A novel way to use the currency strength indicator
Try using the currency strength indicator like this - you will be surprised at how it helps you in your forex trading.
https://youtu.be/ktUaWIrHbgY...
Some nice pips on the GBP/NZD
Some nice pips delivered here courtesy of volume price analysis on the 15 minute chart!
https://youtu.be/A0EVn3mvMdU...
Two volume price analysis lessons in one!
Two volume price analysis lessons in one here on the daily chart for the GBP/JPY. First, we see rising price and falling volume as the rally of late March stalls as a result. This is an anomaly as we should expect to see rising prices supported with rising volume if the trend is to develop with real momentum. Then we move into the congestion phase. Note the fall in volume as price action narrows and trades around the volume point of control. Now, all we need to do is wait and be patient. The breakout will come in due course, and be confirmed as genuine or false with volume.
Discover more at https://quantumtradingeducation.com...
A four step process using the currency dashboard to trade forex
In this video, we explain how to use the four indicators in the currency dashboard starting with the currency strength indicator. Then it's on to the currency matrix indicator followed by the currency array, and finally to the currency heatmap which completes the dashboard.
https://youtu.be/QIr7oprGFYQ...
Plenty of trading opportunities this morning in the forex markets.
Plenty of trading opportunities this morning in the forex markets.
https://youtu.be/YSnxi13pA10...
A huge day trading the emini futures, as risk on appetite evaporates
In these traumatic times, it was another big move on the US markets with all the three primary indices falling sharply as risk on sentiment evaporates again. Using the renko optimiser indicator for NinjaTrader in conjunction with the time based charts is such a powerful approach and one we show here for the YM Emini futures.
https://youtu.be/FgpbvV81b48...
Terrific trade on the EUR/AUD as London forex market opens
We follow a great trade on the EUR/AUD which develops nicely during the session.
https://youtu.be/9WOrFzF_uFk...
Applying volume price analysis to the forex market
As the London forex market gets underway Anna explains the basic principles of how to apply volume price analysis to the forex market and in particular how this is blended with Richard Wyckoff's three laws. These are supply and demand, cause and effect and effort vs result.
https://youtu.be/FT7KeJBAZv4...
Does volume price analysis work? Most definitely
In these unprecedented and dramatic times for markets, traders and investors volume price analysis has never been more appropriate and we had a great example on the 3 min chart for the WTI contract for April.
The chart is vpa 101 where following a move lower from a strong resistance line we have a candle with a deep upper wick and very high volume not only confirming the move lower but also providing a potential point of entry. The minor correction higher is on falling volume thereby validating our initial analysis.
By Anna Coulling...
Weak AUD/JPY signals return to risk off
It's been a day of weakness for the Aussie yen as risk-on sentiment evaporated once more, with markets remaining fragile and nervous as each day reveals fresh news on the current virus sweeping the globe. As a barometer of risk the AUD/JPY is always one currency pair that reveals this sentiment clearly, with the Aussie dollar considered a risk currency and the Japanese yen a safe haven. This weakness was signaled earlier in the week with the failed effort to rise on high volume and now followed by a bearish engulfing candle.
I explain this in more detail in my free forex webclass - click to join here...
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