Is Cable preparing for a reversal?
Some traders prefer to trade the trend, others look for reversals in order to get in early as the current trend tires. Here we take a look at one such opportunity for the GBP/USD after the excellent trend lower.
https://youtu.be/HNf0A2Vf1ZU
00:01
Introduction and webinar setup
00:01
The webinar host welcomes participants to the morning Forex webinar for the London session. They explain there was a brief delay due to technical difficulties with the GoToWebinar platform, which required restarting the setup. Despite the minor issue, the session is now running smoothly. The host also remarks on the rainy weather in Hampshire as the session begins.
00:31
Disclaimer and audience overview
00:31
The presenter begins by reminding viewers of the disclaimer about the risks involved in trading, emphasizing not to use money that cannot be afforded to lose. They acknowledge the presence of Forex students, users of quantum indicators, and new participants, addressing those who might be attending for the first time.
01:00
Volume price analysis explained
01:00
The session introduces...
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...
Yes, you can use the forex-specific indicators for trading currency futures!
One of the questions we are often asked is whether you can use the currency specific indicators for trading currency futures, and the short answer is yes, and we explain how in the video.
https://youtu.be/-IAw1BJRqts
00:11
Introduction to currency futures and workspace setup
00:11
The speaker explains their transition from spot markets to currency futures to avoid the volatility of spot trading. They describe their workspace setup, using the CSI on a five-minute timeframe and the currency matrix on a ten-minute timeframe. The focus is on futures contracts, specifically the 6A contract, which are larger and more substantial than typical spot market contracts.
00:42
Explanation of futures contract notation and currency pairs
00:42
The segment explains different currency futures contracts, highlighting that the Aussie dollar is represented as 6B, and the pound as 'cable'. It discusses the 6E contract, noting the Canadian dollar is shown unusually as CAD dollar, not dollar CAD, because futures contracts use the dollar as...
What we are always looking for: divergence!
In this session from the forex trading webclass, Anna explains one of the fundamental principles for trading currencies, which is to identify divergence, which then results in a strong trend.
https://youtu.be/-5ubJ29_EsQ
00:11
Introduction to Pound Aussie and Euro Aussie analysis
00:11
The segment begins with an analysis of the Euro-Aussie currency pair, highlighting a potential reversal forming. The speaker then shifts focus to the Pound-Aussie pair, continuing the previous day's narrative. By isolating the Pound and Aussie currencies using the CSI index, they note that both have generally been selling off. However, because both currencies moved similarly during this timeframe, it led to a congestion phase rather than a clear trend, contrasting with the Euro-Aussie's trend.
01:24
Congestion phase and lack of divergence in Pound Aussie
01:24
The discussion focuses on a lack of divergence in the Pound/Aussie currency pair at the moment, noting that the price is currently congesting around the 80 to 55 levels. Using the three-minute chart, an example of...
Trading success is all about levels and flow
Levels and flow define the areas of congestion, support, and resistance & finally accumulation and distribution using volume price analysis and the Quantum Trading tools and indicators.
https://youtu.be/7urYunxWdNw
00:18
Using Renko and Camarillo levels for analysis
00:18
The speaker explains that by coincidence, Dave David picked up on the same market movements they had been analyzing using NQ charts. They mention using a combination of Renko charts and Camarillo levels to track strong price action over the day and week. Due to the intensity of the price movement, they had to use the slowest timeframe, the hourly chart, to identify a key level that the index is likely heading towards.
01:06
Indicator shows six levels and breakout
01:06
The speaker explains a program designed to identify six levels instead of the usual four within the camera protocol. Using a faster three-minute chart, they demonstrate that the indicator has already surpassed the sixth level (S6). They also reference a Renko chart to better...
Terrific lessons in volume price analysis on the gold futures charts
Terrific lessons in volume price analysis on the gold futures charts with some low-risk trades as a result!
https://youtu.be/9qW-e6Ea-b4
00:13
Introduction to Volume Price Analysis on Gold
00:13
The speaker introduces a gold chart to demonstrate a clear example of Volume Price Analysis (VPA), emphasizing that VPA principles apply universally across various markets including stocks, commodities, futures, ETFs, Forex, and currencies. The example focuses on a specific period around US market opening, highlighting volatility triggers and subsequent high volume candles to illustrate important VPA concepts.
01:21
Identifying Weakness with Volume and Price
01:21
The speaker explains that a large volume combined with a small price movement indicates weakness in the market. This is evidenced by a significant drop in volume on the following candle, signaling heavy selling pressure. A two-bar reversal pattern appears, marking the beginning of a downward trend.
01:49
Price Waterfall and Stopping Volume Explained
01:49
The speaker explains a classic price waterfall pattern in trading, highlighting confirmed weakness and rising...
The importance of the R4 level on the Camarilla levels indicator for NinjaTrader
The importance of the R4 level on the camarilla levels indicator and an example from our live US futures session.
https://youtu.be/8ojJE1AEN7I
00:12
Forex market end-of-month flows and cable trends
00:12
The speaker discusses the unique dynamics of end-of-month flows in the forex market, focusing on the 'cable' currency pair (GBP/USD). They highlight that cable is an excellent currency to trade, often producing strong trends and significant price moves, sometimes exceeding 80 to 100 pips. The commentary also references recent market volatility around Brexit events, noting that cable has delivered notable trading opportunities. Additionally, the speaker mentions the importance of timing trades around the London session close, which occurs at 4 PM local time.
01:20
Volatility candles and trend dot indicator explained
01:20
The segment explains how to interpret price and volume data on a chart, starting with an example where the time indicated corresponds to earlier hours. It discusses the appearance of a wide volatility candle following...
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...
Trading forex with tick charts
https://www.youtube.com/watch?v=wzjfVKW7q5g
A section from our London forex webinar where we considered how tick charts can help in trading reversals in volatile market conditions using our specialist Tickspeedometer for the Ninjatrader platform.
00:11
Introduction to tick charts and market moves
00:11
The speaker prepares to share their screen and confirms the microphone is working. They mention having the Aussie Swiss chart ready but decide to focus on the tick charts, highlighting a notable movement in CAD/EN that relates to a question Tony asked earlier.
00:43
Trading styles: intraday vs slower time frames
00:43
The speaker discusses market volatility and trading time frames, emphasizing that the choice of time frame depends on the trader's comfort and approach. They mention that some traders focus on very short-term movements, such as scalping for a few ticks multiple times a day, which may or may not suit everyone.
01:13
Importance of slower time frames in analysis
01:13
The speaker discusses the importance of preferred chart timeframes, emphasizing that slower timeframes carry more weight due...
Reversal Trading in Forex
https://www.youtube.com/watch?v=677FopMyFaA
Some great reversal trading examples from our London forex webinar.
00:10
Introduction and CAD/JPY reversal setup
00:10
The speaker adjusts the screen and chat box while inviting viewers to ask questions via email. They then resume discussing the CAD/JPY currency pair, focusing on a reversal pattern visible on the three-minute chart. The speaker explains their preference for trading reversals at market tops and bottoms to enter positions early, noting that the CAD is starting to decline as the yen strengthens. They highlight the setup for a potential reversal on the chart.
01:12
Scalping vs slower trading timeframes
01:12
The segment discusses different trading strategies based on timeframe preferences. It highlights the distinction between scalping, which involves very fast trades on short timeframes like seconds, and trading on slightly longer timeframes such as 5 or 15 minutes. Scalping typically requires trading larger sizes to compensate for smaller price movements, focusing on capturing small gains over short periods. The speaker emphasizes that choosing the right timeframe depends...
