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,...
Plenty of trading opportunities this morning in the forex markets
https://youtu.be/YSnxi13pA10
00:10
Introduction and oil market overview
00:10
The speaker greets the audience and adjusts audio settings, ensuring the volume is appropriate. They mention following the CAD Yin since early morning while monitoring screens.
00:50
Commodity currencies and volume analysis
00:50
The speaker discusses various time intervals used in chart analysis, including three, five, ten, fifteen, thirty minutes, and the daily chart. They highlight the significance of these intervals in understanding recent movements in commodity currencies, such as the Canadian dollar's upward trend. The speaker also mentions volume changes, noting a decrease in volume that affects the analysis.
01:19
Market moves and volatility triggers
01:19
The segment explains the power of volume price analysis and understanding related markets. It highlights recent strong moves in commodity currencies, which surged before pausing and starting to decline, particularly the Australian dollar. The analysis points to significant volume driving price movement, with volatility and velocity triggers indicating heavy selling pressure. The market is now shifting sideways with...
Focusing on the EUR/AUD in the London forex session and volume price analysis
In this video, Anna focuses on the EUR/AUD pair as the London forex session gets into full swing, applying Wyckoff principles, particularly effort and result, one of Wyckoff’s three laws. This is the third law, which in simple terms means price and volume. The effort is the volume, and the result is the price action, and whether this is in agreement with the volume or in disagreement. An anomaly in other words. Volume price analysis reveals the truth behind the price action.
https://youtu.be/ePi8SxUJgrE
00:10
Introduction to Euro Aussie Renko analysis
00:10
The speaker discusses analysing the Euro-Aussie market using two platforms: MT5 with Renko charts and NinjaTrader with multiple timeframes (60, 15, 10, and 3 minutes). They highlight observing Wyckoff patterns, especially the effort and result principle, which indicates that the current market move is unlikely to continue much longer. The market is described as very volatile with spiky, whipsaw price action, characterised...
Analysis of a trend on the GBP/JPY 10 minute chart
An analysis of the ten minute chart for the GBP/JPY currency pair using volume price analysis and the Wyckoff methodology.
https://youtu.be/V_6eTRlpyhc
00:09
MT4 vs MT5 chart flexibility and platforms
00:09
The speaker discusses the flexibility of MT4 and MT5 platforms compared to NinjaTrader. MT5 offers more time frames than MT4, but these are only time-based charts without tick or second charts. Users are limited to what the platform provides unless they switch to platforms like NinjaTrader, which offer more features. The speaker also mentions upcoming integration with TradeStation for futures trading and explains that on MT platforms, futures contracts such as the VIX are synthetic versions rather than actual contracts.
01:18
Trading cash indices vs futures contracts
01:18
The UK 100 cash index is discussed as a popular market among traders, including forex traders, who appreciate access to diverse markets. The US 30 cash index, equivalent to the Dow Jones, is also mentioned, noting that its values closely track both...
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...
Weak AUD/JPY signals return to risk off
It's been a day of weakness for the Aussie yen as risk-on sentiment evaporated once more, with markets remaining fragile and nervous as each day reveals fresh news on the current virus sweeping the globe. As a barometer of risk the AUD/JPY is always one currency pair that reveals this sentiment clearly, with the Aussie dollar considered a risk currency and the Japanese yen a safe haven. This weakness was signaled earlier in the week with the failed effort to rise on high volume and now followed by a bearish engulfing candle.
AUD/JPY: The Ultimate Risk Sentiment Barometer in Forex Markets
The AUD/JPY currency pair is one of the most widely watched "risk-on/risk-off" indicators in the forex world. Often called the "risk barometer" or "carry trade proxy," AUD/JPY moves in near-perfect alignment with global risk appetite. When investors feel optimistic and are willing to take on risk, AUD/JPY rises sharply. When fear returns and risk aversion...
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...