learn forex market Archives - Page 2 of 2 - Quantum Trading Education

And here is the trap revealed on the GBP/JPY pair from earlier!

March 26, 2020February 17, 2026 by Anna Coulling Comment Closed

And here is the trap revealed on the GBP/JPY pair from earlier! The crossover from one session to another is one of the most profitable times for the market makers and here's why. We looked at the GBP/JPY at the start of the London forex session and saw the volatility which is ever present at such times. Now we can see the trap has been sprung and the market has reversed sharply. All those forex traders who jumped into this pair on FOMO, the fear of missing out, on the initial rapid move higher, are now trapped in weak positions and regretting their decision. https://youtu.be/yIJzb79MbPc 00:11 Pound Yen Market and London Session 00:11 The speaker explains market behavior during the London session crossover, focusing on the pound-yen currency pair. A rapid price move early in the London session creates a fear of missing out, enticing traders to jump in quickly. However, this often traps them in weak positions due to sudden reversals. This pattern frequently occurs...

Using the renko indicator for trading forex

March 24, 2020February 17, 2026 by Anna Coulling Comment Closed

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...

Muted reaction to NFP for equities

March 6, 2020February 17, 2026 by Anna Coulling Comment Closed

Muted reaction to NFP for equities Fundamental news is often cyclical, and the importance of one type will vary according to where we are in the economic cycle. In addition, such items may be overshadowed by more prescient news, and this is certainly the case at present with the coronavirus dominating world headlines and driving fear in the markets. So it was no surprise to see the monthly NFP release have little impact on US indices, which paused momentarily before continuing their journey South as we can see across the three sisters here of the YM emini, the NQ emini and the ES emini. Note the weakness in the reaction at the top of the 5 m charts. Non-Farm Payroll (NFP): A Key Economic Indicator for Traders Non-Farm Payroll (NFP) is one of the most anticipated economic releases in the trading world. Issued monthly by the U.S. Bureau of Labor Statistics, NFP reports the change in U.S. employment excluding farm workers, private household...

Crossover session traps

March 5, 2020February 17, 2026 by Anna Coulling Comment Closed

Crossover session traps The crossover sessions in forex occur when trading in one timezone closes and another opens and can be a very dangerous time for traders. Why? Because this is where insider traps are set. The London open always is a fertile ground and there was a great example on the usd/jpy. Heavy buying in the pair on the previous day resulted in a nice move higher in Asia with the pair moving into consolidation ahead of the London open. Prior to the open the pair started to move higher on reasonable volume but reversed lower at the open on high volume until the hammer candle, again on high volume pushed the pair back towards the consolidation (the yellow line on the chart). Session Crossover Traps: How Market Makers Catch Unwary Traders (and How to Avoid Them) The session crossover — the moment one major trading session hands over to the next — is one of the most dangerous times of the day for...