Last updated July 2023
A Producer of any recommendations acts for Mariana UFP and/one or more of its affiliates (collectively and each individually, MUFP).
MUFP offers investment services in Europe to its clients through Mariana UFP LLP, Registered Company Number OC363748, and Mariana UFP SAS, CIB Code: 14483.
MUFP is not offering to sell or seeking offers to buy any product or enter any transaction. Any transaction requires MUFP’s subsequent agreement which will be subject to internal approvals and binding transaction document. Without limitation to the foregoing, any transaction may also be subject to review by MUFP against its Tax Principles.
Any recommendation reflects the views of the name Producer(s). Unless otherwise indicated these views, are only valid at current market conditions and are subject to change. Producer(s) of investment recommendations (including MUFP and/or its affiliates) do not intend to update you if the views contained herein change and do not assume any obligations to notify or update you of changes to this recommendation. Details of any previous investment recommendation made by named Producer(s) on financial instruments and all previous recommendations made in the last 12 months can be requested at investment-recommendation@marianaufp.com. It should be noted that other MUFP employee may have differing views which they produce and disseminate from time to time. The Producer history contains details of the investment recommendations made by the named Producer(s) only.
TECHNICAL TRADE IDEAS TERMINOLOGY
1. RECOMMENDATION MEANING:
BUY: Advising to enter a long position
SELL: Advising to enter a short position
NEUTRAL: There is no interesting risk reward to enter either long or short position.
Minimum risk reward for a buy or sell recommendation is 1 for 2. When recommendations include an entry price, client should wait for this entry price before initiating a position. We draw the attention that these recommendations are depending of their time frames and may not be suitable for all investors.
2. TIME FRAME OF RECOMMENDATIONS:
Intra-day: Until the end of the session
VST (Very Short Term): 1 to 5 days
ST (Short-Term): 1 Week to 1 month
MT (Medium Term): 1 to 3 Months
LT (Long-Term): 3 months to 1 year
3. ANALYSIS METHODOLOGY:
Technical recommendations are based on the 3 main methods below:
Chartist Analysis:
Determination of trends, of continuation or reversal patterns, supports and resistances. Main patterns include (but are not limited to) Triangles, Wedges, Flag, Pennants, Channels, Head & Shoulders, Candlesticks or Bar-Charts pattern.
Mathematical Indicators Analysis:
Helps determine if the movement is trending, or if signals of exhaustion are appearing (Overbought/Oversold, Bearish/Bullish Divergences). Main indicators include (but are not limited to) Moving Averages, RSI, Stochastics, MACD, Bollinger Bands.
Fractal Analysis (Elliott Wave Theory):
Helps assessing the trend and fine-tuning support/resistance levels according to waves and wavelet recognition. This include the use of Fibonacci retracements & projections.
Back Test (Historical and Simulations):
Helps determine the historical behaviour or the possible behaviour under simulated market of certain strategies to produce statistical indicators.
4. PRICE TARGET SETTING:
Price target and stop loss are set using a combination of Chartist Analysis & Fractal Analysis and are dependant of the time frame of the recommendation.
5. FOLLOW UP OF RECOMMENDATIONS:
It has not been determined in advance whether and in what intervals recommendations on a particular instrument will be updated. Following a recommendation on an instrument, it is deemed to be valid for the period of the time frame unless the recommendation is updated. If it is not updated, once the 1st target is reached, a partial profit (half of the position) is advised, position should be closed on 2nd target. In the event of trading through the stop loss, positions should be closed immediately.
MUFP has conflict of interest policies and procedures in place which require appropriate identification, impact assessment, risk management and recording of material conflict of interest. MUFP conflict mitigating arrangements include appropriate information barrier and client. Furthermore, MUFP gives due to consideration on how to mitigate potential conflicts of interest when senior management makes decisions around supervision, reporting lines and remuneration. The firm actively takes steps to ensure that its individuals, departments and divisions are neither improperly incentivised nor are supervised by an individual who is improperly incentivised. Under MUFP remuneration policies and procedures, MUFP employees receive a discretionary compensation based on various factors including but not limited to, transactions/fees, the quality of their work, and the overall performance of the firm (which includes the profitability of MUFP and the profitability and revenues of the individual business unit that the employee is associated with e.g. in this case of brokers business.
Under MiFID II Delegated Regulation 2017/565 article 36 (2), any recommendation provided by MUFP or its author(s) are not Independent Investment Research and therefore : documents have not been developed in accordance with legal requirements designed to promote the independence of investment research and its author(s) is/are not subject to any prohibition on dealing in the relevant financial instrument ahead of the dissemination of the marketing communication.
Any content has been prepared solely for the purpose of providing information to clients of Marina UFP SAS. The materials contain the views, opinions and trade ideas of the author(s) [sender(s)] and should not be construed as investment advice as defined by the Markets in Financial Instruments Directive 2014/65/EU (MiFID II). Investors must make their own determination and investment decisions.
MUFP is not responsible for the use made of any communication, other than the purpose for which they are intended, except to the extent this would be prohibited by law or regulation.
Any communication is being directed at persons who are professionals and is not intended for retail customer use.
Any request for disclosures can be directed to: investment-recommendation@marianaufp.com
Any document is intended only for the use of the individuals or entities to which it is addressed and may not be altered, reproduced, redistributed or passed on to any other third party, in whole or in part, without the prior written consent of Mariana UFP. In the event of a written consent any alteration, reproduction, redistribution or passing any document to any other party would have to be performed in accordance with Chapter III of MAR Delegated Regulation 2016/958.
Under MiFID II Delegated Regulation 2017/565 article 36 (2), any recommendation provided by MUFP or its author(s) are not Independent Investment Research and therefore : documents have not been developed in accordance with legal requirements designed to promote the independence of investment research and its author(s) is/are not subject to any prohibition on dealing in the relevant financial instrument ahead of the dissemination of the marketing communication.
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Collection of Personal Data: We collect, use, store and process Personal Data about you; MUFP ensures that it has a legal basis for processing the Personal Data of Data Subjects.
MUFP collects Personal Data from a variety of sources as follows:
MUFP creates Personal Data about you, such as records of your interactions with us, and details of your accounts, subject to applicable law and regulation.
The categories of Personal Data about you that we may Process, subject to applicable law, are as follows:
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detecting, investigating and preventing breaches of policy, and criminal offences, in accordance with applicable law;
compliance with our legal and regulatory obligations under applicable law, including the recording of telephone lines where required;
establishing, exercising and defending legal rights;
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MUFP lawfully processes the Personal Data of Data Subjects for the aforementioned purposes as:
The Processing is necessary for:
Processing your sensitive personal data may be necessary:
Disclosure of Personal Data to Third Parties
We may disclose your Personal Data to other entities within the Mariana Group, for legitimate business purposes (including providing services to you and operating our Sites), in accordance with applicable law.
In addition, we may disclose your Personal Data to:
Because of the international nature of our business, we may need to transfer your Personal Data within MUFP, and more broadly within the Mariana UFP LLP Group, and to third parties, as noted in the section “Disclosure of personal data to Third Parties” above, in connection with the purposes set out in this Policy. For this reason, we may transfer your Personal Data to other countries that may have different laws and data protection compliance requirements, including data protection laws of a lower standard to those that apply in the country in which you are located.
Where we transfer your Personal Data to other countries, in accordance with our regulatory requirements:
Personal Data of Data Subjects is stored for a period necessary to meet the purpose for which it was collected. In addition, personal data of data subjects will be stored for a period necessary to meet legislative and regulatory requirements including retention time periods. Even when you cease to do business with us, we must retain some of your personal data in case of queries or claims.
MUFP uses a variety of security technologies and procedures to help protect your personal information from unauthorised access, use or disclosure. MUFP also take steps to ensure that only persons with appropriate authorisation can access your personal information.
You are responsible for ensuring that any Personal Data that you send to us is sent securely.
Under the GDPR, you are afforded a number of rights with regards to your personal data. This includes the right to access, rectification, erasure, and restriction. In addition, you have the right to request for a transferable copy of certain data to be transferred to another entity and you may also withdraw your consent with respect to MUFP processing your personal data, however this will not affect the lawfulness of the processing based on your consent prior to the withdrawal.
Please refer to MUFP’s Terms of Business for more information on the process to exercise your data subject rights and information regarding your right to make an internal or external complaint. If you have any concerns as to how your data is processed, please use the contact details provided below.
Incorporated in the United Kingdom
Company Number: OC363748
LEI: 213800YRA1J9QFBMU217
ICO Number: ZA064796
Incorporated in France
Company Number: 84488027800016
LEI: 213800SS8CICRD55O286
Incorporated in the United Kingdom
Company Number: 09234018
LEI: 213800TL8EKGDL1S8C69
Incorporated in Dubai, United Arab Emirates
Company Number: 2672
LEI: 254900LZPKBBPVV00E63
Incorporated in the United Kingdom
Company Number: OC394718
For any questions regarding the Mariana UFP Privacy Policy please contact:
Mark Thomson – Compliance Officer