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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Yen buying on faster timeframes as London fx market opens

Yen buying on faster timeframes as London fx market opens

Plenty of yen buying across the complex as risk sentiment weakens following the reaction to overnight news of progress in finding a vaccine for CV19, as shown clearly on the currency array indicator across multiple timeframes. Risk currencies are much in evidence and one of the many key topics I cover in the complete forex education program and you can find all the details here - https://quantumtradingeducation.com The Japanese Yen: Sentiment Indicator, Risk Currency, and Carry Trade Powerhouse The Japanese yen (JPY) is one of the most unique currencies in forex trading. Often called a "safe haven" and "risk sentiment indicator," its movements reflect global investor mood more than most majors. When risk appetite rises (optimism, stocks rallying), yen weakens. When fear grips markets (crises, volatility spikes), yen strengthens as capital flees to safety. This inverse relationship with risk assets makes yen pairs (USD/JPY, EUR/JPY, AUD/JPY) essential barometers for traders across markets. Why the Yen Is a Risk Currency and Sentiment Indicator Japan's ultra-low...
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Learn how to start each forex trading session

Learn how to start each forex trading session

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...
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Camarilla indicator delivers on aud/usd

Camarilla indicator delivers on aud/usd

Camarilla indicator delivers on AUD/USD https://www.youtube.com/watch?v=AMEOEowzUOI Support & resistance are an integral part of volume price analysis and as part of the Forex Program we have developed a number of tools to help us identify those key levels on a chart. The Camarilla indicator is one. Here we can see how it signalled the top in a move on the aud/usd. 00:14 Renko chart settings on NinjaTrader 8 00:14 The speaker discusses analyzing the Australian dollar using Renko charts on NinjaTrader 8, noting that the Renko settings differ from those in NinjaTrader 5. They mention the ability to add more indicators to Renko charts in NinjaTrader 8 and describe the price action as in congestion, having just moved above a key level. 00:54 Price levels and Camarillo indicator 00:54 The speaker discusses the R4 level currently at 4.3 pips, compared to a previous level at 2.7 pips which had a longer congestion phase. They mention the target was the R5 level. The Camarillo indicator used has six levels, unlike most...
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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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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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Digging out the trading opportunities on Aussie dollar and EUR/NZD

Digging out the trading opportunities on Aussie dollar and EUR/NZD

Digging out the trading opportunities on Aussie dollar and EUR/NZD https://youtu.be/vo4b2rRcA_c 00:12 Aussie dollar selling and currency indices update 00:12 The speaker discusses recent movements in currency markets, focusing on the Australian dollar (Aussie) which is showing strong buying activity. The US dollar is experiencing selling pressure, particularly evident across various currency indices including the yen, euro, British pound, Canadian dollar, New Zealand dollar, and Swiss franc. The analysis uses short-term charts, such as 15-second intervals, to highlight rapid trends with the Aussie dollar gaining strength while the pound is selling off. The speaker notes the dynamic nature of these moves, driven by factors affecting both buying and selling sides. 01:21 New Zealand and Aussie dollar strength analysis 01:21 The segment analyzes currency strength, focusing on the US dollar, New Zealand dollar, and Australian dollar. It highlights a strong move in the New Zealand dollar, marginally stronger than the Australian dollar, indicating selling pressure on the US dollar. The discussion includes examining currency pairs on multiple timeframes (3, 5,...
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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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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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And here is the trap revealed on the GBP/JPY pair from earlier!

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

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...
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