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.

Monday, July 20, 2009

Bullish signal for USDJPY, AUDUSD, AUDJPY and CADJPY



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4223BullishNeutral
USDJPY94.15BullishBullish
GBPUSD1.6532BearishNeutral
USDCHF1.0680BullishNeutral
AUDUSD0.8144BullishBullish
USDCAD1.1064NeutralBearish
EURJPY133.91BullishNeutral
EURGBP0.8603BullishNeutral
EURCHF1.5190BullishNeutral
EURAUD1.7464BearishNeutral
EURCAD1.5736BullishNeutral
GBPJPY155.65BullishNeutral
GBPCHF1.7656BullishNeutral
GBPAUD 2.0300BearishNeutral
GBPCAD1.8291BearishNeutral
CHFJPY88.16BullishNeutral
AUDJPY76.68BullishBullish
AUDCHF0.8698BullishNeutral
AUDCAD0.9011BullishNeutral
CADJPY85.10BullishBullish
at 7:31 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)