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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 8, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.3864BullishNeutral
USDJPY92.57BullishNeutral
GBPUSD1.6034BullishNeutral
USDCHF1.0908BearishNeutral
AUDUSD0.7759BullishNeutral
USDCAD1.1659BearishNeutral
EURJPY128.34BullishNeutral
EURGBP0.8647NeutralNeutral
EURCHF1.5123BullishNeutral
EURAUD1.7868BearishNeutral
EURCAD1.6164BearishNeutral
GBPJPY148.43BullishNeutral
GBPCHF1.7490BullishNeutral
GBPAUD 2.0665BearishNeutral
GBPCAD1.8694BearishNeutral
CHFJPY84.86BullishNeutral
AUDJPY71.83BullishNeutral
AUDCHF0.8464BullishNeutral
AUDCAD0.9046BullishNeutral
CADJPY79.40BullishNeutral
at 7:18 PM

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