Gaps can be traps

Gaps can be traps

Gaps can be traps https://www.youtube.com/watch?v=QlqsqFTvNKk Beware gaps because they can be filled. They are there for one reason and that is to trap traders and investors into weak positions. An extract from this morning's London forex webinar explains this with an example from the YM (e-mini) contract for the Dow Jones. 00:10 Overview of market sentiment and yen buying 00:10 The speaker begins by sharing their screen and intends to highlight key points about sentiment analysis across different timeframes—five, ten, and fifteen minutes. They use the yen currency pair as an example because it is the counter currency, making it visually easier to understand the sentiment trends across various time horizons. The speaker emphasizes that the sentiment data provides a clear and simple view of market conditions. 00:39 VIX climbing and UK, US indices falling 00:39 The segment discusses current market movements, focusing on the yen being actively bought. The VIX index is climbing moderately, indicating increasing market volatility. Meanwhile, the UK Footsie 100 index is declining, as are US...
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Cad/jpy reaction as oil price craters

Cad/jpy reaction as oil price craters

CAD/JPY reaction as oil price craters https://www.youtube.com/watch?v=ckjMHkFGKwA&t=875s An important module in our Forex Program is understanding cross-market relationships and one of the most important is the one between oil and the petro currencies of which the Canadian dollar is one. In this morning's webinar, we considered the price action on the cad/jpy which was driven lower not only by the crash in oil but also a souring of market sentiment as money flowed into the Japanese yen. In such strong market moves identifying important support and resistance levels is key, not only for establishing possible pause points and reversals, but also for potential points to join the prevailing trend.  This is where the Camarilla indicator can help as we can see in the video. The version used is for the MT5 platform. 00:10 Overview of CAD/JPY and multi timeframe analysis 00:10 The speaker discusses analyzing the CAD/JPY currency pair using multiple timeframes, including slower ones, to better understand market movements and support/resistance levels. They emphasize the importance...
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Several volume price analysis lessons here for cable

Several volume price analysis lessons here for cable

Several volume price analysis lessons here for cable The 5-minute chart of cable offers several lessons in volume price analysis. First, we have to wait for signals to be confirmed, which is the case in the uptrend. The weakness is signalled clearly on high volume. This is followed by further signals of weakness as the move runs out of steam, before the reversal duly begins. Then, in the downtrend, as the reversal gets underway, we see the clear re-entry signals and opportunities to jump on the trend if we missed the initial signals. Applying Volume Price Analysis to Forex: Using Tick Volume as a Proxy Forex is the world's largest and most liquid market, but unlike stocks or futures, it is decentralized with no central exchange reporting true volume. This lack of centralized data means traditional volume figures are unavailable. Traders use tick volume as a proxy—the number of price changes (ticks) in a period. Tick volume correlates closely with actual trading activity,...
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Yen buying on faster timeframes as London fx market opens

Yen buying on faster timeframes as London fx market opens

Plenty of yen buying across the complex as risk sentiment weakens following the reaction to overnight news of progress in finding a vaccine for CV19, as shown clearly on the currency array indicator across multiple timeframes. Risk currencies are much in evidence and one of the many key topics I cover in the complete forex education program and you can find all the details here - https://quantumtradingeducation.com The Japanese Yen: Sentiment Indicator, Risk Currency, and Carry Trade Powerhouse The Japanese yen (JPY) is one of the most unique currencies in forex trading. Often called a "safe haven" and "risk sentiment indicator," its movements reflect global investor mood more than most majors. When risk appetite rises (optimism, stocks rallying), yen weakens. When fear grips markets (crises, volatility spikes), yen strengthens as capital flees to safety. This inverse relationship with risk assets makes yen pairs (USD/JPY, EUR/JPY, AUD/JPY) essential barometers for traders across markets. Why the Yen Is a Risk Currency and Sentiment Indicator Japan's ultra-low...
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Camarilla indicator delivers on aud/usd

Camarilla indicator delivers on aud/usd

Camarilla indicator delivers on AUD/USD https://www.youtube.com/watch?v=AMEOEowzUOI Support & resistance are an integral part of volume price analysis and as part of the Forex Program we have developed a number of tools to help us identify those key levels on a chart. The Camarilla indicator is one. Here we can see how it signalled the top in a move on the aud/usd. 00:14 Renko chart settings on NinjaTrader 8 00:14 The speaker discusses analyzing the Australian dollar using Renko charts on NinjaTrader 8, noting that the Renko settings differ from those in NinjaTrader 5. They mention the ability to add more indicators to Renko charts in NinjaTrader 8 and describe the price action as in congestion, having just moved above a key level. 00:54 Price levels and Camarillo indicator 00:54 The speaker discusses the R4 level currently at 4.3 pips, compared to a previous level at 2.7 pips which had a longer congestion phase. They mention the target was the R5 level. The Camarillo indicator used has six levels, unlike most...
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Learn how to identify currency flows in all timeframes

Learn how to identify currency flows in all timeframes

Learn how to identify currency flows in all timeframes https://youtu.be/ysvzRitikTo 00:03 Introduction and current situation overview 00:03 The webinar host welcomes attendees to the Forex webinar for the London session, recognizing a diverse group including Forex program students, indicator users, and first-timers. The host mentions a sunny day in Hampshire and reflects on the unusual times due to the pandemic, noting that their family experienced the virus earlier than the lockdown. Despite challenges, the host expresses hope that everyone is well and ready to engage with the session. 01:06 Disclaimer and session focus on volume price analysis 01:06 The speaker begins by highlighting the risks involved in trading and advises viewers to only use money they can afford to lose. The session will focus on analyzing the forex markets using volume price analysis (VPA), a methodology developed and refined over 20 years by David, the speaker's husband. This approach combines technical chart analysis with consideration of the fundamental and related market factors to better understand market direction. They have...
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Analysis of the EUR/CAD, the volume point of control and Wyckoff’s three laws

Analysis of the EUR/CAD, the volume point of control and Wyckoff’s three laws

Analysis of the EUR/CAD, the volume point of control and Wyckoff's three laws https://youtu.be/_G8vIVpyhP8 00:11 Initial setup and volume point of control 00:11 The speaker explains that instead of relying solely on the CSI or the chart, they took a screenshot to better understand the initial setup. They reference a three-minute chart of the Euro Canadian currency pair from about half an hour ago, highlighting the volume point of control and its significance in the market context. 00:47 Market congestion and value area explained 00:47 The segment explains the concept of a market congestion phase, also called a value area. This phase indicates market imbalance with no clear direction, as buying and selling activities are balanced. The market is essentially in a status of equilibrium, and it is noted that markets spend a significant amount of time in this balanced state. 01:20 Triggers for market movement 01:20 The speaker explains that about seventy percent of the time, prices move sideways until triggered by an event. These triggers can be fundamental news, geopolitical events,...
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The power of the currency array indicator in multiple timeframes

The power of the currency array indicator in multiple timeframes

The power of the currency array indicator in multiple timeframes The currency array indicator reveals so many things. Strength of trend, strength of buying and selling across the complex and universal sentiment to name a few! https://youtu.be/IXHjWsjmQNk 00:13 Using Currency Strength Indicators 00:13 The speaker explains how they use the euro currency array to analyze trades. They mention picking trades based on currency strength indicators rather than just the console. The currency matrix, which updates in real time across charts, provides extensive information. The speaker focuses on the 3 to 15-minute time horizon and isolates the euro for detailed analysis. 00:45 Analyzing Euro Pair Movements 00:45 The speaker explains the importance of visually assessing multiple time frames to determine the strongest currency pair. They highlight that although the Euro New Zealand is moving more strongly on the three-minute chart, the Euro Aussie is the main focus. On the five-minute chart, the trend appears flat or slightly down, emphasizing the need to continuously monitor the overall direction. 01:18 Ideal Euro Pair Trends 01:18 The segment...
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Focusing on the EUR/AUD in the London forex session and volume price analysis

Focusing on the EUR/AUD in the London forex session and volume price analysis

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 00:10 Introduction to Euro Aussie Renko analysis 00:10 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...
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Volatility and the crossover session

Volatility and the crossover session

Volatility and the crossover session The crossover from one session to another is a dangerous time for forex traders and an extremely profitable one for the market makers. Why? Watch the video to discover why and what you are likely to see at every such period of the trading day, particularly in the Far East Asis to London crossover and later when the US markets open. Note the importance of having the volatility indicator from Quantum Trading which triggers in real-time and gives an instant warning of volatility in the market. The indicator works on average true range and its power lies in forecasting what is likely to happen next which is either congestion, or a full reversal in trend. https://youtu.be/8CI9gn59Tec 00:15 Introduction and currency array overview 00:15 The speaker greets the audience warmly and mentions some technical difficulties with audio. They then begin discussing their experience monitoring the currency pair pound-yen, noting that it has moved over a hundred pips during the past hour. 00:47 Using the currency...
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