Risk appetite reverses as reality check takes hold of US markets following the FED
Risk appetite reverses as reality check takes hold of US markets following the FED
https://youtu.be/Y1BkkE0ZPUA...
No market trades in isolation, they are all connected by one thing – risk
No market is an island, they are all connected by one thing which is risk. Money chasing higher risk for higher reward, or lower risk for lower reward and it is this simple balance that dictates which currency pairs will rise and which will fall. Forex sits at the heart of it all as it is the gateway where assets are converted to cash and then moved on into other markets.
https://youtu.be/E1_IsO1ajhQ...
Volume price analysis reveals the true picture ahead of the polls
Volume price analysis reveals the true picture ahead of the polls.
https://youtu.be/ncdNcTLBKVk...
The starting point for your forex trading day – the currency dashboard
Not sure where to start when you settle at your trading screen ahead of another forex trading session? The answer is to start with the currency dashboard from Quantum Trading which gives you a complete window on the world of currencies. Start with the currency strength indicator which reveals those currencies which are moving strongly, those which are in congestion, and those which are overbought or oversold. From there it's off to the charts to analyze the price action and associated volume. Then on the currency matrix for sentiment across the complex, followed by the currency array which reveals those currency pairs which are trending strongly and moving to overbought or overbought conditions. And finally to the currency heatmap for an assessment of the trend across the timeframes and for some longer-term reversal opportunities on the ranking ladder.
https://youtu.be/XsLiEzOvFe8...
If you’re struggling to understand the different types of trends, then struggle no more – all explained here
Forex traders, and indeed traders in general talk about trends and group a price move higher or lower as one and the same. But in fact, as with all price action, trends move in very different ways and it pays to understand what type of trend you are considering joining. In this video from the forex webclass we explain all you need to know and which will help you in your forex trading.
https://youtu.be/f-hdUOtp1F8...
AUD and GBP in focus at the start of the London forex session
As we begin another weclass at the London forex open, here it’s the Aussie and the British pound in focus as I take a look at there slower timeframe charts for these two currency pairs.
https://youtu.be/yLrJ8SNNNiE...
Using time and non time based renko charts on MT5 to trade the GBP/USD currency pair
In the third part of this morning’s webclass I take a look at the GBP/USD pair and explain how to trade it using time based charts and volume price analysis and non time based charts in the form of the renko for MT5.
https://youtu.be/GKOs1qwvApE...
What the currency strength indicator reveals in multiple timeframes
In the second part of this morning’s webclass David explains how to use the currency strength indicator in multiple timeframes and what it reveals to help you understand the price cycle of mean reversion.
https://youtu.be/qBiOZRhoe-s...
How to select the best currency pair with the strongest trend
How to select the best currency pair with the strongest trend using the currency majors matrix. Here we focus on the USD and see which pairs are trending and which are not, but more importantly why using the currency strength indicator.
https://youtu.be/Aw7JkbduSBE...
Using the renko indicator on MT4 or MT5 to find trades in forex
In this video we explain how to use the renko indicator on MT4 or MT5 to find trades as a scalping trader in forex. The renko chart is a perfect way to trade as it reveals the momentum in the market, something you never see on a time based chart. The reason for this is that a renko chart is not based on time, but on the size of the brick. This is what governs the open and close of the brick and once this metric has been met, the renko brick is closed and moves on to build the next.
https://youtu.be/f_A9AyyJ7fs...
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