Choosing the best currency pairs to trade is straightforward
Choosing the best currency pairs to trade is straightforward with the currency strength indicator from Quantum Trading Ltd. Whether you trade trends, reversals, or congestion, the indicator works on NinjaTrader, MT4/5, TradingView, and now Tradestation. It is always the starting point, as it breaks the world of forex down into the building blocks of the currencies themselves, which is the basis for analysis from the ground up.
https://youtu.be/QY5skhZFqao
00:12
Introduction and audio check
00:12
The webinar begins with an apology for accidentally broadcasting audio testing. The host asks participants to confirm whether the audio is clear and suggests checking their individual computer settings if it is poor.
00:45
Disclaimer and trading risk reminder
00:45
The speaker begins by humorously blaming David for accidentally starting the session. They mention it's the first Monday morning session in a while, appreciating the change in schedule. The introduction sets the tone for an engaging start to the week and reminds viewers to note the disclaimer...
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...
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...
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...
Discover the power of the Camarilla Levels indicator for NinjaTrader on the NQ emini
In this video, I demonstrate the power of the Camarilla levels indicator on NinjaTrader and in particular with regard to the Nasdaq NQ Emini futures contract which continues to lead the other US markets higher, but for how much longer?
https://youtu.be/-7HbhFndaM0
00:10
Focus on Camarillo Levels for Trading
00:10
The speaker begins by referencing David's analysis focusing on the 'yank you' levels, explaining that while David doesn't display these levels on his chart, it’s not due to a lack of usage. Instead, the speaker emphasizes a preference for using Camarillo levels, which they have developed for trading and can be applied across various markets. The current struggle of the NQ market is attributed to these specific intraday levels.
00:47
Index Struggles at S4 Level
00:47
The speaker discusses price behavior around the fourth support level (S4) on a 10-minute chart, noting that the price often struggles at this level. It typically tests, breaks through, and then...
Wow - great trade this morning as London forex session opens
A wonderful trade on the GBP/CHF as the London forex session opened and a perfect trend lower with the GBP being sold strongly and the Swiss franc being bought strongly and developing a terrific trend as a result.
https://youtu.be/tjKVxrVOtzo
00:11
Introduction and focusing on Pound Swiss
00:11
The speaker begins by apologizing for initially not having their microphone on and expresses hope that everyone can now hear them. They briefly mention Italy, highlighting its fascinating history, beautiful scenery, and excellent food, though noting it is not ideal for business. The focus then shifts to discussing the British pound and Swiss franc for specific reasons.
00:43
Pound weakness and Swiss franc strength
00:43
The discussion focuses on the pound's significant downward movement, highlighting that the pound is strongly oversold while the Swiss franc is strongly overbought. The speaker draws attention to the currency strength indicator, particularly noting the prominence of the green line at the top. They then shift focus...
How to isolate currency pairs using two of the Quantum trading indicators
In this video we show you how to isolate currency pairs using two of the Quantum trading indicators. The two indicators are the currency strength indicator and the currency matrix indicator and here we are using them on the MT5 platform.
https://youtu.be/_G4X9POpRvI
00:10
Introduction to Forex trading indicator
00:10
The speaker reflects on tuning out earlier and then discusses returning to the topic of selecting and scanning for trading opportunities in Forex. They mention that some viewers may be familiar with their indicators, but for newcomers, the tool is designed to highlight potential trades. The speaker personally focuses on the British Pound and its currency pairs when using this tool.
00:46
Currency strength indicator overview
00:46
The dashboard features a currency strength indicator that breaks down the market into individual currencies. Each line represents a different currency and shows their recent movements. For example, the British Pound experienced a notable rise on the hourly chart earlier, followed by...
