HOUSE_OVERSIGHT_026011.jpg
1.66 MB
Extraction Summary
3
People
2
Organizations
3
Locations
1
Events
1
Relationships
3
Quotes
Document Information
Type:
Correspondence / financial strategy report
File Size:
1.66 MB
Summary
A document authored by Gennady Mashtalyar addressed to 'Jeffrey' (Epstein), explaining the risk management capabilities of a trading algorithm. Mashtalyar uses the 'Brexit day' market crash of June 24, 2016, as a simulation to demonstrate how the algorithm handles extreme volatility in the GBP/USD currency pair. The document includes a chart and statistics showing a simulated profit despite a significant market downturn.
People (3)
| Name | Role | Context |
|---|---|---|
| Gennady Mashtalyar | Author / Trader / Algorithm Developer |
Writing to Jeffrey to explain his trading algorithm's performance during high volatility events.
|
| Jeffrey | Recipient |
Addressed as 'Dear Jeffrey' (Presumed Jeffrey Epstein based on document source), receiving a report on financial risk...
|
| Draghi | ECB President (Mario Draghi) |
Mentioned as an example of a market-moving figure ('Draghi talks about QE efficiency').
|
Organizations (2)
| Name | Type | Context |
|---|---|---|
| Fed |
Federal Reserve, mentioned regarding market volatility.
|
|
| House Oversight Committee |
Source of the document (Bates stamp).
|
Timeline (1 events)
Locations (3)
| Location | Context |
|---|---|
|
Mentioned in relation to Brexit votes.
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Mentioned as 'Asian trading hours'.
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Mentioned regarding unemployment data releases.
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Relationships (1)
Gennady is providing detailed technical explanations of his trading strategies to Jeffrey, likely to secure or maintain investment.
Key Quotes (3)
"I decided to test-run Brexit day on GBP/USD to provide you with a practical example of how my algorithm would react to a sudden 18 cents price movement down in a day."Source
HOUSE_OVERSIGHT_026011.jpg
Quote #1
"Professional and responsible investors must have case A and B planned out before any influential data release."Source
HOUSE_OVERSIGHT_026011.jpg
Quote #2
"Seven hours long 18 cents movements are extremely rare in currency markets."Source
HOUSE_OVERSIGHT_026011.jpg
Quote #3
Full Extracted Text
Complete text extracted from the document (1,796 characters)
Trading Algorithm by Gennady Mashtalyar
Brexit day or how does my algorithm react to large one-side movements
Dear Jeffrey,
I was thinking how to better answer your question regarding risks associated with a large opposite side movement against my algorithm's logic. I decided to test-run Brexit day on GBP/USD to provide you with a practical example of how my algorithm would react to a sudden 18 cents price movement down in a day*.
[Chart Image showing GBP/USD trends with text: "18 cents price movement", "7 hours long down trend", "24 Jun 2016"]
[Table Data Visible below chart: Initial deposit 10000.00, Total net profit 7848.05, Profit factor 1.50, Absolute drawdown 6171.75, Total trades 1418]
[Table Data Visible below chart: Initial deposit 10000.00, Total net profit 7848.05, Profit factor 1.50, Absolute drawdown 6171.75, Total trades 1418]
**Red lines represent open and close positions for short contracts. Blue lines represent open and close positions for long contracts.
As you can see from a picture above, pound was dropping for 7 consecutive hours from 1.50 to 1.32 against the dollar during Asian trading hours on June 24th (during votes count in the UK). Seven hours long 18 cents movements are extremely rare in currency markets. However, 3 cents movements are very common and can be predicted beforehand. For instance, currency traders can expect increased volatility every time the Fed member speaks, U.S. releases unemployment data, Draghi talks about QE efficiency, or elections take place. These days and hours are well known beforehand. Professional and responsible investors must have case A and B planned out before any influential data release.
*I can only test my algorithm for 24 hour timeframes from 00:00 to 23:59 of a day with my current hardware and software, thus this particular example includes short trades opened before the 18 cent drop and they are working well as a hedge.
HOUSE_OVERSIGHT_026011
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