In this video on the GBP/USD and the daily chart I explain the importance of support and resistance and the congestion phases which accompany these levels. Remember, forex is about levels and flow and congestion zones are where trends are created and borne in all timeframes.
https://youtu.be/gkm_Bh43VrU...
Using volume price analysis to trade CME futures including currency futures and index futures on the Tradestation and NinjaTrader platforms
https://youtu.be/jHeUs5a2kvU...
There are several major risk events now facing the financial markets as we approach the end of the year and in this video, we highlight this unique confluence of events, which could lead to not one, but perhaps two black swan events in the coming months. We will see. In the meantime, we also focus on a terrific move on gold which saw the precious metal end the session with a wide spread down candle and a strong trend lower which truly delivered. Within the move, there were the usual pullbacks and reversals but volume price analysis helped to determine whether these were indeed primary reversals, which they were not, and therefore simply secondary trends reversing against the primary bearish trend lower.
https://youtu.be/9ZvhNolh_BM...
In studying volume price analysis what we are constantly searching for on the chart is to see whether price and volume are in agreement or disagreement, and from there to determine what is likely to happen next. In this video we highlight a classic example where volume and price are in disagreement and a trap is therefore created by the market makers.
https://youtu.be/Ki9Wbj6p7oo...
Wyckoff's three laws of cause and effect, effort and result, and finally supply and demand perfectly describe the foundational laws of volume price analysis which uses candlesticks, candle patterns and support and resistance in addition. In this session and focusing on the YM emini futures contract, once again we have some terrific lessons in volume price analysis.
https://youtu.be/gBfU6KPmN6I...
Even when markets are trading in congestion it's possible to make money trading them. All it means it you have to be quick and take a smash and grab approach to trading and in particular what this means is moving either to the very fast timeframes as we show here using the YM Emini future in the live US session, or alternatively moving to a non-time-based chart such as a Renko or tick chart. All these approaches are equally valid and in this session, we focus on showing you how to use the 15-second chart to trade as the future moves in a narrow range. Volume price analysis works in all timeframes and this is a perfect example of its power for scalping traders.
https://youtu.be/TQ9j65GxF4o...
This is the second part of the US day trading session and first, Anna explains why the three 'sister' US indices move in different directions on a daily basis. Then David moves to oil and gold along with the US indices which are in consolidation ahead of the FOMC release due later and one which is likely to set the tone ahead of the Presidential election later in the year.
https://youtu.be/IZmiweJ8Hgk...
