How to isolate currency pairs using two of the Quantum trading indicators

How to isolate currency pairs using two of the Quantum trading indicators

How to isolate currency pairs using two of the Quantum trading indicators In this video we show you how to isolate currency pairs using two of the Quantum trading indicators. The two indicators are the currency strength indicator and the currency matrix indicator and here we are using them on the MT5 platform. https://youtu.be/_G4X9POpRvI 00:10 Introduction to Forex trading indicator 00:10 The speaker reflects on tuning out earlier and then discusses returning to the topic of selecting and scanning for trading opportunities in Forex. They mention that some viewers may be familiar with their indicators, but for newcomers, the tool is designed to highlight potential trades. The speaker personally focuses on the British Pound and its currency pairs when using this tool. 00:46 Currency strength indicator overview 00:46 The dashboard features a currency strength indicator that breaks down the market into individual currencies. Each line represents a different currency and shows their recent movements. For example, the British Pound experienced a notable rise on the hourly chart earlier, followed by...
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All eyes on the Aussie dollar following the overnight RBA statement

All eyes on the Aussie dollar following the overnight RBA statement

All eyes on the Aussie dollar following the overnight RBA statement As the London forex session gets underway it's all eyes on the Aussie dollar following the RBA statement and rate decision, and across the Aussie complex, with a nice move lower developing on the AUD/USD. https://youtu.be/Cuf7RWPHXPk 00:12 Introduction to currency matrix and indicators 00:12 The discussion begins by revisiting insights related to the Australian dollar (Aussie) and the cable (GBP/USD) currency pairs, with a focus on recent developments involving the pound and Aussie. Attention is drawn to a currency matrix indicator, explaining that higher values on this indicator suggest strong and favorable moves in currency pairs. Despite notable market movements, the hourly chart for the pound shows relatively low indicator values, which is a key observation in assessing the strength of these moves. 01:32 Upgrading indicator with average value system 01:32 The speaker discusses plans to upgrade a system by adding indicators that classify extreme values as average, below average, or above average for a given time frame. Additionally,...
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How to identify the next level for the NQ emini using the Camarilla levels indicator

How to identify the next level for the NQ emini using the Camarilla levels indicator

How to identify the next level for the NQ emini using the Camarilla levels indicator As the NQ Emini continues to rampage higher and breaking out into new high ground, it's difficult to forecast here the next level might be. But not if you use the Camarilla levels indicator for NinjaTrader and here I explain how. https://youtu.be/Fcos1BO3fwE 00:00 Introduction and disclaimer 00:00 The speaker welcomes everyone to the webinar, mentioning it is afternoon in the UK. The session will focus on markets, primarily futures and some commodities, along with Forex. The speaker reminds viewers of the trading disclaimer, emphasizing the risks involved in trading. 00:32 Volume Price Analysis overview 00:32 The session emphasizes the importance of using only money one can afford to lose when trading. It introduces volume price analysis (VPA) as a method to interpret charts, combining price action with volume data to determine the genuineness of price moves. The approach is based on five key principles: price, price axiom, volume, support and resistance, candle patterns, and timeframes....
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Volatility and how to discover it for your market or instrument

Volatility and how to discover it for your market or instrument

Volatility and how to discover it for your market or instrument In this session from the US futures trading webclass Anna explains how to understand your market through the prism of volatility. https://youtu.be/DX_Xx9oo4SE 00:01 Webinar introduction and disclaimer 00:01 The speaker welcomes everyone to the webinar, apologizes for a brief audio issue, and points out the disclaimer displayed on the screen. They emphasize that trading involves significant risks and advise viewers not to use money they cannot afford to lose. The introduction also acknowledges first-time attendees. 00:32 Volume price analysis overview 00:32 The segment explains volume price analysis, which examines the relationship between price action and trading volume to determine the authenticity of market moves. Genuine moves are confirmed by volume, while anomalies often indicate potential pullbacks or reversals. The speaker also mentions an accompanying book that provides worked examples of this methodology for better understanding. 01:08 Book and methodology applicability 01:08 The speaker discusses a boxed set available on Amazon, primarily for Kindle, which includes versions for different markets like forex, stocks, indices,...
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Beware of the session crossover trap

Beware of the session crossover trap

Beware of the session crossover trap For unwary forex traders there are many traps to fall into, and this is one of them as we see on the GBP/USD in the London forex trading session. https://youtu.be/ddWmqMEWX6Y 00:14 Overview of Cable and multiple time frames 00:14 The speaker confirms the screen is visible and explains their setup using multiple time frames on the trading platform, including 15-second, one-minute, five-minute, ten-minute, fifteen-minute, and daily charts. They note a recent steady upward movement in the last hour on the cable (GBP/USD) currency pair. 00:52 Importance of session crossover and London open volatility 00:52 The speaker emphasizes the significance of session crossover in trading, particularly around the London open. Entering a trade earlier in a session, such as during the European open, can yield profits, but traders should anticipate increased volatility, reversals, and volume spikes when transitioning into the London session. This pattern is consistent across many currency pairs due to London's status as the largest and most liquid market. The example uses NinjaTrader's...
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The single currency in focus as European markets wait for PMI data

The single currency in focus as European markets wait for PMI data

The single currency in focus as European markets wait for PMI data Focus in this session is on the euro as the single currency awaits the PMI date for France and Germany. https://youtu.be/xQAKuCc_pYo 00:00 Introduction and disclaimer 00:00 The webinar host welcomes attendees from various backgrounds, including Forex program students, Quantum users, and newcomers. Before beginning, the host highlights the importance of the disclaimer displayed on screen, reminding viewers that trading can be risky and complex. 00:34 Forex market technical analysis overview 00:34 The speaker advises never to use money you cannot afford to lose and introduces the session's focus on analyzing the forex market through volume price analysis (VPA). This methodology combines price action with volume to verify if market moves are genuine or anomalies, helping to avoid traps. Additionally, VPA incorporates support and resistance levels, candlestick patterns, and timing to anticipate market direction. The explanation will be demonstrated using charts. 01:33 Fundamental landscape and related markets 01:33 The discussion focuses on the forex market, emphasizing that mastering technical analysis is just the...
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All sorts of traps for unwary forex traders!!

All sorts of traps for unwary forex traders!!

All sorts of traps for unwary forex traders!! For forex traders, there are many different traps waiting to be sprung, and in the London forex trading session this is yet another example, this time for the European fundamental news on the GBP/USD. https://youtu.be/4DOS5-a7dpk 00:10 Introduction to fast timeframe scalping 00:10 The speaker welcomes viewers and begins by discussing a fast 15-second trading timeframe they frequently use for scalping. They emphasize the value of using quick charts, such as a one-minute chart with NinjaTrader or a similar platform, especially when learning volume price analysis (VPA). The speaker highlights that fast charts allow traders to grasp lessons rapidly by observing market behavior closely, using the example of the London market open to illustrate these concepts. 01:17 Analyzing London open volume and price action 01:17 The discussion focuses on analyzing price action and volume during the London open, about 15 minutes into the session. The speaker highlights the importance of comparing volume and price within the same session to identify anomalies. They point...
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Fundamental data takes a back seat as the pandemic continues to dominate so patience required!

Fundamental data takes a back seat as the pandemic continues to dominate so patience required!

Fundamental data takes a back seat as the pandemic continues to dominate so patience required! With markets remaining nervous as the pandemic continues to dominate and fundamentals take a back seat, patience is required in these tricky market trading conditions. https://youtu.be/0fk3C9KbKOQ 00:12 Initial PMI data and market reaction 00:12 The speaker discusses monitoring recent market activity related to PMI data releases. They note that the first data set, a French PMI, was released quickly, but emphasize the German PMI at 8:30 as more important. The market reaction is positive, with 50 identified as a key inflection point. 00:47 Understanding PMI inflection point at 50 00:47 The speaker discusses analyzing fundamental data through graphical representations similar to market charts. They explain that a value above 50 indicates a well-performing market economy. The graph shows a sharp decline caused by the economic shutdowns due to the virus. 01:24 Context of unusual economic environment 01:24 The speaker discusses the unusual and abnormal context of the past two to three months, emphasizing that the environment has been far...
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Volume or price based support and resistance – here we use both!

Volume or price based support and resistance – here we use both!

Volume or price based support and resistance - here we use both! Many forex traders are familiar with price based support and resistance but few use volume. In this session from the forex trading webclass you will discover the power of both when used together. https://youtu.be/jXM8xgVjiB8 00:00 Introduction and disclaimer 00:00 The speaker welcomes everyone to the morning session and apologizes for the delay caused by the necessary disclaimer, which is a mandatory part of every webinar. They acknowledge some distractions due to recent price action in the market and remind viewers that trading involves significant risk. 00:30 Overview of Valen price analysis methodology 00:30 The speaker advises against using money you cannot afford to lose and introduces the Valen price analysis methodology used for market evaluation. This approach combines technical chart analysis with an understanding of fundamental factors and related markets, such as equities and bonds. Success in Forex trading, especially for the long term, requires integrating both chart signals and broader market fundamentals. 01:39 Drivers of Forex price action 01:39 The speaker...
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Learn how to search out the reversals using the currency strength indicator for NinjaTrader

Learn how to search out the reversals using the currency strength indicator for NinjaTrader

Learn how to search out the reversals using the currency strength indicator for NinjaTrader In this session, we focus on the currency strength indicator for NinjaTrader and learn how to search them out, and in this example using the EUR/CAD. https://youtu.be/7szd3EifmGo 00:11 Introduction and microphone setup 00:11 The speaker adjusts their screen and microphone settings, ensuring the audience can hear clearly. They mention moving from one location to another for a change of scenery and note that they've been active since early morning around 6 o'clock, indicating a long day ahead. 00:47 Analyzing currency matrix and volatility 00:47 The speaker discusses Euro buying influenced partly by selling from Ozzy. They refer to a currency matrix with multiple timeframes—one, two, three, and five minutes—highlighting the faster timeframes and mentioning the London market open. The focus is on identifying volatility and potential traps in trading. 01:25 London open trap moves and reversals 01:25 The discussion focuses on market movements typically observed around the London open at eight o'clock. It explains that trap moves often develop in...
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