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...
As the London forex market gets underway, equity markets signal a reversal in sentiment along with risk currency flows such as the AUD/JPY. It is interesting to note the currency strength indicator on the daily timeframe with the commodity currencies heavily oversold and risk currencies overbought, so setting up for some excellent longer term trading opportunities for the yen currency pairs.
https://youtu.be/HE1j44W55LY...
A nice congestion phase building on the 5m chart for the GBP/JPY and one which introduces several elements of volume price analysis. First we have support and resistance here we see a strong region of resistance building with the red dashed line. This is on the accumulation and distribution indicator which displays graphically the strength of such regions. In other words the thicker the line, the stronger the region, so a strong ceiling of resistance building at 129.75. In addition we are also trading at the volume point of control at 129.52. This is the fulcrum of the market at present with no bullish or bearish bias. In other words the market is in price agreement where we have the heaviest concentration of volume. The key now is to wait for the breakaway from this region which will come - it's a question of being patient and waiting. And on the move away we then move to consider the volume...
Some great trading action across the markets, and with volume price analysis and the Quantum Trading tools and indicators helping to get you in and keep you in.
https://youtu.be/5_unRah3gSA...
In this live webinar we explain how to use the Tickspeedometer and renko optimiser for NinjaTrader for day trading futures in the US session.
Using non-time based indicators such as these is a great way to see market momentum, something you never see on a time based chart. But the problem for many traders is in knowing what values to use with the tick or renko chart. And this is where the Tickspeedometer and Renko Optmiser step in. They both deliver the optimal setting for you automatically so you are alwats trading in harmony with the market.
https://youtu.be/qeA0cNFZxNU...
US index futures reacted to more news from the Trump Twitter handle which created the price action we have seen so many times before. A rapid move in one direction followed by an equally dramatic move in the opposite direction not long after. It's what we call the 'souffle' effect for this reason, and is one to watch out for in all markets as it offers terrific two way price action in a relatively short space of time. And of course, all confirmed with volume price analysis and the indicators.
https://youtu.be/2owPUT8RGMc...
The first three days have delivered a perfect start to the trading week and one we explain in the video where the GBP is once again in focus ahead of the election next week.
https://youtu.be/5-3PyYP_mGQ...
With the forex markets in a febrile state as the trade talks between the US and China continue to rumble in, it was a morning where the volatility indicator and volume point of control indicators from Quantum Trading were much in evidence. And not only on the currency markets but also on Globex for the indices which reflect this ebb and flow in risk sentiment which in turn is mirrored in risk assets and risk currencies.
https://youtu.be/jC52yYZ4biA...
Learn how to use the volume point of control indicator in this live forex session with Anna and David, the founders of Quantum Trading. You can join the live webinars here - join now
https://youtu.be/rc1Bl2mhvTA...
In this webinar we show you how to use the Quantum Trading tools and indicators to trade the futures markets and in particular the emini indices.
https://youtu.be/ulvl0hAV9Z0...
