Tag: trading education

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...

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...

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...

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...

Trade futures using Renko and time charts on NinjaTrader Using renko charts in combination with time-based charts is a terrific way to trade futures. This blends the advantages of a time-based chart and the application of the volume price analysis methodology with using a non time-based chart such as renko which not only reveals momentum but also smoothes the price action. Finally, using them in multiple timeframes makes this approach even more powerful. https://youtu.be/t14k-qi7i54 00:10 Overview of Renko and volume analysis 00:10 The speaker provides an overview of the current status on the YM (likely a market index or chart), noting progress through a specific region and breaking away from volume pointing controls. Despite a pause point, low volume at the top suggests a favorable setup for a potential rally higher. The trend monitor remains consistently positive, indicated by a blue color throughout. 00:43 Introduction to Renko optimizer tool 00:43 The speaker encourages not to hesitate in joining ongoing trends and demonstrates using Renko charts across different time zones. They...

Trading the YM Emini with confidence Learn how to trade Emini futures with confidence using the Quantum Trading tools and indicators. This is from yesterday's US futures trading session and for the YM Emini which is the futures contract for the Dow 30 cash index. https://youtu.be/0SR7g-k8Gss 00:12 Introduction to daily chart and volume analysis 00:12 The speaker begins by checking audio and engaging the audience through a chat prompt. They then focus on analyzing a daily trading chart, highlighting the candlestick's lower wick, which indicates price movements and volume. By activating the volume indicator, they observe significant volume activity and note a sharp intraday reversal. This reversal suggests potential for further buying momentum and a possible upward price movement, relevant for both intraday and longer-term traders. 01:18 Market reaction to bad news and resilience 01:18 The markets have been heavily impacted by numerous negative news reports, but they are gradually becoming desensitized to such information. Despite grim economic indicators like employment figures, the expected market collapse has not occurred. This...