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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.

Tuesday, August 4, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4418BullishNeutral
USDJPY95.33NeutralNeutral
GBPUSD1.6950BearishNeutral
USDCHF1.0589BearishNeutral
AUDUSD0.8445BearishBullish
USDCAD1.0697BullishNeutral
EURJPY137.45BullishNeutral
EURGBP0.8506BullishNeutral
EURCHF1.5267BullishNeutral
EURAUD1.7073BullishNeutral
EURCAD1.5423BullishNeutral
GBPJPY161.58BearishNeutral
GBPCHF1.7948BearishNeutral
GBPAUD 2.0071BearishNeutral
GBPCAD1.8131BullishNeutral
CHFJPY90.03NeutralNeutral
AUDJPY80.51BearishBullish
AUDCHF0.8942BearishNeutral
AUDCAD0.9034BullishNeutral
CADJPY89.12BearishNeutral
at 7:13 PM

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