Plenty of trading opportunities this morning in the forex markets
00:10
Introduction and oil market overview
00:10
The speaker greets the audience and adjusts audio settings, ensuring the volume is appropriate. They mention following the CAD Yin since early morning while monitoring screens.
00:50
Commodity currencies and volume analysis
00:50
The speaker discusses various time intervals used in chart analysis, including three, five, ten, fifteen, thirty minutes, and the daily chart. They highlight the significance of these intervals in understanding recent movements in commodity currencies, such as the Canadian dollar’s upward trend. The speaker also mentions volume changes, noting a decrease in volume that affects the analysis.
01:19
Market moves and volatility triggers
01:19
The segment explains the power of volume price analysis and understanding related markets. It highlights recent strong moves in commodity currencies, which surged before pausing and starting to decline, particularly the Australian dollar. The analysis points to significant volume driving price movement, with volatility and velocity triggers indicating heavy selling pressure. The market is now shifting sideways with increasing weakness, suggesting potential congestion and the possibility of a reversal developing.
02:12
Related markets and currency behavior
02:12
This segment explains the concept of analyzing related markets to better understand the behavior of a specific currency pair, such as Orin. By examining volume, price relationships, and patterns across related markets, traders gain new perspectives that aid in making informed decisions about currency pairs on a daily timeframe.
02:42
Oil price bottoming and buying interest
02:42
Oil prices are currently very low, around $20 per barrel, making it an attractive buying opportunity. There is significant interest from buyers, particularly the Chinese, who are purchasing oil to store in tankers. While prices might drop further, the market could be bottoming out, suggesting potential stabilization or increased buying activity soon.
03:17
US indices trading and market congestion
03:17
The speaker discusses recent trading activity on the U.S. indices, describing a sharp decline as they ‘fell out of bed’ and noting effective use of both tick and time-based charts. Attention then shifts to the UK Footsie 100, which opened higher but is currently in a congestion phase with some mild positive sentiment. The VIX index is examined next, showing recent strength but now trading sideways within a tight range, contributing to the market’s current lack of clear direction. The speaker plans to review U.S. indices and then move on to currency charts.
04:27
Large equity market moves explained
04:27
The speaker discusses a significant market move that occurred yesterday, noting it was unusually large compared to typical trading ranges. Although it may not seem significant at first glance due to distorted charts caused by these large moves, the market experienced nearly a thousand-point shift, which is abnormal compared to the usual 200-400 point ranges. This distortion affects chart reading and requires constant awareness of the broader context. Currently, the market is showing signs of slight upward movement with some buying support.
05:26
Currency strength and reversal signals
05:26
The speaker discusses key futures contracts for the Dow, Nasdaq 100, and S&P 500, noting strong moves in commodity currencies like the Canadian dollar, New Zealand dollar, and Australian dollar. The Australian dollar is showing signs of reversal across multiple timeframes, while the U.S. dollar is strengthening. Other currencies such as the Swiss franc and euro are also analyzed, with the euro appearing weak but expected to rebound eventually. The pound is experiencing strong buying momentum across timeframes, presenting various trading opportunities.
06:51
Aussie dollar volume and volatility triggers
06:51
The segment discusses the movement of the Aussie dollar as the London market opens, highlighting increased volume and volatility triggers. It explains the common reversal in market sentiment during the London crossover session, characterized by various trap moves with fluctuating volumes. Despite the unpredictable nature of these moves, they create profitable opportunities for market makers as volatility increases and trading activity intensifies.
07:49
Selling pressure and expected reversals
07:49
The speaker discusses significant selling activity indicated by heavy volume during the European and London market hours, which is unusual as the volume at 7 o’clock is typically lower than at 8 o’clock. This heavy selling suggests an imminent market reversal or pullback. The trend monitor confirms a transition from a bullish phase to a transitional one, with potential for a full reversal. This pattern is observed across different timeframes—3-minute, 5-minute, and 15-minute charts—highlighting a consistent volume-driven market shift, while London session volumes remain lighter.
By Anna Coulling – creator of volume price analysis
Ready to Master Forex Trading with Volume Price Analysis?
Join The Complete Forex Trading Program by Anna Coulling and unlock professional-level insights. Learn relational strength, spot momentum shifts, and build consistent strategies using VPA. Lifetime access, Quantum indicators, and real-market examples—transform your forex trading today!