INTRODUCTIONPrime Direction is a developer of low risk, medium to high yield trading systems designed to be applicable across multiple asset classes. Based on unique strategies, Prime Directions models deliver consistent returns through varying market conditions with minimal drawdown incidence.MISSIONTo develop effective trading strategies for the Forex market and other key asset classes, achieving scaled deployment into the market in collaboration with expert strategic partners over the long term.OBJECTIVESPrime Directions objective is to provide investment managers with trading systems that deliver low risk, low stress performance profiles over the long term, with the rigorous protection of equity at the center of the companys philosophy and system design. Through the application of effective strategies and modeling knowledge across a variety of financial instruments, Prime Direction seeks to combine its proprietary strategies with market scope and liquidity in order to position as a leading provider of investment grade trading solutions.DESIGN ETHOSA significant majority of all financial instrument trades in Europe and the USA are now executed byalgorithmic trading models or Black Boxes. While some models attempt to react to news and events in the financial world most models look at historic data to determine patterns that may be indicative of future market direction.These models make use of a suite of technical indicator formulae to examine price momentum, trend direction and a host of other extrapolated information with a view to placing a trade based on a set of rules.At Prime Direction we have moved beyond the more traditional techniques driven by the following flaws in these widely held views.1. Market prices do not follow statistically normal patterns. This is a key error in traditional technical analysis formulae. Instead there is much evidence of fat tails in the distribution curves of markets. This tells us that extreme moves can be expected to occur mor