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.

Sunday, August 30, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4288BullishNeutral
USDJPY92.60BullishNeutral
GBPUSD1.6238BullishNeutral
USDCHF1.0599BearishNeutral
AUDUSD0.8387NeutralNeutral
USDCAD1.0951BullishNeutral
EURJPY132.31BullishNeutral
EURGBP0.8799NeutralNeutral
EURCHF1.5144BullishNeutral
EURAUD1.7036BullishNeutral
EURCAD1.5647BullishNeutral
GBPJPY150.36BullishNeutral
GBPCHF1.7211BullishNeutral
GBPAUD 1.9361BullishNeutral
GBPCAD1.7782BullishNeutral
CHFJPY87.37BullishNeutral
AUDJPY77.66BullishNeutral
AUDCHF0.8889BearishNeutral
AUDCAD0.9185BullishNeutral
CADJPY84.56BullishNeutral
at 11:20 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)