5D
FIRST Smart Company Information
About
The 5D FIRST Smart Company
FIRST is a computer system that is especially designed to forecast
intra-day price movements of the financial markets. The program
is a result of research into the behaviour of market participants
when the market price approaches predetermined price levels generally
termed resistance or support.
FIRST
is based on the market hypothesis - "The market moves in
accordance to the fixed laws of computable numbers involving price
and time. If these numbers are known in advance then the future
direction of the market can be determined accurately".
FIRST
computes daily price targets (resistance/support) for a given market
and analyses the trader reaction when the market approaches these
target levels.
FIRST
is a unique concept that is particularly suited for futures markets
and has been successfully applied to several futures markets (e.g.
Dax, FTSE, EuroStoxx, German Bund, Bobl, Long Gilts, Nasdaq, S&P,
T-Bonds).
FIRST
is a mathematical tool for modelling market behaviour. It relies
entirely on historical data for its computations. It does not take
into account any fundamental financial and/or economic factors (interest
rates, inflation, unemployment etc.). Because, it is believed that
in liquid markets where adequate data is available, technical analysis
is more appropriate than fundamental analysis over shorter time
frames (e.g. a day). However, over a longer time period (e.g. several
months) it may not be possible to ignore the influence of fundamental
factors.
FIRST
provides highly selective and filtered information for the next
trading opportunity. Its aim is to provide experienced traders with
critical price information as a decision support tool. However,
futures markets are prone to rapid movement and sudden changes of
direction. As a result, every trade should be protected with an
appropriate stop-loss and the user must be prepared to act without
delay if and when unexpected price behaviour is observed.
FIRST
also incorporate a unique proprietary trade management system.
Head
Office:
5D Limited
Winnington Hall
Northwich,
Cheshire
CW8 4DU
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