Wall Street was in sombre mood following the explosive move the previous day, where risk on sentiment dominated. Equity markets surged and risk currency sold off strongly and reflected equally in bond markets and yields.
https://youtu.be/3vSK4HSoHDU...
Volume price analysis is a universal methodology that works in all timeframes from the fastest to the slowest, and yesterday's US trading session was a classic example as futures traded sideways following the explosive surge higher of the day before. At such times it's a case of moving to the fastest timeframes to scalp out the trades and here we saw opportunities in index futures, and commodities.
https://youtu.be/w88ZIuWlYeQ
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https://youtu.be/eTzGuOT6Ajw...
This was a red-letter day in every respect with positive news about a vaccine for COVID driving the markets into a frenzy as risk on dominated for much of the day. Leading the way were the yen currency pairs in the yen matrix, surging higher in all timeframes and mirroring the price action in equity markets. And of course, all confirmed through the prism of volume price analysis.
https://youtu.be/DhnFdRwCy6s...
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...