Yes - you can apply volume to cryptocurrency trading!
If you thought volume price analysis could only be applied to stocks, equities, forex and bonds, think again. It works just as well for cryptocurrencies as this video explains from the morning forex trading session. In this case, we are using the TradingView platform with the Quantum Trading indicators and for Bitcoin, but the methodology can be applied to any other cryptocurrency.
https://youtu.be/I3k9yYXnO5I
00:06
Using volume to trade cryptocurrencies
00:06
The speaker addresses common questions about using indicators on TradingView, focusing on whether volume-based analysis applies to various markets, specifically cryptocurrencies like Bitcoin. They confirm that volume and price analysis can be used to trade cryptocurrencies and demonstrate this using a 5-minute Bitcoin chart on TradingView with their indicators.
00:42
Multiple timeframes and volatility triggers
00:42
The speaker discusses different time intervals—ten, fifteen, and twenty minutes—and demonstrates selecting one to view in full size. They mention keeping multiple intervals visible for easier comparison and highlight the presence of volatility triggers. The...
The foundation of volume price analysis using the EUR/AUD
In this session from the London forex session, I explain how to spot anomalous candles using the EUR/AUD pair. Spotting such candles with their associated volume is one of the foundational elements to volume price analysis. The question we always ask ourselves is simply this: Is the price in agreement or disagreement with the price? If it is in agreement, all is well. If not we start to question why and understand what the market makers are doing. Are they buying, selling, or not participating? We follow them accordingly.
The volume price analysis methodology is covered in detail in The Complete Forex Trading Program which you can find by clicking the link here https://quantumtradingeducation.com
https://youtu.be/GAgtOarFv2U
00:05
Volume and trend analysis on Euro Aussie
00:05
The speaker reviews their Euro Ozzy analysis, focusing on volume as an indicator. They clarify previous points by demonstrating on the NinjaTrader platform. The discussion highlights the start of a trend marked by a...
How to judge risk on the trade with the CAD/JPY
The CAD/JPY delivered an excellent example of how to judge risk on the trade during the London forex session. It's not simply a question of considering the pair across the timeframes, but being aware of all the relational aspects which are likely to impact the trade. The relational aspect of trading forex is one which is rarely understand by forex traders, but covered in detail in The Complete Forex Trading Program which you can find by clicking the link here https://quantumtradingeducation.com
https://youtu.be/8nRFO_wsp1A
00:10
Currency strength indicator overview
00:10
The video discusses a currency strength indicator displayed across multiple timeframes including 3, 5, 10, and 15 minutes, providing a quick visual of the strength of major currencies. The presenter notes that the market has just passed the London open at 8:00 AM UK time, about 13 minutes into the session. There is a noticeable surge in market activity, with the FTSE 100 showing an initial spike followed...
Using Camarilla to identify key levels in multiple time frames
https://www.youtube.com/watch?v=rI-QBXpnEpg
Support and resistance become even more important in multiple time frames, particularly when a trader's focus chart approaches a significant point on a higher or slower time frame. In this video, we explain how to identify such levels using the Camarilla indicator for MT5.
00:00
Introduction to Forex webinar and market overview
00:00
The webinar begins with a welcome and an overview of the forex market and related markets, emphasizing the importance of considering both technical charts and fundamental factors, especially during the ongoing health crisis. The presenter highlights how risk and market sentiment are influenced by current events. A disclaimer about the risks of trading is given, cautioning viewers to only trade with money they can afford to lose. The hosts introduce their approach, which involves analyzing the market using volume analysis combined with price action to gain deeper insights.
01:36
Oil market crash and its impact on currencies
01:36
The discussion begins by emphasizing the importance of...
Price & Volume support & resistance on the gbp/jpy
https://www.youtube.com/watch?v=znkprDKZLCE
Support and resistance are essential tenets of volume price analysis. In this video, David explains how we can identify these key levels by using both price and volume, using the gbp/jpy as an example.
The pair sold off sharply this morning as market sentiment soured, and the British pound followed suit.
00:16
Introduction to price and volume resistance
00:16
The speaker begins by addressing technical issues with the microphone and participants' audio. They then recap their starting point with the 'pan' to emphasize the importance of supporting resistance from both price and volume perspectives, and mention moving on to discuss multiple CSIs to further illustrate these points.
00:52
Currency movements across multiple timeframes
00:52
The speaker discusses currency movements across various time horizons, including three, five, ten, and fifteen-minute intervals. Currently, there is notable buying activity in the British pound and the Japanese yen across these shorter time frames. Specifically, the pound shows consistent buying, as indicated by the yellow line,...
Gaps can be traps
https://www.youtube.com/watch?v=QlqsqFTvNKk
Beware gaps because they can be filled. They are there for one reason and that is to trap traders and investors into weak positions. An extract from this morning's London forex webinar explains this with an example from the YM (e-mini) contract for the Dow Jones.
00:10
Overview of market sentiment and yen buying
00:10
The speaker begins by sharing their screen and intends to highlight key points about sentiment analysis across different timeframes—five, ten, and fifteen minutes. They use the yen currency pair as an example because it is the counter currency, making it visually easier to understand the sentiment trends across various time horizons. The speaker emphasizes that the sentiment data provides a clear and simple view of market conditions.
00:39
VIX climbing and UK, US indices falling
00:39
The segment discusses current market movements, focusing on the yen being actively bought. The VIX index is climbing moderately, indicating increasing market volatility. Meanwhile, the UK Footsie 100 index is declining, as are US...
CAD/JPY reaction as oil price craters
https://www.youtube.com/watch?v=ckjMHkFGKwA&t=875s
An important module in our Forex Program is understanding cross-market relationships and one of the most important is the one between oil and the petro currencies of which the Canadian dollar is one. In this morning's webinar, we considered the price action on the cad/jpy which was driven lower not only by the crash in oil but also a souring of market sentiment as money flowed into the Japanese yen.
In such strong market moves identifying important support and resistance levels is key, not only for establishing possible pause points and reversals, but also for potential points to join the prevailing trend. This is where the Camarilla indicator can help as we can see in the video. The version used is for the MT5 platform.
00:10
Overview of CAD/JPY and multi timeframe analysis
00:10
The speaker discusses analyzing the CAD/JPY currency pair using multiple timeframes, including slower ones, to better understand market movements and support/resistance levels. They emphasize the importance...
Volume price analysis gives a reversal signal for gold
https://www.youtube.com/watch?v=CSinpH8TCwk
Follow up to the reversal signal we saw in gold in the previous video.
00:12
VIX spike and market reaction
00:12
The speaker discusses the current market situation while preparing to have a cup of tea in the South Downs. They analyze the VIX index, noting a spike on the one-minute chart which explains the reaction in the broader market indices. Despite checking the news, no specific event is identified as the cause of the spike, suggesting this is a typical market occurrence. The VIX spike and subsequent index movement are central to the segment's focus.
01:17
Avoid trading during holiday thin markets
01:17
The speaker advises against trading during the holiday season due to thin markets and high volatility from low volumes. They compare this period to trading just before Christmas Eve, emphasizing the increased risks. The market instability observed is linked to these conditions, despite a substantial $2.3 trillion Fed backstop.
01:49
Gold price reaction and profit taking
01:49
The speaker discusses...
Multiple time frame trading in forex
https://www.youtube.com/watch?v=UcL_BfP3D-U
Using the higher time frames to determine what we can expect on the faster charts.
00:13
OPEC meeting and oil price impact
00:13
The discussion begins by highlighting the major event of the day, focusing on the ongoing OPEC meeting. Attention is given to whether an agreement has been reached to cut oil production in order to support oil prices, which directly affects the Canadian dollar. The speaker references monitoring updates via Twitter to track the situation.
00:39
Eurogroup meeting on coronavirus response
00:39
The Eurogroup meeting is focused on coordinating a response to the coronavirus crisis in the Eurozone. There is discussion about an economic package aimed at helping severely affected countries like Italy and Spain, but no official agreement has been confirmed yet. Additionally, unemployment claims are being monitored from Canada and other regions.
01:15
US and Canada unemployment claims surge
01:15
The speaker discusses the severe economic impact in the United States and Canada, highlighting unprecedented unemployment figures. The U.S. is experiencing massive job...
Volume price analysis trading
https://www.youtube.com/watch?v=4_08HzqbMXM&t=835s
Volume price analysis trading can be used across all markets and timeframes and here we have an example on the gold chart.
00:11
Intro and VIX overview
00:11
The speaker apologizes for technical difficulties and checks audio clarity before starting the session. They introduce the VIX index charts, showing the one-minute and daily views, noting the current downtrend. The VIX is trading in a tight range with low volume as the session nears its end. The speaker then plans to briefly review gold prices before returning to discuss the indices in more detail.
01:15
Gold weekly chart anomaly explained
01:15
The speaker discusses a significant trend in gold observed recently and references a detailed post made a few days earlier. They highlight the importance of examining the weekly chart, which reveals a classic anomaly not apparent on faster timeframes. The speaker encourages viewers, especially those familiar with a contributor named Nick who provides in-depth weekend analysis, to explore cross-timeframe studies. This anomaly is notably visible...
