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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.

Sunday, July 26, 2009

Bullish signal for USDJPY, AUDUSD and AUDJPY



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4220BullishNeutral
USDJPY94.79BullishBullish
GBPUSD1.6434NeutralNeutral
USDCHF1.0708BullishNeutral
AUDUSD0.8191BullishBullish
USDCAD1.0848BullishNeutral
EURJPY134.79BullishNeutral
EURGBP0.8653BullishNeutral
EURCHF1.5227BullishNeutral
EURAUD1.7361NeutralNeutral
EURCAD1.5426BullishNeutral
GBPJPY155.78BullishNeutral
GBPCHF1.7598BullishNeutral
GBPAUD 2.0063BearishNeutral
GBPCAD1.7828BullishNeutral
CHFJPY88.52BullishNeutral
AUDJPY77.64BullishBullish
AUDCHF0.8771BullishNeutral
AUDCAD0.8886BullishNeutral
CADJPY87.38BullishNeutral
at 11:06 PM

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