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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.

Tuesday, October 27, 2009

Neutral signal for all pairs



PairsSpotSpot vs Model Market Sentiment Index
EURUSD1.4823BearishNeutral
USDJPY91.39BearishNeutral
GBPUSD1.6363BearishNeutral
USDCHF1.0200BullishNeutral
AUDUSD0.9144BearishNeutral
USDCAD1.0642BullishNeutral
EURJPY135.47BearishNeutral
EURGBP0.9059BearishNeutral
EURCHF1.5119NeutralNeutral
EURAUD1.6211BullishNeutral
EURCAD1.5775BullishNeutral
GBPJPY149.54BearishNeutral
GBPCHF1.6690BullishNeutral
GBPAUD 1.7895BullishNeutral
GBPCAD1.7414BullishNeutral
CHFJPY89.60BearishNeutral
AUDJPY83.57BearishNeutral
AUDCHF0.9327BearishNeutral
AUDCAD0.9731BearishNeutral
CADJPY85.88BearishNeutral
at 10:32 PM

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