Thanks to ITM Financial's flagship Financial Forex Signals Engine called NeuroTech OS, the company was able to accurately predict Barack Obama's victory in the recent U.S. presidential elections.
Past News ReleasesRSS
Boston, MA (PRWEB) November 23, 2012
Trading foreign exchange can be a good way for determined investors to grow their wealth, but technological innovations are proving that it can do a lot more. Thanks to forex startup ITM Financial's flagship Financial Forex Signals Engine called NeuroTech OS, the company was able to accurately predict Barack Obama's victory in the recent U.S. presidential elections—a sure sign that these forex signals based on core price action can be accurate predictors of future events.
Financial analysts initially expected presidential contender Mitt Romney would get the most votes based on the sentiment that a Republican victory would usher in a stronger dollar. However, NeuroTech OS detected a different trend; according to ITM Financial's Head of Technology Ali Khan, the alarming strength in the S&P 500, the beginnings of the U.S. dollar's dramatic recovery, and the equally dramatic downturn of the euro could point to no one else but Barack Obama to emerge victorious. "The trade alerts our system gave our members for gold and oil were in direct relation to an Obama victory that we knew was guaranteed based on our data," Khan explains. "The data never lies."
ITM Financial leads the way in utilizing social sentiment index (SSI) signals to harness complex mathematical formulas used in neural networks to be able to predict significant movements and recognize patterns in relation to currencies. By combining these SSI signals with information gathered worldwide through Google searches and usage of social networks like Facebook and Twitter, investors can achieve serious gains in their trading accounts simply based on technical analysis and the information people share online in real time.
"This system is as exciting to the forex market as gene mapping is to science," says Curt Dalton, ITM Financial's CEO. "In fact, they are very similar indeed."
ITM Financial produces highly accurate and free forex signals by leveraging a large amount of data. Information from Twitter and Facebook text-based posts and conversations alone can produce relevant statistical data from a combined 1.5 billion users—enough to produce accurate trading signals that are correct about 70% of the time. The breakthrough system "constantly learns" something new with each new trade that comes in.
With sophisticated Text Analytics and Pattern Classification technology, the forex startup can effectively calculate the likelihood of a particular currency pair (USD and EUR, for example) to go either short or long in direction as well as predict Forex Traders High-Probability Entry and Exit Trade Points.
While any other free forex signal provider would supply inaccurate forex signals, ITM financial holds data gathered from real people worldwide—something that can to be a more powerful asset than the opinions of a mere handful of analysts.
The NeuroTech OS trading platform has seen impressive third-party verified returns of 63.49% in just the first year of ITM Financial's foray into algorithmic trading. Dalton attributes the worldwide attention the startup has been getting to its positive and perceptive performance. "We are able to spot high reward and low risk trading opportunities for our members," he says.
To see how ITM Financial’s NeuroTech forex trading platform works, interested investors can register and watch a webinar on http://www2.onlinemeetingnow.com/register/?id=9568d786da.