These are the broad topics you will find covered in the videos in this section.

Reversal Trading

This is also referred to as swing trading and generally applies to the slower timeframes. We find this a rather vague term and prefer to call it ‘reversal trading’. In the world of forex, reversals occur constantly and in all timeframes so there is always a trading opportunity somewhere! And a reversal may be a secondary pullback in a primary trend, or full blown reversal in the trend. We examine them in detail and discuss the pros and cons of trading these moves.

Trend trading

Here we show you what to look for when entering a trend once underway and what to look for in terms of management and exit of a position. This approach is often decried as ‘chasing price’. It’s only chasing price if you do not have volume price analysis to help in your decision making.

Breakout trading

This is another trading tactic that often receives a bad press from those traders who have no knowledge of volume and price. Using and applying VPA will confirm whether a move is genuine or false, often called a fake out! In these videos we look for congestion phases building and developing over various timeframes, and how and when to enter. The hardest part here is patience - something we all struggle with at times!

Sea states and volatility

Understanding price action in terms of the sea state of the market, helps us in assessing the financial risk associated with a new position, and of course volatility or indeed lack of volatility is a key part. We also consider some of the broader measures of currency volatility with the indices, and also freely available ‘price range’ charts. We also look at Bollinger bands in the context of volatility.

Wyckoff’s laws

Here we have included several videos devoted to Wyckoff and the three laws which codify volume price analysis. These focus on all aspects of the VPA relationships and consider examples across the timeframes.

Using non time based charts

As traders we all start with time based charts. However, non time based charts provide powerful additions to our trading which are used for many reasons and in different ways. Here we cover renko and tick charts in particular and in detail, and how to blend them with a time based approach.

Before you get in! - deciding on your stop loss, and assessing potential return

There are many approaches as we have explained in the modules, and here we look at real examples using live markets, and the pros and cons of each. Focus will primarily be on using the price chart to help us decide on these levels, but this is just one approach, there are many more. Equally important is assessing the opportunity and potential from any position. We do not mean fixed risk/reward rules!

Basket trading

As new traders, we all start with one position in one currency pair, and this is absolutely correct. But as we develop, trading a basket can be added to the mix. In these videos we explore and explain how to create the basket, how to manage the basket and how NOT to manage it!

Scaling in and scaling out

As with all trading, there is never a right or wrong way, only the way which suits you. Scaling in is based on an event which has happened, scaling out takes the opposite approach where the event has not yet occurred. In these videos we develop examples using both approaches and explain the pros and cons of each.

Position sizing across the timeframes

In these videos we focus on position sizing and create some positions to demonstrate the maths behind it. Many traders struggle to understand this aspect of trading, so plenty of worked examples in the session to explain the principles and how to apply them to any account and for any approach.

More advanced orders

The market order is the simplest and most commonly used order type for a new position, but there are many more. In these videos, we introduce several others including pending/limit orders and OCO (one cancels the other) orders. All have their place and here we explain and show you how to use them correctly.

Trading the news

Again, trading the news is another which receives a bad press - no pun intended. But with VPA to help us provide the insight into what the insiders are doing, and with some simple guidelines in place, trading opportunities can then be considered and taken, based on logic, common sense and analysis.

Lessons

New York session – Trend trading part 3

And so we come towards the end of the session with volatility in the GBP/JPY and the interest rate decision in Canada then triggering volatility across all the major pairs. But some more lessons learned when trading the trend at the live edge of the market.

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London session – Trend trading part 2

We continue with the second part of the London session focusing on the tactic of trend trading, and here we continue to consider the euro pound pair. Not one of the strongest trending pairs, but certainly one which has been moving recently on the daily chart, as euro bulls continue to drive the currency.

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Wrap up and review trend trading

Some really great lessons from the day where we focused on the issues of trend trading. In this wrap up session we go back to the GBP/JPY pair of earlier, and also consider this in the context of the AUD/JPY which delivered later in the day. Some fantastic lessons on both and such a contrast between the trends which again made this a fascinating and interesting session with some important take away lessons!

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London session part 1 – Wyckoff’s Laws

In this session we explore the three laws of Wyckoff and in particular focus on the third law of effort and result. This is the micro level where we concentrate on a single price bar and single volume bar, before stepping back to consider the second law of cause and effect and ultimately supply and demand.

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Stop loss position and management further examples

The second part of this session where we focus on the aspects of placing and managing a stop loss, and considering the potential for the matched trading opportunity. This is all about preparing for any position in the market. The risk, potential return and matching the two using the chart to help provide all the decision making criteria.

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Stop loss position and management examples

In this session we focus on the aspects of placing and managing a stop loss, and considering the potential for the matched trading opportunity. This is all about preparing for any position in the market. The risk, potential return and matching the two using the chart to help provide all the decision making criteria.

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Tutorial on stop loss positioning and management

The wrap up and review from the day’s trading sessions and here we look at several of the daily charts and consider the various levels for placing stop losses and viewing the potential returns accordingly. Here we look at the risk vs the return but based on the chart and not some arbitrary vallue we assign ourselves!

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London Open – Part 1 basket trading

In this session we focus on creating a basket of trades where risk is spread across various currency pairs. This approach can be applied equally well to short and longer term perspectives, and helps to spread risk, diversify focus and approach the market in a more balanced way.

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London Open – Part 2 basket trading

In the second part of our webinar on basket trading we create a simple basket on the faster timeframes using the FXCM account. The key point as always is to close all positions at the same time. It is the overall P & L which is important not the individual pairs.

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