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...
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...
A terrific reversal for oil futures clearly signaled using the volume price analysis methodology and delivering a nice trend higher for scalping oil traders on the WTI futures contract.
https://youtu.be/Wo_kklS0Gnk...
Trading volatility on the YM emini index futures at the start of the session as the cash markets open alongside Globex.
https://youtu.be/Gld3oDhvmd8...
Even when markets are trading in congestion it's possible to make money trading them. All it means it you have to be quick and take a smash and grab approach to trading and in particular what this means is moving either to the very fast timeframes as we show here using the YM Emini future in the live US session, or alternatively moving to a non-time-based chart such as a Renko or tick chart. All these approaches are equally valid and in this session, we focus on showing you how to use the 15-second chart to trade as the future moves in a narrow range. Volume price analysis works in all timeframes and this is a perfect example of its power for scalping traders.
https://youtu.be/TQ9j65GxF4o...
Money flow is all about risk and in this video we explain how and where to identify it in the various charts from the VIX and equities to the volatility indices. And of course relational analysis is a key part as money moves from one market to another chasing higher risk for higher return or lower risk for lower returns. This is a large topic and one we cover in the detail in the Complete Forex Trading program which you can find here https://quantumtradingeducation.com
https://youtu.be/AbPghOlY6Ao...
