Dighton’s Swiss Futures Trading Program trades in most of the liquid U.S. futures markets like stock indices (especially Mini S&P), bonds and notes, currencies, energies, grains, softs and other liquid commodities.

The fact that Dighton’s trader, Mr. Moiseyev, is monitoring many different markets does not mean he is always invested in a broad array of different commodities. It is possible the trader will invest only in a single market where, in his opinion, exists the highest reward potential. The trader may often establish positions at different times and price levels in a lone market.

Moiseyev, thoroughly analyzes the charts of these markets on a daily basis. Each day, analysis techniques include (but are not limited to) wave analysis (Elliot Wave), W.D. Gann principles (angles), Fibonacci retracements, time cycles, volume, Trix Indicator, divergences, momentum, oscillators, probability models, penetration identification, cyclic analysis, seasonal analysis and pattern analysis.

The Swiss Trading program is dynamic, non-conventional and complex. This program is not a systematic trend-follower but uses the CTA’s discretionary expertise to initiate trades.

In its simplicity, the key to understand the advisor’s trading program is that he doesn’t buy into a market until it is extremely oversold or sell into a market until it is extremely overbought. The program seeks to enter markets near tops and bottoms anticipating turn-around points. In general the trader tries to locate points: where to buy in markets that have excessively fallen and where to sell in markets that have excessively risen. Markets usually have to fall sharply to buy or rise sharply to sell. By this, the trader is attempting to buy when prices are at the extreme or even past extremes at the top and bottom of trading ranges. This approach is trend-anticipating but not really countertrend. When a position is established, the trader allows the profits to run and exits when the market reaches a point where a reversal in trend could be expected. Unlike many market approaches which depend on trend reversals before exiting a trade, often times losing a good proportion, if not most or all of the profits in the process, Moiseyev has specific exit objectives.

If losses reach a specific level, or exceed acceptable levels, the trader will take a loss and exit the trade.

The approach is approximately 75 percent technical and 25 percent fundamental. Moreover, the program is about 20 percent systematic and 80 percent discretionary. That the program is mostly discretionary is also seen in the high negative correlation to CTA indices. Because of this negative correlation the program could potentially be an excellent diversification to any CTA portfolio and/or an excellent standalone investment.

The trader wants to emphasize that the Swiss Futures Trading Program is only for investors suitable for speculation and in the financial position to sustain substantial losses in return for the potential for returns in excess of 40% per year.