The power of the volume point of control indicator for MT5
https://youtu.be/eh5UCuQBrN4...
VPOC indicator in focus as forex markets consolidate
Forex markets calm as the US trading session gets underway, with the pound moving sideways following the strong trends of earlier in the day. At such times, volume price and time then combine as the volume point of control indicator for MT5 reveals the fulcrum of the market.
https://youtu.be/FWQH71BXcvI...
Follow through into the US session as the trends continue from London
The trends in the London forex session continued throughout the morning and into the US forex session with the GBP/NZD in focus. We also take a look at commodity currencies and support and resistance using both MT5 and the NinjaTrader accumulation and distribution indicator.
https://youtu.be/cL_tbBavRjo...
How to use the currency dashboard and much much more!
Another excellent session in the London forex markets as we explain how to use the currency dashboard and the components of the currency strength indicator, the currency matrix, the currency array and finally the currency heatmap.
Then we cover some great volume price analysis lessons on the GBP/JPY and the EUR/JPY, with the volatility indicator in evidence as always!
https://youtu.be/F97OuXpR7ws...
Price and volume levels using the accumulation & disctribution indicator & the volume point of control
An interesting session where levels were all important with the NinjaTrader accumulation and distribution indicator highlighting these perfectly for us. This is from a price perspective, whilst the volume point of control considers support and resistance from a volume price time perspective.
https://youtu.be/8Jd44QZ0y6M...
EUR/USD ahead of ECB and Draghi
Where next for the EUR/USD ahead of the ECB rate decision and press release as Draghi's tenure comes towards a close, and with the eurozone moving into possible recession.
https://youtu.be/7sgVyKTaC0g...
The volume point of control takes centre stage on the US indices!
In the US session for day trading the index futures, once again it was patience that was required in abundance as we waited for the inevitable breakaway which duly arrived later in the day. The primary indicator in this session was the volume point of control which as always gives a visual representation of the region of price agreement, with no bias in sentiment. This is the fulcrum of price action and works in all timeframes, denoting the heaviest concentration of volume on the price chart, combining as it does volume, price and time.
Any move away from the volume point of control is then confirmed with the linear price volume relationship as Wyckoffian principles then apply and confirm any subsequent move as genuine or false.
The volume point of control on the NinjaTrader platform works in all timeframes and for all markets, and sits at the point at which volume is at an extreme. The associated volume histogram then highlights high...