The first of our live trading sessions for the London open with the yen in focus across various currency pairs.
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London markets kick off with the yen in focus
Tough session for US forex traders
Trading room session for the New York open, on a tough trading day, Days such as this are often referred to as pump and dump and are the toughest of all. Market price action is volatile with sudden sharp reversals and virutally no development of the trend whether in a faster or slower timeframe. The seasonal aspect is not helping with thin volumes adding to the volatility, and lack of direction, and in addition markets are now waiting for Jackson Hole to kick off. Draghi’s speech today was a non event and with very little news to drive the markets, as with Monday, it was another tough day!
Go to this lessonGreat example of VPA in action
The first of our wrap up sessions following the trading day, and in this video we highlight a great example of VPA in action, and in particular the development of the trend and the low volume test as the trend continues. This was on a faster timeframe for the New Zealand dollar and late in the day, and deep in the US session, following a lack lustre day of volatility and low volumes, but as volume picks up so does activity with the trend developing as a result. This was against the context of a currency that has been bearish both prior to, and during the day, but the plluback in the longer term downwards trend was more than sufficient to develop on the faster charts.
Go to this lessonHow to use the currency dashboard
In the first of the Q & A tutorials Anna and I walk you through the four components of the currency dashboard – the currency strength indicator, the currency matrix, the currency array and the currency dashboard. Here we look at the indicators in detail, what they reveal, how to apply and use them and for both the MT4 platform and the NinjaTrader platforms, with some great questions too!
Go to this lessonCanadian GDP delivers and the currency dashboard in focus
In this session we cover the four indicators of the currency dashboard and also consider them in the context of the live charts. We also look back to revesal positions taken overnight and into the morning session, and it was in fact the Canadian GDP data which delivered a helping hand for one of these positions!
Go to this lessonThe GBP/JPY delivers some terrific lessons
The third in the series of this weekly webinar where we introduce the currency dashboard and the four primary forex specific indicators. What they reveal and how to interpret and apply the information they reveal. In this session which was longer than usual we then reviewed a day of price action on the GBP/JPY which delivered some terrific lessons reinforcing the first three weeks of the program with congestion, trend and reversal all on the one chart.
Go to this lessonMore on the trends and trend monitor indicators
In this session we cover the trends indicator and the trend monitor indicator, and explain how they work, how to adjust settings, and how to apply then using multiple timeframes. The two indicators complement one another perfectly and consider development of the trend over different time horizons. The trends indicator works very close to the price action, the trend line steps bacl and finally the trend monitor takes a more considered view of changes in trend and congestions phases. All are used in a multiple timeframe approach.
Go to this lessonAt the end of the day
Another interesting trading day and topped off with the FOMC as the FED decision is released along with the associated statement. Markets had been waiting for two days for the news with plenty of congestion building across the various timeframes.
Go to this lessonThe sea states with two classic examples
In this video we review the day’s price action and in partiuclar with reference to the ses states, and at the close of the session two pairs stood out, and offered diametric examples of the lessons from today. On the one hand was the GBP/USD with volatile no trend price action, the most dangerous of all price action sea states, and on the other was the USD/CAD with even paced price action as a trend with momentum developed later in the day and following surprise comments from BOC Poloz. So an interesting day when the focus was on understanding and interpreting the charactristics of the various types of price action and what this can then reveal and tell us about where we may be in the longer term cycle of trend, accumulation, distribution and reversal.
Go to this lessonTrends and trend monitor indicators explained
In this Q and A session we explain the trend and trend monitor indicators in detail.
Go to this lessonUsing and applying the trends and trend monitor indicators
In this Q & A we explain the trends and the trend monitor indicators in detail along with the trend line. Staying in a trend and understanding the various phases of ternd and trend development are key, and these indicators have been developed with one thing in mind – to help you stay in through all the pullbacks and reversals which are part and parcel of a developing trend.
Go to this lessonAnd more on the volume point of control indicator
In this sessioin we focus on the volume point of control indicator which moves volume from the X axis and up to the Y axis where we then embrace time. The VPOC also introduces the concept of support and resistance from a volume perspective as opposed to price support and resistance which then reinforces this approach which is based on market profile.
Go to this lessonLearn how to use the VPOC indicator
In this session we focus on the VPOC indicator and its development from the principles of market profile
Go to this lessonUK markets get underway – first part
The first session of live markets in the London session
Go to this lessonUK markets continue – second part
The second session of live markets for the London open
Go to this lessonOpen of the US markets – first part
LIve market session for the New York open
Go to this lessonUS markets continue – second part
Live market session for the New York open
Go to this lessonWhat happened today in the markets
This is the tutorial and question and answer session from the 15th November 2017 and the wrap up from the London and New York sessions.
Go to this lessonSupport and resistance & the indicators
In this tutorial we explain the support and resistance indicators in more detail for both the MT4 platform and also for NinjaTrader. In addition we also provide a sneek peek at te MT5 platform and the equivalent indicator there.
Go to this lessonCongestion in the London markets ahead of holidays – first part
Market time in the London open as we move to US Thanksgiving, the FOMC and a long holiday weeked ahead. Markets waiting for the FED minutes and the US dollar continues to remain waterlogged on the budget.
Go to this lessonLondon markets in congestion – second part
Market time in the London open as we move to US Thanksgiving, the FOMC and a long holiday weeked ahead. Markets waiting for the FED minutes and the US dollar continues to remain waterlogged on the budget.
Go to this lessonUS session gets underway – first part
First part of the live session at the New York open
Go to this lessonA quiet session in US markets – second part
Second part of the live session for the New York open
Go to this lessonAfter the FOMC minutes
Question and answer session following the release of the FOMC minutes, with the US dollar selling off hard and bearish in the USD index daily chart.
Go to this lessonVolume price analysis examples on the daily charts
In this session we look at some exmaples of volume price analysis using the daily charts for some of the major currency pairs, and explain concepts such as the comparative nature of volume and price, what is average volume and the hanging man/hammer candles.
Go to this lessonAt the London open – first part
In the first part of the London session we focus on the British pound which continues to remain bullish as the news of a Brexit deal continues to remain the driver for the time being. This strength is reflected across the GBP complex.
Go to this lessonAt the London open – second part
A session marked with strong buying of the British pound as the rumours continue to circulate on a Brexit deal having been done. Bullish sentiment continues
Go to this lessonTrading in the US session – first part
The first part of the New York trading session
Go to this lessonTrading in the US session – second part
The second part of the New York session
Go to this lessonReview of the trading day
Wrap up and review following the London and US sessions
Go to this lessonTutorial which focuses on the daily charts and commodity markets
Tutorial in which we round up the daily charts, take a look at the daily chart for Bitcoin, and review the commodities markets.
Go to this lessonTutorial and introducing the MT5 platform
In the first session for 2018, we explain the program and format moving forward, and in addition the new platforms we will be using and in particular MT5
Go to this lessonYen and risk at the London open
A week of dramatic price action, and one where we need to be bold and aggresive to take advantage of the many opportunities such volatile markets offer. These occur rarely and when they do we have to maximise what they offer, and with our primary focus on the yen as risk sentiment swings back and forth both intraday and longer term.
Go to this lessonQ & A session on news and updates on the program, MT5 platform and indicators
In this tutorial session we explain all the changes we have been making over the last few months, to both the education program itself and also to the indicators and platforms. Anna walks you through the new back end of the forex program where we have uploaded a host of new material including VPA lessons, how to use the indicators, and pulling it all together. We then move to the platforms with updates on MT4 and MT5 and also the plans for the future in terms of new indicators and platforms.
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