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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 22, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4802BearishNeutral
USDJPY90.77BullishNeutral
GBPUSD1.6371BullishNeutral
USDCHF1.0228BullishNeutral
AUDUSD0.8755BearishNeutral
USDCAD1.0684BearishNeutral
EURJPY134.36BullishNeutral
EURGBP0.9042BearishNeutral
EURCHF1.5139BullishNeutral
EURAUD1.6907BullishNeutral
EURCAD1.5814BearishNeutral
GBPJPY148.60BullishNeutral
GBPCHF1.6744BullishNeutral
GBPAUD 1.8699BullishNeutral
GBPCAD1.7491BullishNeutral
CHFJPY88.75NeutralNeutral
AUDJPY79.47BearishNeutral
AUDCHF0.8955BearishNeutral
AUDCAD0.9354BearishNeutral
CADJPY84.96BullishNeutral
at 9:42 PM

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