In the latest session from the forex trading webinars, I explain the importance of support and resistance in the context of some recent trades on MT4/5 and also on TradingView.
https://youtu.be/wM6SH96NROY...
The year-end and run-up to the Christmas holiday season is always a great time for forex traders as the markets generally deliver volatility and momentum as traders close up for the year-end with position squaring and closing of books. So don't pack up too early this year and you will be rewarded with plenty of trading opportunities, particularly intraday on the faster timeframes. And with the Quantum Trading tools and indicators, you have the perfect technical indicators starting with the currency strength indicator and the currency matrix. The currency array then displays the strength of trends visually whilst the currency heatmap gives you the complete picture.
https://youtu.be/4MuBeRHESJs
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A quiet start to the forex session as London opens with tepid sentiment and markets move sideways with only the US dollar showing some signs of life.
https://youtu.be/eLUAROYZhTw...
Trading forex we are spoiled for choice when it comes to the number of trading opportunities that arrive through the trading session. So how do you choose which trade is likely to deliver the best return for the lowest risk. In this video, we explain the steps using the Quantum Trading currency-specific indicators and of course using volume price analysis to confirm.
https://youtu.be/S0m3OiUuw9c...
At the start of the London forex trading session the market was buying the US dollar across the complex, a fact confirmed by considering this in both the spot and futures markets along with the currency array indicator for NinjaTrader. The GBP/USD was one in particular with an excellent move lower, before reversing with a terrific volume signal as the buyers stepped in to reverse the trend with the BOE chairman helping to drive the sentiment.
https://youtu.be/NrF8j0XGJjg...