As the FED strives to maintain confidence in US markets, all eyes are now focused on the US dollar in the run to the US elections, and with so many factors driving sentiment each and every one could be a factor. This week alone sees eighteen comments from FED members and with the pandemic continuing to dominate, the death of US Supreme Court judge Ruth Bader Ginsburg, this too has added an significant twist to the possible outcome. All of this and much more will play out in the US dollar over the next few weeks and with it languishing in the low 90's on the daily chart, from a technical perspective it has the potential to regain the 100 handle once more, a level not seen since May.
https://youtu.be/yV4ARqhmvt8...
In this video, we explain how to read the chart and trend using volume price analysis and supported of course by the Quantum Trading tools and indicators.
https://youtu.be/TSHRLbFQr44
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The euro is a political currency and forex traders often wonder why such a currency moves in the way it does, with today being a classic example. An agreement has supposedly been reached about future policy by the member states, yet the euro has fallen and the answer lies in the bond markets and in particular the bond spreads. It is the spread between the German bond and the Italian bond which will ultimately dictate the future of the euro with Italy now likely to be the next country to leave the union.
https://youtu.be/Uk2MxuLRCjI...
In this video, I demonstrate the power of the Camarilla levels indicator on NinjaTrader and in particular with regard to the Nasdaq NQ Emini futures contract which continues to lead the other US markets higher, but for how much longer?
https://youtu.be/-7HbhFndaM0...
A wonderful trade on the GBP/CHF as the London forex session opened and a perfect trend lower with the GBP being sold strongly and the Swiss franc being bought strongly and developing a terrific trend as a result.
https://youtu.be/tjKVxrVOtzo...
In this video we show you how to isolate currency pairs using two of the Quantum trading indicators. The two indicators are the currency strength indicator and the currency matrix indicator and here we are using them on the MT5 platform.
https://youtu.be/_G4X9POpRvI...
As the London forex session gets underway it's all eyes on the Aussie dollar following the RBA statement and rate decision, and across the Aussie complex, with a nice move lower developing on the AUD/USD.
https://youtu.be/Cuf7RWPHXPk...
Always a worrying sign when the mainstream news advocates buying shares, and this is certainly the case with the Chinese Government urging people to buy with the Shanghai Composite continuing to drive higher along with the US markets.
https://youtu.be/QPPr4afB_I4...
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...