The volume point of control takes centre stage on the US indices!

The volume point of control takes centre stage on the US indices!

In the US session for day trading the index futures, once again it was patience that was required in abundance as we waited for the inevitable breakaway which duly arrived later in the day. The primary indicator in this session was the volume point of control which as always gives a visual representation of the region of price agreement, with no bias in sentiment. This is the fulcrum of price action and works in all timeframes, denoting the heaviest concentration of volume on the price chart, combining as it does volume, price and time. Any move away from the volume point of control is then confirmed with the linear price volume relationship as Wyckoffian principles then apply and confirm any subsequent move as genuine or false. The volume point of control on the NinjaTrader platform works in all timeframes and for all markets, and sits at the point at which volume is at an extreme. The associated volume histogram then highlights high...
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Oil delivers….again, and again, and again….

Oil delivers….again, and again, and again….

It's often hard to find trading opportunities which just deliver, and keep delivering, but for oil this has been the case over the last few weeks, and this was no different yesterday, with the WTI futures as the price of oil fell once more, and offering straightforward, low risk, high return trading opportunities in all time frames. The primary decision trading decision here is the number of contract to trade, with the time and non time based charts providing those key insights to maximize returns. And here, it really is a case of make hay while the sun shines. These fantastic trading opportunities don't come along every day, and until OPEC moves and potentially introduces supply cuts, this bearish momentum looks set to continue, but as always it will be volume which reveals any turn points or primary reversals in due course. So enjoy the ride lower! https://youtu.be/YRj70Ia-HEo...
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Great forex session with the GBP/AUD, the GBP/JPY and the AUD/JPY all in focus

Great forex session with the GBP/AUD, the GBP/JPY and the AUD/JPY all in focus

A great forex session this morning in the live webinar with David and myself, and one where we were spoilt for choice in terms of trading lessons and also trading opportunities. The pairs we chose were the GBP/AUD on the MT5 platform and the AUD/JPY on the NinjaTrader platform, before moving to look at the GBP/JPY later in the webinar and of course all analysed through the prism of volume price analysis and the Quantum Trading tools and indicators. For the GBP/AUD is was a case of further heavy selling in this pair and reflected in the time based charts supported by the MT5 renko chart. As always the currency strength indicator signalled the strength of the move and again using multiple timeframes giving the clear signals we need to select the currency or currency pair for further analysis. One of the keys to success is in applying volume price analysis which then helps to identify whether a reversal is...
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Volume price analysis tips for day trading stocks on NinjaTrader

Volume price analysis tips for day trading stocks on NinjaTrader

https://youtu.be/ABhHFzTn87M A great session with Anna and David of Quantum Trading as they explain how to get started day trading stocks using the NinjaTrader platform. In the webinar they check out some of the great sites to use for filtering stocks, and then focus on one or two which meet your day trading criteria. One such example was Acorda Therapeutics with the ticker ACOR and which despite the recent sharp move lower offer an excellent trade to the long side in this session. Using a combination of timeframes and the Quantum Trading tools and indicators on the renko and tick charts all combined to deliver an excellent return and all underpinned by volume price analysis....
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Camarilla Levels Indicator For NinjaTrader 7/8

Camarilla Levels Indicator For NinjaTrader 7/8

We will shortly be launching the Camarilla Levels indicator which will be available for both NinjaTrader 7 and NinjaTrader 8 and following the succesful launch last month for MT4 and MT5. The indicator is based on the original concept of floor pivots which were popular with floor based exchange traders. The Camarilla levels indicator presents six levels from R1 to R6 and from S1 to S6 with the range between R1 and S1 then designated as the buffer zone. As the price action moves from the various levels and tests other, signals are then delivered by the indicator which help to advise traders of forthcoming potential setups as follows and to suit your trading tactics: Reversal Trading For reversal trading the key levels to watch are S3 and R3. These are levels which when approached signal potential reversals. So when price is approaching and tests the S3 level below the buffer zone, a reversal to the upside may be on the horizon....
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Terrific trend on the EUR/AUD this morning

In this morning's forex trading session with Anna and David, one of the currency pairs they focused on was the EUR/AUD, which was the strongest performing currency pair in the currency matrix. The 60 minute currency strength indicator confirmed the longer term position, with the euro (the orange line) climbing strongly towards the overbought region on the indicator, with the Aussie dollar ( the blue line) moving firmly towards the oversold region in this timeframe. The 5 minute chart alongside reflects the trend, with the trend monitor maintaining the bullish picture, and only moving into a transitional color during the minor congestion periods. The trend monitor sister indicator,  the trend dots completes the picture and highlighting these congestion phases in advance. Volumes throughout the move were in agreement and confirming the bullish sentiment for the pair with the accumulation and distribution indicator on NinjaTrader, highlighting the keys areas of support and resistance. The support platform at 1.4252 held firm during the...
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