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.

Thursday, June 25, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4042BearishNeutral
USDJPY95.91BullishNeutral
GBPUSD1.6433BearishNeutral
USDCHF1.0901BullishNeutral
AUDUSD0.8067BearishNeutral
USDCAD1.1523BearishNeutral
EURJPY134.68BullishNeutral
EURGBP0.8545BullishNeutral
EURCHF1.5307NeutralNeutral
EURAUD1.7407BullishNeutral
EURCAD1.6181BearishNeutral
GBPJPY157.61BearishNeutral
GBPCHF1.7914BearishNeutral
GBPAUD 2.0371BullishNeutral
GBPCAD1.8936BearishNeutral
CHFJPY87.98BullishNeutral
AUDJPY77.37BearishNeutral
AUDCHF0.8794BearishNeutral
AUDCAD0.9296BearishNeutral
CADJPY83.23BullishNeutral
at 10:23 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)