NewsletterPro Forex Opportunities (renamed Forex Hidden Formations)
Question: What does a guy that was born in 1768 got to do with trading?
Answer: A lot, if that guy was the mathematician called Joseph Fourier
NewsletterPro Forex Opportunities (now called Forex Hidden Formations) is using Fourier Transform Algorithms to detect possible future market levels.
We currently offer signals for 4 major currency pairs: EUR/USD, GBP/USD, USD/JPY and AUD/USD.
Wikipedia explains the science behind the Fourier Transform:
"The Fourier transform (FT) decomposes a function of time (a signal) into the frequencies that make it up, in a way similar to how a musical chord can be expressed as the frequencies (or pitches) of its constituent notes.
The Fourier transform of a function of time is itself a complex-valued function of frequency, whose absolute value represents the amount of that frequency present in the original function, and whose complex argument is the phase offset of the basic sinusoid in that frequency.
The Fourier transform is called the frequency domain representation of the original signal. The term Fourier transform refers to both the frequency domain representation and the mathematical operation that associates the frequency domain representation to a function of time."
Effectively it means that a seemingly random price pattern can be broken down into a series/collection of waves and those waves can used to determine possible price moves. An example of a Fourier Transform follows:
"I have noted a significant improvement in the number of winning trades recently … congratulations to all concerned and well done!!"
G.S. - Hampshire, UK
Once a Fourier pattern/wave is found for a currency pair, an BUY or SELL entry level is generated with clear Stop Loss and Take Profit levels. Additionally the recommended lot size per currency pair is shown for 1% of AUM risk.
PLEASE NOTE THAT NEWSLETTERPRO FOREX OPPORTUNITIES HAS BEEN RENAMED FOREX HIDDEN FORMATIONS, PLEASE SEE https://www.investingbetter.co.uk/forex-hidden-formations
Also Forex Hidden Formations provides you with the latest news from Bloomberg, Reuters and CNBC. the economic calendar for the day, individual currency strengths and market sentiment.
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