Volume price analysis across the markets

Volume price analysis across the markets

by Anna Coulling Comment Closed
Volume price analysis across the markets https://www.youtube.com/watch?v=dTKvytVb4f8 The beauty of volume price analysis is that it can be used in any market and in any time frame. It helps validate price action and highlights anomalies.  The Forex Program gives traders a forensic education in this methodology. 00:00 Market optimism after three-day weekend 00:00 The speaker welcomes everyone to the session, confirms that recording has started, and notes the positive market conditions following a three-day weekend. They mention the sunny weather and hint at discussing market expectations later in the session. 00:43 Balancing news and chart analysis 00:43 The speaker discusses the challenge of cognitive dissonance when interpreting financial news versus analyzing chart data. They emphasize the importance of maintaining a semi-detached perspective—being aware of news but focusing primarily on what the charts actually indicate. The segment concludes with a reminder about an important disclaimer before proceeding. 01:16 Trading risks and program introduction 01:16 The speaker emphasizes that trading is risky and advises never to use money one cannot afford to lose. They acknowledge the...
Read More
A powerful combination to trade index futures on NinjaTrader

A powerful combination to trade index futures on NinjaTrader

by Anna Coulling Comment Closed
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
«‹456