In falling markets one of the great signals we always look for as forex volume traders is the candle highlighted on the chart, and is often an excellent re-entry signal to any trend if you have missed an opportunity higher in the trend. And the signal is simple and clear. Price weakness as denoted with the deep wick to the upper body of the candle, but associated with high volume. The market has tried to rally on excellent volume but closed lower on the day. Clearly the market makers are selling into weakness and therefore we can expect the trend lower to continue. You can join me in my free forex webclass where I explain this and other principles of volume price analysis which you can then apply to your own trading - join here http://bit.ly/3cB64cH...
All about sentiment at the London open of the forex session and a classic example of the importance of understanding the relational analysis which I cover in the complete forex education program which you can find here at https://quantumtradingeducation.com
https://youtu.be/kVPOzMjFESo...
Some great trading action across the markets, and with volume price analysis and the Quantum Trading tools and indicators helping to get you in and keep you in.
https://youtu.be/5_unRah3gSA...
The Japanese yen was much in demand in early trading in the London forex session, as overnight concerns of the Chinese virus sent Far East and Asia equity markets lower. This followed through into Europe and London with markets falling. As a result the commodity currencies were much in focus on the currency strength indicator and currency matrix, followed by pound buying later in the session.
https://youtu.be/deUta3lFhno...
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...
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 quiet session with the US markets closed for Thanksgiving, but nevertheless an interesting forex session with the currency strength indicator and the volume point of control indicator in focus.
https://youtu.be/ZLpJSmQTFLg...
In this webinar we show you how to use the Quantum Trading tools and indicators to trade the futures markets and in particular the emini indices.
https://youtu.be/ulvl0hAV9Z0...
In the London forex session we show you how to apply the Quantum Trading indicators to trading forex using the MT4/MT5 and NinjaTrader platforms.
https://youtu.be/1q-G2qm3eZI...
