The most dangerous thing to do in trading!

The most dangerous thing to do in trading!

The most dangerous thing to do in trading! Trading with an opinion is one of the most dangerous things to do in trading, and in this video we explain why. Instead trade what you see on the chart and not what you think! https://youtu.be/2qtX40Gbd_s 00:01 Introduction and trading disclaimer 00:01 The presenter welcomes viewers from various parts of the world, acknowledging different time zones. They emphasize the importance of the disclaimer on screen, reminding everyone that trading involves significant risks and to never use money they cannot afford to lose. 00:28 Volume price analysis basics 00:28 The speaker introduces volume price analysis (VPA) as a method to interpret charts by examining price action alongside volume to validate market moves. They emphasize the complexity and potential manipulation in trading, highlighting the importance of VPA in gaining an advantage. The concept extends beyond basic principles, hinting at an expanded approach to understanding market behavior. 01:33 Multi-time frame analysis importance 01:33 This segment explains the importance of analyzing support and resistance candle patterns across multiple time frames...
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Learn how to trade index futures

Learn how to trade index futures

Learn how to trade index futures In this video, David shows you how to trade index futures in real-time using the Quantum Trading tools and indicators and applying the volume price analysis methodology. It's an interesting session with the NQ Emini once again leading the way higher for the other indices. And of course as always, the US indices send a clear signal for risk on or risk off sentiment for forex traders through the prism of relational analysis. https://youtu.be/zWclk4LMgS8 00:15 Divergence in YM, NQ, ES indices 00:15 The speaker discusses the current market behavior observed in the YM, NQ, and ES indexes, highlighting frequent divergences among them. There have been strong up days for the NQ, down days for the YM, and mixed movements for the ES. This lack of consistency results in various patterns where one or two indexes move up or down independently, reflecting a complex and unsettled market environment. 01:13 Normal vs current trading conditions 01:13 The speaker explains that the current market is experiencing abnormal...
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Congestion phases – the most important price action on the chart

Congestion phases – the most important price action on the chart

Congestion phases - the most important price action on the chart Congestion phases are the most important part of any price chart since this is where trends are born, and to succeed all we have to do is be patient and wait for them to break away. This is where volume steps in to confirm the trend away. https://youtu.be/J8UM_9HCQvA 00:02 COT data for Euro on UK Investing.com 00:02 The speaker has located the URL for the Commitment of Traders (COT) data on the UK version of investing.com, specifically for the euro. They explain how to access the euro speculative positions data on the site, noting that the speculative positions have risen to 180.6, which is a notably high level historically. 00:46 Bundesbank court case and Euro politics 00:46 The speaker reflects on a significant peak that has been reached, noting it as the highest so far. They provide an update on the Bundesbank situation, mentioning that all issues have been resolved quietly without much public fuss. The discussion highlights the...
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What to look for at the start of each trading day in forex

What to look for at the start of each trading day in forex

What to look for at the start of each trading day in forex In this introduction video I walk you through the charts and indicators I consider at the start of each trading day in forex. https://youtu.be/m21PyTkYkcw Session start and trading disclaimer 00:01 The session begins with a welcome and a note on the possibility of a power outage interrupting the recording. The presenter emphasizes the importance of the disclaimer about trading risks, advising viewers not to use money they cannot afford to lose. The focus of the session will be on forex trading. 00:28 Forex market and volume price analysis 00:28 The video introduces the use of volume price analysis (VPA) to study market charts. This methodology helps to validate whether the observed price actions are genuine. The best way to understand VPA is to see it applied live and on historical charts, as its signals tend to repeat across different markets and timeframes. 01:04 Market sentiment and fundamental news 01:04 The speaker discusses the importance of monitoring fundamental market factors and...
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Discover how to trade index futures using a combination of charts

Discover how to trade index futures using a combination of charts

Discover how to trade index futures using a combination of charts In this portion of the webclass we show you how to trade index futures using a combination of charrting techniques and also in multiple timeframes. Renko charts on their own are powerful as they smooth out the price action and also reveal momentum, but when using with time based charts, this gives us the best of both worlds with volume price analysis. https://youtu.be/bhOE6Q4AZI4 00:13 Switching to NQ index and currency strength 00:13 The speaker explains their shift from trading oil to focusing on the NQ index due to recent market movement. They highlight the use of a currency strength indicator, noting that the yen has been fluctuating between selling and buying, indicating market indecision. The speaker also describes using Renko charts set to different time frames (15 seconds, 30 seconds, and one minute) through a Renko optimizer tool that allows customization to match specific time frames. 01:12 Renko optimizer and brick size explanation 01:12 The video explains how to...
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More lessons in volume price analysis courtesy of the Aussie yen pair

More lessons in volume price analysis courtesy of the Aussie yen pair

More lessons in volume price analysis courtesy of the Aussie yen pair With risk-on sentiment in evidence this morning as the London forex session gets underway, we focus on the Aussie yen pair as a proxy for risk with a steady move higher as US indices rally once more on GLobex. https://youtu.be/6yJEyokY0zI 00:15 Introduction to Aussie Yen and risk sentiment 00:15 The speaker briefly greets the audience and encourages them to explore bond prices and yields on investing.com. They then shift focus to the Aussie Yen currency pair, highlighting its positive movement over various timeframes and emphasizing that the current trends are driven by risk sentiment. 00:44 Risk on vs risk off market dynamics 00:44 The segment explains that financial markets move based on risk sentiment, described as a seesaw between risk-on and risk-off modes. Money flows either toward safe havens or toward higher risk for higher reward, influencing currencies, equities, commodities, and bonds. The speaker highlights monitoring the Aussie yen currency pair alongside the VIX index to observe market...
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Some great volume lessons on the EUR/AUD in the breakaway trade from congestion

Some great volume lessons on the EUR/AUD in the breakaway trade from congestion

Some great volume lessons on the EUR/AUD in the breakaway trade from congestion The breakaway trade often gets a bad press due to fakeouts, but if you are a volume trader this is not a problem, as volume reveals the truth behind the price action and therefore whether a move away from the congestion phase is true or false. https://youtu.be/6qIuxT8UO5M 00:11 Introduction to Euro Aussie and Pound pairs 00:11 The speaker discusses their ongoing interest in the Euro/Aussie currency pair, highlighting it as a long-term position. Recently, they have focused more on the British pound and its related pairs, sharing analysis on their Learn Forex Trading page on social media platforms like Amazon and Facebook. They note the pound's strong recent movements and mention the concept of seasonality in currency trading, suggesting that traders might benefit from focusing on a few pairs consistently due to seasonal trends. 01:20 Impact of Brexit and EU summit on Pound 01:20 The discussion focuses on how currencies are influenced by political events, highlighting Brexit...
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Discover how to identify anomalies when day trading emini futures

Discover how to identify anomalies when day trading emini futures

Discover how to identify anomalies when day trading emini futures Discover how to identify anomalies when day trading emini futures and in this video we focus on the YM Emini, the NQ Emini and the ES Emini index futures. https://youtu.be/XqNSZogtL7I 00:11 Overview of US indices and futures 00:11 The speaker shares their screen showing the US indices, including the YM, Q, and ES futures contracts, which represent the Dow, NASDAQ, and S&P 500 respectively. They explain the layout of their global workspace with five-minute charts on top and daily charts below. Additionally, they mention having the VIX (volatility index) displayed on another screen, preparing to pull it up for reference. 00:43 VIX chart timeframes and anomalies 00:43 The speaker discusses viewing the VIX (Volatility Index) on different time resolutions, including two-minute, five-minute, ten-minute, fifteen-minute, twenty-minute, and daily intervals. They mention adjusting the chart settings to observe these various timeframes and note the unique characteristics of the VIX across these periods. 01:19 Market relational behavior breakdown 01:19 The speaker discusses the relational aspect of market...
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A lesson in volume price analysis

A lesson in volume price analysis

A lesson in volume price analysis In this vidwo we take a closer look at the NQ emini and apply the volume price analysis methodology to analyze the daily chart for the futures contract. https://youtu.be/Q9FQ5sSrX5c 00:11 Bullish momentum developing across indices 00:11 The speaker discusses a developing bullish momentum across multiple market indices, including YM, NQ, and ES, observed on a five-minute chart. The ES and NQ are in agreement showing upward trends with decent volume supporting recent candles, though the YM is currently struggling. Additionally, the VIX is falling, indicating reduced volatility. The trend monitor confirms this bullish trend progression, showing a shift from 15-second to one-minute intervals, suggesting the trend is potentially sustainable and tradable at this stage. 01:10 Strong bullish trend confirmed on multiple timeframes 01:10 The analysis begins with a strong bullish trend identified across multiple timeframes—3, 5, 10, and 15 minutes. There was a significant volume increase on the latest 15-minute candle, indicating a strong upward move. The price successfully broke through a low volume...
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Volume price analysis reveals the truth behind the price action

Volume price analysis reveals the truth behind the price action

Volume price analysis reveals the truth behind the price action Many traders rely on price alone to forecast future direction, yet this is only half the picture, a two dimensional one at best. What volume does is provide a three dimensional view of the chart and what is going on behind the price action. It removes the cloak of secrecy which is used by all the insiders to hide their activity. With volume they cannot hide and as volume traders all we need to do is follow them. Buy when they buy, sell when they sell and stay out when they do - it's that simple. https://youtu.be/OOl83EVD6zA 00:10 Introduction to volume price analysis and sentiment trading 00:10 The speaker discusses a reversal pattern observed on the Canadian pound using a Renko chart and introduces a sentiment trading website featured in a recent Forex webinar. This site offers a free newsletter and numerous sentiment indicators designed for investors. The tagline emphasizes leveraging emotions in trading, highlighting how...
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