The FED speaks and the market listens!

The FED speaks and the market listens!

00:12

Introduction and webinar overview

00:12

The webinar is transitioning from the forex section, with some attendees still joining. The session will be divided into parts covering forex, indices, commodities, futures, and stocks. The total length may be between two to three hours depending on market developments. The speaker emphasizes a holistic trading approach, encouraging traders of all experience levels to consider the broader market and multiple asset classes to better understand current market focus.

01:22

Forex relational analysis explained

01:22

The speaker introduces a forex program focused on relational or cross-market analysis, emphasizing the interconnectedness of the four capital markets rather than relying solely on correlation. They explain that price action on a single chart does not move in isolation but is influenced by fundamental news and geopolitical events. Understanding what the market is currently focused on, such as the ongoing FOMC developments, is crucial for traders.

02:43

The discussion highlights that one does not need to be an economist to grasp fundamental economic data, which traders closely monitor. The importance of distinguishing when data significantly impacts the market is stressed. The current market focus is inflation, with attention to how central banks define inflation versus the inflation experienced in everyday shopping. There is also a mention of the components of the consumer price index and how inflation data is interpreted.

03:58

The speaker examines specific inflation data, such as the Canadian CPI, and questions what items are included in these indices. For example, fuel is often excluded due to its volatility despite its direct effect on inflation through oil prices. Traders need to understand what the market is concerned with and how this will affect their trading or investment decisions. On the technical analysis side, volume and price analysis help confirm the authenticity of chart movements in relation to fundamental data.

05:17

Market complacency and index highs

05:17

The market is currently very complacent, with indices at or near all-time highs. The Dow has dipped slightly while the S&P and Nasdaq are marginally up. The Nasdaq recently approached the key 14,000 level multiple times but hasn’t surpassed it decisively. If it breaks higher, it could serve as a strong support platform. However, markets tend to become nervous at all-time highs. The VIX, a volatility index, has been falling from around 17 to as low as 15, indicating reduced fear in the market.

06:20

When the VIX drops into the low teens or single digits, it signals maximum market complacency, often preceding significant market events. Historical perspective is given with the 2008 financial crisis, where risky mortgage lending was not anticipated despite being obvious in hindsight. The speaker emphasizes that market tipping points are usually only recognizable after the fact. They suggest analyzing charts using volume price analysis (VPA) to find clues, as this method has helped predict market tops and bottoms before.

08:02

Volume price analysis and futures

08:02

The speaker discusses using MetaQuotes and TradingView platforms to monitor futures markets, specifically focusing on the June YM contract. They highlight the advantage of accessing market data without needing a futures broker account and explain tracking price movements in both cash and futures markets. The analysis emphasizes observing all-time highs, volume resistance, and price resistance, noting how narrow trading ranges with unusual volume indicate anomalies that can signal future market direction.

09:10

The discussion continues on Volume Price Analysis (VPA) anomalies, which help traders anticipate market moves. The speaker references works on Amazon that provide numerous VPA examples covering stocks, indices, commodities, and forex, describing them as essential tools for traders. Recognizing these anomalies allows traders to predict market behavior confidently and avoid being misled by deceptive price action.

10:26

The speaker switches to a daily chart, explaining its role in understanding the current market trading environment. They describe the market as very narrow and cautious, resembling a ‘razor blade,’ with little movement ahead of the Federal Open Market Committee (FOMC) announcement. The market is expected to remain subdued until the release of inflation data and the subsequent press conference by Jay Powell, requiring patience from traders.

11:29

Reviewing hourly charts, the speaker identifies key support levels such as a near triple bottom and volume support line, suggesting market interest in moving higher. They note varying liquidity levels across global trading sessions, with deeper liquidity expected as North America opens. Traders are advised to analyze faster time frames, especially during the Asia session, to understand local trading dynamics and plan accordingly.

12:38

The speaker highlights important weekly support levels like S3 and the volume point of control, which act as price magnets and potential stop placements. On the 15-minute chart, they observe double bottoms and reversal bars signaling market reactions near these levels. With a cash market open imminent, caution is advised due to expected volatility and volume increases, making trade entries riskier at this time.

13:44

Shorter time frames such as the 5-minute and Renko charts are discussed, the latter providing a clear geometric view of price action and momentum, illustrating how quickly market moves can accelerate with increased liquidity and participation. The speaker indicates ongoing monitoring of these charts for updates. The segment closes by transitioning to a discussion on inflation and oil prices, noting commodities as a key focus area.

14:50

Commodities focus: oil and inflation

14:50

The discussion begins with commodities being highlighted as a strong asset class, outperforming even bitcoin recently due to increased investor interest and inflation concerns. The focus shifts to the opening of the YM market, where a classic volatility trigger and heavy volume are observed at the US cash market open, presenting a good shorting opportunity amid the current market conditions.

16:11

The speaker explains the market sentiment is generally weak for equities and strong for the dollar, with the yen pausing. This environment supports a risk trade favoring the dollar’s strength. They highlight a volatility trigger on the one-minute chart showing a strong move downward without congestion, and anticipate possible buying and reversal starting to appear as volume activity increases near key price levels.

17:13

Early signs of buying are emerging as price approaches resistance levels marked by volume clusters and accumulation distribution. The market is expected to enter a congested, volatile sideways range as it approaches the upcoming FOMC event, gradually calming down. The speaker notes this strategy suits some traders but may not be comfortable for everyone.

18:05

Examining different time frames (three, five, and fifteen seconds), the market shows a large volatility candle with significant volume, followed by price reversing inside the candle’s range. Volume point of control remains strong, indicating congestion. Resistance levels are identified, suggesting limited upside potential at this stage, and the market is likely to remain choppy with ongoing congestion.

19:00

Volume remains concentrated around key price levels with ongoing congestion evident on the five and ten-minute charts. The dollar is steady but paused, while the yen is pulling back slightly, contributing to a modest rally. The market is testing resistance from earlier in the day, with price action expected to remain volatile and range-bound for now.

20:19

A comparison of the daily charts for the YM, NQ, and ES indices reveals divergence in their movements. The NQ has been rising while the YM has been falling, and the ES is following the NQ but with sluggish price action. The overall trend shows attempts to move higher but with narrowing price ranges, indicating uncertain momentum across these major indices.

20:51

Indices divergence and risk assessment

20:51

The speaker discusses the fragile state of the YM index, noting its rollover and arcing effect, suggesting potential downward movement towards the volume point of control (VPOC). Although it’s not confirmed as a market top, the trend is weakening as the YM transitions out of a bullish phase, similar to the NQ and ES indices. Volatility and extreme price action are expected, but it remains uncertain if this will lead to a longer-term bullish trend.

21:48

Attention shifts to commodities, with a focus on oil. The oil market is showing a strong bullish trend both from a trading and long-term perspective, especially after breaking the stubborn resistance level around $66.50 per barrel. The ongoing draw in oil inventories over recent weeks supports this trend, indicating increased demand.

22:52

The bullish momentum in oil is further supported by the U.S. driving season, which increases demand, and a weak dollar, which typically boosts commodity prices. On the weekly chart, oil is expected to reach around $85 per barrel, a level last seen in 2018. The volume profile shows declining volume near key price points, suggesting a buildup to a move past $75 and towards $85.

23:53

From an intraday trading perspective, buying interest is visible as price moves quickly through low volume areas on the volume point of control (VPOC) histogram. The accumulation distribution indicator highlights strong price resistance levels, shown as thick lines, indicating areas where the market may face congestion and struggle to advance without increased volume.

24:48

The market is currently testing these resistance levels, with both price-based and volume-based resistance present. For oil to continue its bullish trend, higher volume will be necessary to push prices beyond these zones, potentially to $72.40, $72.45, and higher. Other commodities like the Baltic Dry Index and copper also reflect strength, with rising transportation costs reinforcing the upward pressure on commodity prices.

25:48

Copper technical and fundamental outlook

25:48

The discussion begins by highlighting copper’s role as a key economic indicator, often called ‘Dr. Copper’ due to its widespread industrial demand. Copper prices have experienced a strong bullish run, but recent technical analysis shows signs of weakness. Heavy volume with little price movement and large upper wicks indicate significant selling pressure as traders take profits, signaling a potential trend reversal.

27:20

Further examination of copper’s price action reveals persistent selling during attempts to rally, leading to price congestion and resistance overhead. A recent large down day with heavy volume confirms increased selling pressure, suggesting a shift from the prior bullish trend to a more fragile market state.

28:10

Technically, copper is likely to move lower toward a volume point of control around 4.10 to 4.15, where price congestion may form. Fundamentally, China’s state-run organizations are reducing copper imports by utilizing domestic stockpiles, decreasing demand and contributing to price weakness. Additionally, a stronger US dollar could further pressure copper prices.

29:17

The overall market environment is becoming fragile, with copper’s weakening trend reflecting broader concerns such as inflation and risk asset vulnerabilities. This complex interplay of technical and fundamental factors signals a significant risk area ahead. Meanwhile, gold is mentioned as a contrasting asset to watch, often serving as an inverse indicator to copper.

29:50

Gold and silver as inflation hedges

29:50

The discussion focuses on gold as a major beneficiary if inflation rises, highlighting its role as a hedge against inflation and noting recent bullish trends despite some short-term market congestion and low volume concerns. Silver is mentioned briefly as having a similar outlook to gold. The segment concludes with a review of commodity trading patterns on short and daily timeframes, indicating narrow range movements as expected.

31:39

Small caps and Russell 2000 importance

31:39

The discussion focuses on four indices, highlighting the Russell 2000 as the fourth due to its representation of small-cap stocks, which attract investors seeking high-growth opportunities. The Russell 2000 is about to be rebalanced, potentially promoting stocks like GameStop from small-cap to larger-cap status. This index is crucial for understanding market risk appetite, as increased risk-taking leads to more investment in speculative and volatile assets, often startup companies.

32:46

Analysis of the Russell 2000’s daily performance reveals some volatility with recent highs and weaknesses, indicating a mixed and somewhat unhealthy trend. Attention also shifts to other indices like the YM and S&P futures, which have declined, while the Nasdaq behaves differently. This session is described as holistic, aiming to connect the dots between various indices to better understand broader market movements.

33:58

The Nasdaq is characterized as a growth-oriented index, especially in technology sectors, contrasting with the YM, which is considered more value and defensive-focused. This difference may reflect market expectations ahead of the Federal Open Market Committee (FOMC) meeting. Investors continue buying growth stocks despite inflation concerns, suggesting the indices might be signaling upcoming economic conditions. Understanding these relationships and divergences can provide insights into future market trends.

35:10

Nasdaq resistance and market positioning

35:10

The discussion begins with an analysis of the Nasdaq cash market price action, noting significant volume and volatility at the market open. Despite a retracement, the market is still pushing higher, though volume data appears distorted due to Russian volume. The segment emphasizes the importance of monitoring buying pressure to sustain upward momentum.

36:16

The Nasdaq is approaching volume resistance slightly above its all-time high, with recent pullbacks and attempts at new highs. The speaker highlights a period of congestion with narrow trading ranges typical at market peaks, reflecting investor and trader nervousness. A volatility candle has formed, reaching a key resistance level (R3), and the market’s behavior around this will determine if a reversal occurs.

37:21

The segment explains that the R3 level on the Camarilla pivot system is a critical point, coinciding with both daily and intraday charts. The Renko chart shows mild bullish drift from a previous low, but with some inconsistency in trend signals. For trade entries, confirmation of trend direction using Renko colors and trend indicators is recommended, while exits should be timed using the time chart for better precision.

38:42

The market has broken through a volume resistance level, as indicated by expanding volume profile histograms, suggesting potential for further upside. The speaker notes that a top resistance band, which would cap the volume pocket, has not yet appeared, supporting the possibility of continued gains. Checking multiple time frames confirms this breakout, though another volume resistance point is visible on the hourly chart accompanied by a volatility candle, marking a critical juncture.

39:56

The Nasdaq’s behavior contrasts with other indices like the Russell, Dow (YM), and S&P 500, which are showing different patterns. Traders are advised to watch divergences across indices carefully. The conversation shifts briefly to bonds, focusing on the ten-year yield, highlighting the importance of monitoring other asset classes in conjunction with equity markets.

40:27

Bond yields and VIX volatility update

40:27

The discussion begins with an analysis of UK and US bond yields, highlighting the ten-year treasury yield rising from a benchmark 1.5% to 1.6%, indicating market complacency. The speaker then shifts focus to volatility indices (VIX) related to the S&P 500, Nasdaq, and other markets, noting the importance of monitoring the Nasdaq’s positive momentum as it approaches key resistance levels in price and volume. A dynamic volume point of control (VPOC) indicator is referenced, which shows real-time resistance coinciding with an R3 level, suggesting a potential critical turning point in the market.

42:12

The narrative advises patience before considering short positions, recommending waiting for confirmation from Renko chart signals. Attention shifts to currency markets, where the dollar shows mixed and directionless behavior across currency futures. The three main indices (including the Nasdaq) are trading with decreasing volume after an initial surge post-market open. This volume pattern is likened to a flood or crowd entering a venue, representing the market’s opening volatility that gradually settles as the trading session progresses.

44:14

The speaker explains that a large, long negative doji candle indicates market indecision rather than a reversal, reflecting a balanced battle between bulls and bears. This congestion is seen across the Dow Jones (YM) and S&P 500 (ES) with volume declining and prices fluctuating within a narrow range. Traders are described as waiting for the next few hours ahead of a significant market event. Currency movements remain subdued, with the yen, dollar, pound, and euro mostly trading sideways, showing no strong directional momentum.

46:06

Stock analysis: GE and Iron Mountain

46:06

The speaker introduces General Electric (GE) as an example of a stock they have analyzed extensively over several years. They clarify that their commentary is not a buy or sell recommendation, but rather an overview of investment opportunities based on their long-term observations and analysis.

46:39

The discussion focuses on GE’s daily chart, highlighting a significant volatility spike accompanied by heavy volume. This spike typically signals potential congestion or reversal, and in GE’s case, a reversal is occurring as the price moves back toward a key volume point of control at $13.20 per share.

47:08

GE’s share price has drastically declined from $36-$40 over several years due to fundamental and technical challenges. Despite this, current daily charts indicate possible opportunities near the $13.20 volume point of control, where recent price action and volume suggest a potential trigger for a move.

47:38

Turning to the weekly chart, the speaker notes a sustained bullish run for GE, though the stock is not experiencing rapid growth. The weekly volatility trigger is considered more significant than the daily, as it establishes critical levels for potential longer-term trend development.

48:06

The key resistance level on the weekly chart is around $14.50. Breaking through this level could signal a reversal and the start of a new upward trend. This level aligns with insights they have shared previously and serves as a critical point for evaluating GE’s potential.

48:33

The speaker explains the concept of accumulation phases where a stock consolidates after a decline, with market makers absorbing shares. This accumulation is followed by a breakout into a bullish trend, which is the process they are watching for in GE. Both intraday trading and longer-term investment perspectives are considered.

49:06

The critical price level to watch is around $14.25 per share. If GE can break through this level on strong volume, it could indicate the beginning of a significant upward trend. This technical perspective is emphasized independently of fundamental factors like earnings reports.

49:35

Patience is essential, as the breakout must be supported by solid volume to be meaningful. The stock has been in a prolonged period of weakness and congestion over several years, but current signs suggest a potential rally out of this phase if volume confirms the move.

50:04

GE’s long-term decline since 2017 is highlighted, with recent congestion potentially setting the stage for a new trend. The speaker switches back to the daily chart to reinforce their analysis and indicates the example is a well-studied case from the past year.

50:29

The conversation shifts to another stock, Iron Mountain, which was identified around mid-last year in a similar scenario involving volatility and price movement. Iron Mountain has since appreciated significantly, demonstrating the potential of identifying such setups.

50:58

Iron Mountain is described as a data management and storage company with a strong price rise from about $23-$25 to nearly $47. Despite current bearishness due to weak markets, the stock’s trajectory shows the effectiveness of the described technical approach.

51:31

The speaker notes that events such as earnings seasons and mergers often cause volatility in share prices, which can create opportunities. Iron Mountain is used as an example of a stock that has benefited from such volatility and technical trading strategies.

51:56

The speaker attempts to locate another example but instead transitions back to a co-presenter named Anna. They briefly mention ‘financial juice’ news feeds as a source of market information before handing over, indicating a shift in topic or presenter.

52:44

Fed comments and market impact

52:44

The discussion begins with Janet Yellen making comments ahead of the Federal Reserve’s announcement, which some find unusual since traditionally the Treasury Secretary does not intervene in this way. The focus then shifts to market movements, noting how US indices, the US dollar, and bonds are interconnected. Financial Juice’s analysis highlights the impact on different market segments, with small caps, represented by the Russell index, being favored ahead of the Fed, while big banks are under pressure due to their reliance on interest rates.

53:56

The segment explains why banks are struggling, linking it to their dependency on debt products and interest rates. This underperformance contrasts with the Nasdaq, which is slowly improving but not strongly. Using Renko charts, the speaker illustrates that the current market momentum is steady rather than rapid, reflecting the broader market’s volatile and inconsistent behavior with frequent daily ups and downs.

55:39

The Nasdaq has broken through a critical resistance level identified on multiple chart timeframes, including Renko and hourly charts. This resistance level is important for traders to monitor closely for potential exits and future price direction. The speaker prefers a limited number of timeframes for clarity and emphasizes the need to watch key zones beyond the Nasdaq’s immediate market environment. Meanwhile, the Fed remains silent until its upcoming release, with traders focused on currency movements and bond behavior as indicators of market sentiment.

57:23

Market participants are observing risk proxies like the yen and bond activity to gauge interest rate expectations, which currently suggest no imminent hikes but possibly in 2023 or 2024. Commodity markets, especially oil prices, are rising due to increased demand and potential supply constraints, feeding inflation concerns. However, some energy costs are not fully represented in inflation indices, adding complexity to economic readings.

58:28

The volume point of control indicates that a presumed resistance level was overcome, creating a new resistance point. The speaker questions whether volume is sufficient to sustain further price advances and whether buyers are positioned to push prices higher. Although this session did not include detailed order flow data such as time and sales or level two, future analysis will integrate these to better understand market dynamics.

59:38

The importance of order flow and volume is emphasized, with time and sales data being more reliable than level two orders due to potential spoofing. Executed orders provide clearer insights into market activity. The speaker references professional trading education, noting that volume analysis is a fundamental concept widely taught and critical for understanding market potential. Despite relatively low volume levels observed recently, the concepts from trading literature remain highly relevant.

01:01:06

Options market and retail trader trends

01:01:06

The speaker discusses the trading strategy focusing on selecting stocks for short-term trading using volatility candles on slower time frames, specifically the daily chart. They highlight General Electric (GE) as an example, explaining how its congestion phase and mildly bullish tone made it suitable for writing covered calls, allowing them to hold the stock while earning premium income without being exercised.

01:02:16

The discussion continues about GE’s price action, noting a gap up that triggered volatility. This volatility is seen as an opportunity for intraday short trades rather than expecting a strong upward move. Multiple charts and time frames are used to analyze levels, including hourly and 15-minute charts, identifying key support and resistance points and volume patterns indicating weakness and potential retracement targets.

01:03:22

The analysis of GE’s price movement extends to technical levels such as the point of control and volume clusters, suggesting a likely return to these areas. The speaker compares this approach to Bitcoin’s current unusual sideways trading, which frustrates traders accustomed to Bitcoin’s typical volatility and rapid price jumps. This segment highlights the importance of technical signals on slower time frames to identify trading opportunities.

01:04:56

Attention shifts to a tool called Finviz used for sector and stock selection, demonstrated within the real estate sector. The speaker praises the tool’s ability to quickly identify strong uptrends and interesting stocks by filtering based on criteria like market capitalization and average volume. This method streamlines the tedious process of finding trading candidates by visually analyzing charts and fundamental data.

01:06:55

Further insights on using Finviz include refining searches by setting minimum average volume thresholds to reduce the number of stocks and focus on liquid candidates. The speaker highlights a specific stock, VICI, which has shown a strong run followed by congestion, indicating a potential next phase in its trend. They plan to provide a step-by-step guide on how to analyze such charts for trading decisions.

01:08:08

The speaker discusses the importance of examining institutional ownership and option chains as part of stock analysis, noting that options are increasingly used by retail traders. They mention high call option activity and short-dated expiries dominating the market, reflecting bullish sentiment among retail investors. This trend has influenced market dynamics, with platforms like Reddit and WallStreetBets playing a notable role.

01:09:20

The segment concludes with reflections on the growing impact of retail traders in the options market and hopes that regulators will not restrict their participation. The upcoming Federal Reserve meeting is highlighted as a key event that could affect market sentiment. The speaker emphasizes that the core difference between trading and investing lies mainly in the holding period, and stresses the importance of integrating various data points and indicators when making decisions.

01:10:55

Market indicators and trading platforms

01:10:55

The speaker explains that the dynamic indicators are designed to trigger in real time without waiting for candle closures, including volatility and support/resistance levels, which can change quickly. The market is attempting to move higher but the progress is slow and sluggish, reflecting current market conditions. The session has been unusual and the content will be split into individual videos to be uploaded on YouTube.

01:11:59

The conversation continues with agreement on trading concepts and a mention of studying GAN (generative adversarial networks), showing a shared interest in advanced techniques. The speaker plans to reconnect next week, possibly with a different format, and hands over to David, who prepares to analyze market activity and commentary from Mr. Powell. The segment ends with a brief introduction to the ‘time and sale’ feature.

01:13:31

Time and sales order flow analysis

01:13:31

The speaker explains the use of the time and sales window to monitor executed contracts, focusing on large block trades rather than small ones. They emphasize tracking significant order sizes, such as those over 50 or 60 contracts, and how these impact price action on charts. The preferred chart timeframe for trading using time and sales data is suggested to be shorter, such as a one-minute or even 15 to 30-second chart.

01:14:32

The setup described involves Tradestation Global linked directly to an Interactive Brokers account, providing real-time data for time and sales and various indicators. The speaker highlights using RadarScreen with a trend monitor and volatility indicators across multiple timeframes. This setup offers a clear visual perspective of market trends similar to those used for currency futures.

01:15:35

The speaker discusses how the trend monitor visually signals trend transitions first through changing trend dots, which react closely to price action. On shorter timeframes like one and two minutes, the trend dots change color to indicate shifts in momentum, such as moving from bullish to potential reversal phases. The transition phases are explained, with examples of bright red dots signaling downward pressure on price.

01:16:53

Further explanation of trend transitions across two- and three-minute timeframes is given, noting the presence of red trend dots indicating downward trends. The speaker remarks on the lack of significant volatility candles recently and points out the importance of volume analysis, noting that even in falling markets, rising volume is expected. The workspace is praised for its simplicity and effectiveness in visually representing these market conditions.

01:17:48

The speaker reiterates the importance of large volume blocks in the time and sales window and their relationship to price reactions. They describe monitoring how price responds to these significant order phases, particularly during trend transitions. The current market is observed as being in a darker blue phase on the two-minute chart, indicating a developing downtrend approaching a volume cluster that might cause price to pause.

01:18:46

The speaker briefly switches between one- and two-minute charts to demonstrate trend transitions and attempts to link to a five-minute chart. They conclude by highlighting the usefulness of the described workspace in Tradestation Global for visual market analysis. The segment ends with a comparison to NinjaTrader on a five-minute chart, showing weakening rallies and a potential full retracement of price.

01:19:57

Currency movements and session wrap-up

01:19:57

The speaker reviews recent currency movements, noting a strong sell-off in the yen while the dollar remains stable and the euro rises modestly. They speculate on whether this trend will continue or if the market will enter a period of congestion ahead of the FOMC meeting later in the evening. The session has run longer than planned, and the speaker thanks the audience for their participation, directing them to quantumtrading.com for related trading indicators and licenses for various platforms.

01:20:53

Quantum Trading products and education

01:20:53

The speaker explains that purchasing indicators for MT4/5 allows use on both platforms without needing an additional license, similarly for NinjaTrader 7 and 8. TradingView is highlighted as a popular platform with many indicators available and the ability to connect trading accounts directly for screen trading. Customers can buy individual indicators or bundles, with special deals offered. Any purchase acts as credit towards upgrades or switching platforms, ensuring customers don’t lose their investment.

01:21:47

There are no extra charges for transferring licenses between platforms, only price differences between platforms apply due to features like tick history and tick charts on NinjaTrader or radar screen on TradeStation. Upgrading simply involves paying the price difference, and customers receive access to the corresponding indicators. Full package buyers get all future indicators free, including upcoming cryptocurrency indicators, as a thank you for their investment.

01:22:46

Customers who have purchased full packages have accumulated many free indicators over time. All indicators are available on quantumtrading.com with 24/7 customer support, including weekends. The company places strong emphasis on customer support as a core part of their service, ensuring assistance is always accessible alongside delivering quality products.

01:23:37

Quantum Trading also offers a comprehensive Forex education program called the Complete Forex Trading Program. This program took two years to develop, reflecting significant effort to provide potential Forex traders with essential knowledge and understanding of the market to support their trading journey.

01:24:06

Forex funded trader program explained

01:24:06

The program offers a comprehensive trading education with over 450 lessons and 250 to 300 hours of video content. At the end of last year, a forex funded program was added, allowing traders to trade with the company’s capital up to two million dollars without risking their own money. Traders begin with an evaluation account where they must meet simple profit targets to demonstrate consistency. Upon success, they receive a funded account starting from $5,000, $10,000, or $15,000, which is then multiplied by four for actual trading capital. Profits are shared with traders through monthly rebates, increasing as they progress through portfolio manager levels. The initial evaluation allows trading of 28 currency pairs, while higher levels include the ability to trade indices and gold. Detailed information is available via a provided link.

01:26:02

Trading Resources: books, websites and closing

01:26:02

The speaker concludes by mentioning additional markets available for trading, such as indices and gold at higher levels. They reference anacooling.com as a resource for books, analyses, and links. They thank viewers for attending, express hope that the session was informative, and mention plans to return next week with a potential change in format depending on audience feedback. They also advise viewers to watch for upcoming financial market changes expected to cause volatility.

By Anna Coulling – creator of volume price analysis