Levels and flow using the Camarilla levels indicator
Learn how to apply the Camarilla levels indicator for NinjaTrader for both futures and forex.
https://youtu.be/2q08jV05BcY...
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...
How to use the currency matrix and currency array together
https://youtu.be/jD1PDzyp090...
More great trading on the Aussie dollar and the British pound
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...
Using the Quantum tools and indicators in the London forex session
A shorter session than usual for technical reasons, but nevertheless some great price action as the London forex markets open.
https://youtu.be/fw0LcOh9mwo...
Timing using the currency strength indicator and the currency matrix
Trading success is all about timing and here we use the currency stregth indicator and the currency matrix to explain the principles.
https://youtu.be/LMgQgIjTpPM...
https://youtu.be/nPZJa2zqzxA
A great session this morning with David and myself and we started with the EUR/AUD which has been rising strongly for the last few days, and one of the lessons from our private trading chat room where we support our forex education program members. This was an example of an annotated chart of the EUR/AUD posted in the forum in real time and explaining some of the key VPA lessons. One of the hardest things to do in trading is to stay in a trend once a position begins to develop into profit, particularly when the trend pauses and starts to pull back or reverse.
This happens in all timeframes and is when the market pauses and moves into congestion. So how do we know whether this is a true change in the primary trend, or simply a move into a secondary trend before re-establishing the primary trend once more, and this is where volume price analysis steps in. This is...
Watching the euro
Following last week's turbulent price action, no surprise that today the markets have been a litte muted with the added bonus the Shanghai Composite only fell 5% in overnight trading. And with Japan closed for it's annual Coming of Age Holiday even the Nikkei could take a day off!
Meantime last Friday the euro was the currency to watch as it ended the trading week on a burst higher against most of its counterparts, and posting very positive candles on the daily charts. However, despite an early follow through today's trading session for the euro has been marked by some great trades to the short side, in particular against the USD, the Aussie, GBP, NZD & CAD.
The euro daily matrix illustrates this perfectly with the eur/usd, eur/gbp/ & eur/aud all exhibiting similar price action. The exception had been the eur/nzd, but here too the euro appears to be moving back to test the VPOC (volume point of control) at 1.6420.
Against the...
Kiwi roaring higher on the currency strength indicator
Good to see the Kiwi on a bit of tear (the white line on the currency strength indicator), but comes as no surprise given how oversold it was at the end of last week. We've been tracking the NZD/USD which has had a huge move higher overnight & broken through the VPOC on the daily chart and is now touching the 100 ma.
As we mentioned in yesterday's webinar although December price action can often seem erratic, it can nonetheless offer some great trading opportunities. And those of you who come along regularly to our webinars will know David & I are great fans of both the Kiwi and Aussie! You can register for the trading webinars here.
The hourly currency strength indicator is showing some great potential set ups. Have a great trading day....