Another excellent session as the London forex markets open with volatility once again in evidence as the market makers trap traders into weak positions, but not if you understand volume price analysis and have the Quantum Trading tools and indicators.
https://youtu.be/35tB1y11K4I...
In the London forex session we explain how to apply some of the currency trading tools and indicators for MT5 and Ninjatrader on time based charts, before moving to the renko indicator with the trend monitor and trends indicators.
The currency in focus was the euro across the complex with strong moves for the pound and the US dollar.
https://youtu.be/kkPpVhA-AQg...
All the currency indicators working in harmony to identify opportunities for trading the euro at the start of the London forex session.
https://youtu.be/ZbMWkQkb5kY...
Once again it is the power of the volatility indicator which is revealed as the forex markets exploded into life ahead of the London open, with the Japanese Yen and the Swiss Franc selling off sharply, with equally strong buying of the commodity currencies. With the volatility indicator signalling a move outside the average true range, and with indices also spiking them reversing, a strong reversal then took place as expected.
https://youtu.be/_9OzIzwDDdU...
The currency strength indicator and the currency matrix along with the currency array for MT5 and NinjaTrader were much in evidence as the London forex session opened with markets becalmed after the last few days of furious price action!
https://youtu.be/shLddsGu918...
Whether trading forex or any other market, using multiple timeframes is a key element of technical trading, and in the London forex session we show you what you need to consider and issues when using the daily timeframe.
https://youtu.be/YLMlz_a5i80...
Another lively forex session using the Quantum Trading tools and indicators. Look out for some great moves in the GBP/JPY on the renko chart.
https://youtu.be/Er2vDnFR3Xk...
GDP was the big release, but it was new home sales and the PCE data which rattled the markets as a key FED release signals an end to rising interest rates, and the start of the cuts!
https://youtu.be/UN3CH3eaaiI...