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 1, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4539BearishNeutral
USDJPY89.42BearishNeutral
GBPUSD1.5919BullishNeutral
USDCHF1.0410BullishNeutral
AUDUSD0.8706BearishNeutral
USDCAD1.0832BullishNeutral
EURJPY130.01BearishNeutral
EURGBP0.9133BearishNeutral
EURCHF1.5135BearishNeutral
EURAUD1.6700BullishNeutral
EURCAD1.5749BullishNeutral
GBPJPY142.35BearishNeutral
GBPCHF1.6572BullishNeutral
GBPAUD 1.8285BullishNeutral
GBPCAD1.7243BullishNeutral
CHFJPY85.90BearishNeutral
AUDJPY77.85BearishNeutral
AUDCHF0.9063BearishNeutral
AUDCAD0.9430BearishNeutral
CADJPY82.55BearishNeutral
at 10:18 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)