forex trading tools Archives - Page 2 of 5

Price based or volume based support and resistance – which is important? Both!

January 12, 2021February 11, 2026 by Anna Coulling Comment Closed

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...

How to trade a basket of currencies and reversal trading using time and non time based charts

January 6, 2021February 11, 2026 by Anna Coulling Comment Closed

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...

Welcome volatility at year end for forex traders

December 15, 2020February 11, 2026 by Anna Coulling Comment Closed

Welcome volatility at year's end for forex traders The year-end and run-up to the Christmas holiday season are always a great time for forex traders, as markets generally deliver volatility and momentum as traders close up for the year-end with position squaring and book-closing. So don't pack up too early this year, and you will be rewarded with plenty of trading opportunities, particularly intraday on the faster timeframes. And with the Quantum Trading tools and indicators, you have the perfect technical indicators, starting with the Currency Strength Indicator and the Currency Matrix. The currency array then visually displays trend strength, whilst the currency heatmap gives you the complete picture. https://youtu.be/4MuBeRHESJs 00:00 Introduction and webinar overview 00:00 The webinar host welcomes attendees to the final session of the year 2020, apologizing for a slight delay due to technical difficulties. They announce plans for a new series of sessions starting in early January and mention that participants will receive an email invitation to sign up. The host thanks...

Two great trades on the GBP/USD using volume price analysis

September 22, 2020February 13, 2026 by Anna Coulling Comment Closed

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?

September 22, 2020February 13, 2026 by Anna Coulling Comment Closed

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...

Trading the pound as London forex market opens

September 9, 2020February 13, 2026 by Anna Coulling Comment Closed

Trading the pound as London forex market opens In this portion of the webinar from the London forex trading session we focus on trading the pound. https://youtu.be/s8mBkIEETOo 00:00 Introduction and trading disclaimer 00:00 The webinar begins with a warm welcome and a reminder about the risks involved in trading, emphasizing the importance of only using money one can afford to lose. The host mentions a brief break the previous week and notes that this session is part of a new series. The focus will be on analyzing the forex market, with insights shared by the host and David. 01:02 Volume price analysis methodology 01:02 The segment introduces volume price analysis as a technical methodology that combines price action with volume to determine the authenticity of chart patterns, distinguishing genuine moves from potential traps. It emphasizes integrating this technical perspective with fundamental news and related market developments to gain a comprehensive understanding. 01:36 Currency relationships and market sentiment 01:36 The discussion explains the close relationship between certain currency pairs and other market dynamics, using the...

How to read the chart and trend using volume price analysis

September 9, 2020February 13, 2026 by Anna Coulling Comment Closed

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...

To trade the euro you need to understand this first

July 21, 2020February 14, 2026 by Anna Coulling Comment Closed

To trade the euro you need to understand this first The euro is a political currency and forex traders often wonder why such a currency moves in the way it does, with today being a classic example. An agreement has supposedly been reached about future policy by the member states, yet the euro has fallen and the answer lies in the bond markets and in particular the bond spreads. It is the spread between the German bond and the Italian bond which will ultimately dictate the future of the euro with Italy now likely to be the next country to leave the union. https://youtu.be/Uk2MxuLRCjI 00:00 Introduction and webinar start delay00:00 The speaker apologizes for the slight delay caused by technical issues with GoToWebinar. They welcome everyone warmly, mention the beautiful weather in Hampshire, and express hope that attendees are enjoying good weather as well. The session is about to begin. 00:33 Trading disclaimer and audience overview 00:33 The speaker begins the webinar by emphasizing the importance of the trading...

Discover the power of the Camarilla Levels indicator for NinjaTrader on the NQ emini

July 17, 2020February 14, 2026 by Anna Coulling Comment Closed

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

July 14, 2020February 14, 2026 by Anna Coulling Comment Closed

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...