Using volume price analysis to day trade forex in the London session on the MT4/5 platform
Using volume price analysis to day trade forex in the London session on the MT4/5 platform
https://youtu.be/a8EAhFBS1SY
00:00
Introduction to Forex Market Webinar
00:00
The webinar begins with a welcome and disclaimer emphasizing the risks of trading and advising against using money one cannot afford to lose. The session focuses on analyzing the forex market through volume price analysis (VPA), which examines the relationship between price action and market activity, particularly in the spot market. While spot market volume is based on tick activity rather than trade volume, it is sufficient for VPA methodology. The goal of the analysis is to predict future price movements, and the discussion will also consider fundamental news releases impacting the forex market.
02:01
Volume Price Analysis and Related Markets
02:01
The speaker explains the importance of analyzing related markets to understand market sentiment, such as risk-on or risk-off conditions, which are reflected in certain currencies and pairs. They emphasize starting analysis with charts using volume price analysis (VPA), noting that price action and...






