Learn how to trade session crossovers using volume price analysis

Learn how to trade session crossovers using volume price analysis

Learn how to trade session crossovers using volume price analysis Session crossovers occur each day at the same time in the forex market and provide another perfect opportunity for market makers to play tricks on unsuspecting traders. These are the points at which one major trading centre opens, taking over from another or joining it. In either case, these are times when you may see changes or pauses in the trend, and whilst the forex market trades on a twenty-four-hour basis, the sessions then break down into four-hour cycles. So when a strong trend develops in London, for example, it often weakens or reverses as the US session begins, as was the case here. All confirmed by volume-price analysis. https://youtu.be/8mRH8f2bvjg 00:00 Trading disclaimer and risk warning 00:00 The speaker apologizes for a minor delay and introduces the session by emphasizing the importance of the disclaimer. They warn viewers about the risks of trading, especially when using leverage, and strongly advise against risking money one cannot afford...
Read More
How to enter a trend once it is underway

How to enter a trend once it is underway

How to enter a trend once it is underway In this video from the forex webclass we explain how to enter a trend once it is underway and using multiple timeframes. The problem many forex traders have is deciding when to enter a trend, fearful they are simply chasing price. But if you apply multiple timeframe analysis and using the Quantum Trading indicators, in particular the trends and trend monitor indicators, you will have a clear insight into when the trend is pausing or reversing, or whether it is set to continue. https://youtu.be/wjSGt-Ds7NU 00:10 Introduction and session crossover impact 00:10 The speaker explains the choice of analyzing the Pound-Canadian Dollar (Pound CAD) currency pair due to its behavior at the London market open and session crossovers. They mention using multiple time frames and highlight that NinjaTrader shows local time, making it easier to track market activity. The initial move shows a downward trend before the London market opens, followed by strong buying in the pound. 01:17 The speaker...
Read More
How to read the chart using multiple timeframes

How to read the chart using multiple timeframes

How to read the chart using multiple timeframes https://youtu.be/O0Qpm9I_bHY 00:02 Introduction and webinar start delay 00:02 The speaker welcomes everyone to the London Forest webinar and thanks them for their patience due to a slightly delayed start caused by waiting for someone to arrive at the house. They explain the need to pause briefly to allow access to the garden before proceeding with the session. 00:34 Forex market overview and disclaimer 00:34 The speaker introduces a discussion about the forex market and upcoming chart analysis. A disclaimer is presented, emphasizing the risks of trading and advising viewers not to use money they cannot afford to lose. The speaker also acknowledges new viewers and briefly mentions reviewing a list related to the audience. 01:01 Volume Price Analysis methodology 01:01 The speaker introduces the session focused on volume price analysis, a method that examines both price action and trading volume to validate market movements. This approach is detailed further in their published books. Beyond technical analysis, the speaker emphasizes the importance of considering fundamental news...
Read More
Congestion phases – the most important price action on the chart

Congestion phases – the most important price action on the chart

Congestion phases - the most important price action on the chart Congestion phases are the most important part of any price chart since this is where trends are born, and to succeed all we have to do is be patient and wait for them to break away. This is where volume steps in to confirm the trend away. https://youtu.be/J8UM_9HCQvA 00:02 COT data for Euro on UK Investing.com 00:02 The speaker has located the URL for the Commitment of Traders (COT) data on the UK version of investing.com, specifically for the euro. They explain how to access the euro speculative positions data on the site, noting that the speculative positions have risen to 180.6, which is a notably high level historically. 00:46 Bundesbank court case and Euro politics 00:46 The speaker reflects on a significant peak that has been reached, noting it as the highest so far. They provide an update on the Bundesbank situation, mentioning that all issues have been resolved quietly without much public fuss. The discussion highlights the...
Read More
Volume price analysis reveals the truth behind the price action

Volume price analysis reveals the truth behind the price action

Volume price analysis reveals the truth behind the price action Many traders rely on price alone to forecast future direction, yet this is only half the picture, a two dimensional one at best. What volume does is provide a three dimensional view of the chart and what is going on behind the price action. It removes the cloak of secrecy which is used by all the insiders to hide their activity. With volume they cannot hide and as volume traders all we need to do is follow them. Buy when they buy, sell when they sell and stay out when they do - it's that simple. https://youtu.be/OOl83EVD6zA 00:10 Introduction to volume price analysis and sentiment trading 00:10 The speaker discusses a reversal pattern observed on the Canadian pound using a Renko chart and introduces a sentiment trading website featured in a recent Forex webinar. This site offers a free newsletter and numerous sentiment indicators designed for investors. The tagline emphasizes leveraging emotions in trading, highlighting how...
Read More
One of the fundamental planks of any trading approach

One of the fundamental planks of any trading approach

One of the fundamental planks of any trading approach One of the fundamental planks of any trading approach is in using multiple timeframes as this gives a view across the time window from the fastest to the slowest, and identifies changes in trend which occur in the fastest timeframe and then ripple through to the slowest. In this example we focus on the spot forex market and the GBP/USD currency pair. https://youtu.be/77GKpmS3NFo 00:11 Introduction to trading instruments and focus 00:11 The speaker discusses the challenge traders face in selecting currencies and currency pairs, especially in Forex where there are many options. They explain that traders in other markets, like indices or commodities, often focus on just one or two instruments they know well, which simplifies their trading decisions. In contrast, Forex and stocks offer a wide variety, making it harder for beginners to decide where to start. 01:15 Volatility and multi-timeframe analysis 01:15 The speaker discusses their approach to the forex market, emphasizing the importance of understanding volatility. They reference...
Read More
Trading from congestion phases and the stop loss

Trading from congestion phases and the stop loss

Trading from congestion phases and the stop loss In this session from the online webclass David explains why congestion phases offer excellent trading opportunities and also provide clear levels for any stop loss positioning and management. https://youtu.be/1y-ViuqFmPM 00:12 Currency indices and market congestion overview 00:12 The discussion begins with an overview of the current market conditions, highlighting significant congestion in various currency indices. The yen is gently declining with no strong momentum, while the dollar shows erratic movement without a clear trend. The euro and pound also exhibit congestion. The overall sentiment suggests some emerging risk appetite, but the market remains generally indecisive. The focus is on the congested state of currency futures and indices, indicating a lack of clear directional movement. 01:08 Currency futures and dollar perspective explained 01:08 The speaker explains the focus on the US dollar as the base for currency futures, highlighting several currency pairs including the Australian dollar (6A), the British pound (cable), the Canadian dollar (CAD), and the euro (6O). These pairs are shown...
Read More
Where to start trading Emini’s? How about the micro futures?

Where to start trading Emini’s? How about the micro futures?

Where to start trading Emini's? How about the micro futures? If you're new to index trading, the Emini micro futures contracts from the CME are a great place to start. https://youtu.be/uTHIgtFrx0g 00:11 Introduction to micro contracts for indices 00:11 The speaker introduces the use of tick charts for trading futures, specifically focusing on a micro contract for indices called the MES. This contract is one-tenth the size of standard contracts like the ES, YM, or NQ, making it a smaller and lower-risk option. The MES operates on the same principles as larger contracts but features lower tick activity, providing a more accessible entry point for traders. It was launched by the CME last year and is available across various contracts. 01:25 Liquidity and popularity of micro contracts 01:25 The speaker discusses the popularity and liquidity of micro contracts in currency futures trading. Unlike typical micro contracts that tend to be illiquid with uneven price action, these micro contracts show smooth price movements similar to full-sized contracts. They are recommended for...
Read More
Learn how to trade oil using multiple time-frames

Learn how to trade oil using multiple time-frames

Learn how to trade oil using multiple time frames. Oil is one of the key commodities for forex traders, and as crude oil slumped in price, this was reflected in the forex markets and the Canadian dollar. https://youtu.be/XH11ebDXcMs 00:15 Introduction and oil market overview 00:15 The speaker welcomes viewers warmly despite the weather and mentions watering the garden. They acknowledge some technical issues from earlier and assure the audience that questions can be asked in the chat. The session will focus on oil, specifically the WTI contract, and the speaker prepares to discuss its relationship to the CAD/yen currency pair, highlighting the influence of risk factors and major market conditions. 01:13 Multiple time frame trend monitoring 01:13 The speaker discusses trading a commodity that is currently crashing, emphasizing that trading principles are consistent regardless of the instrument or timeframe. They explain using multiple timeframes—from 2 minutes up to daily charts—to analyze trends. The trend monitor tool is highlighted as especially valuable for maintaining profitable positions, particularly when used across multiple...
Read More
A powerful combination to trade index futures on NinjaTrader

A powerful combination to trade index futures on NinjaTrader

A powerful combination to trade index futures on NinjaTrader Discover how to trade emini index futures using renko charts and time based charts on NinjaTrader https://youtu.be/Hlhkobf9iYE 00:05 Using Renko with time base charts for momentum 00:05 The speaker discusses their workspace setup, which includes multiple wrinkles and multiple time-based charts, highlighting the powerful combination of using Renko charts alongside traditional time-based charts. They explain that Renko and tick charts provide a sense of momentum that time-based charts alone do not show. The setup involves using multiple time frames simultaneously, such as 15-second, 30-second, and 1-minute charts, with Renko charts aligned to these time frames through a wrinkle optimizer tool. 01:14 Optimal Renko brick size adjustment explained 01:14 The video explains how the optimal Renko brick size is determined dynamically for a trading instrument during a session. Since market speed fluctuates throughout the session, fixed settings like a 150-tick chart can be misleading. Instead, the indicator adjusts the optimal brick size in real time to reflect these changes, allowing for more...
Read More