Guide to Using Forexearlywarning
This is a complete description and orientation of the services offered by Forexearlywarning.com for all forex traders. This guide is for new clients and subscribers but any forex trader who is interested in our system can review this information at any time.
Forexearlywarning prepares spot forex trading plans across 28 currency pairs and publishes the plans ten times per week for $19.95 per month. Included with the plans is a complete package of forex trading tools, free trend indicators and price alarm levels. Forex educational resources in various forms like written articles and videos, weekly forex webinars and full time access to The Forex Heatmap (tm) is also included. It is a complete package of forex support services, and everything is included in the low subscription price. There is no up selling of services, add-ons, or hidden costs.
The free trend indicators that all of our clients use have various timeframes, and the trend indicators can be set up on Metatrader with price alarms to monitor individual pairs that we specify in the Forexearlywarning "Second Opinion" trading plans. You can set up the free trend indicators and price alarms on any Metatrader platform, or you can get a metatrader platform and forex brokerage account through our brokerage partners.
Forexearlywarning customers also have access to two forex webinars on Wednesday nights. The early webinar session includes educational content and and we archive the educational portion of the webinars. The archived forex webinars cover 35 different forex subjects that fully describe our trading system. Instructions on how to access the forex webinar room and how to access the training archives are on this page.
The Forexearlywarning training library is included with the subscription price, and all of our forex educational materials are organized on the web. These resources include written text and articles, MP3 audios, video and slideshows resources. This forex educational library is among the best available in the forex industry. Other forex educators charge thousands of dollars for this information, but the Forexearlywarning educational library is free and included in your monthly subscription. Here are links to some important components of our training library:
The Forex Heatmap Educational Blog
A valuable resource which include all 35 archived forex webinars in written and youtube video format.
The Forex Heatmap (tm)
Forex Trading Tips A well written list of 28 trading tips for the spot forex.
Forex Technical Articles A series of six short forex articles about our trading system.
Audio Training Library A free MP3 audio training library for listening or downloading.
The learning resources for The Forex Heatmap (tm) are also summarized on this page on the bottom paragraph. Training materials include the step by step guideto using The Forex Heatmap (tm), an image library of example trade entry signals, and some short videos. For full time access to both versions of The Forex Heatmap (tm) you must be a subscriber to Forexearlywarning.com. The Forex Heatmap (tm) is live during market hours all week. To subscribe to Forexearlywarning via paypal click here.
After you review the Forexearlywarning.com website and this user guide, you will be able to use our trading plans effectively. We provide you with spot forex trading plans that contain specific price alarm points to monitor the support and resistance on the 28 currency pairs we monitor, as well as telling you which currency pairs are trending. Then we review the forex news calendar for the specific times of the strong forex news drivers.
When the price alarms that we set in our plans hit in the main trading session or after the major news drivers we look at The Forex Heatmap (tm) to verify all trade entries.
Trading plans are issued twice per day at approximately 1100 am CT and 0900 pm CT US time plus or minus 30 minutes. You can access the trading plans and The Forex Heatmap (tm) all the time the market is open after logging in to the website with your username (email address) and password.
If you have questions about Forexearlywarning or The Forex Heatmap (tm) you can contact us by email and we will respond to your requests by phone, skype or email and there is no obligation of any kind.
In Summary, Forexearlywarning offers their clients spot forex trading plans across 28 currency pairs, free trend indicators for multiple timeframe analysis of trends, two forex webinars on Wednesday night, a library of 35 webinar archived lessons in written, audio, MP3 and video formats, a list of our favorite forex websites and news calendars, and the Forex Heatmap (tm) trade entry management system. The single price for all of these services is the lowest in the forex industry. We are actively seeking forex traders who want to explore our trading system and extract the full potential of swing to position trading 28 currency pairs, not just scalping one or two pairs.
Forexearlywarning.com continues to break the mold on pricing and quality in the forex industry. We have clients in over 20 countries and more and more forex traders are moving towards logic based trading with a foundation in full and complete market analysis, written trading plans, and verifiable trade entries. This all comes with a low pricing structure that facilitates papertrading, microlot trading, and long term success.
Guide to Using The Forex Heatmap (tm)
Information about the Heatmap
The Forex Heatmap (tm) instantly spots pockets of strength and weakness in the individual currencies in the forex market. It is a visual map of the forex market and is easy to interpret, even for new forex traders. It consolidates and summarizes the information from 28 currency pairs into a visual map for quick trade decision making. It is a web based forex trading tool and refreshes continuously for hands-free operation with forex traders in mind.
The Forex Heatmap (tm) is a real time visual map of the spot forex that verifies your spot forex trade entries, it is very unique, but it is a simple forex trading tool and it works. After about 30 days of paper trading you should be be able to start trading with small amounts of of real money like micro lots. The Forex Heatmap (tm) is the trade entry management solution for forex traders and is dispelling a lot of myths about the forex industry, forex educators, and worthless technical indicators that forex traders have been using for years. The Forex Heatmap (tm) will teach you that there is no better trading indicator than the forex market itself along with knowing the direction of the major trends of all of the currency pairs.
When the price alarms in our forex trading plans hit in the main trading session you can check the heatmap to see if the currency pairs from our trading plans are moving and have valid entry signals. The heatmap may also point you towards another pair that may not have been considered in the trading plans due to unexpected news or change in market sentiment. The heatmap verifies all of your trade entries on over 28 currency pairs that we plan for and follow and it also tells you when not to trade.
The Forex Heatmap (tm) works in real time and the end user can easily scan and monitor the forex market in under two minutes. The Forex Heatmap (tm) runs tick for tick in real time and is on all of the time during the market hours from Sunday night until Friday afternoon.
The Forex Heatmap (tm) is arranged by parallel and inverse pair groupings. The eight major currency pair families, USD, CHF, EUR, JPY, GBP, AUD, CAD, and NZD pairs are each grouped together so that a trader can easily read the pockets of individual strength and weakness in the individual currencies in real time. The Forex Heatmap (tm) is divided into two heatmaps for currency trading in the Asian session and the main trading session. The GMT clock on top shows the exact time of the readings and is up to the second.
There are 20 currency pairs on The Forex Heatmap (tm), Version 2.0, and each pair is in two slots for a total of 40 readings. For example the EUR/USD is in the EUR pairs group and also in the USD pairs group. Version 3.0 has 27 pairs and 54 readings.
How To Read The Forex Heatmap (tm)
Each currency pair has two separate currencies, here is an example:
If the GBP is strong and the CHF is weak - Buy the GBP/CHF
If the GBP is weak and the CHF is strong - Sell the GBP/CHF
If both currencies are strong do not trade the GBP/CHF, or if both currencies are weak do not trade the GBP/CHF. In this case move to another pair or currency group looking for individual currency strength or weakness. Transfer this logic to all 28 currency pairs and begin to tap the full potential and all of the pips all of the pips in the spot forex market today.
Putting The Heatmap Into Context
Before using The Forex Heatmap (tm) you should also know:
1. The direction of the primary trend of the currency pairs you are watching and considering trading.
2. How to set price alarms at nearby support and resistance areas S1 and R1 to monitor the market for movement in the main session.
3. Monitor the news calendar for volatile news announcements.
4. When the price alarms go off and the volatile news items hit in the main trading session check The Forex Heatmap (tm) for trade entry verification.
At Forexearlywarning we prepare spot forex trading plans that follow these four steps every day across 28 currency pairs, and all of our clients have access to The Forex Heatmap (tm). Our clients enjoy using The Forex Heatmap (tm) and they know it is a strong forex entry management system for verification of trade entries and increasing pip production.
Use The Forex Heatmap (tm) in the main trading session for the first year and after that most traders can start to make extra pips in the Asian session after they become more comfortable with multiple timeframe analysis.
If you would like to see pictures of examples of how to use The Forex Heatmap (tm) at the point of entry we have a library of forex trade entry signals. We have two image libraries, one is for Version 2.0 and the other image library is for Version 3.0 with the arrow system. If you subscribe to Forexearlywarning.com the full tutorial for using The Forex Heatmap is also available on The Forex Heatmap (tm) dashboard after you login to the members area.
The Forex Heatmap (tm) is the copyrighted and trademarked property of MT2 Enterprises, LLC. Contact Forexearlywarning with any questions or inquiries.
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