Tag: forex learn how to trade

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...

Learn how sentiment drives the forex markets More on understanding risk and sentiment to succeed as a forex trader. https://youtu.be/6DthwRYmyTY 00:10 Introduction to market sentiment and trading approach 00:10 The speaker begins by addressing a question related to trading sentiment, referencing New Zealand as an example. They acknowledge that many traders find this concept confusing but assure that it is straightforward. The speaker mentions using resources like Investing.com and program materials that explain trading sentiment in great detail, emphasizing that this foundational knowledge is covered extensively for learners. 00:49 Interrelation of markets and money flow concept 00:49 The speaker discusses trading markets from a multi-timeframe perspective, emphasizing that technical analysis alone is insufficient. They highlight that all capital markets—forex, bonds, commodities, equities—are interconnected and driven by money flow, which is fundamentally about managing risk. Investors aim to maximize returns while protecting their capital, especially during periods of market fear. The continuous movement of money reflects shifting risk appetites, with stocks and shares representing higher-risk assets. 02:05 Risk assets vs safe haven assets...

Risk sentiment and currency flows explained Forex trading success is about understanding the relational aspects of markets - of risk on and risk off and how this is reflected in risk and safe haven assets. https://youtu.be/lgSwvVqX_9U 00:13 New Zealand yen volume and price analysis 00:13 The speaker begins by adjusting the screen layout to focus on the content, specifically highlighting the New Zealand yen currency pair on a three-minute chart. They emphasize the clarity of certain trades on this chart, suggesting these opportunities are unmistakable and easy to identify. 00:56 European session open and volume spikes 00:56 The segment analyzes volume and price action during the seven o'clock hour, marking the start of the European session. It highlights a significant surge in volume and volatility, particularly leading up to the London open at 8 o'clock. The speaker points out a pattern where despite heavy volume, price candles close with narrow bodies and lower wicks, indicating strong buying by major market participants and market makers. This buying activity occurs during a...

Patience on the EUR/NZD as we wait for a reversal Patience on the EUR/NZD as we wait for a reversal following the sharp move lower earlier in the forex trading session. https://youtu.be/jeeeGF52Osg 00:13 Euro and Euro Yen technical outlook 00:13 The speaker concludes the discussion by comparing the Eurodollar and Euro Yen pairs, noting that neither chart currently shows strong technical signals. They suggest that sentiment might have a greater impact on the Euro Yen than on the Euro Dollar, potentially influencing movements in that pair more significantly. 00:46 Euro New Zealand 10-minute chart move 00:46 The segment discusses the recent price movement of the Euro/New Zealand currency pair, highlighting a notable downward move starting from the volume point of control at 0.860 on the 10-minute chart. It emphasizes the importance of considering volume surges, particularly those that occur at the London market open, which tend to override prior price action. An unexpected volatility candle is mentioned, marked by increased volume, though still relatively low compared to earlier activity, indicating...