It's going to be an interesting end to the year for stock traders and investors and not just because of the Santa Claus rally. There are plenty of other events which are likely to make December one of the most interesting ends to a trading year for some time.
https://youtu.be/6Xgm8g1R5Ss...
In this video, we show you how to use volume to define support and resistance levels using the VPOC indicator on the MT4 platform before moving to NinjaTrader where we focus on the British pound following the London open.
https://youtu.be/uQEWHdtxzec...
In this US trading session, we explain the importance of multiple timeframes not only for your charts, but also for the indicators and how to use multiple time frames trading index futures and commodities. Here we are using both the MT4/MT5 platform and also NinjaTrader 8.
https://youtu.be/o2ria_AXG8A...
There are two approaches to support and resistance for day trading forex. One is based on price and the other based on volume. On the NinjaTrader platform, we have the accumulation and distribution which is price-based and on MT4/MT5 we have the dynamic support and resistance indicator, whilst on both, we have the volume point of control which delivers our volume based support and resistance areas. These are defined by the high volume and low volume nodes on the chart.
https://youtu.be/-5ra6J0x5lc...
The MT4 platform is often regarded as one which is focused on forex, which is certainly true, but over the years increasingly other markets have been embraced both on MT4 and MT5. And the US indices are no exception and so offer a great way to get started without the need for a futures broker and with hugely reduced margin requirements. In this part of the US trading session I show you how and also the importance of understand the key levels defined by support and resistance, volume, and also the Camarilla levels indicator.
https://youtu.be/GfSU3PZTNcs...
Using a blend of time and non-time-based charts gives you the perfect combination to trade any market. Non-time-based charts reveal the one thing a time-based chart never shows and that's momentum and the Renko optimizer for NinjaTrader is one such example. But there is always a problem with non-time-based charts and that's in deciding on the settings, but with the Renko optimizer, this does it for you, delivering the optimal setting at any time during the trading session. The Renko chart also smoothes out the price action and delivers smooth trends as we see here, and even more powerful when used in this multiple chart approach.
https://youtu.be/EJB-Mrn1Vqg...
In this video we explain how to dig out reversal trades in forex on the NinjaTrader platform using the currency strength indicator and the currency array indicators from Quantum Trading.
https://youtu.be/Y8jiXsiiALU...
The markets took a breather yesterday following the extraordinary rally on the news of a possible vaccine and it was no surprise to see many congest, with indices flat and indeed the NQ emini reversing and weakening. Gold on the other hand was attempting to recover from a huge sell-off along with silver whilst the yen currency matrix took a breather. All in all a perfect storm in a positive way and signaling the importance of relational analysis.
https://youtu.be/3vSK4HSoHDU...
In this part of the US futures trading session, we move to the fast timeframes of 15-second charts and above as the markets continue to congest and moves sideways following the strong moves of the previous day. This is only to be expected following the appearance of the volatility indicator on the daily charts for many commodities and yen currencies, sending a clear message of congestion ahead. Some excellent short term opportunities arrived and clearly signaled with volume price analysis which confirms and validates the price action, supported of course by the Quantum Trading indicators.
https://youtu.be/w88ZIuWlYeQ...
