Using the renko indicator for trading forex
The Renko indicator is a wonderful indicator to use in combination with time-based charts, and in the webinar we show on the GBP/JPY pair.
https://youtu.be/sXlm05gRFaU
00:12
Forex factory numbers and central banks
00:12
The speaker comments on recent forex factory data, noting that the reported numbers are almost meaningless in the current context. They emphasize that the key focus should now be on central bank actions, as market conditions have deteriorated significantly. The speaker also mentions that the upcoming reports at the end of next month will be more important and expresses hope that the current low point is the worst of the situation.
00:49
Unprecedented speed of market fall
00:49
The speaker discusses the unprecedented speed of the recent market fall, emphasizing that while the scale of decline is not unprecedented, the rapidity is. They recall the downturns in 2000, 2007, and 2008, which unfolded gradually over months, contrasting with the current situation where significant declines have occurred within weeks. The speaker...
VIX and US futures along with risk currencies confirm shift in sentiment
As the London forex session gets into full swing, sentiment is clearly displayed on the VIX which is trending lower as risk on sentiment returns with equities push ing higher on US futures markets. And of course currency flows from the yen and other risk currencies confirm the picture.
https://youtu.be/svEykuvd-J8
00:09
Introduction and market context
00:09
The speaker explains that Anna, who is Italian and has relatives in Italy, has been emotionally affected by the grim situation there in recent weeks. After apologizing for the emotional tone, the speaker shifts focus to their trading setup, mentioning the Aussie yen chart and TradingView on the screen as they prepare to start the analysis.
00:41
TradingView indicators and VIX explained
00:41
The speaker discusses various trading indicators displayed on their screen, mentioning the 4100 index which has recently opened and is climbing in real-time. They also note the DAX futures data is delayed on this feed, while the FTSE index...
Great Move on GBP/CAD Using Multiple Time Frames
Using multiple time frames to identify and capture trading opportunities is made a lot easier with the best forex trading indicators, and we had a great example earlier today on the GBP/CAD. Based on a combination of the hourly chart for the Matrix and 15 min chart of the Array, resulted in a 200+ move in these highly charged markets. The indicators were supported with a 3-pip Renko and a 3-minute time chart. The two charts show above explain the result and all supported by our volume price analysis methodology.
GBP and CAD Fundamentals: Understanding the Pair and Multi-Timeframe Trading
The British Pound (GBP) is the currency of the United Kingdom, one of the world's largest and most influential economies. The UK is a major financial services hub (London is the world's leading international banking and forex centre), with significant contributions from professional services, manufacturing, and North Sea oil/gas. GBP is a high-beta, risk-sensitive currency:...
