most practical to trade due to their high frequency and real time updates.
- 52 daily trade recommendations each week in 13 currency pairs and cross rates
- 24 daily recommendations each week in 6 Equity Indices futures
- 16 Daily recommendations each week in 4 Bond futures markets
Over the past 8 years our expertise and experience has been in forecasting the net direction of price changes for the European morning so our clients can know with confidence what possible opportunities trading will provide. You can use our calls to improve the timing of the deals you already plan to do or to specifically enter a trade based on our recommendation. All are daily calls are therefore aimed at correctly forecasting the market between a 7am-1pm window in London time. The performance tables and hit ratio's of all our European calls reflect this.
Suggested criteria for trading with PIA Calls:
- All calls are entered into at the 7am opening price
- The stop level is the specified risk level to the call
- Breaking the first target is confirmation that the recommendation is performing as forecast
- The 2nd target is the take some/all profit level
- The 3rd target is the take remaining profit level
- If the trade is in profit but not met targets by 1pm it is closed out at the 1pm.price
- Exceptions:
- If a trade is unprofitable at 1pm but has not been stopped out it is run until 4pm
- If at 1pm a trade is unchanged from the opening level it is run until 4pm
Why is 1pm our cut off point?
Dues to the release of US economic data from 1.30pm onwards, and US related news and developments, sentiment in the US trading session may change from the sentiment that dominated in the European morning.
Example
This is a real example taken from the London trading session in EURUSD in the week of the 10th December. Daily calls are published Tuesday-Friday. The table shows the published calls each day, the degree of confidence in the call, the 7am opening price and 1pm closing price, the maximum gain based on our criteria, and whether the call was a hit or a miss.
| DATE | EURUSD FORECAST | CF | CORRECT | Price @ 7am | Price @ 1pm | Max Change |
|---|---|---|---|---|---|---|
| 11/12/2007 | Very Cautious Sell below 1.4772 | 65% | 1 | 1.4725 | 1.466 | +65 |
| 12/12/2007 | Cautious buy above 146.40 | 70% | 0 | 1.4688 | 1.4672 | -16 |
| 13/12/2007 | Trade a Break of 1.4640 or 1.4749 | 75% | 1 | 1.4709 | 1.4682 | +27 |
| 14/12/2007 | Sell below 1.4692 | 75% | 1 | 1.4645 | 1.4495 | +150 |
FTSE and US markets
Due to the later opening time the trading window for our calls in FTSE is from 8am -1pm, and in US markets ( S&P, NASDAQ, DOW, T Notes) it is from the days open to the days close.
Weekly calls
The exact same criteria applies to trading with our weekly calls with the exception that the time horizon the forecast covers is from 7am Monday morning – 1pm Friday.( Open – close for US markets). Trades are entered from 7am Monday, and the trade will be successful if it either meets the 2nd target over the week or is still profitable by 1pm Friday when we automatically recommend closing out the trade. The stop level for the trade is the risk level used in the weekly call. Every week there is a trading recommendation for each of the 26 markets we cover in FX, Equity Indices and Interest rate futures.
Assessing our Calls
We don't expect you to take our word for it. To the contrary we invite you to check the accuracy of our calls for yourself. Simply take a 2 week free assessment of PIA first. For those two weeks check our daily calls with reference to the 7am-1pm window. During this assessment period you will have access to all our monthly past performance reports, as well as the performance records of the daily calls during your trial assessment. These are updated daily. If after that you would like to subscribe to our research we will send you the necessary details.
Risk Warning
The information provided by Price Information Advantage Limited is for your general use and is not intended to address your particular requirements. Appropriate independent advice should be obtained before making any investment decisions. Price Information Advantage Limited do not arrange the buying or selling of investments. Any arrangement made between you and any third party Broker to arrange a purchase or sale of an asset class is at your sole risk and responsibility. Trading in FOREX / Equity Indices and Interest Rate Futures is not suitable for inexperienced investors. You should carefully consider whether trading is appropriate for you in the light of your experience, objectives, financial resources and other relevant circumstances. The market recommendations that we provide do not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell, any FOREX / Equity Indices Futures or Interest Rate Futures Contracts. Whether a Contract or other transaction is appropriate or proper for you is an independent decision by you. Our market recommendations are based solely on the judgment of our personnel. Our market recommendations are based upon information believed to be reliable, but we cannot and do not guarantee the accuracy or completeness thereof or represent that following such recommendations will reduce or eliminate the risk inherent in FOREX / Equity Indices & Interest Rate Futures trading. There are no guarantees of profit or freedom from loss in FOREX / Equity Indices & Interest Rate Futures trading. We offer no guarantees from us or from any of our representatives. You are aware of the risks inherent in FOREX / Equity Indices & Interest Rate Futures and have to be financially able to bear such risks and withstand any losses incurred. This site is not intended for use by any person in any country where such use would be contrary to local law or regulation. It is the responsibility of visitors to this Web site to ascertain the terms of and comply with any local law or regulation to which they or the trades they undertake are subject. Past performance is not necessarily a guide to future performance. Price Information Advantage Limited and any connected companies and/or officers and employees of those companies may have a position in, or engage in transactions in any of the asset classes mentioned or in related securities.