Discover how to arrive at the correct settings for your tick or renko charts on NinjaTrader
In this video taken from the live webclass, we explain the importance of trading using non time based charts, and how to arrive at the correct settings for your tick or renko charts on NinjaTrader. And see the trade develop as the NQ emini sells of delivering an excellent trade to the short side as a result.
https://youtu.be/ot5QxqwmrWM
00:14
Introduction and audio issues
00:14
The speaker checks audio connectivity, mentioning that Anna's microphone is off due to a stormy environment affecting the connection. The speaker confirms if others can hear them and prepares to begin the session.
00:44
Overview of US markets price action
00:44
The speaker examines the three major US stock market indices—Dow (YM), Nasdaq (NQ), and S&P 500 (ES)—noting minimal price movement overall. The Dow is essentially flat, with only a tiny amount of price action visible, described as an 'eyelash' of movement. The Nasdaq has been moving higher and has...
Core Points About Volume Price Analysis - Patience![00:00 ~ 02:22] The webinar begins with an introduction emphasising the risks involved in trading and the importance of using money one can afford to lose. The primary focus is on Volume Price Analysis (VPA), a methodology that combines price action and volume to determine the validity of market moves and identify trading signals as price action develops.[02:22 ~ 05:52] VPA consists of five key elements: candle patterns, support and resistance levels, price action context, volume interpretation, and multiple time frames. The webinar is prompted by a question from a trader in India about interpreting a shooting star candle on the Pound Yen using VPA, highlighting the importance of understanding how to read candles in context rather than in isolation.[05:52 ~ 09:34] The presenter analyses the shooting star candle from both the 10-minute and 5-minute charts. She clarifies that while the candle is not a textbook example of a shooting star, the accompanying...
Congestion phases - the most important price action on the chart
Congestion phases are the most important part of any price chart since this is where trends are born, and to succeed all we have to do is be patient and wait for them to break away. This is where volume steps in to confirm the trend away.
https://youtu.be/J8UM_9HCQvA
00:02
COT data for Euro on UK Investing.com
00:02
The speaker has located the URL for the Commitment of Traders (COT) data on the UK version of investing.com, specifically for the euro. They explain how to access the euro speculative positions data on the site, noting that the speculative positions have risen to 180.6, which is a notably high level historically.
00:46
Bundesbank court case and Euro politics
00:46
The speaker reflects on a significant peak that has been reached, noting it as the highest so far. They provide an update on the Bundesbank situation, mentioning that all issues have been resolved quietly without much public fuss. The discussion highlights the...
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....