As we approach the year-end, for forex traders this represents a great time of year with plenty of volatility as volume falls in the run up to the holiday season. But this delivers plenty of excellent trading opportunities and the starting point as always is the currency strength indicator which helps to identify when a currency is overbought to oversold and hence guides you to the opportunities immediately. From there, it's off to the charts, and check out the volume associated with any moves as you look for primary to primary trend reversals.
https://youtu.be/4MuBeRHESJs...
Ahead of the US election, all eyes are on the US dollar. In this video from the London forex trading session we show you how to use the currency matrix to focus on the US dollar for spot and currency futures
https://youtu.be/fwHmbnfqqDI...
There are always traps being laid for the unwary trader, but for students of the volume price methodology these are always very easy to see, and in the London forex session we highlight one on the GBP/AUD on the 10-minute chart which was hard to miss!!A classic trap move on low volume with a nice wide spread up candle....then congestion and the reversal follow. Price action traders would have followed this one higher. Volume price analysis traders would have closed out, and then joined any reversal lower.
https://youtu.be/Ki9Wbj6p7oo...
https://www.youtube.com/watch?v=DLdm6eOAuGY&ab_channel=AnnaCoulling
As forex traders, we need to understand the importance of getting to know your currencies and currency pairs and when they are likely to be moving the most. In this video, we consider how the specialist Quantum forex tools can identify strong flows not only into individual currencies but also currency pairs. And we also explain how the US session has two opens - the start of the US forex session and the open of the cash market when sentiment may be the bigger driver.
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In this video we explain the importance of session crossovers, what they are and why they occur, but more importantly what to look out for at these times as a forex trader. Whilst the forex market is often presented as a twenty-four hour market which technically it is, the times at which a major trading centre joins or takes over from one which closes, effectively breaks these up into four hour or eight hour periods of trading. At such times, the market makers are active and what we often see as here in this example, is a strong trend in one session then weakens or reverses and in this case is it the GBP/AUD which had a fantastic trend higher during the London session, only to reverse in the US session later.
https://youtu.be/8mRH8f2bvjg...
Learn how to identify the best trading forex trading opportunities using the Quantum Trading currency tools and indicators and applying the volume price analysis methodology. The currency dashboard is key to this approach, starting with the currency strength indicator which reveals when currencies are moving strongly higher or lower, or reaching oversold or overbought regions. Then the currency matrix and the currency array step in to reveal the same principles but in terms of the currency pairs themselves. Multiple timeframes also play a key part whether used on the indicators themselves or the charts and this is an interative process moving from one to another to select the best opportunity in your chosen timeframe.
https://youtu.be/S0m3OiUuw9c...
In this segment from the forex trading session this morning we focus on the currency majors and explain how to use the spot markets and futures markets to identify flows, and also reveal different relationships using volume price analysis. And late in the session we pick up a nice reversal trade which is signalled with strong buying volume and the currency which is heavily oversold on the currency strength indicator.
https://youtu.be/NrF8j0XGJjg...
Many traders talk of risk and reward and the fact they do not take a trade unless there is a 3 to 1 risk reward ratio or 2 to 1 - but how do they know, and does the market actually care what they need or want! There is a simple and logical way to assess the risk on each trade, and any potential reward by studying the chart and from there deciding whether to take the trade or not. The chart will reveal in multiple timeframes what is ahead and therefore likely to offer support or resistance, or where the market is likely to congest. Then and only then can you make a decision based on your reading of the chart.
https://youtu.be/x-kqt_w8qUQ...
