Over the last few months, there has been a considerable divergence between the Nasdaq 100 and the two primary indices of the Dow Jones and the S&P 500. There is a reason for this which I explain before David takes over with more volume lessons on gold and oil as markets wait for the FOMC release due later.
https://youtu.be/IZmiweJ8Hgk...
The renko optimizer indicator for NinjaTrader is a powerful indicator in it's own right, delivering the optimatal brick size for all markets and instruments. But when used in this way, it will take your trading to a new level. In the video we explain how.
https://youtu.be/qbgXuQiFh_c...
https://www.youtube.com/watch?v=jodEuvtRGdU
Trading can trigger many emotions including the fear of missing a trade and the fear of a loss. However, with volume price analysis and the Quantum tools and indicators will help traders and investors manage these fears as the methodology and tools anticipate where the market is going next....
This is a perfect example on Cable of a congestion, followed by the breakaway,then comes the trend and now possibly a reversal.
https://youtu.be/HNf0A2Vf1ZU...
Sentiment in the financial markets is expressed as risk-on or risk-off, and following the release of Chinese data overnight, market reaction could best be described as mixed with not universal agreement in risk asset classes.
https://youtu.be/ABAGHm4-Yi0...
The emini micros from the CME are new small size index futures, which are great for those getting started day trading the emini index markets.
https://youtu.be/HhY-z-Js5X0...
https://www.youtube.com/watch?v=MkThi9XkRIE
Combining time charts with a non time based charts such as a Renko can give day traders a huge advantage as they not only highlight smart entries and exits but will also help stay in a trend. The Renko Optimizer takes trading with a Renko chart one step further in that it automatically calculates the optimum pip value for different time frames....
https://www.youtube.com/watch?v=1OYPyDS2J5Q
Even as a day trader it's important not to underestimate the price action and volume on the daily time frame particularly from a volume price analysis perspective when increased buying and selling does not often play out immediately. The NQ was a great example with major buying coming in a few days before a significant move in the index.
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https://www.youtube.com/watch?v=t14k-qi7i54
Using a non time based chart such as a Renko will not only give traders smarter more precise entries but also help to stay in a trade. However, there is an issue in that traders have to guess the value of the Renko brick. However, the Renko Optimizer for Ninjatrader will calculate the optimal value in different time frames. The video explains how to use this indicator in multiple time frames to trade the ES emini contract (futures contract for the S&P500).
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