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 21, 2009

Bullish signal for USDJPY, AUDUSD and AUDJPY



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4215BullishNeutral
USDJPY93.64BullishBullish
GBPUSD1.6441NeutralNeutral
USDCHF1.0664BullishNeutral
AUDUSD0.8161BullishBullish
USDCAD1.1052NeutralNeutral
EURJPY133.11BullishNeutral
EURGBP0.8646BullishNeutral
EURCHF1.5159BullishNeutral
EURAUD1.7418BearishNeutral
EURCAD1.5710BullishNeutral
GBPJPY153.95BullishNeutral
GBPCHF1.7533BullishNeutral
GBPAUD 2.0146BearishNeutral
GBPCAD1.8171NeutralNeutral
CHFJPY87.81BullishNeutral
AUDJPY76.42BullishBullish
AUDCHF0.8703BullishNeutral
AUDCAD0.9020BullishNeutral
CADJPY84.73BullishNeutral
at 6:58 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)