And volume price analysis can be applied to currency futures too!

And volume price analysis can be applied to currency futures too!

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...
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And another to consider is the EUR/AUD after the ECB

And another to consider is the EUR/AUD after the ECB

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...
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After a dramatic week for the Aussie, where next for the risk currency?

After a dramatic week for the Aussie, where next for the risk currency?

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...
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Learn how to read the fundamental data just like a chart

Learn how to read the fundamental data just like a chart

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...
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A great way to help you get in and manage your trades

A great way to help you get in and manage your trades

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...
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The fear of missing out and how to avoid the trap moves of volatility

The fear of missing out and how to avoid the trap moves of volatility

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....
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The anatomy of a buying climax

The anatomy of a buying climax

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...
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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

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...
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Trading in multiple time frames

Trading in multiple time frames

Trading in multiple time frames https://www.youtube.com/watch?v=_UvB2SBMUx8 In this video we focus on the importance of the daily time frame, significant levels & how they come into play once a trend is underway. 00:12 Using non-time-based charts for Pound Yen moves 00:12 The discussion focuses on trading the pound yen using non-time-based charts, which may be necessary given the recent market moves. Traders often start their sessions at different times and face challenges with strong price movements. While some use limit orders based on analysis from 30-minute or hourly charts, most traders prefer market orders and faster timeframes. The pound yen experienced a significant upward move, partly catching up with movements seen in the Australian and New Zealand yen pairs. 01:26 Considering session impact on Pound Yen trend 01:26 The discussion focuses on trading strategies during the London session, highlighting the prominence of the pound and euro. It explores whether to wait for a market reversal or to continue following the prevailing trend, considering different currency pairs like the yen, Aussie...
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Volume price analysis across the markets

Volume price analysis across the markets

Volume price analysis across the markets https://www.youtube.com/watch?v=dTKvytVb4f8 The beauty of volume price analysis is that it can be used in any market and in any time frame. It helps validate price action and highlights anomalies.  The Forex Program gives traders a forensic education in this methodology. 00:00 Market optimism after three-day weekend 00:00 The speaker welcomes everyone to the session, confirms that recording has started, and notes the positive market conditions following a three-day weekend. They mention the sunny weather and hint at discussing market expectations later in the session. 00:43 Balancing news and chart analysis 00:43 The speaker discusses the challenge of cognitive dissonance when interpreting financial news versus analyzing chart data. They emphasize the importance of maintaining a semi-detached perspective—being aware of news but focusing primarily on what the charts actually indicate. The segment concludes with a reminder about an important disclaimer before proceeding. 01:16 Trading risks and program introduction 01:16 The speaker emphasizes that trading is risky and advises never to use money one cannot afford to lose. They acknowledge the...
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