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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.

Sunday, June 21, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.3909NeutralNeutral
USDJPY95.96BullishNeutral
GBPUSD1.6462BearishNeutral
USDCHF1.0830BullishNeutral
AUDUSD0.8007BearishNeutral
USDCAD1.1372NeutralNeutral
EURJPY133.47BullishNeutral
EURGBP0.8449BullishNeutral
EURCHF1.5063BullishNeutral
EURAUD1.7371BullishNeutral
EURCAD1.5817BullishNeutral
GBPJPY157.97BearishNeutral
GBPCHF1.7828BearishNeutral
GBPAUD 2.0560BearishNeutral
GBPCAD1.8721BearishNeutral
CHFJPY88.61BullishNeutral
AUDJPY76.84BearishNeutral
AUDCHF0.8672BearishNeutral
AUDCAD0.9106BearishNeutral
CADJPY84.38BullishNeutral
at 10:43 PM

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