The objective of the Advisor's Global Tactical Program is to achieve capital appreciation of clients' assets through speculative trading of commodity futures, options on futures, intercommodity futures and options spreads. The Advisor intends to trade futures on a wide variety of commodity interests, both foreign and domestic, including but not limited to stock indices, currencies, financial instruments, energy products, softs, agricultural products, livestock, and metals. At any given time, the Advisor may restrict trading to a limited number of commodity interests based upon the Advisorâ€™s analysis of profit potential. The Advisor carefully considers both technical and fundamental factors when deciding to execute a trade. The Advisor, on a daily (and intraday) basis, analyzes various global futures markets such as interest rates, equity indices, currencies, and commodities. The Advisor will typically develop a trade idea after carefully reviewing key technical and fundamental factors, and subsequently attempt to enter the trade at what the Advisor considers as a technically favorable price.
The Advisor's technical methods include but are not limited to: Price & Indicator divergence, Market Profile imbalances and price projections, Candlestick formations, Trend identification and analysis via moving averages and other tools, Fibonacci levels, and various standard deviation and volatility price bands. The Advisor aims to enter a trade upon identification of multiple technical and fundamental input factors aligning. The Advisor manages the risk of each position relative to the overall portfolio as well as in accordance with market-specific price levels and developments. The Advisor trades in a variety of timeframes; this is mainly due to the unique nature of each opportunity detected by the Advisor. The Advisor utilizes outright futures contracts, futures spreads, as well as option contracts in the Program. The Advisor may buy or sell (write) options on futures contracts as part of the strategy utilized. It is important to note that when naked options are used, they will make up a small portion of the overall portfolio.