The forex market is one of mean reversion and there is no better example of this than we see in the currency strength indicator for NinjaTrader with currencies moving from overbought to oversold and back again in a never ending cycle.
https://youtu.be/77bvX1RKckA...
As always with Chinese data we need to take any figures with a 'pinch of salt' and on this occasion markets have mixed views as we see some divergence in risk sentiment across the asset classes.
https://youtu.be/ABAGHm4-Yi0...
In this video I explain how to find out what are the best times to trade for your chosen currency pair using the EUR/CAD as an example.
https://youtu.be/9E9NzpFj54c...
When markets are in congestion, you have two options. Trade or sit on the sidelines and wait for a trend to develop. But if you are going to trade, you have to move to the faster timeframes and scalp, and in this vidoe we show you how.
https://youtu.be/PLDnyuw1noA...
In this session from the US futures trading webclass Anna explains how to understand your market through the prism of volatility.
https://youtu.be/DX_Xx9oo4SE...
In this session from the online webclass, we take a look at gold which is now testing the $1800 per ounce level then move to the fast timeframes to consider a breakout trade.
https://youtu.be/qjWykb-P0IU...
In this session from the online webclass David explains why congestion phases offer excellent trading opportunities and also provide clear levels for any stop loss positioning and management.
https://youtu.be/1y-ViuqFmPM...
For unwary forex traders there are many traps to fall into, and this is one of them as we see on the GBP/USD in the London forex trading session.
https://youtu.be/ddWmqMEWX6Y...
For forex traders, there are many different traps waiting to be sprung, and in the London forex trading session this is yet another example, this time for the European fundamental news on the GBP/USD.
https://youtu.be/4DOS5-a7dpk...
