As forex traders, we tend to focus on the currency majors, but if you open your eyes and move to some of the cross currency pairs you will be surprised at the strong trends they can deliver. In this video I highlight one example using the EUR/CAD.
https://youtu.be/dQJWjAdUh7I...
Volume signals don't come much better than this in the afternoon trading session for US futures, with the stopping volume clear for all to see!
https://youtu.be/B4Qj9bUrvgU...
In this video from the US futures trading session we show you how to trade emini index futures with confidence using volume price analysis.
https://youtu.be/zSdmwqDf3zY...
In this vidoe we explain how to trade the currency of first reserve with confidence by using a simple currency majors matrix. This is easy to create and can also be created for other currencies in the same way.
https://youtu.be/vmuCrEwR7E8...
Wyckoff's second law is one that brings in the concept of time. In other words the longer a phase of price action has been building and particularly in congestion, then the greater should be the result once the trend develops. So in congestion phases, if these last for some time, then expect the consequent trend to be significant.
https://youtu.be/v4V3h1jkTkQ...
The EUR/USD delivers some more lessons in volume price analysis during the London forex trading session. The volume price analysis methodology is based on Wyckoff's three laws of effort and result, cause and effect and of course supply and demand.
https://youtu.be/WVMP8MQruc0...
The forex market is one of mean reversion which means is almost a pure market of reversals as currencies and currency pairs move from oversold and overbought constantly in all timeframes. In this video from the London forex trading session we show you how using the currency array and currency matrix indicators for NinjaTrader.
https://youtu.be/UlHh8UrYhO8...
Many traders use multiple timeframes to trade, but few use this approach when applied to renko charts. Using the renko oprimiser indicator in multiple timeframes gives you a powerful edge, even more so when combined with the equivalent time based charts. This means you have the advantages of trading a non time based chart which reveals momentum, with a time based chart to which you can apply volume price analysis.
https://youtu.be/qbgXuQiFh_c...
In this video we explain how to use the renko indicator on MT4 or MT5 to find trades as a scalping trader in forex. The renko chart is a perfect way to trade as it reveals the momentum in the market, something you never see on a time based chart. The reason for this is that a renko chart is not based on time, but on the size of the brick. This is what governs the open and close of the brick and once this metric has been met, the renko brick is closed and moves on to build the next.
https://youtu.be/f_A9AyyJ7fs...
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...
