Reading Heat Maps

[NYCkopp 10]

Does anyone have any information on reading heat maps? I can't seem to find any good info on the web.

[Obsidian 10]

You can try this page:

Currency Strength Heatmap | OANDA fxTrade

[stockblitz65 10]

A great way to learn how to read and use heatmaps is to begin using an interactive one. That’s how I learned – I have to use something to learn it. There is an intuitive app out there that can help teach you how to use Heatmaps - if you have an iPod or iPhone. It's called Heatmap, and the company is Ivory Bull. It is simple to use and it is the first one out there like it. It let's you see markets, indexes, ETF groupings, etc. and you can sort my move averages, current trading session (price move), volume vs. historical averages (so you can see if there is buyer or selling pressure) etc. Heatmaps provide clean visuals of the market and they are one of my favorite tools to find opportunities. Here is a link to read more about Heatmaps and this App: Ivory Bull