Tag: TRADING – MTF REVERSAL TRADING trading multiple time frames in forex

More lessons in volume price analysis courtesy of the Aussie yen pair With risk-on sentiment in evidence this morning as the London forex session gets underway, we focus on the Aussie yen pair as a proxy for risk with a steady move higher as US indices rally once more on GLobex. https://youtu.be/6yJEyokY0zI 00:15 Introduction to Aussie Yen and risk sentiment 00:15 The speaker briefly greets the audience and encourages them to explore bond prices and yields on investing.com. They then shift focus to the Aussie Yen currency pair, highlighting its positive movement over various timeframes and emphasizing that the current trends are driven by risk sentiment. 00:44 Risk on vs risk off market dynamics 00:44 The segment explains that financial markets move based on risk sentiment, described as a seesaw between risk-on and risk-off modes. Money flows either toward safe havens or toward higher risk for higher reward, influencing currencies, equities, commodities, and bonds. The speaker highlights monitoring the Aussie yen currency pair alongside the VIX index to observe market...

Some great volume lessons on the EUR/AUD in the breakaway trade from congestion The breakaway trade often gets a bad press due to fakeouts, but if you are a volume trader this is not a problem, as volume reveals the truth behind the price action and therefore whether a move away from the congestion phase is true or false. https://youtu.be/6qIuxT8UO5M 00:11 Introduction to Euro Aussie and Pound pairs 00:11 The speaker discusses their ongoing interest in the Euro/Aussie currency pair, highlighting it as a long-term position. Recently, they have focused more on the British pound and its related pairs, sharing analysis on their Learn Forex Trading page on social media platforms like Amazon and Facebook. They note the pound's strong recent movements and mention the concept of seasonality in currency trading, suggesting that traders might benefit from focusing on a few pairs consistently due to seasonal trends. 01:20 Impact of Brexit and EU summit on Pound 01:20 The discussion focuses on how currencies are influenced by political events, highlighting Brexit...