First presentation: FX strategies, the market and trade ideas
Greg Anderson, Foreign Exchange Strategist at Citi, discusses why the 'small' currencies in the G10 will continue to outperform EUR, USD and JPY, talk about how global imbalances are shrinking, and will share a few of Citi’s strategy teams’ favorite trades at the moment. Greg will also discuss the performance of various quantitative and discretionary styles of FX trading over the last few years.
Second presentation: Building a Technical FX trading strategy
The second part of this seminar will discuss looking beyond basic technical indicators to build a strategy for trading the FX markets. Our speaker will look at indicators to judge both direction and entry points for trades. In addition he will look at how PIA - first allocates a risk level to each trade and how you can determine risk and use this for effective money management. PIA first asserts there is a “European sentiment wave” between 7am-1pm GMT that can be consistently exploited. Max will outline the systematic and structured approach to these sentiment based strategies and the discipline required to construct the trades to exploit them.
Greg Anderson is a senior G10 FX strategist with Citi in New York. He holds a PhD in economics from Brandeis University and is also a CFA charter holder. He has over 12 years experience in FX markets, having worked at Societe Generale, ABN AMRO and BankBoston prior to Citi. He has extensive experience as an analyst of both G10 and EM currencies, but is presently part of Citi’s G10 team. His analysis covers FX implied volatility in addition to spot and forward FX. He is an expert in a variety of different styles of quantitative FX models. He is oft-quoted by Bloomberg, Reuters and the Wall Street Journal and has made many appearances on TV outlets such as CNBC, Bloomberg, BBC and CNN.
Max Knudsen In a career spanning 24 years in the City Max spent 10 years in option sales followed by 14 years in analysis as head of Technical strategy at Swiss Bank Corp, UBS, and Dresdner Kleinwort. In 2007 Max and the technical team left Dresdner and founded PIA-First, a performance based market sentiment research and trading service. Now supported by a team of 17 in the business, PIA-First provide sentiment research to more than 50 financial firms worldwide and back their research trades with their own funds, and capital from their clients (pia-firstcapital.com). Max is also one of the most regular guest analysts on CNBC and as held a regular bi weekly interview since 2002. He specialises in strategies to exploit sentiment for both an intraday and quarterly horizon following a robust systematic discipline. In 2009 Max and the team were voted the best FX Technical Strategy service in the industry and were runners up in 2010. They are currently shortlisted for the same award in 2011