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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 25, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4298BullishNeutral
USDJPY94.01BullishNeutral
GBPUSD1.6326BullishNeutral
USDCHF1.0615BearishNeutral
AUDUSD0.8356NeutralNeutral
USDCAD1.0856BullishNeutral
EURJPY134.42BullishNeutral
EURGBP0.8758NeutralNeutral
EURCHF1.5177BullishNeutral
EURAUD1.7111BullishNeutral
EURCAD1.5522BullishNeutral
GBPJPY153.48BullishNeutral
GBPCHF1.7330BullishNeutral
GBPAUD 1.9538BullishNeutral
GBPCAD1.7724BullishNeutral
CHFJPY88.56BullishNeutral
AUDJPY78.55BullishNeutral
AUDCHF0.8870NeutralNeutral
AUDCAD0.9071BullishNeutral
CADJPY86.60NeutralNeutral
at 9:47 PM

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