A great example of the importance of congestion areas using the GBP/USD and the daily timeframe
A great example of the importance of congestion areas using the GBP/USD and the daily timeframe
https://youtu.be/gkm_Bh43VrU...
The perfect way to day trade stocks, futures, currencies using non time based charts on NinjaTrader
https://youtu.be/HAmSZAuSn_Q
The Perfect Way to Day Trade Stocks, Futures, Currencies Using Non-Time-Based Charts on NinjaTrader
Non-time-based charts offer the perfect way to day trade stocks, futures, and currencies. They remove time noise. Charts build on price movement or ticks instead. This creates cleaner, more accurate signals. Renko and tick charts are favorites on NinjaTrader.
One of the central planks of trading is to use multiple timeframes. But how about using multiple charts for non-time-based charts? Well both are excellent in their own right, so why not combine the two trade using a blend of time and non-time-based charts and this is what we cover in this session! It is the perfect blend to day trade stocks, index futures, currency futures, spot forex or commodities and bonds.
In fact any market and with the Quantum Trading indicator, you have the perfect tools to create such a workspace. First, you have the renko optimizer indicator which delivers the optimal brick size for any market and at...
Understanding support and resistance in forex
In this video we explain one of the key planks of technical analysis and also volume price analysis which is support and resistance. But support and resistance using both volume and price. We are all familiar with using price-based support and resistance but using volume is equally powerful and when used together give a complete picture.
https://youtu.be/-5ra6J0x5lc...
Day trading the US30 on the MT4/5 platform
In the first part of the US day trading session I focus on the US 30 which is a great way to get started trading indices as it does not require a specialist futures brokers account and moves in the same way. And here I also explain the importance of levels and flows which define market sentiment as it moves between risk-on and risk-off in this and related markets. Levels can be defined in many ways and the most common are off course from a price based perspective, but here I also use volume and the Camarilla Levels indicator.
https://youtu.be/GfSU3PZTNcs...
Best reversal trading strategy using volume price analysis
Best reversal trading strategy using volume price analysis
https://youtu.be/ZRvv1FhnqWw...
One of the most powerful ways to stay in the trend
https://youtu.be/vqK2sSiHczk
One of the Most Powerful Ways to Stay in the Trend Using Volume Price Analysis
Staying in a trend is one of the hardest parts of trading. Many exit too early on pullbacks. Volume price analysis (VPA) solves this. It confirms trend strength. High volume on trend-direction candles shows conviction. This lets you ride moves longer.
The problem for most traders is holding a position once the trend is underway. And not to be bounced out in the inevitable round of pullbacks and minor reversals which occur in all timeframes. No trend ever moves smoothly higher or lower without pausing and reversing against you. This is when emotion kicks in, and a decision is taken to close the position at a small profit. The problem is that most traders have several small losses but also few small profits. So the trading account fails to move forward.
To achieve this, profitable trends need to be maximised. This is where volume price analysis steps in...
Assessing risk and reward the correct way!
https://youtu.be/x-kqt_w8qUQ
Assessing Risk and Reward the Correct Way!
Many traders insist on fixed risk-reward ratios like 2:1 or 3:1. This seems simple. But it's often nonsense. Rigid rules ignore market context. Volume price analysis (VPA) offers a better way. Let the chart decide risk and reward naturally.
Many traders talk of risk and reward and the fact they do not take a trade unless there is a 3 to 1 risk reward ratio or 2 to 1 - but how do they know, and does the market actually care what they need or want! There is a simple and logical way to assess the risk on each trade, and any potential reward by studying the chart and from there deciding whether to take the trade or not. The chart will reveal in multiple timeframes what is ahead and therefore likely to offer support or resistance, or where the market is likely to congest. Then and only then can you make a decision based...
Wyckoff’s second law explained
In this video from the London forex trading session and using one of the currency cross pairs, we explain Wyckoff's second law using the GBP/NZD. The principle of the second law is that of time and is described using the terms cause and effect. In other words the greater the cause or time a congestion phase has been building, the more sustained should be the trend once the congestion phase breaks down and the trend develops.
https://youtu.be/v4V3h1jkTkQ...
How to apply volume analysis to related currency pairs and deliver a knockout punch
https://youtu.be/4J7L28BvnBg
How to Apply Volume Analysis to Related Currency Pairs and Deliver a Knockout Punch
Related currency pairs offer powerful insights in forex. They share common currencies or risk themes. Applying volume analysis here reveals true sentiment. This can deliver a knockout punch—high-conviction trades with strong confirmation.
Trading using multiple timeframes is a well-established plank for any approach, but how about using the same timeframe across related markets or pairs? In this video we show you how using the US dollar as an example with a currency majors matrix. This reveals the power of the volume price analysis methodology and how using this approach you can add a further three-dimensional approach to your forex trading.
Step 1: Identify Related Pairs
Start with relational pairs. For example, AUD/JPY gauges risk appetite (commodity + safe-haven). EUR/AUD or GBP/AUD show euro or pound vs. commodity currencies. The currency matrix highlights these connections visually.
Step 2: Apply Volume Price Analysis (VPA)
Volume price analysis (VPA) is the knockout tool. Look for...
The euro falls on ‘good’ news – here’s why!
The agreement between EU member states on the bailout package would normally be perceived as good news by many forex traders, yet the euro has fallen. Here's why and it's all to do with the bond markets and in particular the spreads between Italy and Germany which hold the long term key for the direction of the single currency.
https://youtu.be/Uk2MxuLRCjI...