Discover how to trade index futures using a combination of charts
In this portion of the webclass we show you how to trade index futures using a combination of charrting techniques and also in multiple timeframes. Renko charts on their own are powerful as they smooth out the price action and also reveal momentum, but when using with time based charts, this gives us the best of both worlds with volume price analysis.
https://youtu.be/bhOE6Q4AZI4
00:13
Switching to NQ index and currency strength
00:13
The speaker explains their shift from trading oil to focusing on the NQ index due to recent market movement. They highlight the use of a currency strength indicator, noting that the yen has been fluctuating between selling and buying, indicating market indecision. The speaker also describes using Renko charts set to different time frames (15 seconds, 30 seconds, and one minute) through a Renko optimizer tool that allows customization to match specific time frames.
01:12
Renko optimizer and brick size explanation
01:12
The video explains how to...
Following the release of Chinese data market sentiment is mixed!
As always with Chinese data we need to take any figures with a 'pinch of salt' and on this occasion markets have mixed views as we see some divergence in risk sentiment across the asset classes.
https://youtu.be/ABAGHm4-Yi0
00:11
Chinese manufacturing PMI overview
00:11
The speaker apologizes for computer problems and briefly introduces Chinese economic data, focusing on the manufacturing and non-manufacturing PMI figures. They explain that a PMI above 50 is positive, indicating expansion in the sector.
00:52
China's economic recovery signals
00:52
The speaker discusses the economy's progress despite challenges posed by the virus. There has been a noticeable rebound in China, and overall economic indicators are steady, suggesting a potential recovery in the global economy. The Australian market, as represented by the CSI and the Aussie, had been rising, reflecting optimism in the indices.
01:32
US indices and market sentiment
01:32
The Nasdaq has been performing strongly and leading the market. The speaker highlights the importance of analyzing related markets, specifically US...
Learn how to scalp index futures in congested markets
When markets are in congestion, you have two options. Trade or sit on the sidelines and wait for a trend to develop. But if you are going to trade, you have to move to the faster timeframes and scalp, and in this vidoe we show you how.
https://youtu.be/PLDnyuw1noA
00:16
Introduction and market overview
00:16
The speaker addresses technical issues with audio and explains differences in trading conditions between today and yesterday. Yesterday was characterized as a 'big money day,' marked by a perfect alignment of market factors that created clear momentum and direction, primarily bearish. The session saw a late recovery but was overall straightforward in terms of market sentiment and trading strategy.
01:20
YM daily chart and volatility range
01:20
The speaker discusses recent market movements across various asset classes, noting that most risk markets moved in the same direction. They highlight a significant down day for the YM (Dow futures) on the daily chart, although not as large as...
Trading gold futures and a breakout trade
In this session from the online webclass, we take a look at gold which is now testing the $1800 per ounce level then move to the fast timeframes to consider a breakout trade.
https://youtu.be/qjWykb-P0IU
00:16
Trading gold on two-minute chart
00:16
The speaker discusses analyzing the Gold two-minute chart to identify breakaway opportunities in congested markets. They emphasize the importance of spotting these moments to successfully trade in such market conditions.
00:55
Challenges of trading congestion
00:55
The speaker discusses the challenges and strategies involved in trading fast timeframes, particularly during periods of market congestion. Many traders are uncomfortable with such fast-paced conditions, but it is possible to trade effectively by being quick and agile, employing a grab-and-tag approach—entering and exiting positions rapidly. Success in this style depends on the trader's preference and ability to act swiftly.
01:25
Gold daily chart technical levels
01:25
The speaker discusses the current bullish outlook on gold, emphasizing a strong technical level around 1740 an ounce that was recently breached. The...
Wyckoff's laws from trend to congestion and back again
Whatever timeframe you are trading, Wyckoff's laws apply, and in this video, I explain how the three rules cycle from congestion to trend and back again.
https://youtu.be/9cXJ892ZHv4
00:00
Introduction and webinar disclaimer
00:00
The presenter welcomes everyone to the webinar, noting that the recording has just started. They remind viewers about the trading disclaimer, emphasizing the risks involved and advising not to trade with money that cannot be afforded to lose. The session will focus on analyzing charts.
00:31
Overview of volume price analysis (VPA)
00:31
The speaker introduces the topic of volume price analysis, explaining that the session will review various charts using this methodology. They mention a book available on Amazon that thoroughly explains the approach, focusing on understanding the relationship between price and volume to interpret current market conditions and predict future price movements.
01:02
Companion book and proprietary indicators
01:02
The speaker introduces a companion book that illustrates their methodology through 200 worked annotated examples covering various time frames, mainly focused...
The most important index of all on TradingView
For intraday traders, the VIX is the most important indicator of all as it reveals sentiment through the prism of options, puts and calls.
https://youtu.be/VWzE_xdPlHQ
00:17
Introduction to VIX and daily chart analysis
00:17
The speaker demonstrates how to pull over and display the VIX indicator on a chart. They attempt to switch between different screen views and chart arrays, apologizing for some mistakes along the way. The focus shifts to examining the daily chart of the VIX to better understand its current position.
00:55
VIX declining slower than equities rising
00:55
The discussion focuses on the behavior of the VIX index, highlighting a disconnect between the VIX and equity markets. While equities surged higher, the VIX was declining from recent highs but not as quickly as expected. Normally, when equities rise steadily, the VIX remains low, around 10 to 12, reflecting a natural resting state indicating increasing risk appetite and market complacency. The segment explains this dynamic and the unusual pattern...
Using Renko chart patterns in forex
In this video, David looks at how using tick and renko charts can help to determine momentum and trader participation.
https://www.youtube.com/watch?v=cUc-6BRnceQ
00:10
Introduction to Renko charts
00:10
The speaker introduces non-time-based charts, specifically Renko charts, using the CAD/JPY currency pair as an example. They explain that the principles remain consistent across different time scales, including 15-second, 30-second, and one-minute intervals. The speaker also demonstrates how to verify the speed and appropriate brick size settings for trading on these charts.
00:37
Optimal brick size for CAD/JPY
00:37
The speaker demonstrates adjusting timing settings, moving through 15-second, 30-second, and 1-minute intervals to deliver an optimal brick size for CAD. This optimal setting is dynamic and changes throughout the session to maintain efficiency.
01:15
Trading without guesswork with Renko
01:15
The segment explains that using the indicator eliminates guesswork by automatically determining what to trade, allowing trading in harmony with the market's speed. It highlights the benefits of combining Renko charts with time-based charts, where the time-based chart provides comprehensive information...
Silver futures deliver some classic volume price analysis lessons
More lessons in volume price analysis using silver futures.
https://youtu.be/EaAnGfTIgLo
00:16
Introduction to volume price analysis
00:16
The speaker begins by ensuring the audience can see the screen and moves the chat interface out of the way. They introduce a silver chart to illustrate key points about volume price analysis. Emphasis is placed on recognizing signals within any chart or timeframe and the importance of patience in allowing those signals to fully develop.
00:47
Silver futures trap move explained
00:47
The speaker discusses silver futures, highlighting a trap move occurring at 1:00 PM UK time, which coincides with the opening of the US cash markets. This time brings increased volume and volatility, demonstrated by a significant trigger and notable volume, characterizing the move as volatile.
01:16
Volatility trigger and reversal
01:16
The volatility trigger appears on the candle in real time, causing many traders to enter the market out of fear of missing out. This often leads to them being caught in a reversal as...
Getting started with volume price analysis
Discover the foundational elements of volume price analysis.
https://youtu.be/tWzFRuBShP4
00:02
Introduction and trading disclaimer
00:02
The webinar begins with an introduction to day trading, focusing on the U.S. session, Forex market, indices, and commodities. The presenter emphasizes the importance of the disclaimer about the risks involved in trading, urging viewers never to use money they cannot afford to lose. This caution is repeated to highlight the serious nature of trading. Newcomers to the session are welcomed, and the agenda for the webinar is briefly outlined.
01:07
Overview of volume price analysis
01:07
The speaker introduces the focus on various markets, primarily indices, with some Forex analysis for specific reasons. The methodology used throughout is volume price analysis, a technique developed over 20 years ago by the speaker and David. They reference a detailed book available on Amazon that thoroughly covers this methodology. Many webinar attendees have purchased the book, specialized software, or joined their Forex program. The book serves as a comprehensive guide to...
Average true range and the power of the volatility indicator
The volatility indicator works in all timeframes and instruments, and here we see it on the 30-minute chart for the GC gold futures contract.
https://youtu.be/zk_zhpHzWmA
0:12
Introduction to volatility indicator on gold
00:12
The speaker begins by clearing the screen and inviting any questions before transitioning to discuss gold. They highlight a recent significant movement in gold prices and introduce the volatility indicator, emphasizing its simplicity and effectiveness. The speaker plans to demonstrate its power using two examples, starting with the thirty-minute timeframe.
00:50
Using volatility trigger to manage positions
00:50
The speaker explains their strategy of closing out most of a profitable position when a volatility trigger occurs, regardless of the time frame. They emphasize the importance of taking some profit off the table to avoid the uncertainty following the indicator, which is based on average true range and triggers in real time.
01:22
Volatility signals insider participation
01:22
The speaker explains that when price action moves outside the average true range, it...
