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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 13, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4546NeutralNeutral
USDJPY90.41BullishNeutral
GBPUSD1.6618BullishNeutral
USDCHF1.0387BullishNeutral
AUDUSD0.8577BearishNeutral
USDCAD1.0834BearishNeutral
EURJPY131.51BullishNeutral
EURGBP0.8753NeutralNeutral
EURCHF1.5109BullishNeutral
EURAUD1.6959BullishNeutral
EURCAD1.5759BearishNeutral
GBPJPY150.24BullishNeutral
GBPCHF1.7261BullishNeutral
GBPAUD 1.9375BullishNeutral
GBPCAD1.8004BearishNeutral
CHFJPY87.04BullishNeutral
AUDJPY77.54BullishNeutral
AUDCHF0.8909NeutralNeutral
AUDCAD0.9292BearishNeutral
CADJPY83.45BullishNeutral
at 11:28 PM

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