In this video, Anna focuses on the EUR/AUD pair as the London forex session gets into full swing applying Wyckoff principles and in particular effort and result which is one of Wyckoff’s three laws. This is the third law which in simple terms means price and volume. The effort is the volume and the result is the price action and whether this is in agreement with the volume, or in disagreement. An anomaly in other words. Volume price analysis reveals the truth behind the price action.
https://youtu.be/ePi8SxUJgrE...
As the London forex market gets underway Anna explains the basic principles of how to apply volume price analysis to the forex market and in particular how this is blended with Richard Wyckoff's three laws. These are supply and demand, cause and effect and effort vs result.
https://youtu.be/FT7KeJBAZv4...
The crossover from one session to another is a dangerous time for forex traders and an extremely profitable one for the market makers. Why? Watch the video to discover why and what you are likely to see at every such period of the trading day, particularly in the Far East Asis to London crossover and later when the US markets open. Note the importance of having the volatility indicator from Quantum Trading which triggers in real-time and gives an instant warning of volatility in the market. The indicator works on average true range and its power lies in forecasting what is likely to happen next which is either congestion, or a full reversal in trend.
https://youtu.be/8CI9gn59Tec...
Trading is all about confidence and here we show you how using the Quantum Trading tools and indicators and in particular the renko optimiser for NinjaTrader along with the trends and trend monitor indicators. The renko optimiser delivers the optimal setting for all markets and timeframes using average true range.
https://youtu.be/Fj9po7eYzxE...
An analysis of the ten minute chart for the GBP/JPY currency pair using volume price analysis and the Wyckoff methodology.
https://youtu.be/V_6eTRlpyhc...
The renko indicator is a wonderful indicator to use in combination with time based charts, and in the webinar we show on the GBP/JPY pair.
https://youtu.be/sXlm05gRFaU...
As the London forex session gets into full swing, sentiment is clearly displayed on the VIX which is trending lower as risk on sentiment returns with equities push ing higher on US futures markets. And of course currency flows from the yen and other risk currencies confirm the picture.
https://youtu.be/svEykuvd-J8...
In falling markets one of the great signals we always look for as forex volume traders is the candle highlighted on the chart, and is often an excellent re-entry signal to any trend if you have missed an opportunity higher in the trend. And the signal is simple and clear. Price weakness as denoted with the deep wick to the upper body of the candle, but associated with high volume.
The market has tried to rally on excellent volume, but closed lower on the day. Clearly the market makers are selling into weakness and therefore we can expect the trend lower to continue. You can join me in my free forex webclass where I explain this and other principles of volume price analysis which you can then apply to your own trading - join here http://bit.ly/3cB64cH...
In these unprecedented and dramatic times for markets, traders and investors volume price analysis has never been more appropriate and we had a great example on the 3 min chart for the WTI contract for April.
The chart is vpa 101 where following a move lower from a strong resistance line we have a candle with a deep upper wick and very high volume not only confirming the move lower but also providing a potential point of entry. The minor correction higher is on falling volume thereby validating our initial analysis.
By Anna Coulling...
