More volume lessons for forex traders using the GBP/NZD

More volume lessons for forex traders using the GBP/NZD

More volume lessons for forex traders using the GBP/NZD Volume price analysis is a powerful methodology and one which can be used for all markets and instruments and even in spot forex, where we use tick volume as a proxy and one which works perfectly as you will see in this video. https://youtu.be/gJ3GUp1jP8o 00:01 Introduction and market context 00:01 The webinar begins with a warm welcome and a note on the unusual summer weather in the UK. The presenter highlights the current busy market activity, which is unusual for summer, and hints at significant events expected by the end of the trading session and the following day. After a brief disclaimer reminding viewers about the risks of trading and the importance of only using money they can afford to lose, the presenter acknowledges the diverse audience, including both new and returning participants, welcoming everyone to the session. 01:33 Session overview and trading focus 01:33 The session introduces day trading and intraday trading, focusing on identifying trading opportunities in US markets,...
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The cross currency pairs can really deliver for forex traders

The cross currency pairs can really deliver for forex traders

The cross-currency pairs can really deliver for forex traders As forex traders, we tend to focus on the currency majors, but if you open your eyes and move to some of the cross-currency pairs, you will be surprised at the strong trends they can deliver. In this video I highlight one example using the EUR/CAD. https://youtu.be/dQJWjAdUh7I 00:13 Switching from Ninja to MT5 platform 00:13 The speaker switches from using Ninja to MT5 trading platform, noting that MT5 offers more time frames and greater flexibility compared to MT4. They highlight that MT5's variety of minute charts aligns well with their ongoing discussions about oil in forex trading. 00:46 Importance of relational market analysis 00:46 The program includes a module on relational analysis, which involves examining markets outside the one being traded. For example, forex traders need to understand the bond, commodity, and equity markets. Similarly, index futures and stock traders should consider external market influences to enhance their trading strategies. 01:22 Understanding market sentiment via currencies 01:22 The speaker emphasizes the importance of understanding immediate...
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What a signal!! Such a straightforward trade on the WTI futures using volume price analysis

What a signal!! Such a straightforward trade on the WTI futures using volume price analysis

What a signal!! Such a straightforward trade on the WTI futures using volume price analysis Volume signals don't come much better than this in the afternoon trading session for US futures, with the stopping volume clear for all to see! https://youtu.be/B4Qj9bUrvgU 00:12 Introduction and oil market overview 00:12 The speaker begins by confirming their microphone is now on and interacts briefly with the audience. They indicate their intention to start with an oil example, describing it as a straightforward, fundamental case for illustrating VPN (Value at Risk) concepts. 00:48 Oil price plunge and recovery analysis 00:48 The segment discusses a significant plunge in oil prices, dropping to just above $38 per barrel before rebounding to around $40.20 for the September contract. The speaker highlights this as a classic example of a volatility price pattern (VPN) and describes it as a clear, strong buying signal that is hard to miss. The analysis includes observing a price waterfall effect, with a crash below the volume point of control followed by initial signs...
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Learn how to trade emini index futures using volume price analysis

Learn how to trade emini index futures using volume price analysis

Learn how to trade E-Mini Index futures using volume price analysis In this video from the US futures trading session we show you how to trade emini index futures with confidence using volume price analysis. https://youtu.be/zSdmwqDf3zY 00:10 Negative market open on indices 00:10 The speaker provides an overview of the current state of major stock indices, including the Dow (YM), Nasdaq (NQ), and S&P 500 (ES). All three indices experienced significant negative movement this morning, reflecting market reactions to recent overnight news, including ongoing concerns about the pandemic and other factors. 00:44 Recovery and falling VIX explained 00:44 The segment discusses recent market activity, highlighting a significant recovery after a downturn. Despite initial negativity, particularly in the Enkei index, it has rebounded close to its previous level. Similar recovery patterns are observed in the ES index. Additionally, the VIX, a measure of market volatility, is decreasing intraday, indicating reduced market uncertainty. 01:12 VIX level and equity rally analysis 01:12 The discussion focuses on the equity market rally, noting that while equities are rallying as...
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Learn to trade the currency of first reserve with confidence

Learn to trade the currency of first reserve with confidence

Learn to trade the currency of first reserve with confidence In this vidoe we explain how to trade the currency of first reserve with confidence by using a simple currency majors matrix. This is easy to create and can also be created for other currencies in the same way. https://youtu.be/vmuCrEwR7E8 q 00:10 Introduction to Majors Matrix and currency pairs 00:10 The presenter welcomes the audience, ensures the screen and microphone are set up correctly, and introduces a workspace called the majors matrix, which organizes six major currency pairs for analysis. 00:45 Dollar selling and 3-minute timeframe overview 00:45 The speaker explains that the current market focus is on the US dollar, which has experienced significant selling overnight. They refer to a three-minute timeframe chart on the CSI, highlighting the dollar's decline. The speaker also notes an advantage of using the Ninja trading platform over MT4 and MT5 in this context. 01:16 Local time display and London market open effects 01:16 The speaker explains that the local time is displayed in real time, specifically noting that...
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Wyckoff’s second law in action on the GBP/NZD currency pair

Wyckoff’s second law in action on the GBP/NZD currency pair

Wyckoff's second law in action on the GBP/NZD currency pair Wyckoff's second law is one that brings in the concept of time. In other words the longer a phase of price action has been building and particularly in congestion, then the greater should be the result once the trend develops. So in congestion phases, if these last for some time, then expect the consequent trend to be significant. https://youtu.be/v4V3h1jkTkQ 00:00 Introduction and disclaimer 00:00 The webinar begins with a brief apology for the delayed start due to technical setup. The host emphasizes the risks involved in trading and advises viewers to never invest money they cannot afford to lose. The audience is acknowledged as diverse, including users of quantum indicators, participants in the forex program, readers of related books, and others. The session aims to provide valuable insights regardless of participants' background. 01:01 Volume Price Analysis explained 01:01 The segment introduces an analysis approach to the forex market, focusing on volume price analysis (VPA), which combines price action and volume...
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More lessons in volume price analysis in the spot forex markets

More lessons in volume price analysis in the spot forex markets

More lessons in volume price analysis in the spot forex markets The EUR/USD delivers some more lessons in volume price analysis during the London forex trading session. The volume price analysis methodology is based on Wyckoff's three laws of effort and result, cause and effect and of course supply and demand. https://youtu.be/WVMP8MQruc0 00:13 Introduction to Eurodollar VPA lessons 00:13 The speaker revisits the MT5 platform, focusing on the Eurodollar to highlight key Volume Price Analysis (VPA) lessons. They mention how the volume point of control, indicated by a yellow line, was initially low on the three-minute chart and marked the start of a strong upward move. The speaker also discusses the timing on MT5, noting a two-hour adjustment needed for their version to align the timestamps correctly. Although the move coincided roughly with the European market opening, it was primarily a successful example of a breakaway trade, with some confusion about chart timeframes resolved by switching back to the three-minute chart. 01:24 Volume Point of Control dynamics explained 01:24 The...
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Trading reversals using the currency matrix and the currency array for NinjaTrader

Trading reversals using the currency matrix and the currency array for NinjaTrader

Trading reversals using the currency matrix and the currency array for NinjaTrader The forex market is one of mean reversion which means is almost a pure market of reversals as currencies and currency pairs move from oversold and overbought constantly in all timeframes. In this video from the London forex trading session, we show you how to use the currency array and currency matrix indicators for NinjaTrader. https://youtu.be/UlHh8UrYhO8 00:22 Overview of majors and dollar Swiss dynamics 00:22 The speaker confirms technical readiness with participants and returns to discussing the majors in currency trading. They highlight recent developments in the dollar-Swiss franc pair, noting interesting changes since their last review. 00:49 Price waterfall and volume analysis 00:49 The speaker explains a classic price waterfall scenario where strong buying in the Swiss franc is balanced by strong selling in the U.S. dollar. This dynamic leads to rising volume, widening spreads, and falling price action, illustrating the ideal characteristics of a price waterfall pattern. 01:15 Dollar selling strength and pair direction 01:15 This segment explains the dynamics...
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Use this powerful technique to day trade using the renko optimiser indicator

Use this powerful technique to day trade using the renko optimiser indicator

Use this powerful technique to day trade using the renko optimiser indicator Many traders use multiple timeframes to trade, but few use this approach when applied to renko charts. Using the renko oprimiser indicator in multiple timeframes gives you a powerful edge, even more so when combined with the equivalent time based charts. This means you have the advantages of trading a non time based chart which reveals momentum, with a time based chart to which you can apply volume price analysis. https://youtu.be/qbgXuQiFh_c 00:12 Introduction to oil trading and volume analysis 00:12 The speaker begins by introducing a focus on oil trading, highlighting its relevance due to a Volume Point of Control (VPOC) lesson involving a breakaway trade. Emphasis is placed on the importance of daily charts and multiple time frames, even for scalpers using shorter intervals like 15 seconds to 3 minutes. The current price action in the WTI futures market is analyzed, noting the significant resistance around the $42 per barrel level, which the...
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Using the renko indicator on MT4 or MT5 to find trades in forex

Using the renko indicator on MT4 or MT5 to find trades in forex

Using the renko indicator on MT4 or MT5 to find trades in forex In this video we explain how to use the renko indicator on MT4 or MT5 to find trades as a scalping trader in forex. The renko chart is a perfect way to trade as it reveals the momentum in the market, something you never see on a time based chart. The reason for this is that a renko chart is not based on time, but on the size of the brick. This is what governs the open and close of the brick and once this metric has been met, the renko brick is closed and moves on to build the next. https://youtu.be/f_A9AyyJ7fs 00:14 Analyzing slower vs faster time frames 00:14 The speaker discusses analyzing slower time frames for trading decisions, contrasting this with their current focus on faster time frames. They mention using MT5 instead of MT4 for charting and highlight a significant downward move in the US Dollar to Canadian Dollar currency...
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