Using tick and renko charts to trade in markets moving sideways.
https://youtu.be/MiXKDQTL_3s
00:00
Introduction and forex webinar overview
00:00
The webinar opens with a welcome to participants and an introduction by the hosts. They explain that while the primary focus will be on the forex market, the discussion will also cover related market factors since financial markets are interconnected and influenced by multiple external elements.
00:34
Trading disclaimer and attendee welcome
00:34
The speaker begins by highlighting the importance of a disclaimer displayed on screen, emphasizing that trading is risky and advising viewers not to use money they cannot afford to lose. They also note reviewing the list of attendees, recognizing some familiar names but also many new ones, and apologizing if any returning participants were not initially recognized.
01:03
Volume price analysis methodology explained
01:03
The speaker introduces a methodology called volume price analysis, which they and David have developed and used for many years. This approach, explained in their books on Amazon, focuses on the relationship between price action and volume,...
A big month for stock traders...... and with the Santa Claus rally as well
It's going to be an interesting end to the year for stock traders and investors and not just because of the Santa Claus rally. There are plenty of other events which are likely to make December one of the most interesting ends to a trading year for some time.
https://youtu.be/6Xgm8g1R5Ss
00:00
Introduction and webinar overview
00:00
The webinar begins with a welcome to attendees from the UK, North America, and other parts of the world. The focus will be on the North American market, primarily the U.S., examining various indices and stocks. The presenter notes it's the first day of the new month and highlights the many topics and charts to be discussed. A standard disclaimer about the risks of trading and the importance of only using money one can afford to lose is also given before starting the analysis.
01:01
Volume Price Analysis basics
01:01
The speaker explains volume price analysis (VPA), which examines price...
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...
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...
What a signal!! Such a straightforward trade on the WTI futures using volume price analysis
Volume signals don't come much better than this in the afternoon trading session for US futures, with the stopping volume clear for all to see!
https://youtu.be/B4Qj9bUrvgU
00:12
Introduction and oil market overview
00:12
The speaker begins by confirming their microphone is now on and interacts briefly with the audience. They indicate their intention to start with an oil example, describing it as a straightforward, fundamental case for illustrating VPN (Value at Risk) concepts.
00:48
Oil price plunge and recovery analysis
00:48
The segment discusses a significant plunge in oil prices, dropping to just above $38 per barrel before rebounding to around $40.20 for the September contract. The speaker highlights this as a classic example of a volatility price pattern (VPN) and describes it as a clear, strong buying signal that is hard to miss. The analysis includes observing a price waterfall effect, with a crash below the volume point of control followed by initial signs...
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...
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...
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...
How to use the renko optimizer indicator for NinjaTrader to day trade emini futures
Trading index futures using non time based charts is a great approach as it smoothes out the price action, but here we blend this approach using multiple charts and with time charts also.
https://youtu.be/HhY-z-Js5X0
00:12
Introduction to Renko workspace
00:12
The speaker has switched to the Renko workspace, which combines non-time-based and time-based charts. This methodology blends different chart types, focusing on analyzing market data beyond traditional time constraints. The speaker also adjusts the interface by moving the chat box out of the way to better view the charts.
00:47
Setting 15-second time frames for indices
00:47
The speaker discusses monitoring three indices—YM, NQ, and ES—all set to a 15-second interval, which is a fast timeframe. They demonstrate aligning the Renko chart's timeframe to 15 seconds to match the time-based charts for consistency. This alignment helps identify the optimal Renko brick size for trading the YM index on a 15-second chart.
01:21
Renko optimizer and brick size explained
01:21
The...
A visual representation of the trading pit using tick data on index futures
In this video, we explain how to use the tick speedometer indicator to reveal the trading activity or participation.
https://youtu.be/zMYK-do5qh8
00:11
Current market indices overview
00:57
Possible slowdown and market congestion
00:57
The speaker discusses a potential slowdown in the current bullish market trend, suggesting possible congestion, a pullback, or even a full reversal. The analysis focuses on intraday movements using five-minute charts of three key US indices: the YM (Dow Jones), the NQ (Nasdaq), and the ES (S&P 500). The visuals include these indices displayed on the top line for comparative analysis.
01:30
Market participation and activity levels
01:30
The six pedometer indicator provides insight into market participation and activity levels by showing color-coded signals: red indicates low activity and sluggish markets, orange represents average activity, and green highlights high activity. This helps traders gauge market liveliness and volume trends. The indicator can be applied across different timeframes, with orange being the typical norm punctuated by occasional green...
