And another to consider is the EUR/AUD after the ECB

And another to consider is the EUR/AUD after the ECB

And another to consider is the EUR/AUD after the ECB Whilst the Aussie dollar has been moving firmly higher for the AUD/USD and AUD/JPY, the EUR/AUD has also seen strong moves lower, but halted by the ECB yesterday. https://youtu.be/GFSbT_91GWo 00:19 Introduction to ECB press conference importance 00:19 The speaker explains that their mute button had moved unexpectedly and they are focusing on the Euro currency pair due to an important fundamental event. They highlight the significance of the ECB and Christine Lagarde's press conference, emphasizing the importance of linking fundamental news to current forex trading decisions. 01:03 Central bank focus for currency pairs trading 01:03 The speaker emphasizes the importance of understanding the central banks behind the currency pairs traders are working with. This has been a recurring theme on their forex trading Facebook page and is a key recommendation in their trading program. The focus this week is on the significance of central banks in forex trading. 01:36 Key economic events affecting Aussie and Euro 01:36 The speaker discusses the importance of monitoring...
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After a dramatic week for the Aussie, where next for the risk currency?

After a dramatic week for the Aussie, where next for the risk currency?

After a dramatic week for the Aussie, where next for the risk currency? The Australian dollar has had an extraordinary week rampaging higher across the currency complex. So where next for this risk currency? https://youtu.be/G5HniptvE9A 00:19 Introduction to Liz Ann Sonders and her charts 00:19 The speaker introduces Liz Ann Sonders, a well-regarded analyst formerly with Charles Schwab, known for sharing unique and insightful charts and data on Twitter. They emphasize her value as a source of detailed market analysis before moving on to discuss specific charts. 00:49 Unemployment impact on industries like hospitality and retail 00:49 The discussion highlights the significant unemployment problem affecting multiple industries, particularly hospitality and retail. These sectors rely heavily on labor-intensive jobs that are generally low-paid, which has broad societal and market implications. The focus is on how these industries, especially accommodation and food services, are impacted by the current economic challenges. 01:59 Shift to online shopping and market changes 01:59 The speaker discusses the current state of various industries such as airlines, cruise liners, and retail, highlighting...
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Learn how to read the fundamental data just like a chart

Learn how to read the fundamental data just like a chart

Learn how to read the fundamental data just like a chart Fundamental data can be read on a chart like any other, and Anna explains how in this video. https://youtu.be/8CpODxPkX90 00:00 Webinar introduction and disclaimer 00:00 The webinar host welcomes participants from various locations, including the UK and the US. Before beginning, the host emphasizes the importance of the trading disclaimer, reminding viewers that trading carries significant risks and advising them not to use money they cannot afford to lose. 00:30 Audience and session overview 00:30 This segment introduces the audience, acknowledging the mix of returning Forex program students, book readers, and users of various quantum indicators. It sets the stage for the session by explaining that the focus will be on analyzing charts and futures markets. 01:01 Volume price analysis explained 01:01 The speaker explains that the focus will not be on stocks but includes some Forex content, analyzing charts through volume price analysis. This method examines price action alongside volume to understand current market behavior and predict future movements. Reference is made...
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A great way to help you get in and manage your trades

A great way to help you get in and manage your trades

A great way to help you get in and manage your trades Using non time-based charts is a great way to help you define where to enter the market, but more than that, they will also help you to stay in a position. https://youtu.be/OMy9fRl62No 00:05 Introduction and trading overview 00:05 The speaker mentions that Pastor David is currently experiencing some technical difficulties. They invite the audience to ask any questions they have by dropping them into the chat box. The speaker then plans to revisit and review some content from the previous month. 00:37 Upcoming economic events this week 00:37 The speaker discusses how trading, particularly in Forex, moves quickly and is influenced by cyclical news releases. These scheduled announcements provide traders with advance knowledge about market focus, not just daily but for the entire week. This specific week is highlighted as the first trading week of the month, featuring important events such as the PMIs, the Reserve Bank of Australia (RBA) announcement from the previous day, and the upcoming...
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The fear of missing out and how to avoid the trap moves of volatility

The fear of missing out and how to avoid the trap moves of volatility

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....
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The anatomy of a buying climax

The anatomy of a buying climax

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...
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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

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...
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Using Renko chart patterns in forex

Using Renko chart patterns in forex

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...
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Related markets and what they reveal in terms of risk

Related markets and what they reveal in terms of risk

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...
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Learn how sentiment drives the forex markets

Learn how sentiment drives the forex markets

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...
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