Using related currency pairs to help in your forex trading
In this section from the London forex trading web class we explain how to use related currency pairs to help you in your forex trading. In this example, we use the example of the currency majors matrix to explain the principles, but this could be for any other currency.
https://youtu.be/4J7L28BvnBg
00:12
Introduction to Majors Matrix and currency pairs
00:12
The speaker apologizes for technical issues due to logging in as an attendee without screen control. They quickly move to discuss the 'majors matrix,' referring to major currency pairs including the Australian dollar, euro dollar, Canadian dollar, and New Zealand dollar.
00:40
Visual perspective on currency strength and selling trends
00:40
The speaker explains a visual tool resembling a currency matrix that shows the strength of the US dollar against major currencies. It highlights current market activity, noting strong selling pressure on the British pound and significant buying in the Australian dollar, which is also reflected in the British pound-US dollar...
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...
Discover the power of volume price analysis for yourself
In this video I explain some of the basic principles of the volume price analysis methodology and what it will do for you whether as an intraday trader or longer term investor.
https://youtu.be/-WpmQ-BfJho
00:01
Webinar introduction and disclaimer
00:01
The host welcomes attendees to the afternoon webinar, noting the pleasant weather in Hampshire. They express appreciation for the audience's time and introduce their husband David, who is present but not speaking. The host also mentions an upcoming disclaimer before proceeding with the webinar content.
00:31
Session overview and risk warning
00:31
The session begins with a caution about the risks involved in trading, emphasizing not to use money one cannot afford to lose. The presenter acknowledges a mixed audience of forex students, quantum users, and newcomers. The focus of the webinar will be on analyzing charts and reviewing the markets in general.
00:59
Introduction to volume price analysis (VPA)
00:59
This segment introduces volume price analysis (VPA), a methodology that examines price action alongside volume...
Making sense of the euro and how to trade it
The single currency of the euro is a political one in every respect as it is one which has no debt union, and an important consideration ahead of this week's ECB meeting. With Italy threatening to be the next country to depart the EU remember the words of Draghi who said the EU would do everything to protect the currency. Will the same apply now? We will see.
https://youtu.be/KpNoRp923uM
00:00
Welcome and trading disclaimer
00:00
The host welcomes everyone to the webinar, acknowledging the different time zones of the audience. They emphasize the importance of the trading disclaimer, reminding viewers that trading is risky and they should never use money they cannot afford to lose.
00:28
Attendees and forex market overview
00:28
The speaker welcomes attendees from various groups including students from the ITS program, quantum users, and some first-time participants. They acknowledge the diverse audience and express appreciation for their presence. The session is about to focus on analyzing...
Discover how to create a currency matrix for the currency majors
If you don't already have the currency matrix indicator from Quantum Trading, in this video we show you how to create your own using multiple charts for the currency majors and explain how this will help you in your own forex trading using volume price analysis.
https://youtu.be/8ETgQUmrHSY
00:11
Introduction to currency matrix tip
00:11
The speaker begins by apologizing for previously forgetting to turn on the microphone and mentions being married happily for a long time. They then introduce a method related to currency matrices, describing a manual approach that involves six major currencies as part of a setup or explanation.
00:46
Overview of major currencies sentiment
00:46
The speaker explains a method of analyzing currency sentiment by examining various currency complexes such as the pound, euro, dollar, New Zealand dollar, and Swiss franc. This approach provides insight into risk sentiment within these groups, allowing one to understand market dynamics across different currency complexes like the majors, yen, euro,...
