In this video we will show traders how to set up our trend indicators for individual currencies. For example you can set up the USD pairs all together on your screen so you can see all of the USD pairs together. This will allow you to see what individual currencies are strong or weak and consistent based on the trends of the market. This chart setup can be duplicated across any of the 8 currencies we trade. This setup works for the USD pairs, but it can be set up to view all of the JPY pairs on one screen, or all of the AUD pairs on one screen, etc. Once you set up a chart with these simple trend indicators you can arrange them by individual currencies by grouping them with your mouse. By setting up your trend charts this way, traders can group pairs together by individual currencies to match the eight currency groups on The Forex Heatmap®.
Here is an example: If the EUR is consistently strengthening in real time on the The Forex Heatmap®, then all of the EUR pairs will be grouped together in your charts also, for consistency. Conversely if you are analyzing the EUR pairs on the charts they will all be grouped together, just like the heatmap, once again for consistent analysis of one currency. This way your charts are set up to where the chart analytical method matches your trade entry system and is consistent. You can use these individual currency concepts to prepare trading plans based on individual currencies all trending in the same direction across multiple pairs, and it works for all 8 currencies we follow.