education for forex Archives - Page 6 of 11

AUD and GBP in focus at the start of the London forex session

August 4, 2020February 14, 2026 by Anna Coulling Comment Closed

AUD and GBP in focus at the start of the London forex session As we begin another week, here it’s the Aussie and the British pound in focus as I take a look at their slower timeframe charts for these two currency pairs. https://youtu.be/yLrJ8SNNNiE 00:03 Introduction and Trading Disclaimer 00:03 The webinar begins with a welcome message and a reminder about the risks involved in trading. Participants are advised not to use money they cannot afford to lose. The session will focus on analyzing trading charts. 00:33 Volume Price Analysis Overview 00:33 The session introduces volume price analysis, a methodology that examines price action alongside trading volume to validate chart movements. The presenter notes the attendance of various participants, including forex students, quantum users, and newcomers, indicating a diverse audience interested in understanding this analytical approach. 01:05 Combining Technical, Fundamental, Political Factors 01:05 The speaker discusses analyzing books available on Amazon and emphasizes the importance of considering not only the technical aspects of charts but also fundamental news, related markets, and the political situation....

Using time and non time based renko charts on MT5 to trade the GBP/USD currency pair

August 4, 2020February 14, 2026 by Anna Coulling Comment Closed

Using time and non time based renko charts on MT5 to trade the GBP/USD currency pair In the third part of this morning’s webclass I take a look at the GBP/USD pair and explain how to trade it using time based charts and volume price analysis and non time based charts in the form of the renko for MT5. https://youtu.be/GKOs1qwvApE 00:23 Cable profile and pound move overview 00:23 The speaker apologizes for technical issues with a stuck window on their monitor and proceeds to discuss the profile for the British pound (Cable). They reference a notable recent move in the pound against the New Zealand dollar and focus on the 10-minute chart for Cable, having isolated it from other currencies. They note that the pound is still moving higher during this period. 00:59 Dollar selling off vs pound new zealand 00:59 The discussion focuses on currency movements, noting that while the dollar is selling off, this trend hasn't fully mirrored what has been observed in the New Zealand dollar. On...

What the currency strength indicator reveals in multiple timeframes

August 4, 2020February 14, 2026 by Anna Coulling Comment Closed

What the currency strength indicator reveals in multiple timeframes In the second part of this morning’s webclass David explains how to use the currency strength indicator in multiple timeframes and what it reveals to help you understand the price cycle of mean reversion. https://youtu.be/qBiOZRhoe-s 00:13 Introduction to multi-time frame analysis 00:13 The speaker greets the audience and confirms their microphone is working. They prepare the workspace and reference a previous discussion by Anna about the 60-minute chart for the Australian dollar, indicating they will begin by reviewing that chart. 00:55 Aussie dollar resistance and volume points 00:55 The speaker analyzes the Aussie dollar on a five-minute chart, noting it was trading near the volume point of control with strong resistance just above 71.50. They emphasize the importance of using multiple time frames in trading, as it provides varied perspectives on volume and price analysis, which is crucial for informed decision-making. 01:31 Volume indicators and accumulation distribution 01:31 The segment explains various trading indicators used to analyze market sentiment and volume. It highlights the trend...

How to select the best currency pair with the strongest trend

August 4, 2020February 14, 2026 by Anna Coulling Comment Closed

How to select the best currency pair with the strongest trend How to select the best currency pair with the strongest trend using the currency majors matrix. Here we focus on the USD and see which pairs are trending and which are not, but more importantly why using the currency strength indicator. https://youtu.be/Aw7JkbduSBE 00:16 Introduction to currency strength matrix 00:16 The speaker begins by ensuring their microphone is on and introduces the topic centered around the 'dollar workspace' or 'dollar matrix.' They mention focusing on six out of seven currencies, including the dollar and yen, and emphasize the importance of understanding which currencies and currency pairs are actively moving and which are not. 00:44 Dollar and Swiss franc price movements 00:44 The discussion focuses on analyzing the CSI to understand market movements, specifically why the dollar and Swiss franc are moving the way they are. The speaker describes a clear price waterfall effect with falling prices, widening spreads, and rising volume, highlighting the textbook nature of this market behavior. The...

The cross currency pairs can really deliver for forex traders

July 30, 2020February 14, 2026 by David Coulling Comment Closed

The cross-currency pairs can really deliver for forex traders As forex traders, we tend to focus on the currency majors, but if you open your eyes and move to some of the cross-currency pairs, you will be surprised at the strong trends they can deliver. In this video I highlight one example using the EUR/CAD. https://youtu.be/dQJWjAdUh7I 00:13 Switching from Ninja to MT5 platform 00:13 The speaker switches from using Ninja to MT5 trading platform, noting that MT5 offers more time frames and greater flexibility compared to MT4. They highlight that MT5's variety of minute charts aligns well with their ongoing discussions about oil in forex trading. 00:46 Importance of relational market analysis 00:46 The program includes a module on relational analysis, which involves examining markets outside the one being traded. For example, forex traders need to understand the bond, commodity, and equity markets. Similarly, index futures and stock traders should consider external market influences to enhance their trading strategies. 01:22 Understanding market sentiment via currencies 01:22 The speaker emphasizes the importance of understanding immediate...

More lessons in volume price analysis in the spot forex markets

July 29, 2020February 14, 2026 by Anna Coulling Comment Closed

More lessons in volume price analysis in the spot forex markets The EUR/USD delivers some more lessons in volume price analysis during the London forex trading session. The volume price analysis methodology is based on Wyckoff's three laws of effort and result, cause and effect and of course supply and demand. https://youtu.be/WVMP8MQruc0 00:13 Introduction to Eurodollar VPA lessons 00:13 The speaker revisits the MT5 platform, focusing on the Eurodollar to highlight key Volume Price Analysis (VPA) lessons. They mention how the volume point of control, indicated by a yellow line, was initially low on the three-minute chart and marked the start of a strong upward move. The speaker also discusses the timing on MT5, noting a two-hour adjustment needed for their version to align the timestamps correctly. Although the move coincided roughly with the European market opening, it was primarily a successful example of a breakaway trade, with some confusion about chart timeframes resolved by switching back to the three-minute chart. 01:24 Volume Point of Control dynamics explained 01:24 The...

Using the renko indicator on MT4 or MT5 to find trades in forex

July 23, 2020February 14, 2026 by Anna Coulling Comment Closed

Using the renko indicator on MT4 or MT5 to find trades in forex In this video we explain how to use the renko indicator on MT4 or MT5 to find trades as a scalping trader in forex. The renko chart is a perfect way to trade as it reveals the momentum in the market, something you never see on a time based chart. The reason for this is that a renko chart is not based on time, but on the size of the brick. This is what governs the open and close of the brick and once this metric has been met, the renko brick is closed and moves on to build the next. https://youtu.be/f_A9AyyJ7fs 00:14 Analyzing slower vs faster time frames 00:14 The speaker discusses analyzing slower time frames for trading decisions, contrasting this with their current focus on faster time frames. They mention using MT5 instead of MT4 for charting and highlight a significant downward move in the US Dollar to Canadian Dollar currency...

Using related currency pairs to help in your forex trading

July 21, 2020February 14, 2026 by Anna Coulling Comment Closed

Using related currency pairs to help in your forex trading In this section from the London forex trading web class we explain how to use related currency pairs to help you in your forex trading. In this example, we use the example of the currency majors matrix to explain the principles, but this could be for any other currency. https://youtu.be/4J7L28BvnBg 00:12 Introduction to Majors Matrix and currency pairs 00:12 The speaker apologizes for technical issues due to logging in as an attendee without screen control. They quickly move to discuss the 'majors matrix,' referring to major currency pairs including the Australian dollar, euro dollar, Canadian dollar, and New Zealand dollar. 00:40 Visual perspective on currency strength and selling trends 00:40 The speaker explains a visual tool resembling a currency matrix that shows the strength of the US dollar against major currencies. It highlights current market activity, noting strong selling pressure on the British pound and significant buying in the Australian dollar, which is also reflected in the British pound-US dollar...

To trade the euro you need to understand this first

July 21, 2020February 14, 2026 by Anna Coulling Comment Closed

To trade the euro you need to understand this first The euro is a political currency and forex traders often wonder why such a currency moves in the way it does, with today being a classic example. An agreement has supposedly been reached about future policy by the member states, yet the euro has fallen and the answer lies in the bond markets and in particular the bond spreads. It is the spread between the German bond and the Italian bond which will ultimately dictate the future of the euro with Italy now likely to be the next country to leave the union. https://youtu.be/Uk2MxuLRCjI 00:00 Introduction and webinar start delay00:00 The speaker apologizes for the slight delay caused by technical issues with GoToWebinar. They welcome everyone warmly, mention the beautiful weather in Hampshire, and express hope that attendees are enjoying good weather as well. The session is about to begin. 00:33 Trading disclaimer and audience overview 00:33 The speaker begins the webinar by emphasizing the importance of the trading...

Volume price analysis reveals the truth behind the price action

July 17, 2020February 14, 2026 by Anna Coulling Comment Closed

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...