A novel way to use the currency strength indicator
Try using the currency strength indicator like this - you will be surprised at how it helps you in your forex trading.
https://youtu.be/ktUaWIrHbgY
00:10
Identifying significant chart levels
00:10
The segment discusses analyzing short-term trading charts, focusing on the significance of the S4 level in price movements. It highlights the importance of recognizing key levels that influence market behavior, especially for traders working with fast timeframes. Understanding these levels helps traders anticipate price reactions and manage their positions more effectively, emphasizing the value of being forewarned about potential support or resistance zones.
01:19
Trading synthetic indices on broker platforms
01:19
The speaker addresses users of MetaTrader 4 and 5, as well as their quantum trading indicators, explaining that most broker platforms now allow trading of single instruments like the SP, Nasdaq, or Dow through synthetic contracts. These synthetic contracts are broker-created and not actual futures contracts, but traders can use the same trading approach. The speaker demonstrates this using the camera...
Discover the power of trading using tick charts
Discover how to use tick charts to trade futures, whilst also applying the volume price analysis methodology. Using this approach blends the advantages of trading tick charts which reveal momentum, whilst also applying volume analysis to the price action. A perfect combination using the Quantum Trading Tickspeedometer indicator.
https://youtu.be/pLPlbW6K4kA
00:10
Switching to tick charts for market activity
00:10
The speaker discusses switching to tick charts to better understand market activity. Tick charts help gauge the speed of market movements, whether the market is fast, optimal, or sluggish. The speaker mentions using a tick speedometer with time bases of 1, 2, and 3 minutes, which provides useful insights into market conditions.
00:42
Tick speedometer shows market participation
00:42
The segment discusses the activity levels indicated by a chart that changes colors from red to orange and green, reflecting varying degrees of participation. It highlights how this visualization provides a heads-up on market participation, showing whether the activity is high, medium, or low. The...
Congestion phases explained
I explain congestion phases and why they are so important. This is an area which is covered in detail in the Complete Forex Education Program.
https://youtu.be/vA5loTWCOvs
00:11
Introduction to trading pound pairs and indicators
00:11
The speaker apologizes for a brief interruption and explains that they are reviewing their current dashboard, focusing on pound currency pairs. They discuss different approaches to using trading indicators, noting that David trades more indiscriminately across pairs, while the speaker prefers specific pairs that tend to yield good trading opportunities. They mention a particular fondness for cross pairs like the pound-Ozzy and the euro-Was, highlighting their potential for profitable trades.
01:22
Choosing currency pairs based on trading sessions
01:22
The speaker advises traders not to be overwhelmed by the many currency pairs available, suggesting starting with at least three pairs to trade. The choice of pairs should depend on the trading session, as different sessions see different currency movements. For example, during the London session, many pairs move actively including yen and...
Learn how to start each forex trading session
https://youtu.be/bQ7Ouzj0mO0
00:01
Introduction and health crisis context
00:01
The speaker welcomes viewers to the London Forex webinar, sharing a personal anecdote about walking their older dog in Hampshire. They express hope that everyone is coping well with the ongoing health crisis and note that the webinar offers a positive distraction from current global challenges. The session begins with a reminder to pay attention to the disclaimer displayed on screen.
01:03
Trading risks and methodology overview
01:03
The speaker emphasizes that trading is risky and advises not to use money one cannot afford to lose. The session focuses on analyzing the forex market using a volume price analysis methodology developed over 20 years. This approach involves examining not only technical charts but also fundamental factors and related markets, as all markets are interconnected. The key focus is on tracking money flow, which depends on broader market sentiment and economic conditions.
02:03
Market sentiment and related markets
02:03
The speaker discusses the impact of the recent virus...
Some nice pips on the GBP/NZD
Some nice pips delivered here courtesy of volume price analysis on the 15 minute chart!
https://youtu.be/A0EVn3mvMdU
00:11
Introduction to risk and reward in trading
00:11
The speaker ensures their microphone is on and addresses a question from Belinda related to risk and reward. They reference a 15-minute chart from nearly an hour ago, noting initial weakness followed by a strong signal indicating that the weakness was expected to develop further.
00:39
Analyzing price weakness and volume signals
00:39
The segment discusses the price movement of a stock that has declined from about 90 to 59, indicating a potential profit opportunity from the reversal. It highlights strong volume activity confirming the price action, with some buying interest visible. The analysis notes limited price base support levels, describing them as weak and thin, and emphasizes the need for volume to push through a significant wedge of volume. The segment concludes by considering potential target levels for the price if the reversal continues.
01:37
Identifying support levels and market...
Two-volume price analysis lessons in one here on the daily chart for the GBP/JPY. First, we see rising prices and falling volume as the rally of late March stalls. This is an anomaly as we should expect to see rising prices supported with rising volume if the trend is to develop with real momentum. Then we move into the congestion phase. Note the fall in volume as price action narrows and trades around the volume point of control. Now, all we need to do is wait and be patient. The breakout will come in due course and be confirmed as genuine or false with volume.
The Historical Foundations of Volume Price Analysis
Volume Price Analysis (VPA) has its roots in the early days of technical analysis, dating back to Charles Dow's Dow Theory in the late 19th century. Dow emphasized that price movements must be confirmed by volume to be valid—high volume on advances showed strength, low volume warned of weakness. This...
A four step process using the currency dashboard to trade forex
In this video, we explain how to use the four indicators in the currency dashboard starting with the currency strength indicator. Then it's on to the currency matrix indicator, followed by the currency array, and finally to the currency heatmap, which completes the dashboard.
https://youtu.be/QIr7oprGFYQ
00:10
Introduction to the Currency Strength Indicator
00:10
The segment introduces the CSI as the foundational tool for analyzing a complex market by breaking it down into basic components, likened to building a house with bricks. It emphasizes using multiple timeframes to identify market conditions such as overbought or oversold levels and reversals, illustrated by the example of the Euro beginning to reverse upward.
00:43
Currency Overbought and Oversold Conditions
00:43
The discussion focuses on currency market conditions, highlighting the oversold status of the Australian dollar and the yen's position. The Australian dollar continues to climb strongly, while New Zealand's currency has started to decline slightly. The speaker notes that commodity currencies often move...
A huge day trading the emini futures, as risk on appetite evaporates
In these traumatic times, it was another big move on the US markets with all the three primary indices falling sharply as risk on sentiment evaporates again. Using the renko optimiser indicator for NinjaTrader in conjunction with the time based charts is such a powerful approach and one we show here for the YM Emini futures.
https://youtu.be/FgpbvV81b48
00:00
Introduction to US markets day trading
00:00
The webinar begins with an introduction to trading in the US markets, focusing on indices, commodities, and some Forex during the US trading session. The presenters emphasize that their approach is applicable to various markets and instruments. Before proceeding, they highlight an important disclaimer about the risks of trading and advise viewers not to use money they cannot afford to lose. They also introduce their trading methodology, volume price analysis, which involves examining charts through volume data.
01:07
Wyckoff method and volume price analysis
01:07
The segment introduces the Wyckoff method, which analyzes...
The power of the currency array indicator in multiple timeframes
The currency array indicator reveals so many things. Strength of trend, strength of buying and selling across the complex and universal sentiment to name a few!
https://youtu.be/IXHjWsjmQNk
00:13
Using Currency Strength Indicators
00:13
The speaker explains how they use the euro currency array to analyze trades. They mention picking trades based on currency strength indicators rather than just the console. The currency matrix, which updates in real time across charts, provides extensive information. The speaker focuses on the 3 to 15-minute time horizon and isolates the euro for detailed analysis.
00:45
Analyzing Euro Pair Movements
00:45
The speaker explains the importance of visually assessing multiple time frames to determine the strongest currency pair. They highlight that although the Euro New Zealand is moving more strongly on the three-minute chart, the Euro Aussie is the main focus. On the five-minute chart, the trend appears flat or slightly down, emphasizing the need to continuously monitor the overall direction.
01:18
Ideal Euro Pair Trends
01:18
The segment...
Applying volume price analysis to the forex market
As the London forex market gets underway Anna explains the basic principles of how to apply volume price analysis to the forex market and in particular how this is blended with Richard Wyckoff's three laws. These are supply and demand, cause and effect and effort vs result.
https://youtu.be/FT7KeJBAZv4
00:01
Webinar introduction and disclaimer
00:01
The webinar begins on time with a warm welcome to all attendees. The host notes that technical issues have been resolved despite one participant still unable to hear. Attendees are reminded to review the disclaimer displayed on their screens before proceeding.
00:31
Advice on trading risks and audience overview
00:31
The speaker advises viewers never to use money they cannot afford to lose when trading in any market, emphasizing the importance of this caution especially given current market conditions. The session includes a diverse audience, such as Forex program students and users of quantum trading indicators.
01:04
Session structure and volume price analysis
01:04
The speaker welcomes viewers who have discovered them...
