We have included the following indices and stocks. SIF2, SIF5, BRD, ERST, TGN. BET, BETFI, BETNG, BETXT, SNP. Based on reader feedback we will be carrying SUB MINOR ALPHA trades (2-3 days) on our intra day offer TICKS. If you are a short term trader ask for a free trial of TICKS.ROM. Looking forward to your feedback, suggestions and clarifications.

Enjoy the latest ALPHA.ROM

DOWNLOAD THE REPORT ALPHA.ROM.170809

LONG ONLY – ROMANIA

ALPHA is a pair trading, long only and short only strategy product based on TIME fractals.  Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.

TIME ARBITRAGE portfolio has five pairs now viz. BRD-BET, BETXT-SNP, SIF2-SIF5, BRD-BETXT, BET-SNP. The above tracker will be updated on a daily basis. The freshly opened trades will have the shortest holding periods. The type of trade will be depicted in the degree i.e. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). The legs should be risk weighted before any implementation. We are assuming a running stop loss of 4% per traded pair. BRD/BET means LONG BRD, SHORT BET. This also means +A-B. When the pair inverts to BET/BRD, it would mean SHORT BRD, LONG BET meaning -A+B.

LONG ONLY, SHORT ONLY portfolio covers SIF2, SIF5, BRD, ERST, TGN. BET, BETFI, BETNG, BETXT, SNP.

STOP LOSS AND EXITS are activated at 4%

ORPHEUS RESEARCH AT REUTERS – UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS – USA

There are many stories one may read about BETNG (The Romanian energy and utility Index) and TRANSGAZ (TGN). A majority of the stories will be around the stock and a few around global energy and utility outlook. There are some stories you may never hear. Stories like how did BETNG perform compared to the rest of the market starting the recent JUN top. Stories like how did TGN did against sector peers rarely hit the news. Comparative performance rankings of BETNG with OIL and NAT GAS prices rarely make it to top journals. Why? First, we don’t think pair performance works and one could really profit from such correlated assets like buying BETNG and selling OIL, buying TGN and selling Dafora, buying TGN selling Transelectrica. Second, our mind takes us to conventional strategies linked with naked asset sale and purchase, rarely does it shows us new ways to invest. Third, If these strategies are working there is something mathematical about the markets. Does TIME ARBITRAGE really exist? Now these are some ideas we really can’t come to accept. This is why the above tracker should come as a surprise. Starting 14 JUN top, BETNG outperformed all the other Romanian Indices, registering 8% against BETFI. This means 96% annualized. TGN delivered an average of 9% against TEL, SNP and DAFORA. Nothing comes easy and even this seemingly large returns have a risk associated with it. Risk of valuing the baskets on both sides of the trade as equal. Risk associated with execution both simultaneous entry and exit. The biggest risk however, is linked with our thinking. How can something so simple work?

Simplicity or singleness of approach is a greatly underestimated factor of market success. Garfield Drew

This is a perspective product and not a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. Also please keep in mind, we are just illustrating entry points here. For exit time horizon please subscribe to our weekly ECONOHISTORY product.

Enjoy the latest WAVES.ROM

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WAVES.ROM is a perspective product published on TUESDAY’S and THURSDAY’S. The report highlights Romanian Stock Market top three Equity Indices viz. the top ten blue chip BET Index (.BETI), BET Composite (.BETC), the Financial Index BETFI (.BETFI) and the local currency RON (EURRON=, RON=). The products covers the top ten BET component stocks. (ROMP.BX, SNPP.BX, BATR.BX, BRDX.BX, TSEL.BX, ATBE.BX, BRKU.BX, BIOF.BX, IMPT.BX, TUBU.BX) and all the components of BETFI Financial Index(SIF2.BX, SIF5.BX, SIF3.BX, SIF1.BX, SIF4.BX) are covered in the report. The product highlights Primary (Multi Month) and Intermediate (Multi Week) price trends. The report illustrates key price levels, price targets, price projections and time turn windows. The product uses Elliott waves, traditional technical analysis tools, sentiment indicators and other alternative research tools like INTERMARKET to spot outperformers. WAVES.ROM, CHANNELS.BVB and CHANNELS.RASDAQ are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers all the BVB and RASDAQ stocks.

REUTERS COVERAGE .BETFI, TUBU.BX, TSEL.BX, SNPP.BX, SIF5.BX, SIF4.BX, SIF3.BX, SIF2.BX, SIF1.BX, ROMP.BX, IMPT.BX, BRKU.BX, BRDX.BX, BIOF.BX, BATR.BX, ATBE.BX

ORPHEUS RESEARCH AT REUTERS – UNITED KINGDOM

ORPHEUS RESEARCH AT REUTERS – USA