Lessons for all traders in the US trading session

Lessons for all traders in the US trading session

Lessons for all traders in the US trading session Some great trading lessons in the US trading session and a terrific move lower on gold with the precious metal selling off hard and wiping out the gains of the last few days. As always markets generally fall faster than they rise which is one of the advantages of trading the short side of the market. And whether you're a more experienced trader or just getting started, these are some of the lessons you need to learn quickly in order to progress as a trader. https://youtu.be/Rd07YedpVz0 00:11 Introduction to multiple Renko charts and time frames 00:11 The speaker explains switching to multiple Renko charts with different timeframes displayed at the bottom: 15 seconds, 30 seconds, and one minute. They describe the corresponding Renko brick sizes for each timeframe and clarify that the value 1.7 at the top indicates the brick size in terms of gold price per ounce, with each brick representing one dollar spot 70. The...
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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...
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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...
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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...
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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...
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More lessons in volume price analysis courtesy of the Aussie yen pair

More lessons in volume price analysis courtesy of the Aussie yen pair

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...
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Some great volume lessons on the EUR/AUD in the breakaway trade from congestion

Some great volume lessons on the EUR/AUD in the breakaway trade from congestion

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...
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Discover how to identify anomalies when day trading emini futures

Discover how to identify anomalies when day trading emini futures

Discover how to identify anomalies when day trading emini futures Discover how to identify anomalies when day trading emini futures and in this video we focus on the YM Emini, the NQ Emini and the ES Emini index futures. https://youtu.be/XqNSZogtL7I 00:11 Overview of US indices and futures 00:11 The speaker shares their screen showing the US indices, including the YM, Q, and ES futures contracts, which represent the Dow, NASDAQ, and S&P 500 respectively. They explain the layout of their global workspace with five-minute charts on top and daily charts below. Additionally, they mention having the VIX (volatility index) displayed on another screen, preparing to pull it up for reference. 00:43 VIX chart timeframes and anomalies 00:43 The speaker discusses viewing the VIX (Volatility Index) on different time resolutions, including two-minute, five-minute, ten-minute, fifteen-minute, twenty-minute, and daily intervals. They mention adjusting the chart settings to observe these various timeframes and note the unique characteristics of the VIX across these periods. 01:19 Market relational behavior breakdown 01:19 The speaker discusses the relational aspect of market...
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A lesson in volume price analysis

A lesson in volume price analysis

A lesson in volume price analysis In this vidwo we take a closer look at the NQ emini and apply the volume price analysis methodology to analyze the daily chart for the futures contract. https://youtu.be/Q9FQ5sSrX5c 00:11 Bullish momentum developing across indices 00:11 The speaker discusses a developing bullish momentum across multiple market indices, including YM, NQ, and ES, observed on a five-minute chart. The ES and NQ are in agreement showing upward trends with decent volume supporting recent candles, though the YM is currently struggling. Additionally, the VIX is falling, indicating reduced volatility. The trend monitor confirms this bullish trend progression, showing a shift from 15-second to one-minute intervals, suggesting the trend is potentially sustainable and tradable at this stage. 01:10 Strong bullish trend confirmed on multiple timeframes 01:10 The analysis begins with a strong bullish trend identified across multiple timeframes—3, 5, 10, and 15 minutes. There was a significant volume increase on the latest 15-minute candle, indicating a strong upward move. The price successfully broke through a low volume...
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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...
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