Forex 24x7

During November 2011, the eleventh month of the second year of Danica's live operation, the system continued on auto-pilot without parameter changes. Many FX markets moved in recognizable trends this month, and the market average of the correlation coefficient between Danica's forecasts and the reality for daily close came out somewhat positive, while the forecasts for daily low and high were strongly positively correlated with reality. 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  the one shown below, for each currency pair. Fig. 0: GBP/JPY bar chart for November 2011, color-coded to indicate the degree of success in the forecast for close. Yellow and green bars have been predicted successfully as bearish and bullish respectively; blue and read are unsuccessful bearish and bullish predictions, respectively. The system persistently stayed with the downward trend throughout much of the month despite a number of disappointing days, then turned around to catch the trend change almost perfectly, given the time scale of its operation.   For comparison with the previous month, you may want to take a look at the October 2011 performance review.