After launching Forex Heat Map on a chart, you can very quickly assess which currencies are most purchased and which ones sold. The indicator is updated in real time, so you can always be sure the chart shows the latest data for all currencies.
As the above map shows, the market is interested in selling AUD and purchasing JPY at the same time. Ngoko ke, our trade should take place on the AUD/JPY pair.
Forex Heat Map will tell you which currencies to avoid. As we can see on the above image, EUR and USD are neutral, so it’s good to skip trading on these instruments at this time.
You don’t know whether the signal generated by your system is certain? Check if this currency is actually being bought/sold by banks and large traders.
Forex Heat Map will change your trading in the blink of an eye. Statistics prove that over 92% traders have noted an enormous increase in effectiveness when using currency strength and weakness concept.
Our indicator is a completely new tool which will let you analyze the whole market on a single chart!
Many of you have their own way of chart analysis. Your own custom indicators, selected harmonic patterns or the most effective technical analysis elements are the most popular trade methods. It’s not my intention to judge these methods. Whether someone can make money that way is their own business. In my case, I could never achieve effectiveness above 50-55%, similar to a proverbial coin toss. Perhaps I should spent the next few years on this path, looking for better technical patterns on the chart, pay a programmer even more money for a better indicators… but is it the right way to go?
My view of the market changed completely after exploring the concept of currency strength. Up until now, I was convinced that each currency pair is a separate entity which lives it’s own life and turns where our indicator points. That is not the case, nangona kunjalo, as something else influences the chart of every pair. Every currency pair is a mutual relation of two currency indices. Are you trading on Cable (gbpusd)? It’s good to know if the market is buying the pound or the US dollar at the moment, or something else entirely, the big fish buy the Euro and that’s what you should take interest in. Closing… Funda ngokugqithisileyo…
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