The foreign exchange market, also known as the forex market, facilitates the buying and selling of currencies around the world. Like stocks, the end goal of forex trading is to yield a net profit by buying low and selling high. Forex traders have the advantage of choosing a handful of currencies over stock traders who must parse thousands of companies and sectors. In terms of trading volume, forex markets are the largest in the world. Due to high trading volume, forex assets are classified as highly liquid assets. The majority of foreign exchange trades consist of spot transactions, forwards, foreign exchange swaps, currency swaps and options. However as a leveraged product there is plenty of risk associated with forex trades that can result in substantial losses.
Sometimes trades just don’t work out. It is human nature to want to be right, but sometimes we just aren’t. As a trader, sometimes you have just to be wrong and move on, instead of clinging to the idea of being right and ending up with a blown account.
However interestingly – challenging the accuracy of the biggest Forex traders & Portfolio Managers, Piyush Ratnu, created a proprietary algorithm “Golden Falcon“through which he has achieved an accuracy rate of upto 85% in Forex Trading by trading on highly volatile metal commodity: Spot Gold XAUUSD.
Introduction
Piyush Ratnu is an independent financial market analyst and trader. With more than 15 years of experience as a Financial Market Analyst, Piyush Ratnu held the responsibility of developing and refining a series of algorithms & analytic tools to simplify the trading processes. His tools and algorithms were defined and rated as “unlike tools seen in the market before, extensively designed and most importantly, functional and logical” by some of the top financial companies and analysts at New York, London and Dubai.
Piyush Ratnu holds an experience of 290,000 trades, 1,790,000 pips calculated with a remarkable trading execution rate of 2 trades per second in an ideal scenario with profit booking in less than 8 seconds tracing 60+ pips/trade, as per audited and verified track record of last 15 years.
Core strength:
Economics, Economic Data Analysis, Spot Gold (XAUUSD), USD Majors, SR MTF Range Trading, Chart Patterns, Volume Trading, Day Trading & Position Trading
Trading style:
Fundamental based Intra-day trading.
Analysis based on proprietary algorithm + 90+ parameters.
Core focus: US Futures and XAUUSD | Spot Gold
Motto:
Check our Trading Performance: Click here. Contact for more details and Forex Education.
Current Gains: 160% | Master Account PR10KMT4
Current Gains: 294% | Master Account PR10KMT5
