Volume price analysis - the universal methodology
Volume price analysis is the perfect methodology as it can be applied to all markets and timeframes, and in this video from this morning's forex trading session I explain how, using the WTI crude oil chart as an example.
https://youtu.be/lyMwDfvTx38
00:13
Stressful morning and power cut impact
00:13
The speaker describes a stressful Tuesday morning caused by a power cut that disrupted multiple workspaces and interrupted chart loading. They mention having to rebuild several items, including some charts, while another person named Anna was speaking. Despite the difficulties, the speaker highlights oil as one product that managed to survive the disruption.
00:46
Importance of oil in forex and VPA
00:46
The speaker emphasizes the importance of oil as a commodity in the forex market, highlighting its relevance through relational analysis. They explain that applying volume price methodology and indicators yields consistent principles regardless of the chart timeframe. Various timeframes such as 15 seconds, one minute, three minutes, as well as daily charts, are...
What to look for at the start of each trading day in forex
In this introduction video I walk you through the charts and indicators I consider at the start of each trading day in forex.
https://youtu.be/m21PyTkYkcw
Session start and trading disclaimer
00:01
The session begins with a welcome and a note on the possibility of a power outage interrupting the recording. The presenter emphasizes the importance of the disclaimer about trading risks, advising viewers not to use money they cannot afford to lose. The focus of the session will be on forex trading.
00:28
Forex market and volume price analysis
00:28
The video introduces the use of volume price analysis (VPA) to study market charts. This methodology helps to validate whether the observed price actions are genuine. The best way to understand VPA is to see it applied live and on historical charts, as its signals tend to repeat across different markets and timeframes.
01:04
Market sentiment and fundamental news
01:04
The speaker discusses the importance of monitoring fundamental market factors and...
Discover how to trade volatility by looking to the cross currency pairs
Discover how to trade volatility by looking at the cross-currency pairs, and this morning in the London session, this was a good example. Many forex traders would have been focused on GBP/USD as the news was released, leading to a whipsaw in price action. However, moving to the GBP/AUD delivered some real trading opportunities with lower risk.
https://youtu.be/bv6Y5Sylt7A
00:01
Webinar introduction and disclaimer
00:01
The webinar begins with a warm welcome from the host and her husband David. She reminds viewers of the trading disclaimer, emphasizing the risks involved and advising against using money they cannot afford to lose. She also introduces the session for first-time attendees.
00:29
Overview of volume price analysis method
00:29
This session focuses on analyzing the U.S. markets, particularly the indices. David will present charts related to oil, gold, silver, and other commodities and indices, while the speaker will cover forex charts. The analysis is based on price action combined with volume, following...
Discover how to trade index futures using a combination of charts
In this portion of the webclass we show you how to trade index futures using a combination of charrting techniques and also in multiple timeframes. Renko charts on their own are powerful as they smooth out the price action and also reveal momentum, but when using with time based charts, this gives us the best of both worlds with volume price analysis.
https://youtu.be/bhOE6Q4AZI4
00:13
Switching to NQ index and currency strength
00:13
The speaker explains their shift from trading oil to focusing on the NQ index due to recent market movement. They highlight the use of a currency strength indicator, noting that the yen has been fluctuating between selling and buying, indicating market indecision. The speaker also describes using Renko charts set to different time frames (15 seconds, 30 seconds, and one minute) through a Renko optimizer tool that allows customization to match specific time frames.
01:12
Renko optimizer and brick size explanation
01:12
The video explains how to...
Discover the power of the renko chart for trading forex
In this part of the forex trading session I show you how to trade forex using the renko chart on the NinjaTrader platform. And in addition, you will discover the importance of using the trend monitor and trends indicators using this approach.
https://youtu.be/37uQVAhYhvQ
00:13
Pound Aussie market awaiting Andrew Bailey press conference00:13
The discussion focuses on the Pound to Aussie currency pair, highlighting a period of congestion following a move higher after the Bank of England announcement and the London market opening. Despite anticipation, Andrew Bailey's press conference at 12:30 did not generate significant volatility, and price action remained subdued.
00:47
Congestion phase and volume decline in Pound Aussie
00:47
The discussion focuses on the behavior of the pound and the Australian dollar, noting that both were overextended but moving in the same direction, leading to market congestion. This congestion caused trading volume to decrease, resulting in a lack of momentum to push price movements decisively. The pound was...
Trading oil futures using volume price analysis
In this clip from the US futures trading session we show you how to trade the WTI oil futures contract using volume price analysis. Oil of course is one of those commodities which impacts the forex market and in particular the Canadian dollar.
https://youtu.be/1ynDk8rdYnQ
00:14
Intro and oil 15-second chart volatility
00:14
The speaker welcomes the audience and confirms their setup is working, mentioning they have switched their microphone successfully. They express hope that viewers are safe and well. The session begins with a focus on the oil chart, specifically monitoring the 15-second chart in the top left corner while observing incoming price action and a volatility trigger.
00:48
Importance of 5-minute and daily charts
00:48
The segment discusses a volatility trigger exemplified by a long doji and a significant spike in volume, highlighting a quick price breakdown and a downward shift in the volume point of control. The speaker emphasizes the importance of analyzing multiple time frames, particularly focusing on the five-minute...
AUD and GBP in focus at the start of the London forex session
As we begin another week, here it’s the Aussie and the British pound in focus as I take a look at their slower timeframe charts for these two currency pairs.
https://youtu.be/yLrJ8SNNNiE
00:03
Introduction and Trading Disclaimer
00:03
The webinar begins with a welcome message and a reminder about the risks involved in trading. Participants are advised not to use money they cannot afford to lose. The session will focus on analyzing trading charts.
00:33
Volume Price Analysis Overview
00:33
The session introduces volume price analysis, a methodology that examines price action alongside trading volume to validate chart movements. The presenter notes the attendance of various participants, including forex students, quantum users, and newcomers, indicating a diverse audience interested in understanding this analytical approach.
01:05
Combining Technical, Fundamental, Political Factors
01:05
The speaker discusses analyzing books available on Amazon and emphasizes the importance of considering not only the technical aspects of charts but also fundamental news, related markets, and the political situation....
Using time and non time based renko charts on MT5 to trade the GBP/USD currency pair
In the third part of this morning’s webclass I take a look at the GBP/USD pair and explain how to trade it using time based charts and volume price analysis and non time based charts in the form of the renko for MT5.
https://youtu.be/GKOs1qwvApE
00:23
Cable profile and pound move overview
00:23
The speaker apologizes for technical issues with a stuck window on their monitor and proceeds to discuss the profile for the British pound (Cable). They reference a notable recent move in the pound against the New Zealand dollar and focus on the 10-minute chart for Cable, having isolated it from other currencies. They note that the pound is still moving higher during this period.
00:59
Dollar selling off vs pound new zealand
00:59
The discussion focuses on currency movements, noting that while the dollar is selling off, this trend hasn't fully mirrored what has been observed in the New Zealand dollar. On...
What the currency strength indicator reveals in multiple timeframes
In the second part of this morning’s webclass David explains how to use the currency strength indicator in multiple timeframes and what it reveals to help you understand the price cycle of mean reversion.
https://youtu.be/qBiOZRhoe-s
00:13
Introduction to multi-time frame analysis
00:13
The speaker greets the audience and confirms their microphone is working. They prepare the workspace and reference a previous discussion by Anna about the 60-minute chart for the Australian dollar, indicating they will begin by reviewing that chart.
00:55
Aussie dollar resistance and volume points
00:55
The speaker analyzes the Aussie dollar on a five-minute chart, noting it was trading near the volume point of control with strong resistance just above 71.50. They emphasize the importance of using multiple time frames in trading, as it provides varied perspectives on volume and price analysis, which is crucial for informed decision-making.
01:31
Volume indicators and accumulation distribution
01:31
The segment explains various trading indicators used to analyze market sentiment and volume. It highlights the trend...
How to select the best currency pair with the strongest trend
How to select the best currency pair with the strongest trend using the currency majors matrix. Here we focus on the USD and see which pairs are trending and which are not, but more importantly why using the currency strength indicator.
https://youtu.be/Aw7JkbduSBE
00:16
Introduction to currency strength matrix
00:16
The speaker begins by ensuring their microphone is on and introduces the topic centered around the 'dollar workspace' or 'dollar matrix.' They mention focusing on six out of seven currencies, including the dollar and yen, and emphasize the importance of understanding which currencies and currency pairs are actively moving and which are not.
00:44
Dollar and Swiss franc price movements
00:44
The discussion focuses on analyzing the CSI to understand market movements, specifically why the dollar and Swiss franc are moving the way they are. The speaker describes a clear price waterfall effect with falling prices, widening spreads, and rising volume, highlighting the textbook nature of this market behavior. The...
