currency array – Page 11 – Quantum Trading

MT5 currency matrix delivers a great eur/jpy trade!

September 25, 2018 by Quantum Trading Comment Closed

https://youtu.be/JQuxJBCsZEs In this video we focus on the currency matrix and how to use it in combination with the currency strength indicator. In this example from early in the London session bullish sentiment for the euro drives several pairs but the euro yen really does deliver, and we return to follow the price action later in the morning, as this pair continues to rise strongly. A fantastic example and supported of course by the Quantum currency strength indicator and the other tools and indicators on the charts themselves. Understanding universal sentiment and flow is key to currency trading success, and the currency matrix indicator for MT5 delivers, visually and clearly in all time-frames showing you instantly which pairs are rising strongly and which perhaps are not following the general market sentiment....

August 23, 2018August 23, 2018 by Quantum Trading Comment Closed

https://youtu.be/nPZJa2zqzxA A great session this morning with David and myself and we started with the EUR/AUD which has been rising strongly for the last few days, and one of the lessons from our private trading chat room where we support our forex education program members. This was an example of an annotated chart of the EUR/AUD posted in the forum in real time and explaining some of the key VPA lessons. One of the hardest things to do in trading is to stay in a trend once a position begins to develop into profit, particularly when the trend pauses and starts to pull back or reverse. This happens in all timeframes and is when the market pauses and moves into congestion. So how do we know whether this is a true change in the primary trend, or simply a move into a secondary trend before re-establishing the primary trend once more, and this is where volume price analysis steps in. This is...

Euro dollar bears in control on the fast charts and currency array

August 20, 2018 by Quantum Trading Comment Closed

https://youtu.be/8CNbdPQ_fow The euro has been selling heavily in the early part of the London trading session, with the currency array indicator displaying this clearly on the 15m timeframe. The only pair lagging is the EUR/CHF, with all the other pairs neatly stacked at the bottom of the ranking ladder and now offering potential reversals from the over sold condition on the faster timeframe. The chart alongside for the EUR/USD reflects this bearish sentiment and here we have the accumulation and distribution indicator displaying the various levels of potential support and resistance. The indicator works on the price action and signals those areas where levels have been tested from above and so are likely to act as support, and those where price has been tested from below, and therefore likely to act as resistance. And of course for reversal traders this is a great time to spot those phases where a currency or currency pair is heavily overbought or oversold. Here the euro...