Tag: renko charts forex

Looking to enter a price waterfall? This is a classic candle Looking to enter a a price waterfall? This is a classic candle to watch out for in this move. https://youtu.be/r3UsEEPlIR8 00:19 Microphone and audio issues resolved 00:19 The speaker confirms their microphone is working and greets the audience multiple times. They express uncertainty about a previous technical issue, noting that the screen was visible to some but there was no audio. The speaker thanks everyone warmly for their participation. 00:48 Starting analysis with multiple CSIs 00:48 The speaker notes a technical oddity where the microphone icon disappeared from the chat, emphasizing it was likely not caused by their actions. They express a lighthearted frustration with technology before shifting focus to discussing multiple CSI intervals, mentioning having them set at three, five, ten, and fifteen minutes. 01:18 Strong selling on British pound 01:18 The current market shows strong selling pressure on the British pound, indicated by a significant drop in the yellow line. There is also notable selling activity elsewhere, presenting multiple reversal opportunities....

Watch out for big moves ahead of the London open for forex markets https://youtu.be/FuUgaD6b4ds 00:01 Introduction and disclaimer 00:01 The speaker begins by checking audio connectivity with the audience through the chat box. After a brief technical hiccup with the headset, the webinar officially starts with a welcome message. The speaker then draws attention to the disclaimer displayed on the screen, noting the inherent risks involved in training. 00:29 Overview of market conditions and pound aussie 00:29 The speaker advises against using money one cannot afford to lose and introduces the webinar's content. They highlight recent significant price action in the Pound versus the Australian Dollar, noting important market divergences and shifts in sentiment and risk perception. The discussion points to an inflection point in broader market dynamics, emphasizing the relevance for those familiar with the program. The segment concludes by focusing on the upcoming London market open and the notable price movements observed in this currency pair. 01:37 Volume price analysis and session crossovers 01:37 The speaker introduces the methodology of volume...

Using non-time-based charts to see inside the price action https://youtu.be/OsdlTIdSVy0 00:14 Volatility and volume pickup 00:14 The speaker apologizes for a delay and focuses on analyzing the current market situation. They note the presence of volatility and a volatility trigger, indicating potential congestion with either a reversal or continuation within the range of a specific candle. Additionally, a volume increase is observed shortly after 8:01. 00:45 Staying with the trend and managing emotion 00:45 The speaker emphasizes the importance of staying with the trend in trading and managing emotions after securing a profitable position. They highlight the challenge of maximizing potential gains while being cautious during crossover periods, specifically referencing the European market opening and the London session starting. 01:16 Trend dots and trend monitor indicators 01:16 The segment explains the interaction between two trading indicators: trend dots and the trend monitor. Trend dots change color first, signaling phases where a trend is slowing down, transitioning into congestion (gray), or potentially reversing. In contrast, the trend monitor provides a more considered, longer-term view...

Discover what forex trading approach suits you best https://youtu.be/ZMz3llNBkeY 00:11 Deciding your tactical market approach 00:11 The speaker apologizes for moving the chat box and discusses the importance of determining a tactical approach to the market. They emphasize the need to choose strategies based on both market conditions and individual personality or trading strengths, using the CSI as a reference point. 00:58 Importance of trading psychology 00:58 The video emphasizes starting with the psychology module in the program to understand personal traits such as patience and risk tolerance. It explains the importance of knowing whether you prefer taking on more risk for potentially higher rewards or adopting a more cautious approach with lower risk and reward. This understanding influences the timing and strategy of your tactical approach. 01:30 Trading re-entry on trends 01:30 This segment explains the concept of trading by entering an already established trend. It emphasizes the strategy of looking for reentry points, likening it to hopping onto a moving train that has already left the station, rather than trying to...