Doji candle on the monthly DXY chart confirms hits strong price & volume based resistance

Doji candle on the monthly DXY chart confirms hits strong price & volume based resistance

by Anna Coulling Comment Closed
The Doji candle is often taken as a reversal signal which can happen but what this candle is really telling us is there during its formation the bulls and the bears were in a battle for control much like a tug of war but that at its completion there was no overall 'winner' giving rise to a lack of direction. This is why the candle is best described as a candle of 'indecision'. From a trading perspective, Doji candles can give rise to good two-way price action but more often can cause choppy and volatile trading conditions. Fortunately, the example we have on the monthly chart for the DXY had a really wide range - over 200 pips which explains why this week the price action has been more muted. Understanding candle patterns and blending them with the Quantum indicators can help to determine where the price is likely to pause and reverse. In this example, we have price-based support &...
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Learn how to use the Camarilla levels indicator to trade both spot forex and futures

Learn how to use the Camarilla levels indicator to trade both spot forex and futures

by Anna Coulling Comment Closed
Trading is all about levels and flow and the Camarilla levels indicator is one indicator we use to define these levels. Most use 4 levels but we have developed this to add a further two so the indicator gives a range from R6 to S6 with the buffer zone at R1 to S1. https://youtu.be/2q08jV05BcY...
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Several volume price analysis lessons here for cable

Several volume price analysis lessons here for cable

by David Coulling Comment Closed
The 5 minute chart for cable has several volume price analysis lessons. First, the fact we have to wait for signals to be confirmed and this is the case in the uptrend. The weakness is signaled clearly on high volume. This is followed by further signals of weakness as the move runs out of steam, before the reversal duly begins. Then in the downtrend as the reversal gets underway we see the clear re-entry signals and opportunities to jump on the trend if we missed the initial signals. You can become a volume trading ninja by joining the complete forex trading program which you can join here https://quantumtradingeducation.com...
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Two volume price analysis lessons in one!

Two volume price analysis lessons in one!

by Anna Coulling Comment Closed
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...
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How to use higher and lower timeframes to discover trends

How to use higher and lower timeframes to discover trends

by Anna Coulling Comment Closed
In this video from this morning's forex webclass Anna explains how to use higher and lower timeframes to discover trends in the forex markets. https://youtu.be/69-sTBnGEm0...
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It’s risk on as the London forex markets open

It’s risk on as the London forex markets open

by Anna Coulling Comment Closed
It's risk on as the London forex markets open https://youtu.be/3B5G3wYeYTg...
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Terrific trade on cable using volume price analysis

Terrific trade on cable using volume price analysis

by David Coulling Comment Closed
A terrific trade on cable this morning and if you missed the first signal, a second followed! This is the power of volume price analysis which works in all timeframes and all markets including forex. You can discover more about this powerful methodology in The Complete Forex Trading Program    ...
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Digging out the trading opportunities on Aussie dollar and EUR/NZD

Digging out the trading opportunities on Aussie dollar and EUR/NZD

by Anna Coulling Comment Closed
Digging out the trading opportunities on Aussie dollar and EUR/NZD https://youtu.be/vo4b2rRcA_c...
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Overnight news from China leaves traders puzzled!

Overnight news from China leaves traders puzzled!

by Anna Coulling Comment Closed
Overnight news from China leaves many traders puzzled as does the move in the Aussie prior to the release. https://youtu.be/jXMvf6l_-dA...
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Volume price analysis and congestion phases

Volume price analysis and congestion phases

by Anna Coulling Comment Closed
A nice congestion phase building on the 5m chart for the GBP/JPY and one which introduces several elements of volume price analysis. First, we have support and resistance here we see a strong region of resistance building with the red dashed line. This is on the accumulation and distribution indicator which displays graphically the strength of such regions. In other words the thicker the line, the stronger the region, so a strong ceiling of resistance building at 129.75. In addition, we are also trading at the volume point of control at 129.52. This is the fulcrum of the market at present with no bullish or bearish bias. In other words, the market is in price agreement where we have the heaviest concentration of volume. The key now is to wait for the breakaway from this region which will come - it's a question of being patient and waiting. And on the move away we then move to consider the volume...
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