Forex Heat Map


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Forex Heat Map Currency Strength & Weakness


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, however, 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 our eyes to this informations makes us completely blind to what’s happening on the market, and it’s our money and future that are at stake.Currency strength analysis is essentially very simple, but not many traders use it. If you’re still not able to achieve regular profits, it’s good to spare some time and get into the concept of currency strength. Of course, you can keep going along the road you’ve been going so far, but will it take you to the right place? The way I see it, that few bucks for such a simple and effective tool is a trivial price, and it might get you closer to success even by a few years. Dear trader, the decision is up to you.[…]
Forex Heat Map – Currency Strength & Weakness

Brand New Forex Tool! Easy To Use And Extremely Effective. Great Conversions! 65% Commission. Currency Strength & Weakness Concept.


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