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....
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...
Market sentiment is driving aud/jpy higher
Positive market sentiment reflected in the yen pairs, particularly the aud/jpy which continued higher in the London open following a surge higher in Asia/Pac session.
https://www.youtube.com/watch?v=yjC16ZECMHM
00:14
Setting up multiple timeframes on TradingView
00:14
The speaker confirms the audio is working and introduces the setup for the session. They mention using multiple timeframes for analysis, including the 15-second, three-minute, and four-minute charts, focusing on intraday trading strategies with data displayed on TradingView.
00:41
Expecting reversals and volatility at UK market open
00:41
The speaker adjusts the chart to a five-minute view and notes other available timeframes such as 10, 30 minutes, and daily. At 8:01 UK time, the UK and forex markets are opening following a three-day holiday. They anticipate market reversals, pullbacks, and volatility in the next 5 to 10 minutes as the market settles. This is observed on the 15-second chart showing increased volatility and price action patterns.
01:19
Volume Price Analysis (VPA) and bullish trend overview
01:19
The speaker discusses trading volume patterns around the...
Using Renko chart patterns in forex
In this video, David looks at how using tick and renko charts can help to determine momentum and trader participation.
https://www.youtube.com/watch?v=cUc-6BRnceQ
00:10
Introduction to Renko charts
00:10
The speaker introduces non-time-based charts, specifically Renko charts, using the CAD/JPY currency pair as an example. They explain that the principles remain consistent across different time scales, including 15-second, 30-second, and one-minute intervals. The speaker also demonstrates how to verify the speed and appropriate brick size settings for trading on these charts.
00:37
Optimal brick size for CAD/JPY
00:37
The speaker demonstrates adjusting timing settings, moving through 15-second, 30-second, and 1-minute intervals to deliver an optimal brick size for CAD. This optimal setting is dynamic and changes throughout the session to maintain efficiency.
01:15
Trading without guesswork with Renko
01:15
The segment explains that using the indicator eliminates guesswork by automatically determining what to trade, allowing trading in harmony with the market's speed. It highlights the benefits of combining Renko charts with time-based charts, where the time-based chart provides comprehensive information...
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...
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...
Related markets and what they reveal in terms of risk
All the financial markets are connected by one thing - risk. Learn how we apply this in terms of a proxy risk currency pair.
https://youtu.be/RxpfxtZOj70
00:10
Japanese yen as risk indicator
00:10
The speaker discusses the significance of the Japanese yen in financial markets, noting its dual role in reflecting both risk-on and risk-off sentiments. They highlight how movements in the yen can sometimes predict changes in stock indices. An example from their proprietary forex platform, featuring specialist indicators developed for the forex market, is mentioned to illustrate this point.
00:46
Yen pairs moving lower signals indices drop
00:46
The discussion focuses on the behavior of EM pairs, specifically those involving the yen as the counterparty currency, on hourly and 20-minute charts. These pairs tend to move consistently in one direction, making trend movements easy to identify. Currently, the pairs are moving lower, which is a negative signal for indices and equities, suggesting potential continued declines due to increased selling...
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...
