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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 27, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4590NeutralNeutral
USDJPY89.11BullishNeutral
GBPUSD1.5805BullishNeutral
USDCHF1.0356BullishNeutral
AUDUSD0.8603BearishNeutral
USDCAD1.0960BearishNeutral
EURJPY130.01BullishNeutral
EURGBP0.9231BearishNeutral
EURCHF1.5109BullishNeutral
EURAUD1.6959BullishNeutral
EURCAD1.5991BearishNeutral
GBPJPY140.84BullishNeutral
GBPCHF1.6368BullishNeutral
GBPAUD 1.8371BullishNeutral
GBPCAD1.7322BullishNeutral
CHFJPY86.05BullishNeutral
AUDJPY76.66BullishNeutral
AUDCHF0.8909NeutralNeutral
AUDCAD0.9429BearishNeutral
CADJPY81.30BullishNeutral
at 10:23 PM

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