This was on the radar and something I forecast last week!
The sharp falls yesterday for US equity markets was something I highlighted last week in my market analysis and signalled in several ways, from the VIX, to volume price analysis, and just as important in the forex world. The clues were all there if you knew where to look!
https://youtu.be/66v5Wdzw8PA
00:00
Introduction and trading disclaimer
00:00
The recording begins with a reminder about the risks involved in trading and investing. The speaker emphasizes the importance of only using money one can afford to lose. They also mention the significant market activity observed that day, noting a major sell-off with the Dow experiencing a notable decline.
00:33
Market sell-off and Dow drop
00:33
The speaker discusses market activity, noting that the figure has reached 1,300, which is remarkable but not entirely surprising for regular followers. They reference a post from June 3rd highlighting unusual market behavior, particularly from a volume price analysis (VPA) perspective.
01:09
VPA and market correction signals
01:09
This segment discusses...
And volume price analysis can be applied to currency futures too!
Volume price analysis is a universal methodology and can be applied to any chart in any timeframe. Here we consider currency futures using the Quantum Trading tools and indicators.
https://youtu.be/6PdFj5vQ4Xw
00:13
Overview of currency futures and forex matrices
00:13
The speaker apologizes for briefly switching screens and assures viewers they haven't left. They mention monitoring several financial tools, including minis, currency futures, forex, currency strength, and the currency matrix, to keep an eye on market conditions.
00:47
Explanation of futures contracts for currencies
00:47
The speaker explains various futures contracts for different currencies, starting with the Aussie dollar (6a), British pound (6b), and Canadian dollar (6c). They clarify that the Canadian dollar futures are quoted inversely as CAD/USD, which can be confusing since futures are always referenced against the US dollar as the counter currency. Similar numbers appear across contracts but are not identical unless closing. The speaker then introduces the 6e contract, related to the Euro, and adjusts...
And another to consider is the EUR/AUD after the ECB
Whilst the Aussie dollar has been moving firmly higher for the AUD/USD and AUD/JPY, the EUR/AUD has also seen strong moves lower, but halted by the ECB yesterday.
https://youtu.be/GFSbT_91GWo
00:19
Introduction to ECB press conference importance
00:19
The speaker explains that their mute button had moved unexpectedly and they are focusing on the Euro currency pair due to an important fundamental event. They highlight the significance of the ECB and Christine Lagarde's press conference, emphasizing the importance of linking fundamental news to current forex trading decisions.
01:03
Central bank focus for currency pairs trading
01:03
The speaker emphasizes the importance of understanding the central banks behind the currency pairs traders are working with. This has been a recurring theme on their forex trading Facebook page and is a key recommendation in their trading program. The focus this week is on the significance of central banks in forex trading.
01:36
Key economic events affecting Aussie and Euro
01:36
The speaker discusses the importance of monitoring...
After a dramatic week for the Aussie, where next for the risk currency?
The Australian dollar has had an extraordinary week rampaging higher across the currency complex. So where next for this risk currency?
https://youtu.be/G5HniptvE9A
00:19
Introduction to Liz Ann Sonders and her charts
00:19
The speaker introduces Liz Ann Sonders, a well-regarded analyst formerly with Charles Schwab, known for sharing unique and insightful charts and data on Twitter. They emphasize her value as a source of detailed market analysis before moving on to discuss specific charts.
00:49
Unemployment impact on industries like hospitality and retail
00:49
The discussion highlights the significant unemployment problem affecting multiple industries, particularly hospitality and retail. These sectors rely heavily on labor-intensive jobs that are generally low-paid, which has broad societal and market implications. The focus is on how these industries, especially accommodation and food services, are impacted by the current economic challenges.
01:59
Shift to online shopping and market changes
01:59
The speaker discusses the current state of various industries such as airlines, cruise liners, and retail, highlighting...
Learn how to read the fundamental data just like a chart
Fundamental data can be read on a chart like any other, and Anna explains how in this video.
https://youtu.be/8CpODxPkX90
00:00
Webinar introduction and disclaimer
00:00
The webinar host welcomes participants from various locations, including the UK and the US. Before beginning, the host emphasizes the importance of the trading disclaimer, reminding viewers that trading carries significant risks and advising them not to use money they cannot afford to lose.
00:30
Audience and session overview
00:30
This segment introduces the audience, acknowledging the mix of returning Forex program students, book readers, and users of various quantum indicators. It sets the stage for the session by explaining that the focus will be on analyzing charts and futures markets.
01:01
Volume price analysis explained
01:01
The speaker explains that the focus will not be on stocks but includes some Forex content, analyzing charts through volume price analysis. This method examines price action alongside volume to understand current market behavior and predict future movements. Reference is made...
A great way to help you get in and manage your trades
Using non time-based charts is a great way to help you define where to enter the market, but more than that, they will also help you to stay in a position.
https://youtu.be/OMy9fRl62No
00:05
Introduction and trading overview
00:05
The speaker mentions that Pastor David is currently experiencing some technical difficulties. They invite the audience to ask any questions they have by dropping them into the chat box. The speaker then plans to revisit and review some content from the previous month.
00:37
Upcoming economic events this week
00:37
The speaker discusses how trading, particularly in Forex, moves quickly and is influenced by cyclical news releases. These scheduled announcements provide traders with advance knowledge about market focus, not just daily but for the entire week. This specific week is highlighted as the first trading week of the month, featuring important events such as the PMIs, the Reserve Bank of Australia (RBA) announcement from the previous day, and the upcoming...
The fear of missing out and how to avoid the trap moves of volatility
The fear of missing out is a powerful emotion that we all experience as forex traders. However, if you understand volatility and can see it live on the screen, this will help you to avoid all the traps associated with these moves.
https://youtu.be/FRtIY-CkBjM
00:00
Webinar introduction and disclaimer
00:00
The webinar host welcomes participants and apologizes for the initial technical difficulties, explaining that restarting the system resolved the issue. Before beginning, the host reminds viewers of the trading disclaimer visible on screen, emphasizing that trading involves significant risk and advising caution with money used for trading.
00:32
Overview of volume price analysis methodology
00:32
The speaker briefly introduces the session, emphasizing a quick overview before focusing on chart analysis. They explain that the upcoming discussion will center on volume price analysis, a methodology they and David have used for nearly 20 years. This approach examines price action alongside trading volume to understand market participation and activity....
The anatomy of a buying climax
In this portion from this morning's London forex trading session, David explains the anatomy of the buying climax using the weekly timeframes. However, this could be in any timeframe from the 1minute to the 1 month as volume price analysis can be applied to all markets and timeframes.
https://youtu.be/HaQ4wPYlENM
00:14
Introduction to volume price analysis and buying climaxes
00:14
The speaker apologizes for a brief throat issue and introduces the topic of volume price analysis, specifically focusing on buying and selling climaxes. They mention displaying a daily chart and then switching to a weekly chart to illustrate their point, suggesting that similar patterns may be observed across related securities or markets.
00:57
Market collapse and volume spikes during COVID-19
00:57
The segment discusses a dramatic and cataclysmic price move observed on the Caddy, highlighting an extreme example of market volatility. This price action coincided with a significant collapse in risk-on sentiment during the COVID-19 crisis, causing markets to fall sharply. The discussion emphasizes the...
If you want to succeed as a forex trader, learn to read related markets
If you want to succeed as a forex trader, learn to read related markets and what they reveal in terms of sentiment. the forex markets are the gateway of sentiment with consequent flows as money is rotated from risk on to risk off and back again.
https://youtu.be/bhyhCMCr0QQ
00:11
Introduction to market sentiment and trading view
00:11
The speaker apologizes for technical issues and confirms their microphone is on. They introduce the topic of sentiment analysis, emphasizing its importance and their intention to review it using TradingView to simplify market understanding.
00:49
Risk on vs risk off market principles
00:49
The segment explains the fundamental principle of market behavior as a balance between 'risk on' and 'risk off' sentiments, where participants either seek higher risk for greater rewards or prefer safer, low-risk investments. This dynamic operates like a seesaw, influencing all markets including forex, equities, commodities, and bonds. Understanding this flow and relational analysis is crucial for...
Market sentiment is driving aud/jpy higher
Positive market sentiment reflected in the yen pairs, particularly the aud/jpy which continued higher in the London open following a surge higher in Asia/Pac session.
https://www.youtube.com/watch?v=yjC16ZECMHM
00:14
Setting up multiple timeframes on TradingView
00:14
The speaker confirms the audio is working and introduces the setup for the session. They mention using multiple timeframes for analysis, including the 15-second, three-minute, and four-minute charts, focusing on intraday trading strategies with data displayed on TradingView.
00:41
Expecting reversals and volatility at UK market open
00:41
The speaker adjusts the chart to a five-minute view and notes other available timeframes such as 10, 30 minutes, and daily. At 8:01 UK time, the UK and forex markets are opening following a three-day holiday. They anticipate market reversals, pullbacks, and volatility in the next 5 to 10 minutes as the market settles. This is observed on the 15-second chart showing increased volatility and price action patterns.
01:19
Volume Price Analysis (VPA) and bullish trend overview
01:19
The speaker discusses trading volume patterns around the...