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.

Sunday, October 4, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4639BearishNeutral
USDJPY89.77BearishBullish
GBPUSD1.5988NeutralNeutral
USDCHF1.0313BullishNeutral
AUDUSD0.8736BearishNeutral
USDCAD1.0740BullishNeutral
EURJPY131.41BearishNeutral
EURGBP0.9156BearishNeutral
EURCHF1.5097BearishNeutral
EURAUD1.6757BullishNeutral
EURCAD1.5722BullishNeutral
GBPJPY143.52BearishNeutral
GBPCHF1.6488BullishNeutral
GBPAUD 1.8301BullishNeutral
GBPCAD1.7171BullishNeutral
CHFJPY87.05BearishNeutral
AUDJPY78.42BearishNeutral
AUDCHF0.9009BearishNeutral
AUDCAD0.9382BearishNeutral
CADJPY83.58BearishBullish
at 10:50 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)