One of the fundamental planks of any trading approach
One of the fundamental planks of any trading approach is in using multiple timeframes as this gives a view across the time window from the fastest to the slowest, and identifies changes in trend which occur in the fastest timeframe and then ripple through to the slowest. In this example we focus on the spot forex market and the GBP/USD currency pair.
https://youtu.be/77GKpmS3NFo
00:11
Introduction to trading instruments and focus
00:11
The speaker discusses the challenge traders face in selecting currencies and currency pairs, especially in Forex where there are many options. They explain that traders in other markets, like indices or commodities, often focus on just one or two instruments they know well, which simplifies their trading decisions. In contrast, Forex and stocks offer a wide variety, making it harder for beginners to decide where to start.
01:15
Volatility and multi-timeframe analysis
01:15
The speaker discusses their approach to the forex market, emphasizing the importance of understanding volatility. They reference...
Learn how to scalp index futures on the NinjaTrader platform using the renko optimizer
In this video you will discover how to scalp emini index futures on the NinjaTrader platform using multiple versions of the renko optimizer indicator. It is a powerful approach and when used in conjunction with the equivalent time based charts also gives you the option to apply volume price analysis to the trading decisions.
https://youtu.be/rXbHGiKo1Vo
00:11
Using Renko with multiple time frames
00:11
The speaker explains the use of multiple time frames in trading by combining Renko charts with time-based charts. They highlight the transition from a congestion and volatility phase to analyzing Renko charts as an additional tool, emphasizing the benefit of blending multiple Renko charts across different time frames to better apply volume and price analysis.
00:40
Advantages of Renko over time charts
00:40
The speaker discusses the benefits of using Renko charts for trading, highlighting that unlike time-based charts, Renko charts focus on momentum and smooth out congested price action by using bricks...
When volatility arrives you can be sure of one thing!
When the volatility indicator triggers on Ninjatrader or on the MT4/MT5 platform you can be sure of one thing. The big operators, insiders or market makers are at work, trapping you into weak positions and either moving into a congestion phase or reversing the price action completely. In the video we explain why.
https://youtu.be/cnEajurtSho
00:10
Volatility and market makers' activity
00:10
The speaker points out the market's volatility and highlights the participation of market makers and major operators during this time. Using cold futures as an example, they mention observing the time and sales window with rolling numbers, emphasizing the significance of this market activity.
00:39
Volatility trigger and volume surge
00:39
The speaker discusses a phase of price action identified as the volatility trigger on a five-minute chart. They emphasize the sudden increase in volume during this period, noting that it occurs in the middle of the afternoon UK time, which is not typically a significant market open or...
The currency heatmap - the ideal tool for both scalping forex traders and longer-term trend traders
In the final part of the London forex trading session, David takes a closer look at the currency heatmap for NinjaTrader and explains how it can be used for both scalping forex traders and also those who prefer to trade the longer term timeframes using this powerful indicator.
https://youtu.be/9z70_is_8eM
00:11
Introduction to currency heatmap tool
00:11
The speaker introduces the currency heatmap tool, highlighting its versatility for different trading styles including scalping, swing, and trend trading. They emphasize that the heatmap is a multi-faceted tool with various applications, setting the stage for a detailed walkthrough of its features and uses.
00:47
Currency heatmap shows sentiment shifts
00:47
The video discusses analyzing market sentiment across different timeframes, from one minute to one month, using the Ninja trading platform. It highlights the constant shifts between bearish and bullish sentiments, focusing on data drawn from the currency matrix perspective. The speaker briefly mentions switching their approach to...
All eyes on the Aussie dollar following the overnight RBA statement
As the London forex session gets underway it's all eyes on the Aussie dollar following the RBA statement and rate decision, and across the Aussie complex, with a nice move lower developing on the AUD/USD.
https://youtu.be/Cuf7RWPHXPk
00:12
Introduction to currency matrix and indicators
00:12
The discussion begins by revisiting insights related to the Australian dollar (Aussie) and the cable (GBP/USD) currency pairs, with a focus on recent developments involving the pound and Aussie. Attention is drawn to a currency matrix indicator, explaining that higher values on this indicator suggest strong and favorable moves in currency pairs. Despite notable market movements, the hourly chart for the pound shows relatively low indicator values, which is a key observation in assessing the strength of these moves.
01:32
Upgrading indicator with average value system
01:32
The speaker discusses plans to upgrade a system by adding indicators that classify extreme values as average, below average, or above average for a given time frame. Additionally,...
How to use the currency strength indicator to identify trading opportunities
In this section from the London forex trading session David explains how to use the currency strength indicator for NinjaTrader to identify which currency pairs to consider and which ones to ignore using multiple timeframes.
https://youtu.be/nWTQitHxUac
00:11
Melbourne lockdown and Spanish flu history
00:11
The speaker acknowledges technical difficulties and appreciates feedback about the coronavirus situation, highlighting local information from Australia. They mention Melbourne entering a six-week lockdown starting tomorrow and the closure of borders between Victoria and New South Wales for the first time since the Spanish flu over a century ago. The conversation also touches on the historical impact of the Spanish flu pandemic, recalling personal anecdotes about its lasting impression on families.
01:30
Introduction to currency strength indicator (CSI)
01:30
The speaker thanks the audience and transitions to discussing the British pound. They then introduce the Currency Strength Indicator (CSI), explaining that it provides valuable information about currency pairs. The CSI helps identify which pairs to...
Where next for equities as risk on appetite continues?
Always a worrying sign when the mainstream news advocates buying shares, and this is certainly the case with the Chinese Government urging people to buy with the Shanghai Composite continuing to drive higher along with the US markets.
https://youtu.be/QPPr4afB_I4
00:00
Webinar introduction and technical issues
00:00
The speaker welcomes everyone to the morning webinar for the London session and thanks the attendees for their patience. They mention a technical issue with the headsets that was resolved by unplugging and replugging them, highlighting the common troubleshooting advice of turning devices off and on again.
00:33
Trading disclaimer and overview
00:33
The speaker begins by highlighting an important disclaimer about the risks involved in trading, emphasizing that one should never use money they cannot afford to lose. They acknowledge the presence of many newcomers and offer a brief overview of the session's focus, which is analyzing forex market charts.
00:59
Volume price analysis and 3D market approach
00:59
The video explains oil price analysis using volume price...
How to identify the next level for the NQ emini using the Camarilla levels indicator
As the NQ Emini continues to rampage higher and breaking out into new high ground, it's difficult to forecast here the next level might be. But not if you use the Camarilla levels indicator for NinjaTrader and here I explain how.
https://youtu.be/Fcos1BO3fwE
00:00
Introduction and disclaimer
00:00
The speaker welcomes everyone to the webinar, mentioning it is afternoon in the UK. The session will focus on markets, primarily futures and some commodities, along with Forex. The speaker reminds viewers of the trading disclaimer, emphasizing the risks involved in trading.
00:32
Volume Price Analysis overview
00:32
The session emphasizes the importance of using only money one can afford to lose when trading. It introduces volume price analysis (VPA) as a method to interpret charts, combining price action with volume data to determine the genuineness of price moves. The approach is based on five key principles: price, price axiom, volume, support and resistance, candle patterns, and timeframes....
Don't get trapped with FOMO - use the volatility indicator
The volatility indicator is such a powerful tool and one which will help to keep you from jumping in too early and joining other traders on the fear of missing out, or FOMO. This is a powerful emotion and one which trap many traders, but with the volatility indicator, you can avoid such traps.
https://youtu.be/Gv7jIug4Vds
00:14
Market congestion and holiday impact
00:14
The speaker reviews multiple currency strength indicators, including the VIX and others, observing that the market currently lacks clear direction as many participants seem to be on holiday. The yen is fluctuating without a strong trend across various short timeframes. Similarly, the Australian dollar shows some buying interest but no decisive trend against the yen. The currency strength indicator reveals congestion and flatlining, indicating a lack of momentum and trend strength in the market at this time.
01:08
VIX indicating low market risk sentiment
01:08
The speaker discusses the stability of certain currency payers, indicating they are unlikely...
Trading the gold chart using volume price analysis
In this example from the US futures trading session we take a closer look at the five minute gold futures chart, which has a great lesson in volume price analysis.
https://youtu.be/8305A3WaFUE
00:10
Gold futures order flow and 5-minute chart
00:10
The speaker begins by focusing on gold, a topic frequently discussed and traded. They introduce a 5-minute chart illustrating the current order flow in the gold futures market, showing bids, asks, and sales windows. The discussion highlights volume and price analysis, emphasizing congestion opportunities. The segment mentions a recent rally and a trend transition indicated by the trend monitor, setting the stage for deeper analysis of market behavior.
01:18
Volume price analysis signals of weakness
01:18
The segment explains how rising volume pushing the market higher can lead to the first signals of weakness, such as a candle with high volume, a large wick to the upper body, and a narrow spread. This indicates selling pressure but does not necessarily mean an...
