Custom Search

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.

Sunday, June 7, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.3989NeutralNeutral
USDJPY98.43NeutralBullish
GBPUSD1.5946BearishNeutral
USDCHF1.0848BullishNeutral
AUDUSD0.7971BearishNeutral
USDCAD1.1156BullishNeutral
EURJPY137.69BullishNeutral
EURGBP0.8773BullishNeutral
EURCHF1.5175BullishNeutral
EURAUD1.7550BullishNeutral
EURCAD1.5606BullishNeutral
GBPJPY156.96BearishNeutral
GBPCHF1.7298BearishNeutral
GBPAUD 2.0005BullishNeutral
GBPCAD1.7789BearishNeutral
CHFJPY90.74NeutralNeutral
AUDJPY78.46BearishNeutral
AUDCHF0.8647BearishNeutral
AUDCAD0.8892BearishNeutral
CADJPY88.23BearishNeutral
at 10:40 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)