GENEVA, SWITZERLAND, December 13, 2009 /24-7PressRelease/ -- The Moroccan Market wizard, El Mostafa Belkhayate, winner of the 2009 Gold Trophy of Technical Analysis, believes so, and he is about to launch a Technological revolution in Forex.
Using a black-box program that is logged 24 hours directly into the interbank exchange, the Belkhayate Mathex system is an automatic currency trading platform based solely on the Mathematics and dynamics of Time.
Belkhayate described his basic assumption «We assume that the stock market is unpredictable, so this system does not seek to identify trends or movements of momentum, but on studying the behavior of a currency against another". The system will automatically make purchase and sell orders for his clients who can watch real time rapid execution of trades.
The system buys and sell at the same time four currencies (euro, dollar, yen and pound), which prevents the portfolio from having a significant loss. The system will buy for example at the same time the Euro / Dollar and Pound / Yen exchange rates and then sell the Dollar / Yen and Euro / Pound. It calculates the optimum exposure for each pair to maximize profits. The system arbitrates currencies relative to each other.
A system key is the corridor 30 minutes before the opening of the main financial centers: the pairs converge to their own center of gravity as to prepare for high volatility.
The system then calculates in real time the deviation between the price of a pair and its center of gravity compared to that of 3 other pairs and builds a trade after calculating in advance the expected gain.
Once market movement shows a delay or advance relative to normal historical behavior, the position is closed by taking quick profits, however small they are.
Therefore, proclaims the system architect, "this mathematical system is a challenge to the conventional notion of risk in the foreign exchange market".
In testing since April, Mathex has issued a strong performance, with steady gains for risk taking much less than that achieved in other traditional markets.
Belkhayate Asset Management is looking for an exclusive agent per country in the Middle East.
Press Contact:
El Mostafa Belkhayate
[email protected]
Tel: +212 661 333 013
www.belkhayate.ma
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