Trading gold using volume price analysis
A great example of a breakout trade on gold with volume price analysis then confirming the move higher for the precious metal.
https://youtu.be/W9PQFeo71YU...
Learn how to apply volume price analysis for trading commodities
Some great volume price analysis lessons in commodities for both oil and gold futures.
https://youtu.be/kOAfUnm-BuU...
Volume price analysis lessons on the GBP/JPY daily chart
Two volume price analysis lessons in one here on the daily chart for the GBP/JPY. First we see rising price and falling volume as the rally of late March stalls as a result. This is an anomaly as we should expect to see rising prices supported with rising volume if the trend is to develop with real momentum. Then we move into the congestion phase. Note the fall in volume as price action narrows and trades around the volume point of control. Now all we need to do is wait and be patient. The breakout will come in due course, and be confirmed as genuine or false with volume.
Discover more about the Quantum Trading tools and indicators at https://quantumtrading.com...
Volume price analysis gives you all the signals and supported by the trend monitor indicator
It's been a wonderful trading session this morning with cable falling strongly since the start of the London open, following an extended period of congestion with the volume point of control strongly in evidence. Then the breakaway develops with a strong signal of weakness and confirmed with the candle which follows on high volume. Price and volume are in agreement. A re-entry signal then gives those traders who missed the initial signal a perfect opportunity. And just to confirm the pair are now trading at 1.2260.
In addition, note the resistance overhead with the accumlation and distribution indicator and the red dashed line which confirms the strength of resistance in this area and adds further weight to the weakness. Finally note the trend monitor indicator which remains red and bearish throughout.
You can discover more about this powerful methodology in The Complete Forex Trading Program...
Trading a breakout from congestion using volume price analysis
A nice congestion phase building on the 5m chart for the GBP/JPY and one which introduces several elements of volume price analysis. First we have support and resistance here we see a strong region of resistance building with the red dashed line. This is on the accumulation and distribution indicator which displays graphically the strength of such regions. In other words the thicker the line, the stronger the region, so a strong ceiling of resistance building at 129.75. In addition we are also trading at the volume point of control at 129.52. This is the fulcrum of the market at present with no bullish or bearish bias. In other words the market is in price agreement where we have the heaviest concentration of volume. The key now is to wait for the breakaway from this region which will come - it's a question of being patient and waiting. And on the move away we then move to consider the volume...
Wow – what a day!!
An extraordinary day for intraday traders as risk-off sentiment took hold, driving the markets with momentum, and creating a perfect storm. For scalping and intraday traders the biggest problem was in deciding which instruments and markets to trade with a myriad of opportunities in all timeframes. As always volume price analysis provided all the signals supported by the Quantum Trading tools and indicators.
https://youtu.be/70Rv2WGTF80...
The souffle effect for US indices!
US index futures reacted to more news from the Trump Twitter handle which created the price action we have seen so many times before. A rapid move in one direction followed by an equally dramatic move in the opposite direction not long after. It's what we call the 'souffle' effect for this reason, and is one to watch out for in all markets as it offers terrific two way price action in a relatively short space of time. And of course, all confirmed with volume price analysis and the indicators.
https://youtu.be/2owPUT8RGMc...
Only one currency in focus in the London forex session!
There was only one currency in focus this morning as the country goes to the polls today on one of the tightest general elections we have seen for decades. Ahead of the London forex open, the GBP was being bought but as so often occurs at session crossovers, the trend higher on the GBP/JPY was reversed with the pair moving lower. The volatility indicator was much in evidence as was the volume point of control across the various timeframes, and coupled with the price based support and resistance indicator and accumulation and distribution indicators, defined clear levels of support and resistance.
https://youtu.be/6nWciiv78bM...
A perfect week of trading!
The first three days have delivered a perfect start to the trading week and one we explain in the video where the GBP is once again in focus ahead of the election next week.
https://youtu.be/5-3PyYP_mGQ...
A morning for the volatility indicator and the volume point of control!
With the forex markets in a febrile state as the trade talks between the US and China continue to rumble in, it was a morning where the volatility indicator and volume point of control indicators from Quantum Trading were much in evidence. And not only on the currency markets but also on Globex for the indices which reflect this ebb and flow in risk sentiment which in turn is mirrored in risk assets and risk currencies.
https://youtu.be/jC52yYZ4biA...