Considering volume in two ways as we focus on the GBP/USD
At the start of the London forex session, I focus on the GBP/USD and explain how and why we focus on volume on two ways with the pair breaking away from congestion around the volume point of control indicator for NinjaTrader.
https://youtu.be/X7Z0GVxhB9E
00:01
Introduction and webinar start
00:01
The webinar host welcomes participants to the London session of the Forex webinar, apologizing for a delay caused by technical issues with GoToWebinar. They mention having to restart the setup, confirm everything is now working, and greet attendees on a rainy day in Hampshire.
00:31
Trading disclaimer and audience overview
00:31
The speaker begins by drawing attention to a disclaimer about the risks of trading, emphasizing that viewers should never use money they cannot afford to lose. They acknowledge the presence of experienced Forex students and users of quantum indicators in the audience, as well as new participants who may be attending for the first time.
01:00
Volume price analysis explained
01:00
In this session,...
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...
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...
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...
Volume price analysis trading
https://www.youtube.com/watch?v=4_08HzqbMXM&t=835s
Volume price analysis trading can be used across all markets and timeframes and here we have an example on the gold chart.
00:11
Intro and VIX overview
00:11
The speaker apologizes for technical difficulties and checks audio clarity before starting the session. They introduce the VIX index charts, showing the one-minute and daily views, noting the current downtrend. The VIX is trading in a tight range with low volume as the session nears its end. The speaker then plans to briefly review gold prices before returning to discuss the indices in more detail.
01:15
Gold weekly chart anomaly explained
01:15
The speaker discusses a significant trend in gold observed recently and references a detailed post made a few days earlier. They highlight the importance of examining the weekly chart, which reveals a classic anomaly not apparent on faster timeframes. The speaker encourages viewers, especially those familiar with a contributor named Nick who provides in-depth weekend analysis, to explore cross-timeframe studies. This anomaly is notably visible...
