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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.

Wednesday, July 22, 2009

Bullish signal for USDJPY, AUDUSD and AUDJPY



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4199BullishNeutral
USDJPY93.58BullishBullish
GBPUSD1.6455BearishNeutral
USDCHF1.0669BullishNeutral
AUDUSD0.8150BullishBullish
USDCAD1.1002BullishNeutral
EURJPY132.87BullishNeutral
EURGBP0.8629BullishNeutral
EURCHF1.5149BullishNeutral
EURAUD1.7422BearishNeutral
EURCAD1.5622BullishNeutral
GBPJPY153.99BullishNeutral
GBPCHF1.7556BullishNeutral
GBPAUD 2.0190BearishNeutral
GBPCAD1.8104BullishNeutral
CHFJPY87.71BullishNeutral
AUDJPY76.27BullishBullish
AUDCHF0.8695BullishNeutral
AUDCAD0.8967BullishNeutral
CADJPY85.06BullishNeutral
at 7:17 PM

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