Forex 24x7

April 2011, the forth month of the second year of Danica's live operation, saw a continuation of risk appetite in the markets, with stock and commodity rallies. The system continued on auto-pilot without parameter changes. This system performance review consists of a summary section reporting the figures of merit for the forecasting quality, followed by 14 subsections, dedicated to the individual exchange rates tracked by the system. Those contain the usual green-yellow-blue-red color-coded charts of the performance, such as shown below, for each currency pair. Fig. 0: Danica's optimism on CHF is rarely perturbed by the pull-backs. USD/CHF bar chart for April 2011, color-coded to indicate the degree of success in the forecast for close. Yellow and green bar have been predicted successfully as bearish and bullish respectively; blue and read are unsuccessful bearish and bullish predictions, respectively. Note the alternation of yellow and blue bars: the system is bearish on USD/CHF in both cases.   For comparison with the previous month, you may want to take a look at the March 2011 performance review.