Day trading the ES emini on tick charts and tickspeedometer delivers solid profits

Day trading the ES emini on tick charts and tickspeedometer delivers solid profits

An interesting session for US indices where despite the relatively narrow price action, the tick charts delivered some solid trading profits for intraday scalping traders. The focus in this session was on the ES emini, the most heavily traded index, and using tick charts in combination with the Ninjatrader Tickspeedometer indicator. This approach delivered some solid results despite the fact markets were waiting for FED chair Powell to deliver a speech to the Economic Club of Washington DC, with a question and answer session to follow. It was no surprise to see markets trading in a relatively tight range, but nonetheless delivering for the emini scalping trader. https://youtu.be/5D7MM3Ffik8...
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Potential reversals now ahead after the storm of last week!

In this morning's forex session we looked at some of the interesting setups now on the horizon using the longer term perspective of the currency heatmap. The currency heatmap can be viewed in much the same way as the currency strength indicator. For the heatmap, we consider pairs rather than currencies, and a great way to use the indicator is to look for the extremes as potential reversals, and with the yen now weakening following the flash crash, and coupled with a shift in risk sentiment, these now look good prospects for the longer term. At the other end of the ladder, we have several euro cross pairs to consider. And all, of course, confirmed with volume price analysis and the Quantum Trading tools and indicators for MT4/5 and NinjaTrader - and more recently TradingView. https://youtu.be/cfzpUT701Dk...
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2019 starts with a bang! But volume price analysis reveals the truth behind the price action

2019 starts with a bang! But volume price analysis reveals the truth behind the price action

If there was one word to define the end of 2018 and the start of 2019, that would be......volatility. Over the holiday period and at the start of the new trading year we have seen extreme and volatile moves across the markets. First was the biggest single-day points gain ever for the DOW which climbed over 1000 points. Astonishing by any standards, even in a 'normal' session and not one sandwiched between two holidays. Next came the flash crash for currencies with the yen pairs plunging several hundred pips in minutes, only to recover equally quickly over the next few hours. And all of this price action given further impetus from the thin liquidity and low volumes. Both these moves were associated with average volume, and sending a clear and unequivocal signal of traps laid by the market makers and big operators. Volume price analysis as always reveals the truth behind price action and whether the major players are participating in...
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More volume price analysis lessons in the London forex session

More volume price analysis lessons in the London forex session

More great volume price analysis lessons this morning in the London forex session as we focused on the British pound, with further volatility expected as Brexit continues to exert its influence across the complex. But we started with a look at the NZD/CAD on the daily timeframe which continues to remain firmly anchored to the top of the heatmap, as we wait for the pair to weaken and move away from this extreme position. As always, patience is required, and the approach here is the same, whether for the currency strength indicator or the currency heatmap when trading extremes. For the former it is the currencies themselves, and for the latter it is the currency pairs. In either case, patience is required along with wide stop loss positioning and then waiting for the move to develop. From there we moved to the British pound and in particular a move on the GBP/JPY with several signals suggesting a reversal following the initial move...
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The forex libary for volume price analysis

The forex libary for volume price analysis

If you’re serious about succeeding as a forex trader, this box set if for you. It’s the complete forex trading library which explains all you need to know. Four great books in one powerful package and for just $9.99 - available on Amazon now! https://youtu.be/boBwBtRowOQ Grab your copy by clicking the link now...
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Treat yourself this Xmas to A Complete Forex Trading Library – at an amazing price!!!

Treat yourself this Xmas to A Complete Forex Trading Library – at an amazing price!!!

With over 400 five star reviews, this box set is the ultimate foundation library to set you on the right road trading forex with four classic forex trading books. A Complete Guide To Volume Price Analysis This is the place to start with your foundation in volume price analysis. The book explains all you need to know from first principles, and how to apply this powerful methodology to the spot forex market in all timeframes. As forex traders, all we are trying to do is to forecast where the market is heading next. Is there any better way than to use the only two leading indicators we have at our disposal, namely volume and price? Forex Trading Using Volume Price Analysis The second book in the collection takes these principles and using over 100 worked examples, walks you through, step by step with clear annotated charts and supported with a full explanation of the price action and associated volume. Here you will see accumulation,...
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The FED, and the Quantum Trading indicators for short and longer term trading

The FED, and the Quantum Trading indicators for short and longer term trading

In this session, we stressed once again the importance of distinguishing between the signal and the noise from the FED ahead of the FOMC minutes later. Once again we have seen how the Federal Reserve is the most powerful central bank in the world and how its words and actions impact all markets and the global economy. We then focused on the pound in a variety of timeframes, with some great volume price anlaysis lessons in several pairs. Finally we looked at the currency heatmap and the extremes for some longer term trading opportunities. https://youtu.be/6PuiHUClDhM...
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Some great trading lessons on NinjaTrader in all markets

Some great trading lessons on NinjaTrader in all markets

Another great session with all the markets in focus from commodities and indices to stocks. Some great trading lessons here in all markets and timeframes on the NinjaTrader platform and using the Quantum Trading indicators. https://youtu.be/sXhakmOYIDE Indicators from Quantum Trading...
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A great day for trading stocks and indices – & the importance of floating supply

A great day for trading stocks and indices – & the importance of floating supply

Choosing the best stocks for day trading can be tricky and if you choose the wrong ones, it can be tough make money as a day trader. In this session, we cover some of the basics of stock selection for day trading and also highlight one of the key issues which is understanding floating supply. Floating supply is one of the most important factors to consider for the simple reason if the floating supply is small, then volatility is likely to be high as the price can be manipulated by the market makers very easily, or indeed a single large order. The opposite is where floating supply is large and in this case volatility will be reduced as these stocks are harder to corner for the market makers and insiders. This was also a great trading day with the opportunity to make money in all markets, with the ES index falling strongly along with the sister indices of the YM and NQ emini,...
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The power of using multiple timeframes

The power of using multiple timeframes

Using multiple timeframes is one of the keys to trading success and in this morning's forex session we explain why, and using several of the GBP pairs. The reasons are many. First, using this approach reveals how price action in one timeframe, can reveal so much in another. Overlaying two candles is easy, but doing this with several is hard and almost impossible to do quickly. The Quantum Trading indicators for MT5 and NinjaTrader then help, with different signals in different timeframes. One may be signaling a change in trend which is developing, or perhaps a volatility signal is triggered. Finally, the price action itself reveals areas of support and resistance, of deep concentrations of volume which are not apparent on the timeframe of choice. All of these then provide the pieces of the jigsaw, which answer the simple question 'where is the market heading next?' And all underpinned of course by volume price analysis, which again offers powerful insights when applied...
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