Custom Search

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.

Thursday, October 29, 2009

Bullish signal for USDCHF



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4833BearishNeutral
USDJPY91.35BearishNeutral
GBPUSD1.6550BearishNeutral
USDCHF1.0184BullishBullish
AUDUSD0.9143BearishNeutral
USDCAD1.0677BullishNeutral
EURJPY135.50BearishNeutral
EURGBP0.8963NeutralNeutral
EURCHF1.5106BearishNeutral
EURAUD1.6223BullishNeutral
EURCAD1.5837BullishNeutral
GBPJPY151.18BearishNeutral
GBPCHF1.6855NeutralNeutral
GBPAUD 1.8101BullishNeutral
GBPCAD1.7670BullishNeutral
CHFJPY89.70BearishNeutral
AUDJPY83.52BearishNeutral
AUDCHF0.9311BearishNeutral
AUDCAD0.9762BearishNeutral
CADJPY85.56BearishNeutral
at 9:58 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)