How do you judge the return on any position? Simple – the chart will tell you!

How do you judge the return on any position? Simple – the chart will tell you!

00:12

Aussie dollar trading range and volatility

00:12

The speaker has switched to the Ninja Trader platform to demonstrate something about the Australian dollar. They note that the Aussie dollar has been trading in a relatively narrow range for much of the session, referencing a 15-minute chart during the London open at 8:00 their time. There has been significant volatility throughout the day, with recent spikes occurring, and the speaker intends to discuss these movements in detail.

00:42

Morning price move and reversal opportunity

00:42

The video discusses market price action from early morning through 10 o’clock, highlighting a move lower followed by a rally. It focuses on the reversal opportunity presented during this period and explores considerations for deciding whether to take the trade based on the price action observed.

01:15

Volume falling during rally explained

01:15

The segment discusses market behavior during a rally where volume is decreasing despite rising prices. It highlights that during the London session, volume is falling off even as buying activity appears. The analysis focuses on the discrepancy between price movements and volume, particularly noting a wide price spread on the fifth candle accompanied by lower volume than the previous candle, indicating a disagreement between price action and volume levels.

02:21

Wyckoff’s law: effort vs result

02:21

The segment explains Wyckoff’s third law of cause and effect, or effort versus result, by analyzing price action and volume. Initially, the price movement aligns with the expected effort, but subsequent candles show greater price results despite lower volume. This discrepancy indicates that the rally is losing momentum, as market makers are withdrawing their support, suggesting the upward movement is unlikely to continue further. The insight serves as a key consideration for traders evaluating potential trades during this phase.

03:21

Volume point of control and resistance

03:21

The segment explains the significance of the volume point of control (VPOC) in trading, highlighting that it represents the price level with the highest concentration of traded volume. When the market returns to this level, it is unlikely to move quickly through it due to the large number of pending and executed orders, causing congestion or potential reversal. This volume-based resistance is reinforced by price-based resistance identified through the accumulation distribution indicator, creating a strong ceiling that the market struggles to break. Traders should anticipate pauses or reversals near these levels and consider the implications when planning trades.

05:16

Assessing trade opportunity and risk

05:16

The speaker discusses evaluating a potential trade by assessing if the expected movement, such as 14 to 15 pips, justifies the risk involved. Scalpers might find this sufficient, but for longer time frames like 15-minute, 30-minute, or hourly charts, this is often inadequate. The price is likely to encounter resistance due to high volume areas and strong resistance levels, which may prevent further trend progression. This illustrates how traders should analyze charts to decide whether to take a position based on technical factors.

06:07

The focus shifts to making trading decisions based on the technical outlook of the chart rather than fixed risk-to-reward ratios. Traders should examine if there is clear price movement ahead without significant volume resistance or support levels that could impede the trend. By identifying these obstacles, traders can better judge the opportunity’s potential and determine if the expected gain is sufficient to justify entering the trade.

07:04

US open volatility and congestion

07:04

The speaker explains the use of a volatility indicator in real-time trading, emphasizing its ability to signal when price moves outside the average true range, prompting decisions to accept or reject trades. They describe current market conditions at the US Open, highlighting significant volatility and congestion, with expectations for a smoother trend once certain price levels are surpassed. The overall sentiment appears slightly bullish, contingent on the dollar’s movement. The indicator’s real-time triggers help traders decide whether to enter or exit positions based on volume price analysis. The speaker also mentions where to find these tools on quantumtrading.com, supporting multiple platforms like MT4/5, NinjaTrader, TradingView, and TradeStation.

09:15

Indicator platforms and upgrades

09:15

The speaker discusses the flexibility of their trading indicator packages, emphasizing that customers can switch platforms without extra charges. They support moving indicators across platforms like Tradestation, MT4, TradingView, and NinjaTrader. Additionally, if customers upgrade their packages, they receive credits for previous purchases, ensuring their initial investment is protected. The current price for the full Tradestation package is $677, with plans to increase it as more indicators are developed, making now a good time to invest, especially with TradingView packages offering free additional indicators.

10:42

Comprehensive forex trading program

10:42

The complete forex trading program offers a comprehensive education covering psychology, fundamental analysis, and relational analysis, which explains how markets interrelate, including bonds, commodities, and currency pairs. It provides a deep dive into technical analysis using VPA principles, teaching how to identify trend pauses, reversals, or pullbacks to avoid premature trade exits. The program includes 200-300 hours of video examples, indicator usage, webinars, and extensive resources. Additionally, students gain exclusive access to the QTE funded forex program, designed to provide unique trading opportunities.

12:47

QTE funded forex program explained

12:47

The speaker explains a no-risk trading opportunity where you start with an evaluation account funded by the company, with initial amounts of $5,000, $10,000, or $15,000. After achieving a consistent and achievable trading target, your account is multiplied by four, increasing to $60,000 if you started with $15,000. From there, the account doubles progressively, potentially reaching up to $1-2 million for trading. The only cost involved is a one-off fee to join the program, which is optional. This program offers a comprehensive package for students to prove their trading skills with large sums of money without risking their own capital. The video concludes with thanks and a promise of more content.

 

By Anna Coulling – creator of volume price analysis