Using volume price analysis to day trade forex in the London session on the MT4/5 platform
https://youtu.be/a8EAhFBS1SY
00:00
Introduction to Forex Market Webinar
00:00
The webinar begins with a welcome and disclaimer emphasizing the risks of trading and advising against using money one cannot afford to lose. The session focuses on analyzing the forex market through volume price analysis (VPA), which examines the relationship between price action and market activity, particularly in the spot market. While spot market volume is based on tick activity rather than trade volume, it is sufficient for VPA methodology. The goal of the analysis is to predict future price movements, and the discussion will also consider fundamental news releases impacting the forex market.
02:01
Volume Price Analysis and Related Markets
02:01
The speaker explains the importance of analyzing related markets to understand market sentiment, such as risk-on or risk-off conditions, which are reflected in certain currencies and pairs. They emphasize starting analysis with charts using volume price analysis (VPA), noting that price action and...
The importance of support and resistance
In the latest session from the forex trading webinars, I explain the importance of support and resistance in the context of some recent trades on MT4/5 and also on TradingView.
https://youtu.be/wM6SH96NROY
00:04
Introduction and trading disclaimer
00:04
The session begins with a welcome and an apology for the delayed start. The host reminds viewers of the trading disclaimer, emphasizing the risks involved in forex trading and advising against using money that one cannot afford to lose. The session aims to review current market conditions and chart analysis.
00:32
Overview of volume price analysis (VPA)
00:32
The speaker introduces the focus on the forex market using a methodology called volume price analysis (VPA), which combines price action and volume to predict price movements. This approach is not original but builds on long-established principles, including those by Richard Wyckoff from the 1920s and 30s. The methodology is rooted in understanding human behavior and emotions that drive the markets, such as greed and fear.
01:43
VPA examines the close...
Learn how to trade a basket of currencies and to use reversal trading with time- and non-time-based charts.
https://youtu.be/nqRCt29knyE
00:00
Introduction and New Year Wishes
00:00
The session begins with a welcome to the London forex market open, occurring in about six minutes. The speaker extends a cautious Happy New Year, acknowledging the ongoing difficulties of 2020, including renewed lockdowns and severe impacts of the virus, especially in the UK. They express hope for a better year ahead and send good wishes to viewers worldwide. Before proceeding, a reminder is given about the usual market disclaimer.
01:17
Trading Risks and Educational Disclaimer
01:17
The speaker emphasizes that trading is risky and advises never to use money you cannot afford to lose. They clarify that the webinar content and related materials are for educational purposes only, not investment recommendations. The discussion highlights the surge in new traders entering various financial markets, including forex, options, and stocks, noting that around four million people started trading last year. The importance of understanding...
Welcome volatility at year's end for forex traders
The year-end and run-up to the Christmas holiday season are always a great time for forex traders, as markets generally deliver volatility and momentum as traders close up for the year-end with position squaring and book-closing. So don't pack up too early this year, and you will be rewarded with plenty of trading opportunities, particularly intraday on the faster timeframes. And with the Quantum Trading tools and indicators, you have the perfect technical indicators, starting with the Currency Strength Indicator and the Currency Matrix. The currency array then visually displays trend strength, whilst the currency heatmap gives you the complete picture.
https://youtu.be/4MuBeRHESJs
00:00
Introduction and webinar overview
00:00
The webinar host welcomes attendees to the final session of the year 2020, apologizing for a slight delay due to technical difficulties. They announce plans for a new series of sessions starting in early January and mention that participants will receive an email invitation to sign up. The host thanks...
Discover how to select the best currency pair to trade from all those available
Trading forex, we are spoiled for choice when it comes to the number of trading opportunities that arrive through the trading session. So how do you choose which trade is likely to deliver the best return for the lowest risk? In this video, we explain the steps using the Quantum Trading currency-specific indicators and, of course, using volume price analysis to confirm.
https://youtu.be/S0m3OiUuw9c
00:15
Introduction to sentiment and currency focus
00:15
The speaker begins by discussing current market sentiment, focusing initially on the Pound-Aussie pair before shifting attention to the Aussie-Yen due to recent movements reflecting risk-on and risk-off dynamics. They highlight how various indices and currency strength indicators, particularly in five-minute intervals, show strong yen buying and Aussie selling. This interplay exemplifies broader market sentiment shifts, with additional analysis supported by volume price analysis (VPA) examples and tools like NinjaTrader to monitor these trends in real time.
01:48
Volume price analysis and market...
Two great trades on the GBP/USD using volume price analysis
At the start of the London forex trading session, the market was buying the US dollar across the complex, a fact confirmed by considering this in both the spot and futures markets along with the currency array indicator for NinjaTrader. The GBP/USD was one in particular with an excellent move lower, before reversing with a terrific volume signal as the buyers stepped in to reverse the trend with the BOE chairman helping to drive the sentiment.
https://youtu.be/NrF8j0XGJjg
Introduction and Dollar Index Overview
00:14
The speaker begins by ensuring audio clarity and shifts focus to analyzing the US dollar, emphasizing the significance of the dollar index at a critical point. They reference Wyckoff's laws, highlighting the principle of cause and effect in market congestion, suggesting that prolonged congestion often leads to strong momentum once a trend emerges. The discussion includes the presence of key support and resistance levels, indicating an intriguing juncture for the dollar. Additionally,...
What's next for the US dollar ahead of the election?
As the FED strives to maintain confidence in US markets, all eyes are now focused on the US dollar in the run to the US elections, and with so many factors driving sentiment, each and every one could be a factor. This week alone sees eighteen comments from FED members, and with the pandemic continuing to dominate, the death of US Supreme Court judge Ruth Bader Ginsburg, this too has added a significant twist to the possible outcome.
All of this and much more will play out in the US dollar over the next few weeks, and with it languishing in the low 90's on the daily chart, from a technical perspective, it has the potential to regain the 100 handle once more, a level not seen since May.
https://youtu.be/yV4ARqhmvt8
00:01
Introduction and trading disclaimer
00:01
The speaker apologizes for the delayed start caused by distractions at home. They briefly mention the focus of the session, which...
Trading the pound as London forex market opens
In this portion of the webinar from the London forex trading session we focus on trading the pound.
https://youtu.be/s8mBkIEETOo
00:00
Introduction and trading disclaimer
00:00
The webinar begins with a warm welcome and a reminder about the risks involved in trading, emphasizing the importance of only using money one can afford to lose. The host mentions a brief break the previous week and notes that this session is part of a new series. The focus will be on analyzing the forex market, with insights shared by the host and David.
01:02
Volume price analysis methodology
01:02
The segment introduces volume price analysis as a technical methodology that combines price action with volume to determine the authenticity of chart patterns, distinguishing genuine moves from potential traps. It emphasizes integrating this technical perspective with fundamental news and related market developments to gain a comprehensive understanding.
01:36
Currency relationships and market sentiment
01:36
The discussion explains the close relationship between certain currency pairs and other market dynamics, using the...
How to read the chart and trend using volume price analysis
In this video, we explain how to read the chart and trend using volume price analysis and supported of course by the Quantum Trading tools and indicators.
https://youtu.be/TSHRLbFQr44
00:11
Renko charts and Cable analysis
00:11
The speaker discusses market behavior focusing on the cable (GBP/USD) and pound-yen currency pairs, highlighting their sideways movement. They explain how to analyze price action using Renko charts, especially during strong trends where a reversal is unlikely but further downside is expected. The example of cable is used to illustrate how to identify potential entry points in such scenarios. Additionally, the CSI indicator's usefulness is emphasized, as it provides real-time insights and trade signals. The discussion also touches on the VIX index, which is referenced by David on his TradingView platform.
01:28
Using investing.com for charts
01:28
If you don't have access to TradingView, investing.com is a recommended free alternative. It offers charts for nearly every financial instrument and includes analysis, sometimes featuring the...
To trade the euro you need to understand this first
The euro is a political currency and forex traders often wonder why such a currency moves in the way it does, with today being a classic example. An agreement has supposedly been reached about future policy by the member states, yet the euro has fallen and the answer lies in the bond markets and in particular the bond spreads. It is the spread between the German bond and the Italian bond which will ultimately dictate the future of the euro with Italy now likely to be the next country to leave the union.
https://youtu.be/Uk2MxuLRCjI
00:00
Introduction and webinar start delay00:00
The speaker apologizes for the slight delay caused by technical issues with GoToWebinar. They welcome everyone warmly, mention the beautiful weather in Hampshire, and express hope that attendees are enjoying good weather as well. The session is about to begin.
00:33
Trading disclaimer and audience overview
00:33
The speaker begins the webinar by emphasizing the importance of the trading...
