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.

Thursday, August 27, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4368BullishNeutral
USDJPY93.75BullishNeutral
GBPUSD1.6292BullishNeutral
USDCHF1.0574NeutralNeutral
AUDUSD0.8405NeutralNeutral
USDCAD1.0867BullishNeutral
EURJPY134.70BullishNeutral
EURGBP0.8819BearishNeutral
EURCHF1.5193BullishNeutral
EURAUD1.7095BullishNeutral
EURCAD1.5614BullishNeutral
GBPJPY152.74BullishNeutral
GBPCHF1.7227BullishNeutral
GBPAUD 1.9384BullishNeutral
GBPCAD1.7705BullishNeutral
CHFJPY88.66BullishNeutral
AUDJPY78.80BullishNeutral
AUDCHF0.8887BearishNeutral
AUDCAD0.9134BullishNeutral
CADJPY86.27NeutralNeutral
at 9:07 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)