Discover how to arrive at the correct settings for your tick or renko charts on NinjaTrader

Discover how to arrive at the correct settings for your tick or renko charts on NinjaTrader

Discover how to arrive at the correct settings for your tick or renko charts on NinjaTrader In this video taken from the live webclass, we explain the importance of trading using non time based charts, and how to arrive at the correct settings for your tick or renko charts on NinjaTrader. And see the trade develop as the NQ emini sells of delivering an excellent trade to the short side as a result. https://youtu.be/ot5QxqwmrWM 00:14 Introduction and audio issues 00:14 The speaker checks audio connectivity, mentioning that Anna's microphone is off due to a stormy environment affecting the connection. The speaker confirms if others can hear them and prepares to begin the session. 00:44 Overview of US markets price action 00:44 The speaker examines the three major US stock market indices—Dow (YM), Nasdaq (NQ), and S&P 500 (ES)—noting minimal price movement overall. The Dow is essentially flat, with only a tiny amount of price action visible, described as an 'eyelash' of movement. The Nasdaq has been moving higher and has...
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Discover the power of the renko chart for trading forex

Discover the power of the renko chart for trading forex

Discover the power of the renko chart for trading forex In this part of the forex trading session I show you how to trade forex using the renko chart on the NinjaTrader platform. And in addition, you will discover the importance of using the trend monitor and trends indicators using this approach. https://youtu.be/37uQVAhYhvQ 00:13 Pound Aussie market awaiting Andrew Bailey press conference00:13 The discussion focuses on the Pound to Aussie currency pair, highlighting a period of congestion following a move higher after the Bank of England announcement and the London market opening. Despite anticipation, Andrew Bailey's press conference at 12:30 did not generate significant volatility, and price action remained subdued. 00:47 Congestion phase and volume decline in Pound Aussie 00:47 The discussion focuses on the behavior of the pound and the Australian dollar, noting that both were overextended but moving in the same direction, leading to market congestion. This congestion caused trading volume to decrease, resulting in a lack of momentum to push price movements decisively. The pound was...
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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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Discover the power of the Camarilla Levels indicator for NinjaTrader on the NQ emini

Discover the power of the Camarilla Levels indicator for NinjaTrader on the NQ emini

Discover the power of the Camarilla Levels indicator for NinjaTrader on the NQ emini In this video, I demonstrate the power of the Camarilla levels indicator on NinjaTrader and in particular with regard to the Nasdaq NQ Emini futures contract which continues to lead the other US markets higher, but for how much longer? https://youtu.be/-7HbhFndaM0 00:10 Focus on Camarillo Levels for Trading 00:10 The speaker begins by referencing David's analysis focusing on the 'yank you' levels, explaining that while David doesn't display these levels on his chart, it’s not due to a lack of usage. Instead, the speaker emphasizes a preference for using Camarillo levels, which they have developed for trading and can be applied across various markets. The current struggle of the NQ market is attributed to these specific intraday levels. 00:47 Index Struggles at S4 Level 00:47 The speaker discusses price behavior around the fourth support level (S4) on a 10-minute chart, noting that the price often struggles at this level. It typically tests, breaks through, and then...
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Learn to trade forex using renko charts on MT5

Learn to trade forex using renko charts on MT5

Learn to trade forex using renko charts on MT5 In this video during the London forex session, we explain how to use the renko indicator for MT5 to trade using non time based charts which reveal momentum. https://youtu.be/4JdN7BbWpp0 00:11 Using multiple time frames for cable analysis 00:11 The speaker explains their approach to using multiple time frames for trading analysis on the Ninja platform. They primarily use a 10-minute chart combined with 3-minute and hourly charts, along with daily charts, to understand candle configurations and whether a trading pair is consolidating or trending on slower time frames. The 10-minute chart is preferred for its effectiveness, though alternatives like 15-minute or 5-minute charts are suggested for platforms like MT4 or MT5. They observe recent price action, noting that the pound has been selling, with notable movement around 7:30 leading up to the London market open. 01:26 Price action near London open and currency flows 01:26 The segment discusses currency market behavior leading up to the London open, focusing on the British...
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Markets move on sentiment and risk – here’s how to trade it using renko charts

Markets move on sentiment and risk – here’s how to trade it using renko charts

Markets move on sentiment and risk - here's how to trade it using renko charts Using the renko optimizer indicator for NinjaTrader in combination with time-based charts is a powerful way to trade. It blends the volume price analysis methodology with the benefits of trading a non time-based chart such as renko which reveals moment as risk sentiment ebbs and flows. https://youtu.be/2TapALMqzF0 00:12 Renko charts and futures sentiment overview 00:12 The speaker discusses using Renko charts focused on US futures markets like YM, NQ, and ES on a 5-minute timeframe, highlighting strong selling pressure reflected in red candles. They emphasize that this selling indicates market sentiment and mention monitoring the time and sales window for large trades. The discussion then shifts to currency pairs, specifically the Aussie Yen and the Yen, with the speaker navigating between charts to analyze multiple Renko setups. 01:15 Multiple Renko time frames explained 01:15 The speaker discusses currency pairs, focusing on the pound and Swiss franc, noting that the pound may reverse if it moves...
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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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How to isolate currency pairs using two of the Quantum trading indicators

How to isolate currency pairs using two of the Quantum trading indicators

How to isolate currency pairs using two of the Quantum trading indicators In this video we show you how to isolate currency pairs using two of the Quantum trading indicators. The two indicators are the currency strength indicator and the currency matrix indicator and here we are using them on the MT5 platform. https://youtu.be/_G4X9POpRvI 00:10 Introduction to Forex trading indicator 00:10 The speaker reflects on tuning out earlier and then discusses returning to the topic of selecting and scanning for trading opportunities in Forex. They mention that some viewers may be familiar with their indicators, but for newcomers, the tool is designed to highlight potential trades. The speaker personally focuses on the British Pound and its currency pairs when using this tool. 00:46 Currency strength indicator overview 00:46 The dashboard features a currency strength indicator that breaks down the market into individual currencies. Each line represents a different currency and shows their recent movements. For example, the British Pound experienced a notable rise on the hourly chart earlier, followed by...
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Learn how to scalp index futures on the NinjaTrader platform using the renko optimizer

Learn how to scalp index futures on the NinjaTrader platform using the renko optimizer

Learn how to scalp index futures on the NinjaTrader platform using the renko optimizer In this video you will discover how to scalp emini index futures on the NinjaTrader platform using multiple versions of the renko optimizer indicator. It is a powerful approach and when used in conjunction with the equivalent time based charts also gives you the option to apply volume price analysis to the trading decisions. https://youtu.be/rXbHGiKo1Vo 00:11 Using Renko with multiple time frames 00:11 The speaker explains the use of multiple time frames in trading by combining Renko charts with time-based charts. They highlight the transition from a congestion and volatility phase to analyzing Renko charts as an additional tool, emphasizing the benefit of blending multiple Renko charts across different time frames to better apply volume and price analysis. 00:40 Advantages of Renko over time charts 00:40 The speaker discusses the benefits of using Renko charts for trading, highlighting that unlike time-based charts, Renko charts focus on momentum and smooth out congested price action by using bricks...
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All eyes on the Aussie dollar following the overnight RBA statement

All eyes on the Aussie dollar following the overnight RBA statement

All eyes on the Aussie dollar following the overnight RBA statement As the London forex session gets underway it's all eyes on the Aussie dollar following the RBA statement and rate decision, and across the Aussie complex, with a nice move lower developing on the AUD/USD. https://youtu.be/Cuf7RWPHXPk 00:12 Introduction to currency matrix and indicators 00:12 The discussion begins by revisiting insights related to the Australian dollar (Aussie) and the cable (GBP/USD) currency pairs, with a focus on recent developments involving the pound and Aussie. Attention is drawn to a currency matrix indicator, explaining that higher values on this indicator suggest strong and favorable moves in currency pairs. Despite notable market movements, the hourly chart for the pound shows relatively low indicator values, which is a key observation in assessing the strength of these moves. 01:32 Upgrading indicator with average value system 01:32 The speaker discusses plans to upgrade a system by adding indicators that classify extreme values as average, below average, or above average for a given time frame. Additionally,...
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