A very busy day for news and risk events that started in the Asian Pac session with an interest rate decision from New Zealand's central bank, the RBNZ, and which ended with the release of the FOMC minutes. David & I cover how we can approach such days when volatility will be high and likely to be exacerbated by the summer's lack of liquidity. We also consider the Currency Heatmap in detail and how we can use the indicator for both intraday and longer-term trading. David also explains the unique features of Tradingview Heatmap that allow traders to configure their own timeframes.
https://youtu.be/7HeHoUriok8
...
Plenty of great trades in the yen, US dollar and Swiss franc as risk on dominates following the FED and ahead of the BOE and ECB decisions as we come to the end of the trading year, US markets determined to end the year on a high!
https://youtu.be/imLeoPSMQk4
...
When it comes to levels and flow trading forex, check out the Camarilla levels indicator. Trading forex is all about levels and flow and one of the most powerful indicators to do the heavy lifting of defining these for us is the Camarilla levels indicator. In addition on both TradingView and NinjaTrader we also have the accumulation and distribution indicator - another excellent tool which can be used in conjunction with the Camarilla levels indicator.
https://youtu.be/7D3oZxmvRdI...
Currency futures and index futures really delivered in the US sessions ahead of the key FOMC release later in the day with the US dollar rising strongly and indices falling in Globex. On Tradestation GLobal using 9.5 and the Interactive Brokers feed this was all too evident across currency futures with a sea of red on Radarscreen.
https://youtu.be/MoxHDQW7sV4...
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...
