The more you learn the more you earn with a fully funded forex trading account

The more you learn the more you earn with a fully funded forex trading account

They always say the more you learn the more you earn and this was never more true with the Complete Forex Trading Program as it now offers a unique path to leverage your knowledge and earn accordingly with the QTE Funded Forex Account. Now you can earn risk free trading a fully funded forex account starting at $5,000 and working your way up to $2 million dollars. Now you have an upgrade path to take you all the way zero to hero. Start your education with the program and then when you are comfortable select one of the three starting points of $5,000, $10,000 or $15,000 and from there to $20,000, $40,000 and $60,000 and onwards. A truly inique offering for all our students on the Quantum Trading Education program for forex.

00:12

Welcome and program introduction

00:12

The speaker warmly welcomes everyone, noting the misty weather and the approach of winter. They acknowledge some incoming questions and briefly mention adjusting the view before continuing.

00:49

Funded Forex program overview

00:49

The speaker introduces the basics of the funded forex program, specifically the evaluation stage. They emphasize that there are no demo accounts involved; all accounts use real money. Participants can choose to start with $5,000, $10,000, or $15,000 in their live accounts.

01:21

Evaluation stage details and levels

01:21

The speaker advises new participants in the education program to first complete the initial training before starting at the 5000 level, while more experienced traders may begin at higher levels such as 10,000 or 15,000. The evaluation stage is described as a two-way process where the program assesses the trader’s abilities and the trader assesses the program’s risk and money management approach. The program emphasizes conservative risk management to promote discipline and protect capital, with specific rules that must be understood and followed.

02:30

Profit targets and time limits

02:30

The speaker explains that traders can choose their preferred trading methods and time frames freely. The evaluation stage, however, has a strict 12-month time limit during which traders must achieve a profit target of 6% on their initial capital. For example, on a $5,000 account, the profit goals are set at $300, $600, and $900 for different levels, and traders have the full 12 months to meet these targets.

03:05

Importance of trading consistency

03:05

The evaluation stage emphasizes achieving a minimum number of trades to demonstrate consistency, which is crucial for success in trading. The program focuses on proving consistent performance over time, regardless of the account size or trading style—whether long-term trends, intraday scalping, or hedging. Once consistency is shown over several trades and months, traders can scale up to larger accounts, having demonstrated discipline and understanding of the business.

04:44

Account scaling after evaluation

04:44

The program allows traders to scale their trading capital by a factor of four, advancing from a $15,000 account to $60,000, ultimately reaching a portfolio manager level. The focus during the evaluation stage is on achieving consistency in trading, regardless of lot size. The difference between trading mini lots and full lots is mainly the dollar amount involved. This program, exclusive to Quantum Trading Education students, offers an upgrade path to access larger funds, enabling them to test their skills with minimal personal risk beyond the initial program fee. After passing the evaluation, traders receive a share of the profits as a reward.

06:32

Profit sharing and portfolio stage

06:32

The speaker explains the progression from the evaluation stage to the portfolio manager stage in a trading program. Initially, traders earn a percentage of their profits as a lump sum. Upon moving to the portfolio manager level, their trading capital is multiplied by four, increasing from, for example, $15,000 to $60,000. Monthly profit returns are paid at 40% of the profit, with a profit target increasing from 6% at the evaluation level to 10% at the portfolio manager level. The capital then doubles repeatedly, progressing through $60,000 to $120,000, $240,000, $480,000, and up to $2 million. Risk and money management rules remain consistent throughout, with only capital factoring and profit return percentages changing.

08:20

Details of this unique funded trading program are exclusive to students and provide an opportunity to access significant funding levels not typically available. Information including payment links, program terms and conditions, and detailed PDFs are available on a dedicated education tab. Prospective participants are encouraged to thoroughly read and understand these materials before joining. Additionally, four explanatory videos cover the program structure and key risk and money management principles to help students prepare and make informed decisions.

10:02

Market update and volatility analysis

10:02

The speaker reviews a very successful trading day focused on longer-term positions in yen pairs and other risk currencies, which yielded several thousand dollars in profit. They discuss the volatility trigger observed on the daily chart for the Cadiana pair, noting an expected congestion phase despite a substantial volume spike that appears anomalous compared to previous volume levels. This volume discrepancy suggests that the explosive price move may not be strongly supported by volume, indicating a potential pullback.

11:57

The discussion shifts to futures markets (YM, NQ, ES), illustrating the ‘souffle effect’ where an initial sharp move attracts traders, followed by a consolidation or flattening phase. The speaker highlights differences in volatility and volume across these futures: YM closed up with moderate volume, NQ closed down significantly, and ES showed a strong upper wick with relatively low volume. These volume and price patterns suggest caution. The segment ends with a transition to reviewing currency strength indicators across various timeframes.

13:00

Currency strength indicator insights

13:00

The segment discusses how the currency strength indicator reveals market dynamics, highlighting significant sideways price action except for the pound, which shows notable strength, especially around the London open. It emphasizes looking for reversals and trading opportunities by analyzing extremes on various currency strength tools like the currency matrix and heat map. Traders are advised to identify these extremes as potential entry points for reversal trades.

15:01

This part focuses on specific currency movements, noting the pound is becoming overbought on short time frames, while the Canadian dollar is approaching oversold levels. The currency matrix shows mixed signals overall but confirms the pound’s strong buying momentum across multiple pairs. The segment highlights a ‘full house’ scenario where all pound pairs rank strongly, indicating clear and consistent pound strength on fast time frames.

16:00

Multiple time frame analysis explained

16:00

The discussion focuses on the behavior of pound currency pairs on various time frames, noting that the pound yen tends to lag. On faster time frames like the 15-minute and 1-minute charts, pound pairs begin to show different movement patterns, with some pairs sliding down rankings while others like the euro pound rise. This reflects the early stages of trend changes starting on the fastest time frames before impacting longer ones.

17:01

Trends develop progressively from very short time frames (seconds) up to longer ones (minutes and hours). Short-term price movements, often exploited by scalpers, appear as minor pullbacks to longer-term traders but represent tradable micro trends. The currency market operates on mean reversion, with currencies constantly moving between extremes, which can be observed through tools like the currency matrix that highlight these sentiment-driven flows.

18:14

Sentiment flow can be tracked by watching how currency pairs shift positions on the matrix across different time frames. Initial changes occur on the shortest time frames, causing pairs to decouple and move in opposite directions. For example, the euro pound can rise from the bottom as others fall, demonstrating the power of using multiple time frames simultaneously to detect and confirm trend shifts.

19:16

The currency matrix and currency array are complementary tools that offer different perspectives of price action. The matrix provides a closer, quicker view of trends, while the array offers a longer-term, more considered perspective by stepping back from immediate price action. Using both allows traders to gain advanced warnings of trend developments and better understand overall market sentiment and strength.

20:18

Focusing on the pound and Canadian dollar pairs on the three-minute chart reveals strong trend development in the pound cad, reflecting the pound’s rise and the Canadian dollar’s decline. The euro pound shows moderate strength but is not as dominant. This illustrates how the currency array highlights the strongest trends and sentiment flows, providing valuable insights into currency strength and market dynamics.

20:51

Using currency matrix and array

20:51

The segment explains how three indicators from the CSI relate to the currency matrix, currency trend, and currency heat map. The currency heat map consolidates price behavior data across various time frames, displaying individual data from the currency matrix in its cells. It also incorporates sentiment analysis, indicating whether sentiment is bullish or bearish. The data is weighted according to the time frame, with longer time frames like 15 minutes, hourly, daily, or monthly carrying more significance than shorter ones such as one minute.

22:06

Currency heat map and sentiment

22:06

The Australian dollar is currently the strongest currency, reflected by mostly green cells on the heat map, with some minor red spots. Weekly sentiment is beginning to show potential bearish changes influenced by daily fluctuations, while monthly strength remains evident. The currency ranking on the heat map is weighted by timeframes, so hourly sentiment changes carry more impact than shorter intervals. This weighting means currency rankings move gradually, offering opportunities for longer-term trend traders to identify potential shifts in the near future.

23:13

The heat map provides a visual representation of sentiment across different timeframes, showing minor daily fluctuations but more stable rankings overall. It captures the ripple effect of sentiment changes through the market, similar to a matrix, where bearish trends start to emerge, such as with the dollar Swiss. This ongoing visual allows traders to track sentiment shifts on an hourly basis and anticipate potential moves in currency strength or weakness.

24:09

The heat map consolidates multiple timeframes into one chart, enabling traders to gauge which currency pairs are overbought or oversold and identify potential reversals. The speaker isolates specific currencies like the pound, dollar, Aussie, and euro to analyze mixed sentiments and expected trends. For example, a continued rise in the Aussie and a drop in the euro would indicate a strong directional move, similar to patterns seen on the currency matrix where a cluster of currencies at extremes signals strong market consensus.

25:14

Market activity is currently quiet following recent volatile sessions. The euro is showing strength on short-term charts, such as the five-minute timeframe. The speaker shifts focus to pairs involving the euro and yen, noting the yen still has room to move. Adjustments to the chart views are made to better analyze these pairs and observe their sentiment and price action trends.

26:00

Volume and price action validation

26:00

The speaker analyzes daily volatility candles, noting inconsistencies between volume and price action. They highlight examples where volume and price agree and others where they don’t, emphasizing the importance of benchmarking volume against price movement on daily charts. The discussion points out that some high-volume candles coincide with narrow price ranges, indicating potential market maker activity. The overall message is about using volume-price alignment as a tool to understand market behavior and anticipate opportunities.

27:45

The market is currently experiencing congestion with sideways price action and limited major moves, described as the ‘souffle effect.’ Opportunities are limited and require careful selection, with some mention of specific currency pairs like EuroCAD and the British pound approaching oversold and overbought conditions. The speaker notes the need to monitor multiple time frames for better insights. The segment ends with a handoff to another speaker who is reviewing indicators and noting the pound’s recent upward tick despite earlier overbought signals.

29:11

Pound Yen chart and volatility candle

29:11

The discussion begins with an analysis of currency movements, focusing on the pound-yen and euro-dollar pairs. The euro-dollar is noted to be moving higher, having increased from a value of plus eight or nine to plus eleven. It is highlighted that values in the middle range suggest market congestion, which could lead to potential trading opportunities if a breakout occurs.

29:42

Attention shifts to the pound-yen daily chart, where a significant large candle from the previous day triggered the volatility indicator. This event provides important support and resistance levels beyond the usual daily highs and lows. The large candle indicates substantial market volatility, making these levels particularly relevant for trading decisions.

30:17

The volatility candle’s volume is examined, revealing that while volume is high, it is somewhat low relative to the candle’s range. This suggests that despite the large price move, the trading activity behind it might not be as strong as the candle size implies. These insights aid in understanding the significance of support and resistance levels derived from volatility indicators.

30:53

It is cautioned that markets often produce impressive but fleeting moves, likened to fireworks without lasting substance. Traders should focus on finding genuine trading opportunities within their chosen time frames rather than relying on market expectations or preconceived notions about what the market should do.

31:23

The concept of cognitive dissonance in trading is introduced, emphasizing the challenge of holding conflicting thoughts simultaneously. Traders must learn to set aside preconceived ideas and focus on what the chart actually shows, which can be difficult when market behavior contradicts prior beliefs or information.

31:51

The brain’s natural risk aversion is discussed as a psychological barrier in trading, which requires conscious effort to manage. Returning to the daily chart, the recent volatility candle retraced within its own spread and is now attempting to move higher, indicating the current state of market action on the daily timeframe.

32:20

Support and resistance levels

32:20

The speaker analyzes the hourly chart using the camarilla indicator to identify significant levels. They note that recent strong moves have broken through weekly levels that usually hold for the entire week, suggesting potential reversal points as price interacts with these levels.

32:54

Attention shifts to the R6 level on the hourly chart, described as the last major support where the price is currently attempting to stabilize and break free. The speaker contrasts weekly levels with daily levels, highlighting that daily camarilla levels refresh each day for more immediate insights.

33:28

On the 10-minute chart, the price is in a neutral buffer zone between S1 and R1 levels, moving mostly sideways with a slight upward bias. The speaker uses the CSI indicator to isolate the currency pair and observes buying interest in the pound, providing a more nuanced view of market momentum.

34:01

The CSI shows a creeping upward move not entirely driven by the pound but rather by a weakening yen. A strong trend is confirmed when both currencies move with equal force—one strengthening while the other weakens—indicating a robust directional move.

34:33

To join a trend, the speaker advises looking for pullbacks or corrections confirmed by volume analysis. This approach is elaborated further in their program, which offers a deeper examination of trend entry techniques using shorter time frames like the three-minute chart.

35:07

Trend analysis and pullbacks

35:07

The speaker explains the concept of primary, secondary, and micro trends, emphasizing how understanding these can help identify trading opportunities, especially during pullbacks or corrections. They describe a chart pattern where the price moves sideways in a congestion zone between key support (S1) and resistance (R1) levels, referred to as a buffer zone. This sideways movement is visible on both three-minute and ten-minute charts, with clearly marked support and resistance, indicating a period of indecision in the market.

36:18

The discussion continues with an analysis of a slight upward bias in the price action, attributed to selling of the yen rather than buying the British pound. The speaker highlights the use of non-time-based charts, specifically a rank chart set at three pips, to aid in timing entries. The key entry rule involves examining price structure and identifying signals such as trend dots and trend monitors as price exits congestion or reverses, helping traders make informed decisions.

36:57

Renko charts and entry signals

36:57

The segment explains how Renko charts capture pullbacks and corrections within a trend, highlighting three consecutive red bearish candles followed by a neutral gray color indicating congestion. The trend monitor remains bullish (blue), suggesting the price may continue higher if it breaks significant resistance levels identified earlier in the day. The movement is described as slow and cautious.

38:07

The discussion focuses on the slow upward crawl of the market, emphasizing the need for patience due to low matrix values and unclear strength in the pound. Traders are advised to wait for confirmation, such as the price reaching resistance (R1), before expecting further gains. Multiple time frames and individual indicators should be combined to suit one’s trading style. It is noted that unlike the previous day, a strong upward move is unlikely without significant positive news.

39:21

The speaker speculates on potential market reversals driven by news, such as delays in availability or further testing requirements, which could impact market sentiment. The focus then shifts to the Euro/Canadian dollar (EUR/CAD) pair, where a reversal trade is identified. Indicators on multiple time frames, including volume price analysis (VPA), show weakening momentum in the Euro and strengthening Canadian dollar, signaling a possible reversal setup.

40:36

Reversal trades and indicator access

40:36

The speaker explains their trading strategy of focusing on extreme market conditions, such as overbought or oversold levels, to identify reversal opportunities early and catch trends. They also promote their trading indicators available at quantumtrading.com for platforms like MT4, NinjaTrader 7 and 8. Purchasing the complete package includes access to all current and future indicators across supported platforms, providing significant value to long-term customers. Additionally, the rollout of their tools for TradeStation is expected soon, possibly within the next week.

42:05

Tradestation platform update

42:05

The speaker discusses two versions of TradeStation: version 9.5, which integrates with Interactive Brokers allowing trading through a discount brokerage, and version 10 and above, known as TradeStation Securities, which features advanced radar screens and an exciting platform update. They mention upcoming webinars focused solely on TradeStation, emphasizing intraday and day trading on stocks, including analysis of time and sales data and level two quotes. Additional resources such as books and the Quantum Trading education program are available on their website and Amazon.

43:06

Quantum trading education program

43:06

The program now offers students the opportunity to trade a funded account, providing a complete educational roadmap. This upgrade allows students to apply their comprehensive knowledge, tools, and indicators in a practical setting on the MT4 platform, aiming to help them earn profits. The program is designed to support student success by offering a clear path to put skills into action within a controlled risk environment.

44:12

The funded trading opportunity is structured conservatively to ensure comfort and safety for students. Success in this stage can lead to progression through higher levels of the program. Students are encouraged to thoroughly review all available materials, including videos and PDFs, before joining to fully understand the commitment and benefits.

44:49

Psychology and technical modules

44:49

The program offers a comprehensive learning experience starting with a psychology trading module that helps students understand themselves for greater success. It includes eight detailed PDFs and covers fundamental analysis, relational analysis focusing on market interrelationships with forex at the core, and an in-depth technical analysis module centered on volume price analysis (VPA). Additionally, the mechanics of trading module addresses tactics, risk and money management, timing, and trading plan development. The program features over 250 hours of video content and approximately 400 to 450 lessons, establishing it as a gold standard. This foundation supports the funded forex program, enabling students to apply their knowledge practically and aim for profitable trading outcomes.

46:20

Session closing and next meeting

46:20

The speaker, Bertie, concludes the session by thanking viewers for joining and hopes they enjoyed the content. They note the current trading session appears stagnant but may improve later. Viewers are invited to return next week at 7:45 UK time or later today at 3:00 PM UK time for the new session.

By Anna Coulling – creator of volume price analysis