Congestion phases explained

Congestion phases explained

Congestion phases explained I explain congestion phases and why they are so important. This is an area which is covered in detail in the Complete Forex Education Program. https://youtu.be/vA5loTWCOvs 00:11 Introduction to trading pound pairs and indicators 00:11 The speaker apologizes for a brief interruption and explains that they are reviewing their current dashboard, focusing on pound currency pairs. They discuss different approaches to using trading indicators, noting that David trades more indiscriminately across pairs, while the speaker prefers specific pairs that tend to yield good trading opportunities. They mention a particular fondness for cross pairs like the pound-Ozzy and the euro-Was, highlighting their potential for profitable trades. 01:22 Choosing currency pairs based on trading sessions 01:22 The speaker advises traders not to be overwhelmed by the many currency pairs available, suggesting starting with at least three pairs to trade. The choice of pairs should depend on the trading session, as different sessions see different currency movements. For example, during the London session, many pairs move actively including yen and...
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Using the Quantum Trading currency array indicator in multiple timeframes

Using the Quantum Trading currency array indicator in multiple timeframes

Using the Quantum Trading currency array indicator in multiple timeframes Using multiple timeframes with the Quantum Trading tools and indicators to reveal strength and weakness in each currency. https://youtu.be/6IYlqoyNcrk 00:10 Introduction to Currency Array Indicator 00:10 The speaker begins by ensuring the audience can see and hear the presentation clearly and mentions avoiding previous technical issues. The discussion focuses on the currency array indicator, emphasizing its value in providing extensive information about universal market sentiment and the strength of trends in currency pairs. It highlights how this indicator reveals whether buying or selling pressure is widespread across the market and helps identify the underlying factors driving specific currency pairs. 01:16 Analyzing Pound New Zealand Trends 01:16 The segment explains how to identify strong currency trends by observing strong buying in one currency and strong selling in the counter currency, which creates the most powerful trends. Using the Pound/New Zealand Dollar as an example, it highlights the importance of determining whether the trend is driven by one currency or both. It...
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Learn how to start each forex trading session

Learn how to start each forex trading session

Learn how to start each forex trading session https://youtu.be/bQ7Ouzj0mO0 00:01 Introduction and health crisis context 00:01 The speaker welcomes viewers to the London Forex webinar, sharing a personal anecdote about walking their older dog in Hampshire. They express hope that everyone is coping well with the ongoing health crisis and note that the webinar offers a positive distraction from current global challenges. The session begins with a reminder to pay attention to the disclaimer displayed on screen. 01:03 Trading risks and methodology overview 01:03 The speaker emphasizes that trading is risky and advises not to use money one cannot afford to lose. The session focuses on analyzing the forex market using a volume price analysis methodology developed over 20 years. This approach involves examining not only technical charts but also fundamental factors and related markets, as all markets are interconnected. The key focus is on tracking money flow, which depends on broader market sentiment and economic conditions. 02:03 Market sentiment and related markets 02:03 The speaker discusses the impact of the recent virus...
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Some nice pips on the GBP/NZD

Some nice pips on the GBP/NZD

Some nice pips on the GBP/NZD Some nice pips delivered here courtesy of volume price analysis on the 15 minute chart! https://youtu.be/A0EVn3mvMdU 00:11 Introduction to risk and reward in trading 00:11 The speaker ensures their microphone is on and addresses a question from Belinda related to risk and reward. They reference a 15-minute chart from nearly an hour ago, noting initial weakness followed by a strong signal indicating that the weakness was expected to develop further. 00:39 Analyzing price weakness and volume signals 00:39 The segment discusses the price movement of a stock that has declined from about 90 to 59, indicating a potential profit opportunity from the reversal. It highlights strong volume activity confirming the price action, with some buying interest visible. The analysis notes limited price base support levels, describing them as weak and thin, and emphasizes the need for volume to push through a significant wedge of volume. The segment concludes by considering potential target levels for the price if the reversal continues. 01:37 Identifying support levels and market...
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Multiple time frame trading forex

Multiple time frame trading forex

Multiple time frame trading in forex https://www.youtube.com/watch?v=UcL_BfP3D-U Using the higher time frames to determine what we can expect on the faster charts. 00:13 OPEC meeting and oil price impact 00:13 The discussion begins by highlighting the major event of the day, focusing on the ongoing OPEC meeting. Attention is given to whether an agreement has been reached to cut oil production in order to support oil prices, which directly affects the Canadian dollar. The speaker references monitoring updates via Twitter to track the situation. 00:39 Eurogroup meeting on coronavirus response 00:39 The Eurogroup meeting is focused on coordinating a response to the coronavirus crisis in the Eurozone. There is discussion about an economic package aimed at helping severely affected countries like Italy and Spain, but no official agreement has been confirmed yet. Additionally, unemployment claims are being monitored from Canada and other regions. 01:15 US and Canada unemployment claims surge 01:15 The speaker discusses the severe economic impact in the United States and Canada, highlighting unprecedented unemployment figures. The U.S. is experiencing massive job...
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Volume price analysis trading

Volume price analysis trading

Volume price analysis trading https://www.youtube.com/watch?v=4_08HzqbMXM&t=835s Volume price analysis trading can be used across all markets and timeframes and here we have an example on the gold chart. 00:11 Intro and VIX overview 00:11 The speaker apologizes for technical difficulties and checks audio clarity before starting the session. They introduce the VIX index charts, showing the one-minute and daily views, noting the current downtrend. The VIX is trading in a tight range with low volume as the session nears its end. The speaker then plans to briefly review gold prices before returning to discuss the indices in more detail. 01:15 Gold weekly chart anomaly explained 01:15 The speaker discusses a significant trend in gold observed recently and references a detailed post made a few days earlier. They highlight the importance of examining the weekly chart, which reveals a classic anomaly not apparent on faster timeframes. The speaker encourages viewers, especially those familiar with a contributor named Nick who provides in-depth weekend analysis, to explore cross-timeframe studies. This anomaly is notably visible...
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Camarilla indicator delivers on aud/usd

Camarilla indicator delivers on aud/usd

Camarilla indicator delivers on AUD/USD https://www.youtube.com/watch?v=AMEOEowzUOI Support & resistance are an integral part of volume price analysis and as part of the Forex Program we have developed a number of tools to help us identify those key levels on a chart. The Camarilla indicator is one. Here we can see how it signalled the top in a move on the aud/usd. 00:14 Renko chart settings on NinjaTrader 8 00:14 The speaker discusses analyzing the Australian dollar using Renko charts on NinjaTrader 8, noting that the Renko settings differ from those in NinjaTrader 5. They mention the ability to add more indicators to Renko charts in NinjaTrader 8 and describe the price action as in congestion, having just moved above a key level. 00:54 Price levels and Camarillo indicator 00:54 The speaker discusses the R4 level currently at 4.3 pips, compared to a previous level at 2.7 pips which had a longer congestion phase. They mention the target was the R5 level. The Camarillo indicator used has six levels, unlike most...
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Two volume price analysis lessons in one!

Two volume price analysis lessons in one!

Two-volume price analysis lessons in one here on the daily chart for the GBP/JPY. First, we see rising prices and falling volume as the rally of late March stalls. This is an anomaly as we should expect to see rising prices supported with rising volume if the trend is to develop with real momentum. Then we move into the congestion phase. Note the fall in volume as price action narrows and trades around the volume point of control. Now, all we need to do is wait and be patient. The breakout will come in due course and be confirmed as genuine or false with volume. The Historical Foundations of Volume Price Analysis Volume Price Analysis (VPA) has its roots in the early days of technical analysis, dating back to Charles Dow's Dow Theory in the late 19th century. Dow emphasized that price movements must be confirmed by volume to be valid—high volume on advances showed strength, low volume warned of weakness. This...
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Learn how to identify currency flows in all timeframes

Learn how to identify currency flows in all timeframes

Learn how to identify currency flows in all timeframes https://youtu.be/ysvzRitikTo 00:03 Introduction and current situation overview 00:03 The webinar host welcomes attendees to the Forex webinar for the London session, recognizing a diverse group including Forex program students, indicator users, and first-timers. The host mentions a sunny day in Hampshire and reflects on the unusual times due to the pandemic, noting that their family experienced the virus earlier than the lockdown. Despite challenges, the host expresses hope that everyone is well and ready to engage with the session. 01:06 Disclaimer and session focus on volume price analysis 01:06 The speaker begins by highlighting the risks involved in trading and advises viewers to only use money they can afford to lose. The session will focus on analyzing the forex markets using volume price analysis (VPA), a methodology developed and refined over 20 years by David, the speaker's husband. This approach combines technical chart analysis with consideration of the fundamental and related market factors to better understand market direction. They have...
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A four step process using the currency dashboard to trade forex

A four step process using the currency dashboard to trade forex

A four step process using the currency dashboard to trade forex In this video, we explain how to use the four indicators in the currency dashboard starting with the currency strength indicator. Then it's on to the currency matrix indicator, followed by the currency array, and finally to the currency heatmap, which completes the dashboard. https://youtu.be/QIr7oprGFYQ 00:10 Introduction to the Currency Strength Indicator 00:10 The segment introduces the CSI as the foundational tool for analyzing a complex market by breaking it down into basic components, likened to building a house with bricks. It emphasizes using multiple timeframes to identify market conditions such as overbought or oversold levels and reversals, illustrated by the example of the Euro beginning to reverse upward. 00:43 Currency Overbought and Oversold Conditions 00:43 The discussion focuses on currency market conditions, highlighting the oversold status of the Australian dollar and the yen's position. The Australian dollar continues to climb strongly, while New Zealand's currency has started to decline slightly. The speaker notes that commodity currencies often move...
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