Using the renko optimiser for NinjaTrader with the Camarilla levels indicator
Congestion phases explained and how to use the renko optimiser indicator with the Camarilla levels indicator
https://youtu.be/vA5loTWCOvs...
How to use the currency array indicator in multiple timeframes
https://youtu.be/6IYlqoyNcrk...
Currency flows and how to identify them across the currency pairs
https://youtu.be/ysvzRitikTo...
How to use higher and lower timeframes to help identify trends
In this video from the webclass of the London forex session Anna exlains how to use higher and lower timeframes to help identify trends.
https://youtu.be/69-sTBnGEm0...
Aussie dollar leading in early trading
The Aussie dollar is one of the risk currencies driving the forex market as the London forex session gets underway.
https://youtu.be/3B5G3wYeYTg...
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...
EUR/CAD in focus at the start of the London forex session
https://youtu.be/s_mq2pBO4f8...
Plenty of trading opportunities this morning in the forex markets
Plenty of trading opportunities this morning in the forex markets
https://youtu.be/YSnxi13pA10...
Sentiment revealed across the markets at the London forex open
US indices lead the way on Globex as the London forex session began with sentiment changing. As a result the VIX fell with indices rising and strong selling of the Japanese yen.
https://youtu.be/svEykuvd-J8...
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...