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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.

Wednesday, October 28, 2009

Bullish signal for USDCHF



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4698BearishNeutral
USDJPY90.46BearishNeutral
GBPUSD1.6358BearishNeutral
USDCHF1.0271BullishBullish
AUDUSD0.8967BearishNeutral
USDCAD1.0791BullishNeutral
EURJPY132.96BearishNeutral
EURGBP0.8985BearishNeutral
EURCHF1.5096BearishNeutral
EURAUD1.6391BullishNeutral
EURCAD1.5861BullishNeutral
GBPJPY147.97BearishNeutral
GBPCHF1.6801NeutralNeutral
GBPAUD 1.8242BullishNeutral
GBPCAD1.7652BullishNeutral
CHFJPY88.07BearishNeutral
AUDJPY81.12BearishNeutral
AUDCHF0.9210BearishNeutral
AUDCAD0.9676BearishNeutral
CADJPY83.83BearishNeutral
at 10:24 PM

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