June 12, 2012
- in Uncategorized by schooloftrade
Heat map up-date @ 815am EST
The
heat map on our morning prep this morning shows us ALL the currencies are
trading narrow and flat this morning. The
US Dollar index is trading at -0.1% and with anything below 0.2% +/- we won’t
use it as a strong correlation like we often do. We can also see the other currencies also
trading very narrow and we assume lacking market personality. This is an easy clue for us today, not to
waste our time with the dollar index correlation or trading markets such as the
Euro until this heat map tells us differently.
