Monday, November 10, 2008

forecast rating system

The aim of this blog is to explore the effectiveness on candlestick analysis and I think I'm going to need a more objective forecast rating than my own judgement. This is what I'll do. In last weeks analysis I said the euro would weaken against the dollar. it didn't, it rose 27 pips that's 0.21% so I'll call that -0.21. USD/JPY will be -0.25, GBP/USD +2.59, USD/CHF was a wait-and-see so that's 0. Total +2.13

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