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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, September 1, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4206BullishNeutral
USDJPY92.83BullishNeutral
GBPUSD1.6150BullishNeutral
USDCHF1.0663BearishNeutral
AUDUSD0.8293BullishNeutral
USDCAD1.1015BearishNeutral
EURJPY131.87BullishNeutral
EURGBP0.8796BearishNeutral
EURCHF1.5148BullishNeutral
EURAUD1.7130BullishNeutral
EURCAD1.5648BearishNeutral
GBPJPY149.92BullishNeutral
GBPCHF1.7221BullishNeutral
GBPAUD 1.9474BullishNeutral
GBPCAD1.7789BearishNeutral
CHFJPY87.06BullishNeutral
AUDJPY76.98BullishNeutral
AUDCHF0.8843NeutralNeutral
AUDCAD0.9135BearishNeutral
CADJPY84.28BullishNeutral
at 10:37 PM

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