Discover the power of trading using tick charts

Discover the power of trading using tick charts

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...
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Several volume price analysis lessons here for cable

Several volume price analysis lessons here for cable

Several volume price analysis lessons here for cable The 5-minute chart of cable offers several lessons in volume price analysis. First, we have to wait for signals to be confirmed, which is the case in the uptrend. The weakness is signalled clearly on high volume. This is followed by further signals of weakness as the move runs out of steam, before the reversal duly begins. Then, in the downtrend, as the reversal gets underway, we see the clear re-entry signals and opportunities to jump on the trend if we missed the initial signals. Applying Volume Price Analysis to Forex: Using Tick Volume as a Proxy Forex is the world's largest and most liquid market, but unlike stocks or futures, it is decentralized with no central exchange reporting true volume. This lack of centralized data means traditional volume figures are unavailable. Traders use tick volume as a proxy—the number of price changes (ticks) in a period. Tick volume correlates closely with actual trading activity,...
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Congestion phases explained

Congestion phases explained

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...
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Two volume price analysis lessons in one!

Two volume price analysis lessons in one!

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...
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Learn how to identify currency flows in all timeframes

Learn how to identify currency flows in all timeframes

Learn how to identify currency flows in all timeframes https://youtu.be/ysvzRitikTo 00:03 Introduction and current situation overview 00:03 The webinar host welcomes attendees to the Forex webinar for the London session, recognizing a diverse group including Forex program students, indicator users, and first-timers. The host mentions a sunny day in Hampshire and reflects on the unusual times due to the pandemic, noting that their family experienced the virus earlier than the lockdown. Despite challenges, the host expresses hope that everyone is well and ready to engage with the session. 01:06 Disclaimer and session focus on volume price analysis 01:06 The speaker begins by highlighting the risks involved in trading and advises viewers to only use money they can afford to lose. The session will focus on analyzing the forex markets using volume price analysis (VPA), a methodology developed and refined over 20 years by David, the speaker's husband. This approach combines technical chart analysis with consideration of the fundamental and related market factors to better understand market direction. They have...
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A four step process using the currency dashboard to trade forex

A four step process using the currency dashboard to trade forex

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...
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It’s risk on as the London forex markets open

It’s risk on as the London forex markets open

It's risk on as the London forex markets open https://youtu.be/3B5G3wYeYTg 00:10 No best currency pair for intraday trading 00:10 The speaker addresses a question about the best currency pair for intraday trading using CSI, emphasizing that there is no single best or perfect approach. Instead, the choice depends on what suits the individual trader. Some traders focus on one or a few pairs, while others trade any available pairs. The decision also depends on trading style, such as scalping, reversal trading, or trend trading, all of which relate to personal risk preferences. The speaker notes that this is a complex topic covered in detail in the program and promises to provide further explanation during the session. 01:10 Tracking Aussie yen and market indices 01:10 The speaker discusses tracking the Aussie yen across multiple timeframes, noting a steady upward trend. Attention is also given to the FTSE 100, which has surged significantly from 5580 to 5744, presenting a promising early trading opportunity. The conversation then shifts to various US futures...
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Analysis of the EUR/CAD, the volume point of control and Wyckoff’s three laws

Analysis of the EUR/CAD, the volume point of control and Wyckoff’s three laws

Analysis of the EUR/CAD, the volume point of control and Wyckoff's three laws https://youtu.be/_G8vIVpyhP8 00:11 Initial setup and volume point of control 00:11 The speaker explains that instead of relying solely on the CSI or the chart, they took a screenshot to better understand the initial setup. They reference a three-minute chart of the Euro Canadian currency pair from about half an hour ago, highlighting the volume point of control and its significance in the market context. 00:47 Market congestion and value area explained 00:47 The segment explains the concept of a market congestion phase, also called a value area. This phase indicates market imbalance with no clear direction, as buying and selling activities are balanced. The market is essentially in a status of equilibrium, and it is noted that markets spend a significant amount of time in this balanced state. 01:20 Triggers for market movement 01:20 The speaker explains that about seventy percent of the time, prices move sideways until triggered by an event. These triggers can be fundamental news, geopolitical events,...
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A huge day trading the emini futures, as risk on appetite evaporates

A huge day trading the emini futures, as risk on appetite evaporates

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...
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Terrific trade on the EUR/AUD as London forex market opens

Terrific trade on the EUR/AUD as London forex market opens

Terrific trade on the EUR/AUD as the London forex market opens We follow a great trade on the EUR/AUD which develops nicely during the session. https://youtu.be/9WOrFzF_uFk 00:11 Introduction to Euro Aussie currency analysis 00:11 The speaker discusses their experience with the Euro/Ozzy currency pair, highlighting it as a prime example of analyzing currency strength using charts and indicators across multiple timeframes. They emphasize their focus as a reversal trader and describe witnessing a setup forming in this context. 00:59 Multi-timeframe currency strength overview 00:59 The speaker discusses analyzing the euro currency across multiple timeframes—3, 5, 10, and 15 minutes—to get a comprehensive view of its movement. Early in the session, trading conditions were congested, making it difficult to find trades. Patience is emphasized while waiting for a move developing consistently across different timeframes. The euro showed strong climbing momentum on shorter timeframes, with similar patterns emerging on the 10- and 15-minute charts, although moves tend to be less pronounced on slower timeframes as expected. 02:02 Euro and Aussie dollar trend comparison 02:02 The segment...
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