A huge day trading the emini futures, as risk on appetite evaporates
In these traumatic times, it was another big move on the US markets with all the three primary indices falling sharply as risk on sentiment evaporates again. Using the renko optimiser indicator for NinjaTrader in conjunction with the time based charts is such a powerful approach and one we show here for the YM Emini futures.
https://youtu.be/FgpbvV81b48
00:00
Introduction to US markets day trading
00:00
The webinar begins with an introduction to trading in the US markets, focusing on indices, commodities, and some Forex during the US trading session. The presenters emphasize that their approach is applicable to various markets and instruments. Before proceeding, they highlight an important disclaimer about the risks of trading and advise viewers not to use money they cannot afford to lose. They also introduce their trading methodology, volume price analysis, which involves examining charts through volume data.
01:07
Wyckoff method and volume price analysis
01:07
The segment introduces the Wyckoff method, which analyzes...
Overnight news from China leaves traders puzzled!
Overnight news from China leaves many traders puzzled as does the move in the Aussie prior to the release.
https://youtu.be/jXMvf6l_-dA
00:00
Webinar introduction and disclaimer
00:00
The webinar begins with a welcome and a reminder about the trading disclaimer, emphasizing the risks involved and advising participants to only use money they can afford to lose. The speaker notes ongoing market activity and prepares to discuss current developments.
00:32
Hosts and volume price analysis overview
00:32
The webinar is introduced by Anna and her husband David, who will explore the forex markets using volume price analysis, a technical methodology they have applied for 20 years. They will also incorporate fundamental factors into their market analysis.
01:01
Impact of global pandemic on markets and lives
01:01
The speaker discusses the current global situation dominated by the medical and health crisis due to the pandemic. They share personal experiences of being in lockdown for several weeks due to illness in their family. The segment highlights the widespread feeling of powerlessness...
Terrific trade on the EUR/AUD as the London forex market opens
We follow a great trade on the EUR/AUD which develops nicely during the session.
https://youtu.be/9WOrFzF_uFk
00:11
Introduction to Euro Aussie currency analysis
00:11
The speaker discusses their experience with the Euro/Ozzy currency pair, highlighting it as a prime example of analyzing currency strength using charts and indicators across multiple timeframes. They emphasize their focus as a reversal trader and describe witnessing a setup forming in this context.
00:59
Multi-timeframe currency strength overview
00:59
The speaker discusses analyzing the euro currency across multiple timeframes—3, 5, 10, and 15 minutes—to get a comprehensive view of its movement. Early in the session, trading conditions were congested, making it difficult to find trades. Patience is emphasized while waiting for a move developing consistently across different timeframes. The euro showed strong climbing momentum on shorter timeframes, with similar patterns emerging on the 10- and 15-minute charts, although moves tend to be less pronounced on slower timeframes as expected.
02:02
Euro and Aussie dollar trend comparison
02:02
The segment...
The power of the currency array indicator in multiple timeframes
The currency array indicator reveals so many things. Strength of trend, strength of buying and selling across the complex and universal sentiment to name a few!
https://youtu.be/IXHjWsjmQNk
00:13
Using Currency Strength Indicators
00:13
The speaker explains how they use the euro currency array to analyze trades. They mention picking trades based on currency strength indicators rather than just the console. The currency matrix, which updates in real time across charts, provides extensive information. The speaker focuses on the 3 to 15-minute time horizon and isolates the euro for detailed analysis.
00:45
Analyzing Euro Pair Movements
00:45
The speaker explains the importance of visually assessing multiple time frames to determine the strongest currency pair. They highlight that although the Euro New Zealand is moving more strongly on the three-minute chart, the Euro Aussie is the main focus. On the five-minute chart, the trend appears flat or slightly down, emphasizing the need to continuously monitor the overall direction.
01:18
Ideal Euro Pair Trends
01:18
The segment...
And here is the trap revealed on the GBP/JPY pair from earlier!
The crossover from one session to another is one of the most profitable times for the market makers and here's why. We looked at the GBP/JPY at the start of the London forex session and saw the volatility which is ever present at such times. Now we can see the trap has been sprung and the market has reversed sharply. All those forex traders who jumped into this pair on FOMO, the fear of missing out, on the initial rapid move higher, are now trapped in weak positions and regretting their decision.
https://youtu.be/yIJzb79MbPc
00:11
Pound Yen Market and London Session
00:11
The speaker explains market behavior during the London session crossover, focusing on the pound-yen currency pair. A rapid price move early in the London session creates a fear of missing out, enticing traders to jump in quickly. However, this often traps them in weak positions due to sudden reversals. This pattern frequently occurs...
Focusing on the EUR/AUD in the London forex session and volume price analysis
In this video, Anna focuses on the EUR/AUD pair as the London forex session gets into full swing, applying Wyckoff principles, particularly effort and result, one of Wyckoff’s three laws. This is the third law, which in simple terms means price and volume. The effort is the volume, and the result is the price action, and whether this is in agreement with the volume or in disagreement. An anomaly in other words. Volume price analysis reveals the truth behind the price action.
https://youtu.be/ePi8SxUJgrE
00:10
Introduction to Euro Aussie Renko analysis
00:10
The speaker discusses analysing the Euro-Aussie market using two platforms: MT5 with Renko charts and NinjaTrader with multiple timeframes (60, 15, 10, and 3 minutes). They highlight observing Wyckoff patterns, especially the effort and result principle, which indicates that the current market move is unlikely to continue much longer. The market is described as very volatile with spiky, whipsaw price action, characterised...
Applying volume price analysis to the forex market
As the London forex market gets underway Anna explains the basic principles of how to apply volume price analysis to the forex market and in particular how this is blended with Richard Wyckoff's three laws. These are supply and demand, cause and effect and effort vs result.
https://youtu.be/FT7KeJBAZv4
00:01
Webinar introduction and disclaimer
00:01
The webinar begins on time with a warm welcome to all attendees. The host notes that technical issues have been resolved despite one participant still unable to hear. Attendees are reminded to review the disclaimer displayed on their screens before proceeding.
00:31
Advice on trading risks and audience overview
00:31
The speaker advises viewers never to use money they cannot afford to lose when trading in any market, emphasizing the importance of this caution especially given current market conditions. The session includes a diverse audience, such as Forex program students and users of quantum trading indicators.
01:04
Session structure and volume price analysis
01:04
The speaker welcomes viewers who have discovered them...
Volatility and the crossover session
The crossover from one session to another is a dangerous time for forex traders and an extremely profitable one for the market makers. Why? Watch the video to discover why and what you are likely to see at every such period of the trading day, particularly in the Far East Asis to London crossover and later when the US markets open. Note the importance of having the volatility indicator from Quantum Trading which triggers in real-time and gives an instant warning of volatility in the market.
The indicator works on average true range and its power lies in forecasting what is likely to happen next which is either congestion, or a full reversal in trend.
https://youtu.be/8CI9gn59Tec
00:15
Introduction and currency array overview
00:15
The speaker greets the audience warmly and mentions some technical difficulties with audio. They then begin discussing their experience monitoring the currency pair pound-yen, noting that it has moved over a hundred pips during the past hour.
00:47
Using the currency...
Analysis of a trend on the GBP/JPY 10 minute chart
An analysis of the ten minute chart for the GBP/JPY currency pair using volume price analysis and the Wyckoff methodology.
https://youtu.be/V_6eTRlpyhc
00:09
MT4 vs MT5 chart flexibility and platforms
00:09
The speaker discusses the flexibility of MT4 and MT5 platforms compared to NinjaTrader. MT5 offers more time frames than MT4, but these are only time-based charts without tick or second charts. Users are limited to what the platform provides unless they switch to platforms like NinjaTrader, which offer more features. The speaker also mentions upcoming integration with TradeStation for futures trading and explains that on MT platforms, futures contracts such as the VIX are synthetic versions rather than actual contracts.
01:18
Trading cash indices vs futures contracts
01:18
The UK 100 cash index is discussed as a popular market among traders, including forex traders, who appreciate access to diverse markets. The US 30 cash index, equivalent to the Dow Jones, is also mentioned, noting that its values closely track both...
Using the renko indicator for trading forex
The Renko indicator is a wonderful indicator to use in combination with time-based charts, and in the webinar we show on the GBP/JPY pair.
https://youtu.be/sXlm05gRFaU
00:12
Forex factory numbers and central banks
00:12
The speaker comments on recent forex factory data, noting that the reported numbers are almost meaningless in the current context. They emphasize that the key focus should now be on central bank actions, as market conditions have deteriorated significantly. The speaker also mentions that the upcoming reports at the end of next month will be more important and expresses hope that the current low point is the worst of the situation.
00:49
Unprecedented speed of market fall
00:49
The speaker discusses the unprecedented speed of the recent market fall, emphasizing that while the scale of decline is not unprecedented, the rapidity is. They recall the downturns in 2000, 2007, and 2008, which unfolded gradually over months, contrasting with the current situation where significant declines have occurred within weeks. The speaker...
