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How does this Forex Signal System work?

This Forex Signal System is based on 2 key values:

Spot vs Model rate: For each pair is estimated a value given by fundamentals (economic growth, trade balance, commodity prices, uncertainty and panic, etc). This value is called Model rate. If the spot rate is less than the model rate, then the signal is Bullish; if it is equal or close, signal is neutral; and if the spot rate is higher than the rate model, then the signal is Bearish.
Market Sentiment Index: The index is calculated based on the forecasts of different agencies (weighted by forecast accuracy). While most agencies say that the pair will go up, the higher the index. If the index is higher than 2 / 3, then the signal is Bullish. If it is less than 1 / 3, then the signal is Bearish. If the value is between 1 / 3 and 2 / 3 the signal is Neutral.

If both match, then we have a signal.
The purpose of the signals is only to indicate where the market will move. The system does not provide profit objectives or stops loss, allowing traders the freedom to choose the levels that would accommodate more. If you need support or resistance levels to set your goals, they can be found here.

Wednesday, April 8, 2009

Bearish signal for EURUSD, GBPUSD and AUDUSD, Bullish for USDCHF



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.3247BearishBearish
USDJPY99.70BullishNeutral
GBPUSD1.4679BearishBearish
USDCHF1.1485BullishBullish
AUDUSD0.7073BearishBearish
USDCAD1.2377BullishNeutral
EURJPY132.07BearishNeutral
EURGBP0.9024BullishNeutral
EURCHF1.5214NeutralNeutral
EURAUD1.8729BullishNeutral
EURCAD1.6396NeutralNeutral
GBPJPY146.35BearishNeutral
GBPCHF1.6859BearishNeutral
GBPAUD 2.0754BullishNeutral
GBPCAD1.8168BearishNeutral
CHFJPY86.81BearishNeutral
AUDJPY70.52BearishNeutral
AUDCHF0.8123BearishNeutral
AUDCAD0.8754BearishNeutral
CADJPY80.55BearishNeutral
at 7:18 PM

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