Calm your trading emotions using this approach!
https://youtu.be/b2GxZbIbrvA
00:11
Introduction to Renko and non-time-based charts
00:11
The speaker apologizes for technical issues with the monitor and chatbox, then introduces the concept of using non-time-based charts, specifically Renko charts. They explain that Renko charts provide a way to smooth price action, highlighting the use of a Renko optimizer across three different time frames: 15 seconds, 30 seconds, and another duration not fully mentioned. The segment emphasizes the practical application of these charts as an alternative to traditional time-based charts.
01:33
Using Renko optimizer across multiple timeframes
01:33
The speaker demonstrates using the wrinkle optimizer tool by selecting a 15-second segment, which automatically calculates the optimal brick size. They highlight the simplicity of the process and point out a clear trend visible along the timestamp in the tool.
02:02
Renko smoothing congestion and price spikes
02:02
The speaker explains how Renko charts smooth out periods of congestion seen in time-based charts, reducing the spikes and erratic movements typical around certain times. By filtering out these...
Using the tickspeedometer to help reveal participation and momentum in all markets.
https://youtu.be/9m7gun9_IkY
00:00
Webinar introduction and disclaimer
00:00
The host welcomes attendees to the webinar, noting the global audience including participants from New Zealand. They invite viewers to share their locations in the chat for personalized greetings. Before beginning, the host highlights the disclaimer that trading involves significant risk.
00:30
Audience overview and trading categories
00:30
The speaker advises viewers not to use money they cannot afford to lose. They acknowledge the presence of various participants, including Forex program students, quantum software users, book buyers, and newcomers. The session is set to begin with a discussion of the charts and the underlying methodology.
01:06
Volume Price Analysis methodology
01:06
The speaker introduces volume price analysis (VPA) as a method to analyze charts by examining the relationship between price action and trading volume. This technique helps confirm whether market movements are genuine or traps set by insiders, market makers, or smart money. VPA is versatile and can be applied across all markets and...
Recent divergence on the Emini index futures and what it reveals
Recent divergence on the Emini index futures and what it reveals and why you should watch all three indices.
https://youtu.be/1jssQveEdh0
00:16
Introduction and index futures overview
00:16
The speaker begins by addressing a microphone issue and confirms the screen is visible to the audience. They welcome viewers from various countries, including New Zealand, Denmark, the UK, and Ireland. The speaker emphasizes the importance of monitoring all three major index futures—YM, NQ, and ES—when trading index futures, suggesting it is beneficial to have all three charts open simultaneously.
00:52
Explaining divergence in index futures
00:52
The speaker explains that YM represents the Dow Jones futures, NQ is the Nasdaq 100, and ES is the S&P 500. They highlight a recent divergence among these indices, which typically move together with similar price patterns and volume. However, in the last few days and again at the market open today, these three have shown differing movements.
01:23
Recent divergence examples in NQ vs YM and...
Using multiple timeframes for the camarilla levels indicator on NinjaTrader
Using multiple timeframes is one of the building blocks of trading success but one which applies equally to indicators for NinjaTrader also, and in this case it's the Camarilla levels indicator.
https://youtu.be/fQ8pYzQz6C8
00:18
Pause due to technical issue
00:18
The session is temporarily paused due to a technical issue with one of David's monitors. Despite having an impressive move underway, the team requests viewers to be patient for about a minute while they resolve the problem. Viewers are encouraged to submit any questions in the chat, which will be addressed during the pause.
00:48
Aussie Dollar chart overview
00:48
The speaker introduces the Australian dollar chart on a 60-minute timeframe using NinjaTrader software. The chart features candlesticks, volatility indicators, and volume. The presenter focuses on observing price levels and toggling through different timeframes, mentioning classic chart patterns as part of their analysis approach.
01:20
Double top pattern analysis
01:20
The speaker discusses a technical analysis pattern known as a double top, highlighting multiple points...
The importance of the R4 level on the Camarilla levels indicator for NinjaTrader
The importance of the R4 level on the camarilla levels indicator and an example from our live US futures session.
https://youtu.be/8ojJE1AEN7I
00:12
Forex market end-of-month flows and cable trends
00:12
The speaker discusses the unique dynamics of end-of-month flows in the forex market, focusing on the 'cable' currency pair (GBP/USD). They highlight that cable is an excellent currency to trade, often producing strong trends and significant price moves, sometimes exceeding 80 to 100 pips. The commentary also references recent market volatility around Brexit events, noting that cable has delivered notable trading opportunities. Additionally, the speaker mentions the importance of timing trades around the London session close, which occurs at 4 PM local time.
01:20
Volatility candles and trend dot indicator explained
01:20
The segment explains how to interpret price and volume data on a chart, starting with an example where the time indicated corresponds to earlier hours. It discusses the appearance of a wide volatility candle following...
Market sentiment is driving aud/jpy higher
Positive market sentiment reflected in the yen pairs, particularly the aud/jpy which continued higher in the London open following a surge higher in Asia/Pac session.
https://www.youtube.com/watch?v=yjC16ZECMHM
00:14
Setting up multiple timeframes on TradingView
00:14
The speaker confirms the audio is working and introduces the setup for the session. They mention using multiple timeframes for analysis, including the 15-second, three-minute, and four-minute charts, focusing on intraday trading strategies with data displayed on TradingView.
00:41
Expecting reversals and volatility at UK market open
00:41
The speaker adjusts the chart to a five-minute view and notes other available timeframes such as 10, 30 minutes, and daily. At 8:01 UK time, the UK and forex markets are opening following a three-day holiday. They anticipate market reversals, pullbacks, and volatility in the next 5 to 10 minutes as the market settles. This is observed on the 15-second chart showing increased volatility and price action patterns.
01:19
Volume Price Analysis (VPA) and bullish trend overview
01:19
The speaker discusses trading volume patterns around the...
Using Renko chart patterns in forex
In this video, David looks at how using tick and renko charts can help to determine momentum and trader participation.
https://www.youtube.com/watch?v=cUc-6BRnceQ
00:10
Introduction to Renko charts
00:10
The speaker introduces non-time-based charts, specifically Renko charts, using the CAD/JPY currency pair as an example. They explain that the principles remain consistent across different time scales, including 15-second, 30-second, and one-minute intervals. The speaker also demonstrates how to verify the speed and appropriate brick size settings for trading on these charts.
00:37
Optimal brick size for CAD/JPY
00:37
The speaker demonstrates adjusting timing settings, moving through 15-second, 30-second, and 1-minute intervals to deliver an optimal brick size for CAD. This optimal setting is dynamic and changes throughout the session to maintain efficiency.
01:15
Trading without guesswork with Renko
01:15
The segment explains that using the indicator eliminates guesswork by automatically determining what to trade, allowing trading in harmony with the market's speed. It highlights the benefits of combining Renko charts with time-based charts, where the time-based chart provides comprehensive information...
Trading in multiple time frames
https://www.youtube.com/watch?v=_UvB2SBMUx8
In this video we focus on the importance of the daily time frame, significant levels & how they come into play once a trend is underway.
00:12
Using non-time-based charts for Pound Yen moves
00:12
The discussion focuses on trading the pound yen using non-time-based charts, which may be necessary given the recent market moves. Traders often start their sessions at different times and face challenges with strong price movements. While some use limit orders based on analysis from 30-minute or hourly charts, most traders prefer market orders and faster timeframes. The pound yen experienced a significant upward move, partly catching up with movements seen in the Australian and New Zealand yen pairs.
01:26
Considering session impact on Pound Yen trend
01:26
The discussion focuses on trading strategies during the London session, highlighting the prominence of the pound and euro. It explores whether to wait for a market reversal or to continue following the prevailing trend, considering different currency pairs like the yen, Aussie...
Volume price analysis across the markets
https://www.youtube.com/watch?v=dTKvytVb4f8
The beauty of volume price analysis is that it can be used in any market and in any time frame. It helps validate price action and highlights anomalies. The Forex Program gives traders a forensic education in this methodology.
00:00
Market optimism after three-day weekend
00:00
The speaker welcomes everyone to the session, confirms that recording has started, and notes the positive market conditions following a three-day weekend. They mention the sunny weather and hint at discussing market expectations later in the session.
00:43
Balancing news and chart analysis
00:43
The speaker discusses the challenge of cognitive dissonance when interpreting financial news versus analyzing chart data. They emphasize the importance of maintaining a semi-detached perspective—being aware of news but focusing primarily on what the charts actually indicate. The segment concludes with a reminder about an important disclaimer before proceeding.
01:16
Trading risks and program introduction
01:16
The speaker emphasizes that trading is risky and advises never to use money one cannot afford to lose. They acknowledge the...