Some great trading lessons in the US trading session and a terrific move lower on gold with the precious metal selling off hard and wiping out the gains of the last few days. As always markets generally fall faster than they rise which is one of the advantages of trading the short side of the market. And whether you're a more experienced trader or just getting started, these are some of the lessons you need to learn quickly in order to progress as a trader.
https://youtu.be/Rd07YedpVz0...
Session crossovers occur each day at precisely the same time in the forex market and provide another perfect opportunity for the market makers to play their tricks on unsuspecting traders. These are the points at which one major trading centre opens taking over from another or joining it, and in either case these are times when you may see changes or pauses in trend, and whilst the forex market is one which trades on a twenty four hour basis, the sessions then break down into four hour cycles. So when a strong trend develops during London for example, this may often weaken or reverse as the US session begins as was the case here and of course confirmed by volume price analysis.
https://youtu.be/8mRH8f2bvjg...
In this video from the forex webclass we explain how to enter a trend once it is underway and using multiple timeframes. The problem many forex traders have is deciding when to enter a trend, fearful they are simply chasing price. But if you apply multiple timeframe analysis and using the Quantum Trading indicators, in particular the trends and trend monitor indicators, you will have a clear insight into when the trend is pausing or reversing, or whether it is set to continue.
https://youtu.be/wjSGt-Ds7NU...
Congestion phases are the most important part of any price chart since this is where trends are born, and to succeed all we have to do is be patient and wait for them to break away. This is where volume steps in to confirm the trend away.
https://youtu.be/J8UM_9HCQvA...
With risk-on sentiment in evidence this morning as the London forex session gets underway, we focus on the Aussie yen pair as a proxy for risk with a steady move higher as US indices rally once more on GLobex.
https://youtu.be/6yJEyokY0zI...
The breakaway trade often gets a bad press due to fakeouts, but if you are a volume trader this is not a problem, as volume reveals the truth behind the price action and therefore whether a move away from the congestion phase is true or false.
https://youtu.be/6qIuxT8UO5M...
Discover how to identify anomalies when day trading emini futures and in this video we focus on the YM Emini, the NQ Emini and the ES Emini index futures.
https://youtu.be/XqNSZogtL7I...
In this vidwo we take a closer look at the NQ emini and apply the volume price analysis methodology to analyze the daily chart for the futures contract.
https://youtu.be/Q9FQ5sSrX5c...
Many traders rely on price alone to forecast future direction, yet this is only half the picture, a two dimensional one at best. What volume does is provide a three dimensional view of the chart and what is going on behind the price action. It removes the cloak of secrecy which is used by all the insiders to hide their activity. With volume they cannot hide and as volume traders all we need to do is follow them. Buy when they buy, sell when they sell and stay out when they do - it's that simple.
https://youtu.be/OOl83EVD6zA...
