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
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Introduction to Euro Aussie Renko analysis
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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
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Webinar introduction and disclaimer
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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.
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Advice on trading risks and audience overview
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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.
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Session structure and volume price analysis
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The speaker welcomes viewers who have discovered them...
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
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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.
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Market crashes and trading opportunities
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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...
In these unprecedented and dramatic times for markets, traders, and investors, volume-price analysis has never been more appropriate, and we had a great example on the 3-minute chart for the WTI contract for April.
The chart is vpa 101, where, following a move lower from a strong resistance line, we have a candle with a deep upper wick and very high volume, not only confirming the move lower but also providing a potential point of entry. The minor correction is higher on falling volume, thereby validating our initial analysis.
What Volume Price Analysis (VPA) Will Do for You
Volume Price Analysis (VPA) is a straightforward yet powerful trading methodology that focuses on the relationship between price movement and volume to reveal the true intent behind market action. Developed by Anna Coulling and rooted in the classic principles of Wyckoff, tape reading, and the work of pioneers like Livermore and Ney, VPA strips away lagging indicators and noise to show you exactly what professional...
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...
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...
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...