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.

Monday, August 31, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4353BullishNeutral
USDJPY93.07NeutralNeutral
GBPUSD1.6298BullishNeutral
USDCHF1.0572NeutralNeutral
AUDUSD0.8443BearishNeutral
USDCAD1.0919BearishNeutral
EURJPY133.58BullishNeutral
EURGBP0.8807BearishNeutral
EURCHF1.5174BullishNeutral
EURAUD1.7000BullishNeutral
EURCAD1.5672BearishNeutral
GBPJPY151.69BullishNeutral
GBPCHF1.7230BullishNeutral
GBPAUD 1.9304BullishNeutral
GBPCAD1.7796BearishNeutral
CHFJPY88.03NeutralNeutral
AUDJPY78.58NeutralNeutral
AUDCHF0.8926BearishNeutral
AUDCAD0.9219BearishNeutral
CADJPY85.24BullishNeutral
at 10:31 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)