Doji candle on the monthly DXY chart confirms hits strong price & volume based resistance

Doji candle on the monthly DXY chart confirms hits strong price & volume based resistance

The Doji candle is often taken as a reversal signal, which can happen. Additionally, what this candle is really telling us is that, during its formation, the bulls and the bears were in a tug-of-war for control. Naturally on completion, there was no overall 'winner', leaving the project directionless. Therefore, this is why the candle is best described as a candle of 'indecision'. From a trading perspective, Doji candles can generate strong two-way price action. However, it more often causes choppy, volatile trading conditions. Fortunately, the example we have on the monthly chart for the DXY had a really wide range - over 200 pips which explains why this week the price action has been more muted. Understanding candle patterns and blending them with the Quantum indicators can help to determine where the price is likely to pause and reverse. In this example, we have price-based support & resistance from the Camarilla pivots and volume-based resistance derived from the volume point...
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Learn how to use the Camarilla levels indicator to trade both spot forex and futures

Learn how to use the Camarilla levels indicator to trade both spot forex and futures

Learn how to use the Camarilla levels indicator to trade both spot forex and futures Trading is all about levels and flow and the Camarilla levels indicator is one indicator we use to define these levels. Most use 4 levels but we have developed this to add a further two so the indicator gives a range from R6 to S6 with the buffer zone at R1 to S1. https://youtu.be/2q08jV05BcY 00:00 Introduction to day trading futures and markets 00:00 The webinar begins with a welcome and an introduction to day trading during the U.S. session. The focus will be on futures markets, specifically indices, as well as Forex and some commodities like oil and gold. The speaker mentions that David has the oil chart ready, highlighting the broad range of markets to be covered. 00:34 Volume Price Analysis methodology overview 00:34 The webinar introduces the methodology of volume price analysis, which can be applied to any market and timeframe. The presenter emphasizes the importance of the disclaimer visible on the screen,...
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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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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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How to use higher and lower timeframes to discover trends

How to use higher and lower timeframes to discover trends

How to use higher and lower timeframes to discover trends In this video from this morning's forex webclass Anna explains how to use higher and lower timeframes to discover trends in the forex markets. https://youtu.be/69-sTBnGEm0 00:10 Using multiple time frames in trading 00:10 The speaker discusses the importance of analyzing multiple time frames in trading, particularly how higher time frame charts can inform expectations on faster time frames by examining price structures. They mention upcoming webinars where these concepts will be explored further, including a session focused on the US trading session, indices, and Forex. The segment concludes with the speaker addressing a question from the chat. 01:17 Commodity currencies and market sentiment 01:17 The discussion explains why the Australian dollar (Aussie) is trending higher, highlighting its status as a commodity currency along with the Kiwi and Canadian dollars. Commodity currencies tend to rise when equity markets perform well, driven by increased demand for raw materials, such as iron ore, which Australia exports heavily to China. Conversely, when markets sell...
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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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Terrific trade on cable using volume price analysis

Terrific trade on cable using volume price analysis

A terrific trade on cable this morning, and if you missed the first signal, a second followed! This is the power of volume price analysis, which works in all timeframes and all markets, including forex. The chart above shows these classic trading examples on the GBP/USD and clearly highlighted by volume price analysis. Trading the GBP in the London Open: Strategies, Pairs, and VPA Insights The London session (8 AM–5 PM GMT) is the most liquid and volatile forex period, accounting for ~35% of daily volume. For GBP traders, this is prime time—overlaps with Tokyo (early) and New York (later) create momentum spikes. GBP pairs shine here due to UK economic data releases (CPI, employment, BOE decisions) and high institutional participation. Volume price analysis (VPA) is essential: high volume on moves confirms conviction, low volume warns of traps. Traders using VPA avoid false breakouts common at session opens. Best GBP Pairs to Trade and When Focus on these high-volume GBP pairs during London: GBP/USD...
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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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Overnight news from China leaves traders puzzled!

Overnight news from China leaves traders puzzled!

Overnight news from China leaves traders puzzled! Overnight news from China leaves many traders puzzled as does the move in the Aussie prior to the release. https://youtu.be/jXMvf6l_-dA 00:00 Webinar introduction and disclaimer 00:00 The webinar begins with a welcome and a reminder about the trading disclaimer, emphasizing the risks involved and advising participants to only use money they can afford to lose. The speaker notes ongoing market activity and prepares to discuss current developments. 00:32 Hosts and volume price analysis overview 00:32 The webinar is introduced by Anna and her husband David, who will explore the forex markets using volume price analysis, a technical methodology they have applied for 20 years. They will also incorporate fundamental factors into their market analysis. 01:01 Impact of global pandemic on markets and lives 01:01 The speaker discusses the current global situation dominated by the medical and health crisis due to the pandemic. They share personal experiences of being in lockdown for several weeks due to illness in their family. The segment highlights the widespread feeling of powerlessness...
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Volume price analysis and congestion phases

Volume price analysis and congestion phases

Volume price analysis and congestion phases Volume Price Analysis & Congestion Phases A nice congestion phase building on the 5m chart for GBP/JPY, introducing several elements of volume price analysis. First, we have support and resistance. Here, we see a strong region of resistance forming, indicated by the red dashed line. This is on the accumulation and distribution indicator which displays graphically the strength of such regions. In other words, the thicker the line, the stronger the region, so a strong ceiling of resistance is building at 129.75. In addition, we are also trading at the volume point of control at 129.52. This is the fulcrum of the market at present, with no bullish or bearish bias. In other words, the market is in price agreement, where we have the heaviest concentration of volume. The key now is to wait for the breakaway from this region which will come - it's a question of being patient and waiting. And on the move away...
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