Trading forex with tick charts

Trading forex with tick charts

by Anna Coulling Comment Closed
Trading forex with tick charts https://www.youtube.com/watch?v=wzjfVKW7q5g A section from our London forex webinar where we considered how tick charts can help in trading reversals in volatile market conditions using our specialist Tickspeedometer for the Ninjatrader platform. 00:11 Introduction to tick charts and market moves 00:11 The speaker prepares to share their screen and confirms the microphone is working. They mention having the Aussie Swiss chart ready but decide to focus on the tick charts, highlighting a notable movement in CAD/EN that relates to a question Tony asked earlier. 00:43 Trading styles: intraday vs slower time frames 00:43 The speaker discusses market volatility and trading time frames, emphasizing that the choice of time frame depends on the trader's comfort and approach. They mention that some traders focus on very short-term movements, such as scalping for a few ticks multiple times a day, which may or may not suit everyone. 01:13 Importance of slower time frames in analysis 01:13 The speaker discusses the importance of preferred chart timeframes, emphasizing that slower timeframes carry more weight due...
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Reversal Trading in Forex

Reversal Trading in Forex

by Anna Coulling Comment Closed
Reversal Trading in Forex https://www.youtube.com/watch?v=677FopMyFaA Some great reversal trading examples from our London forex webinar. 00:10 Introduction and CAD/JPY reversal setup 00:10 The speaker adjusts the screen and chat box while inviting viewers to ask questions via email. They then resume discussing the CAD/JPY currency pair, focusing on a reversal pattern visible on the three-minute chart. The speaker explains their preference for trading reversals at market tops and bottoms to enter positions early, noting that the CAD is starting to decline as the yen strengthens. They highlight the setup for a potential reversal on the chart. 01:12 Scalping vs slower trading timeframes 01:12 The segment discusses different trading strategies based on timeframe preferences. It highlights the distinction between scalping, which involves very fast trades on short timeframes like seconds, and trading on slightly longer timeframes such as 5 or 15 minutes. Scalping typically requires trading larger sizes to compensate for smaller price movements, focusing on capturing small gains over short periods. The speaker emphasizes that choosing the right timeframe depends...
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