The most dangerous thing to do in trading!
Trading with an opinion is one of the most dangerous things to do in trading, and in this video we explain why. Instead trade what you see on the chart and not what you think!
https://youtu.be/2qtX40Gbd_s
00:01
Introduction and trading disclaimer
00:01
The presenter welcomes viewers from various parts of the world, acknowledging different time zones. They emphasize the importance of the disclaimer on screen, reminding everyone that trading involves significant risks and to never use money they cannot afford to lose.
00:28
Volume price analysis basics
00:28
The speaker introduces volume price analysis (VPA) as a method to interpret charts by examining price action alongside volume to validate market moves. They emphasize the complexity and potential manipulation in trading, highlighting the importance of VPA in gaining an advantage. The concept extends beyond basic principles, hinting at an expanded approach to understanding market behavior.
01:33
Multi-time frame analysis importance
01:33
This segment explains the importance of analyzing support and resistance candle patterns across multiple time frames...
Learn how to trade index futures
In this video, David shows you how to trade index futures in real-time using the Quantum Trading tools and indicators and applying the volume price analysis methodology. It's an interesting session with the NQ Emini once again leading the way higher for the other indices. And of course as always, the US indices send a clear signal for risk on or risk off sentiment for forex traders through the prism of relational analysis.
https://youtu.be/zWclk4LMgS8
00:15
Divergence in YM, NQ, ES indices
00:15
The speaker discusses the current market behavior observed in the YM, NQ, and ES indexes, highlighting frequent divergences among them. There have been strong up days for the NQ, down days for the YM, and mixed movements for the ES. This lack of consistency results in various patterns where one or two indexes move up or down independently, reflecting a complex and unsettled market environment.
01:13
Normal vs current trading conditions
01:13
The speaker explains that the current market is experiencing abnormal...
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...
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...
Using the indicators to set your stop loss levels
Learn how to use the Quantum Trading tools and indicators to set your stop loss levels.
https://youtu.be/obiLdCo3Kt4
00:11
Trading in ranging markets and stop losses
00:11
The speaker discusses the challenges of trading when the market is in a range, highlighting that price action can be choppy and frustrating. Despite these difficulties, short-term trading opportunities still exist, and using levels effectively becomes crucial, especially for managing stop losses.
00:46
Using volume point of control for stops
00:46
This segment explains the concept of setting stop-loss orders using strong support levels, specifically the volume point of control (VPOC). It highlights the advantage of combining price-based support with volume-based support to determine optimal stop placement. The stop-loss is ideally placed just below these support levels to protect against adverse price movements, with examples illustrating multiple instances of price respecting these levels.
01:20
Expecting stop-outs in ranging markets
01:20
The speaker discusses the challenges of trading in ranging markets, emphasizing that traders should expect to be stopped out...
Multiple renko charts and time charts - a powerful combination
Using multiple renko charts alongside time-based charts is a powerful combination - a blend of two different approaches to trading but which when combined provide the best of all worlds. Volume price analysis on the time-based chart and momentum trading on the renko charts.
https://youtu.be/SgECtHuSsJs
00:10
Introduction to YM E-mini Futures and MT5 Differences
00:10
The speaker explains they were busy scanning various markets and introduces the YM, which is the e-mini futures contract similar to what was shown in Ana's MT5 platform. They highlight that the main differences lie in the numerical values and the cost of entering the particular futures contract.
00:52
Futures Trading Costs and Index Price Actions
00:52
Trading futures involves higher costs due to larger contract sizes and increased margin requirements. In contrast, trading futures on the MT5 platform requires significantly less margin, making it an accessible option for those wanting to start trading indices. The speaker demonstrates price action charts for various timeframes, highlighting...
Applying volume price analysis to gold futures on a breakaway
Volume price analysis works in all timeframes and for all instruments and markets and just to prove the point we have an excellent intraday example trading gold futures on the faster timeframes.
https://youtu.be/W9PQFeo71YU
00:11
VIX overview and importance in trading
00:11
The speaker explains their current setup on TradingView, focusing on the VIX (Volatility Index) displayed in various timeframes including one, three, five, and ten minutes. They mention the significance of the VIX rising, implying an increase in market volatility.
00:45
VIX rising means falling indices
00:45
The speaker explains the inverse relationship between the VIX and equity indices: when the VIX rises, indices tend to fall, and vice versa. Recently, a rally in the VIX caused a sell-off in equities, but the VIX has mostly declined throughout the day, leading to a minor reversal in the markets. They emphasize the importance of monitoring the VIX when trading any index or risk asset class, as it provides real-time insight into...
