Learn to trade the currency of first reserve with confidence

Learn to trade the currency of first reserve with confidence

Learn to trade the currency of first reserve with confidence In this vidoe we explain how to trade the currency of first reserve with confidence by using a simple currency majors matrix. This is easy to create and can also be created for other currencies in the same way. https://youtu.be/vmuCrEwR7E8 q 00:10 Introduction to Majors Matrix and currency pairs 00:10 The presenter welcomes the audience, ensures the screen and microphone are set up correctly, and introduces a workspace called the majors matrix, which organizes six major currency pairs for analysis. 00:45 Dollar selling and 3-minute timeframe overview 00:45 The speaker explains that the current market focus is on the US dollar, which has experienced significant selling overnight. They refer to a three-minute timeframe chart on the CSI, highlighting the dollar's decline. The speaker also notes an advantage of using the Ninja trading platform over MT4 and MT5 in this context. 01:16 Local time display and London market open effects 01:16 The speaker explains that the local time is displayed in real time, specifically noting that...
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More lessons in volume price analysis in the spot forex markets

More lessons in volume price analysis in the spot forex markets

More lessons in volume price analysis in the spot forex markets The EUR/USD delivers some more lessons in volume price analysis during the London forex trading session. The volume price analysis methodology is based on Wyckoff's three laws of effort and result, cause and effect and of course supply and demand. https://youtu.be/WVMP8MQruc0 00:13 Introduction to Eurodollar VPA lessons 00:13 The speaker revisits the MT5 platform, focusing on the Eurodollar to highlight key Volume Price Analysis (VPA) lessons. They mention how the volume point of control, indicated by a yellow line, was initially low on the three-minute chart and marked the start of a strong upward move. The speaker also discusses the timing on MT5, noting a two-hour adjustment needed for their version to align the timestamps correctly. Although the move coincided roughly with the European market opening, it was primarily a successful example of a breakaway trade, with some confusion about chart timeframes resolved by switching back to the three-minute chart. 01:24 Volume Point of Control dynamics explained 01:24 The...
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Using the renko indicator on MT4 or MT5 to find trades in forex

Using the renko indicator on MT4 or MT5 to find trades in forex

Using the renko indicator on MT4 or MT5 to find trades in forex In this video we explain how to use the renko indicator on MT4 or MT5 to find trades as a scalping trader in forex. The renko chart is a perfect way to trade as it reveals the momentum in the market, something you never see on a time based chart. The reason for this is that a renko chart is not based on time, but on the size of the brick. This is what governs the open and close of the brick and once this metric has been met, the renko brick is closed and moves on to build the next. https://youtu.be/f_A9AyyJ7fs 00:14 Analyzing slower vs faster time frames 00:14 The speaker discusses analyzing slower time frames for trading decisions, contrasting this with their current focus on faster time frames. They mention using MT5 instead of MT4 for charting and highlight a significant downward move in the US Dollar to Canadian Dollar currency...
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Using related currency pairs to help in your forex trading

Using related currency pairs to help in your forex trading

Using related currency pairs to help in your forex trading In this section from the London forex trading web class we explain how to use related currency pairs to help you in your forex trading. In this example, we use the example of the currency majors matrix to explain the principles, but this could be for any other currency. https://youtu.be/4J7L28BvnBg 00:12 Introduction to Majors Matrix and currency pairs 00:12 The speaker apologizes for technical issues due to logging in as an attendee without screen control. They quickly move to discuss the 'majors matrix,' referring to major currency pairs including the Australian dollar, euro dollar, Canadian dollar, and New Zealand dollar. 00:40 Visual perspective on currency strength and selling trends 00:40 The speaker explains a visual tool resembling a currency matrix that shows the strength of the US dollar against major currencies. It highlights current market activity, noting strong selling pressure on the British pound and significant buying in the Australian dollar, which is also reflected in the British pound-US dollar...
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To trade the euro you need to understand this first

To trade the euro you need to understand this first

To trade the euro you need to understand this first The euro is a political currency and forex traders often wonder why such a currency moves in the way it does, with today being a classic example. An agreement has supposedly been reached about future policy by the member states, yet the euro has fallen and the answer lies in the bond markets and in particular the bond spreads. It is the spread between the German bond and the Italian bond which will ultimately dictate the future of the euro with Italy now likely to be the next country to leave the union. https://youtu.be/Uk2MxuLRCjI 00:00 Introduction and webinar start delay00:00 The speaker apologizes for the slight delay caused by technical issues with GoToWebinar. They welcome everyone warmly, mention the beautiful weather in Hampshire, and express hope that attendees are enjoying good weather as well. The session is about to begin. 00:33 Trading disclaimer and audience overview 00:33 The speaker begins the webinar by emphasizing the importance of the trading...
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Volume price analysis reveals the truth behind the price action

Volume price analysis reveals the truth behind the price action

Volume price analysis reveals the truth behind the price action Many traders rely on price alone to forecast future direction, yet this is only half the picture, a two dimensional one at best. What volume does is provide a three dimensional view of the chart and what is going on behind the price action. It removes the cloak of secrecy which is used by all the insiders to hide their activity. With volume they cannot hide and as volume traders all we need to do is follow them. Buy when they buy, sell when they sell and stay out when they do - it's that simple. https://youtu.be/OOl83EVD6zA 00:10 Introduction to volume price analysis and sentiment trading 00:10 The speaker discusses a reversal pattern observed on the Canadian pound using a Renko chart and introduces a sentiment trading website featured in a recent Forex webinar. This site offers a free newsletter and numerous sentiment indicators designed for investors. The tagline emphasizes leveraging emotions in trading, highlighting how...
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Discover the power of volume price analysis for yourself

Discover the power of volume price analysis for yourself

Discover the power of volume price analysis for yourself In this video I explain some of the basic principles of the volume price analysis methodology and what it will do for you whether as an intraday trader or longer term investor. https://youtu.be/-WpmQ-BfJho 00:01 Webinar introduction and disclaimer 00:01 The host welcomes attendees to the afternoon webinar, noting the pleasant weather in Hampshire. They express appreciation for the audience's time and introduce their husband David, who is present but not speaking. The host also mentions an upcoming disclaimer before proceeding with the webinar content. 00:31 Session overview and risk warning 00:31 The session begins with a caution about the risks involved in trading, emphasizing not to use money one cannot afford to lose. The presenter acknowledges a mixed audience of forex students, quantum users, and newcomers. The focus of the webinar will be on analyzing charts and reviewing the markets in general. 00:59 Introduction to volume price analysis (VPA) 00:59 This segment introduces volume price analysis (VPA), a methodology that examines price action alongside volume...
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Wow – great trade this morning as London forex session opens

Wow – great trade this morning as London forex session opens

Wow - great trade this morning as London forex session opens A wonderful trade on the GBP/CHF as the London forex session opened and a perfect trend lower with the GBP being sold strongly and the Swiss franc being bought strongly and developing a terrific trend as a result. https://youtu.be/tjKVxrVOtzo 00:11 Introduction and focusing on Pound Swiss 00:11 The speaker begins by apologizing for initially not having their microphone on and expresses hope that everyone can now hear them. They briefly mention Italy, highlighting its fascinating history, beautiful scenery, and excellent food, though noting it is not ideal for business. The focus then shifts to discussing the British pound and Swiss franc for specific reasons. 00:43 Pound weakness and Swiss franc strength 00:43 The discussion focuses on the pound's significant downward movement, highlighting that the pound is strongly oversold while the Swiss franc is strongly overbought. The speaker draws attention to the currency strength indicator, particularly noting the prominence of the green line at the top. They then shift focus...
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Making sense of the euro and how to trade it

Making sense of the euro and how to trade it

Making sense of the euro and how to trade it The single currency of the euro is a political one in every respect as it is one which has no debt union, and an important consideration ahead of this week's ECB meeting. With Italy threatening to be the next country to depart the EU remember the words of Draghi who said the EU would do everything to protect the currency. Will the same apply now? We will see. https://youtu.be/KpNoRp923uM 00:00 Welcome and trading disclaimer 00:00 The host welcomes everyone to the webinar, acknowledging the different time zones of the audience. They emphasize the importance of the trading disclaimer, reminding viewers that trading is risky and they should never use money they cannot afford to lose. 00:28 Attendees and forex market overview 00:28 The speaker welcomes attendees from various groups including students from the ITS program, quantum users, and some first-time participants. They acknowledge the diverse audience and express appreciation for their presence. The session is about to focus on analyzing...
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Discover how to create a currency matrix for the currency majors

Discover how to create a currency matrix for the currency majors

Discover how to create a currency matrix for the currency majors If you don't already have the currency matrix indicator from Quantum Trading, in this video we show you how to create your own using multiple charts for the currency majors and explain how this will help you in your own forex trading using volume price analysis. https://youtu.be/8ETgQUmrHSY 00:11 Introduction to currency matrix tip 00:11 The speaker begins by apologizing for previously forgetting to turn on the microphone and mentions being married happily for a long time. They then introduce a method related to currency matrices, describing a manual approach that involves six major currencies as part of a setup or explanation. 00:46 Overview of major currencies sentiment 00:46 The speaker explains a method of analyzing currency sentiment by examining various currency complexes such as the pound, euro, dollar, New Zealand dollar, and Swiss franc. This approach provides insight into risk sentiment within these groups, allowing one to understand market dynamics across different currency complexes like the majors, yen, euro,...
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