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...
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...
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...
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...
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...
Trading success is all about levels and flow
Levels and flow define the areas of congestion, support, and resistance & finally accumulation and distribution using volume price analysis and the Quantum Trading tools and indicators.
https://youtu.be/7urYunxWdNw
00:18
Using Renko and Camarillo levels for analysis
00:18
The speaker explains that by coincidence, Dave David picked up on the same market movements they had been analyzing using NQ charts. They mention using a combination of Renko charts and Camarillo levels to track strong price action over the day and week. Due to the intensity of the price movement, they had to use the slowest timeframe, the hourly chart, to identify a key level that the index is likely heading towards.
01:06
Indicator shows six levels and breakout
01:06
The speaker explains a program designed to identify six levels instead of the usual four within the camera protocol. Using a faster three-minute chart, they demonstrate that the indicator has already surpassed the sixth level (S6). They also reference a Renko chart to better...
Learn about proxy risk and currency pairs
The AUD/JPY is a proxy risk currency pair which reveals much about sentiment in the broad markets. Discover why.
https://youtu.be/netm9SMQLwo
00:15
Overview of news sources for trading data
00:15
The speaker discusses options for accessing news websites, highlighting both free and paid services. They mention several platforms such as Forex Live, Forex Flow, Investing.com, Reuters, and Bloomberg, noting that paid services like Reuters and Bloomberg can be expensive. They also talk about live news feeds available through some brokerage accounts like MT5 and Interactive Brokers, which offer free live data depending on the platform and the amount of data needed.
01:36
Aussie yen price and volume analysis
01:36
The speaker analyzes the Aussie yen currency pair on Forex, highlighting recent volatility driven by high trading volumes during a market plunge affecting emerging markets broadly. There was initial indecision followed by weakness and a downward move into a low-volume price region. This low volume area on the volume point of control suggests price could...
Looking to enter a price waterfall? This is a classic candle
Looking to enter a a price waterfall? This is a classic candle to watch out for in this move.
https://youtu.be/r3UsEEPlIR8
00:19
Microphone and audio issues resolved
00:19
The speaker confirms their microphone is working and greets the audience multiple times. They express uncertainty about a previous technical issue, noting that the screen was visible to some but there was no audio. The speaker thanks everyone warmly for their participation.
00:48
Starting analysis with multiple CSIs
00:48
The speaker notes a technical oddity where the microphone icon disappeared from the chat, emphasizing it was likely not caused by their actions. They express a lighthearted frustration with technology before shifting focus to discussing multiple CSI intervals, mentioning having them set at three, five, ten, and fifteen minutes.
01:18
Strong selling on British pound
01:18
The current market shows strong selling pressure on the British pound, indicated by a significant drop in the yellow line. There is also notable selling activity elsewhere, presenting multiple reversal opportunities....
Watch out for big moves ahead of the London open for forex markets
https://youtu.be/FuUgaD6b4ds
00:01
Introduction and disclaimer
00:01
The speaker begins by checking audio connectivity with the audience through the chat box. After a brief technical hiccup with the headset, the webinar officially starts with a welcome message. The speaker then draws attention to the disclaimer displayed on the screen, noting the inherent risks involved in training.
00:29
Overview of market conditions and pound aussie
00:29
The speaker advises against using money one cannot afford to lose and introduces the webinar's content. They highlight recent significant price action in the Pound versus the Australian Dollar, noting important market divergences and shifts in sentiment and risk perception. The discussion points to an inflection point in broader market dynamics, emphasizing the relevance for those familiar with the program. The segment concludes by focusing on the upcoming London market open and the notable price movements observed in this currency pair.
01:37
Volume price analysis and session crossovers
01:37
The speaker introduces the methodology of volume...
Using non-time-based charts to see inside the price action
https://youtu.be/OsdlTIdSVy0
00:14
Volatility and volume pickup
00:14
The speaker apologizes for a delay and focuses on analyzing the current market situation. They note the presence of volatility and a volatility trigger, indicating potential congestion with either a reversal or continuation within the range of a specific candle. Additionally, a volume increase is observed shortly after 8:01.
00:45
Staying with the trend and managing emotion
00:45
The speaker emphasizes the importance of staying with the trend in trading and managing emotions after securing a profitable position. They highlight the challenge of maximizing potential gains while being cautious during crossover periods, specifically referencing the European market opening and the London session starting.
01:16
Trend dots and trend monitor indicators
01:16
The segment explains the interaction between two trading indicators: trend dots and the trend monitor. Trend dots change color first, signaling phases where a trend is slowing down, transitioning into congestion (gray), or potentially reversing. In contrast, the trend monitor provides a more considered, longer-term view...
