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...
VIX and US futures along with risk currencies confirm shift in sentiment
As the London forex session gets into full swing, sentiment is clearly displayed on the VIX which is trending lower as risk on sentiment returns with equities push ing higher on US futures markets. And of course currency flows from the yen and other risk currencies confirm the picture.
https://youtu.be/svEykuvd-J8
00:09
Introduction and market context
00:09
The speaker explains that Anna, who is Italian and has relatives in Italy, has been emotionally affected by the grim situation there in recent weeks. After apologizing for the emotional tone, the speaker shifts focus to their trading setup, mentioning the Aussie yen chart and TradingView on the screen as they prepare to start the analysis.
00:41
TradingView indicators and VIX explained
00:41
The speaker discusses various trading indicators displayed on their screen, mentioning the 4100 index which has recently opened and is climbing in real-time. They also note the DAX futures data is delayed on this feed, while the FTSE index...
London forex session using volume price analysis
In this morning's forex trading session we saw the first signs of a change in sentiment following the panic selling of the last few weeks, with risk currencies and safe haven flows sending strong signals of this change. Volume price analysis confirms using Wyckoff's three laws of supply and demand, cause and effect and finally and most importantly effort vs result.
https://youtu.be/HE1j44W55LY
00:00
Introduction to Forex webinar series
00:00
The webinar begins with a welcome to the London session of the Forex series. This is the first in a short series of webinars scheduled over the next few weeks, with flexibility for attendees to join any or all sessions. The series is timed around Easter and was organized from an ad-hoc approach.
00:31
Market crashes and trading opportunities
00:31
The speaker discusses the current unprecedented market conditions, including recent market crashes. Many people are now at home and considering trading either to supplement their income or for long-term investment. There is also interest...
Canadian dollar crushed as oil prices tumble
One of the relationships I cover in my free forex webclass is that between oil and the Canadian dollar, and it has never been more important following today's dramatic price action for both crude oil itself and broad market sentiment. So, with equity markets and oil in free fall, the CAD/JPY pair has delivered some wonderful trading opportunities, along with several others in the Canadian dollar complex. The combination of risk-off and oil has driven the pair lower still, following the gapped-down open under heavy selling as seen on the daily chart. Over the next few days it will be a question of watching the related markets of oil and equities for any recovery in the Canadian dollar.
The Canada-Oil Relationship: A Deep Dive into Economic Ties and Currency Market Impacts
Canada, often dubbed the "Great White North," is not just known for its vast landscapes and maple syrup—it's a powerhouse in global energy markets, particularly...
Muted reaction to NFP for equities
Fundamental news is often cyclical, and the importance of one type will vary according to where we are in the economic cycle. In addition, such items may be overshadowed by more prescient news, and this is certainly the case at present with the coronavirus dominating world headlines and driving fear in the markets. So it was no surprise to see the monthly NFP release have little impact on US indices, which paused momentarily before continuing their journey South as we can see across the three sisters here of the YM emini, the NQ emini and the ES emini. Note the weakness in the reaction at the top of the 5 m charts.
Non-Farm Payroll (NFP): A Key Economic Indicator for Traders
Non-Farm Payroll (NFP) is one of the most anticipated economic releases in the trading world. Issued monthly by the U.S. Bureau of Labor Statistics, NFP reports the change in U.S. employment excluding farm workers, private household...
NZD/USD strongest this morning
As I mentioned yesterday, history will judge whether this week's action by the FED was prudent or foolish, but what cannot be denied is the effect on the US, which is a free fall and looking to move towards the 96 price point. This makes today's non-farm payroll release even more important, as a strong number should give the USD some support. The weekly chart for the DXY shows the extent of this week's move as well as the downside levels ahead.
And it's the nzd/usd which has been the strongest of the majors this morning, as we can see on the chart above. A wonderful trend higher supported with the trend dots and trend monitor indicators.
The New Zealand Dollar (NZD): Economics, Key Drivers, and the Carry Trade
The New Zealand dollar (NZD), often nicknamed the "Kiwi," is a commodity-linked currency highly sensitive to global economic forces. In 2026, NZD trades around 0.60 USD, influenced by the Reserve Bank...
Weak AUD/JPY signals return to risk off
It's been a day of weakness for the Aussie yen as risk-on sentiment evaporated once more, with markets remaining fragile and nervous as each day reveals fresh news on the current virus sweeping the globe. As a barometer of risk the AUD/JPY is always one currency pair that reveals this sentiment clearly, with the Aussie dollar considered a risk currency and the Japanese yen a safe haven. This weakness was signaled earlier in the week with the failed effort to rise on high volume and now followed by a bearish engulfing candle.
AUD/JPY: The Ultimate Risk Sentiment Barometer in Forex Markets
The AUD/JPY currency pair is one of the most widely watched "risk-on/risk-off" indicators in the forex world. Often called the "risk barometer" or "carry trade proxy," AUD/JPY moves in near-perfect alignment with global risk appetite. When investors feel optimistic and are willing to take on risk, AUD/JPY rises sharply. When fear returns and risk aversion...
Great Volume Price Analysis Lessons On The CAD/JPY
Some classic price action on the CAD/JPY daily chart, and in particular, several volume price analysis lessons to take away. First, note the volume anomaly on the wide spread up candle. Volume is average, so the market makers are not participating, as the trap is set. Clearly, volume and price are not in agreement, and this is a sure signal of weakness ahead.
The price waterfall is developing as expected, and note the rising volume in a falling market, confirming the strength of the trend. Finally, in the last few days, we have had a two-bar reversal on good volume, with the currency pair looking weak. And remember, the Canadian dollar is closely associated with oil and with the recent fall in oil prices, this has also been reflected in the currency and one of the topics I cover in my free forex webclass.
Volume Price Analysis (VPA) 101: A Beginner's Introduction
Volume Price Analysis (VPA)...
Crossover session traps
The crossover sessions in forex occur when trading in one timezone closes and another opens and can be a very dangerous time for traders. Why? Because this is where insider traps are set. The London open always is a fertile ground and there was a great example on the usd/jpy.
Heavy buying in the pair on the previous day resulted in a nice move higher in Asia with the pair moving into consolidation ahead of the London open.
Prior to the open the pair started to move higher on reasonable volume but reversed lower at the open on high volume until the hammer candle, again on high volume pushed the pair back towards the consolidation (the yellow line on the chart).
Session Crossover Traps: How Market Makers Catch Unwary Traders (and How to Avoid Them)
The session crossover — the moment one major trading session hands over to the next — is one of the most dangerous times of the day for...
