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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.

Sunday, September 6, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4328BullishNeutral
USDJPY93.14NeutralNeutral
GBPUSD1.6386BullishNeutral
USDCHF1.0589NeutralNeutral
AUDUSD0.8520BearishNeutral
USDCAD1.0847BearishNeutral
EURJPY133.45BullishNeutral
EURGBP0.8744NeutralNeutral
EURCHF1.5172BullishNeutral
EURAUD1.6817BullishNeutral
EURCAD1.5542BearishNeutral
GBPJPY152.62BullishNeutral
GBPCHF1.7351BullishNeutral
GBPAUD 1.9232BullishNeutral
GBPCAD1.7774BearishNeutral
CHFJPY87.96NeutralNeutral
AUDJPY79.36BearishNeutral
AUDCHF0.9022BearishNeutral
AUDCAD0.9242BearishNeutral
CADJPY85.87BullishNeutral
at 10:18 PM

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