Trading the currency of first reserve with confidence using volume price analysis

Trading the currency of first reserve with confidence using volume price analysis

In this segment from the forex trading session this morning we focus on the currency majors and explain how to use the spot markets and futures markets to identify flows, and also reveal different relationships using volume price analysis. And late in the session we pick up a nice reversal trade which is signalled with strong buying volume and the currency which is heavily oversold on the currency strength indicator. https://youtu.be/NrF8j0XGJjg...
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All eyes on the US dollar as the US election looms

All eyes on the US dollar as the US election looms

As the currency of first reserve and with the US election now on the horizon, the US dollar is likely to take centre stage for the next few weeks. This week alone there are eighteen speakers from the FED giving their own views and with the recent death of Ruth Bader Ginsburg, this has certainly stirred up the contest for the White House. From a technical perspective, the US dollar has been in decline for some time and well off the highs of May at over 100. However, the congestion phase now building on the daily chart between 92 and 94 is developing into a potential platform for a strong reversal in due course and potential to return to this level once more, which will be damaging for risk assets such as US equities. https://youtu.be/yV4ARqhmvt8  ...
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Volume price analysis reveals the reversal on the YM emini future

Volume price analysis reveals the reversal on the YM emini future

https://youtu.be/vvfVqOboS3w Volume price analysis reveals the truth behind the numbers and as US futures wait for the FOMC release later, here we find one on the faster timeframe charts for the YM emini and one which is confirmed with the volume point of control across multiple timeframes. How Does Volume Price Analysis Help Me Identify Reversals on the YM Emini Futures? Volume Price Analysis (VPA) is a powerful method for spotting reversals in fast markets like the YM Emini futures (Dow Jones). It combines price action with trading volume. This reveals true market intent. High volume at extremes often signals turning points. Low volume warns of traps. VPA helps you identify reversals early for high-probability trades. Key VPA Reversal Signals on YM The YM is volatile but liquid. VPA shines here: Divergence: Price makes new high/low. But volume falls. This shows exhaustion—buyers/sellers fading. Reversal likely. Stopping/Climactic Volume: Ultra-high volume at extremes halts the move. Buyers absorb selling (bottom) or sellers overwhelm buying (top). Low Volume...
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Why we have seen divergence in the US indices and more trading lessons using volume

Why we have seen divergence in the US indices and more trading lessons using volume

https://youtu.be/IZmiweJ8Hgk Why We Have Seen Divergence in the US Indices and More Trading Lessons Using Volume Divergence in US indices has caught attention recently. Major benchmarks move differently. Nasdaq surges on tech strength. Dow lags with industrial weakness. S&P 500 sits in between. This relational split reveals underlying market dynamics. Over the last few months, there has been a considerable divergence between the Nasdaq 100 and the two primary indices of the Dow Jones and the S&P 500. There is a reason for this which I explain before David takes over with more volume lessons on gold and oil as markets wait for the FOMC release due later. What Causes Index Divergence Divergence often signals shifting sentiment. Sector rotation plays a role—money flows from one group to another. Economic data or earnings drive it. Volume price analysis (VPA) uncovers the truth. High volume in leading indices shows conviction. Low volume in laggards warns of exhaustion. VPA Lessons from Divergence Volume price analysis teaches key lessons here....
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How to identify reversals using the VPOC on NinjaTrader

How to identify reversals using the VPOC on NinjaTrader

In the final session from the London forex trading session I explain how to use multiple timeframes and the VPOC indicator for NinjaTrader to identify potential reversals, and in this example I focus on the GBP/AUD. https://youtu.be/QjY09OjySyk...
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Assessing risk and reward the correct way!

Assessing risk and reward the correct way!

https://youtu.be/x-kqt_w8qUQ Assessing Risk and Reward the Correct Way! Many traders insist on fixed risk-reward ratios like 2:1 or 3:1. This seems simple. But it's often nonsense. Rigid rules ignore market context. Volume price analysis (VPA) offers a better way. Let the chart decide risk and reward naturally. Many traders talk of risk and reward and the fact they do not take a trade unless there is a 3 to 1 risk reward ratio or 2 to 1 - but how do they know, and does the market actually care what they need or want! There is a simple and logical way to assess the risk on each trade, and any potential reward by studying the chart and from there deciding whether to take the trade or not. The chart will reveal in multiple timeframes what is ahead and therefore likely to offer support or resistance, or where the market is likely to congest. Then and only then can you make a decision based...
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How to start your forex trading day on MT5

How to start your forex trading day on MT5

https://youtu.be/XsLiEzOvFe8 How to Start Your Forex Trading Day on MT5 Starting your forex trading day on MT5 sets the tone for success. A consistent routine builds discipline. Begin with preparation. Review overnight news and economic calendar. This avoids surprises in major pairs. At the start of the London forex trading session I explain how I use the currency trading dashboard for MT5 and the steps to follow in highlighting the opportunities ahead for the session. The currency dashboard comprises the currency strength indicator, the currency matrix, the currency array and finally the currency heatmap. All have a part to play and I start with the currency strength indicator which is our radar on the market and not hard to understand why. 1. It breaks the forex market down into the building blocks of the market – in other words the currencies themselves 2. This is always the place to start with any analysis of the FX market – the individual currencies – it reveals individual...
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Day trading index futures using the NinjaTrader platform

Day trading index futures using the NinjaTrader platform

A nice short on the YM emini index which was against the bullish daily trend and reveals the power of volume price analysis which will give you the confidence to take such trade against the dominant trend. https://youtu.be/pC9u7nYWSpc...
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Risk on or risk off? What does it mean and where is it best described?

Risk on or risk off? What does it mean and where is it best described?

Markets move on risk appetite, short and simple. Risk on and risk off describes the flow of money as it moves from one market to another. But which charts and indices best describe risk and market sentiment? https://youtu.be/AbPghOlY6Ao...
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Forex trading success is all about choosing the right currency pair for a strong trend

Forex trading success is all about choosing the right currency pair for a strong trend

https://youtu.be/rS6hgiODSCA Forex Trading Success Is All About Choosing the Right Currency Pair for a Strong Trend Forex trading success depends on one key decision. Choose the right currency pair. Focus on those with strong trends. This maximizes reward while minimizing noise. Random pairs lead to chop and frustration. Forex trading success is all about choosing the right currency pair and the starting point is the currency strength indicator. Here strength and weakness in the individual currencies is revealed simply and clearly which is why we call it out sonar on the market. Like the device trawlers use to locate shoals of fish, so we use it to identify reversals and strong trends in the building blocks of the markets - the currencies themselves. However, when a currency is rising or falling strongly, this does not mean it is doing this across the complex, and so we are constantly looking for the a strong move for the counter currency in the opposite direction. So if...
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