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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.

Thursday, July 30, 2009

Bullish signal for AUDJPY



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4082BullishNeutral
USDJPY95.44BullishNeutral
GBPUSD1.6503BearishNeutral
USDCHF1.0870BearishNeutral
AUDUSD0.8244NeutralBullish
USDCAD1.0829BullishNeutral
EURJPY134.40BullishNeutral
EURGBP0.8533BullishNeutral
EURCHF1.5307BullishNeutral
EURAUD1.7082BullishNeutral
EURCAD1.5249BullishNeutral
GBPJPY157.50BullishNeutral
GBPCHF1.7939BearishNeutral
GBPAUD 2.0018BearishNeutral
GBPCAD1.7871BullishNeutral
CHFJPY87.80BullishNeutral
AUDJPY78.68BullishBullish
AUDCHF0.8961NeutralNeutral
AUDCAD0.8927BullishNeutral
CADJPY88.13BullishNeutral
at 8:03 PM

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