A great trade on the cad/chf on the hourly chart following the BOC rate decision. This is not a pair favored by many short-term or scalping traders, given the spread, but those who prefer the slower timeframes can deliver some great moves. What also helps is the Quantum Time-Adjusted Renko indicator, which not only highlights potential entries and exits but, more importantly, keeps us in a trade.
By Anna Coulling...
It's all about synthesis trading forex in the London session using volume and price and of course supported by the Quantum Trading tools and indicators. And a great example of a price waterfall and the power of volume which reveals the strength and momentum in the trend lower, as well as where to enter with confidence.
https://youtu.be/6NhWkMdSb6w...
It was commodity currencies and copper in focus in the London forex session, and a nice trade on the USD/CHF which has fallen out of correlation with the EUR/USD as we saw on the NinjaTrader platform with the correlation matrix.
https://youtu.be/VFu_2qPm3w8...
Trading forex using volume price analysis with Anna Coulling in the weekly live webinars for those wanting to learn how to trade currencies with confidence.
https://youtu.be/P2FYM-Fu3YE...
There was some great price action in the London forex session with the US dollar reacting to Janet Yellan's comments yesterday and delivering some excellent two-way price action.
https://youtu.be/qcIjglGynl4...
Choosing the best currency pairs to trade is straightforward with the currency strength indicator from Quantum Trading Ltd. Whether you trade trends, reversals, or congestion, the currency strength indicator which works on NinjaTrader, MT4/5, TradingView and now Tradestation is always the starting point as it breaks the world of forex down into the building blocks of the currencies themselves which is the starting point for analysis from the ground up.
https://youtu.be/QY5skhZFqao...
