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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 1, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4133BullishNeutral
USDJPY96.52BullishNeutral
GBPUSD1.6474BearishNeutral
USDCHF1.0754BullishNeutral
AUDUSD0.8080BullishNeutral
USDCAD1.1491BearishNeutral
EURJPY136.41BullishNeutral
EURGBP0.8579BullishNeutral
EURCHF1.5199BullishNeutral
EURAUD1.7491BearishNeutral
EURCAD1.6240BearishNeutral
GBPJPY159.01BullishNeutral
GBPCHF1.7716NeutralNeutral
GBPAUD 2.0389BearishNeutral
GBPCAD1.8930BearishNeutral
CHFJPY89.75BullishNeutral
AUDJPY77.99BullishNeutral
AUDCHF0.8689BullishNeutral
AUDCAD0.9285BearishNeutral
CADJPY84.00BullishNeutral
at 7:18 PM

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