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.

Tuesday, July 28, 2009

Bullish signal for USDJPY and AUDJPY



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4143BullishNeutral
USDJPY94.38BullishBullish
GBPUSD1.6397NeutralNeutral
USDCHF1.0766NeutralNeutral
AUDUSD0.8236NeutralBullish
USDCAD1.0819BullishNeutral
EURJPY133.48BullishNeutral
EURGBP0.8625BullishNeutral
EURCHF1.5226BullishNeutral
EURAUD1.7172BullishNeutral
EURCAD1.5301BullishNeutral
GBPJPY154.75BullishNeutral
GBPCHF1.7653BullishNeutral
GBPAUD 1.9909BearishNeutral
GBPCAD1.7740BullishNeutral
CHFJPY87.66BullishNeutral
AUDJPY77.73BullishBullish
AUDCHF0.8867BullishNeutral
AUDCAD0.8911BullishNeutral
CADJPY87.24BullishNeutral
at 7:30 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)