Fx Trading

1. Welcome to Website: - http://pia-first.co.uk/

2. Our Methodology • Each of our expert analysts covers multiple asset classes - Forex, Equity Indices, Commodities and Fixed Income - and applies technical analysis methods that are appropriate to each asset type: The techniques that can be applied to Equity Indices may not work for spot FX. Therefore the analysis method used by each analyst has the same overall objective which is met by using slightly different techniques. Additionally, at PIA First we 'overlay' our own unique bespoke system which highlights areas of support and resistance, essential knowledge when trading any market. • Technical analysis is the study of price and volume with the sole aim of forecasting future price movements. Our analysis reports look at these variables together with various indicators, which are mathematical transformations of price, in order to verify whether a market is trending or trading; is controlled by willing buyers or anxious sellers; is subdued or has over-reacted. We identify areas of support and resistance, trend lines, patterns and other variables. We deliver you all this information in our easy to read report along with a clear, actionable trading strategy based on our analytical views.

3. PIA-First wins the Best Independent Research House for FX!!!

4. Analysis:- Buy or Sell trading ideas are published with specified trigger levels, target levels and an accompanying stop loss level. Our ideas are formulated with 2 profit target levels which may be adjusted as directed in updates. Methodology behind our analysis is for taking profit on 75% of a position at the 1st target level. For performance purposes, profit is calculated to the 1st target only. • The Platform: -PIA-First analysis and trading strategies are delivered on our proprietary and easy-to-use online platform. It is designed to allow clients' to quickly access our award winning financial research and to receive our time sensitive trading strategy updates. We have listened to our clients' feedback and this has helped us to develop what we believe to be a better subscriber dashboard to give you an improved analysis experience. • Products: -We offer more than 25 financial products packaged within different asset groups for easy reference. Products can be selected or de-selected within the preference section of the dashboard.

5. Performance Report • Check our Profit and Loss report updated monthly: -We publish the performance of our daily trading strategies so you can see how well our trade ideas have performed on a theoretical basis. Each trading strategy and its updates are date & time stamped via the email delivery service and recorded via the market price at that time. Using our performance methodology detailed below, we calculate the performance for every daily predictive strategy that we publish. Historic performance is recorded in our pips table demonstrating a total points theoretical points return per month since May 2008. • Performance report calculation : -The Entry Level/Trigger is taken from a fusion of ASPEN, Saxo & IG Market charting packages. As our performance is theoretical, in an attempt to achieve a fair reflection, we consult with multiple platforms (Exchange, CFD & Spread-betting) A trade is considered open when prices on any platform have traded within a tick of the trigger price. A winning trade is considered closed when prices on any platform have traded within a tick of the target price. A losing trade is considered closed when prices on any platform have traded a tick through the stop price. A trade is considered closed at the price at 21:00 hrs (UK) or 06:00 hrs UK for Asian/Pacific, when prices on any platform have not achieved target or stop price.