Support and resistance in the London forex session

Support and resistance in the London forex session

by Quantum Trading Comment Closed
https://youtu.be/Eh0op7e7RIo Support and resistance is a key component of the volume price analysis methodology and in the London session Anna and David use various examples in various timeframes to explain the underlying concepts, and supported with the Quantum Trading tools and indicators for MT4, MT5 and NinjaTrader. In this session Anna and David look at several examples and in particular for the British pound and the euro as we move from the European open and into the London trading session. The pound has been in sharp focus for the last few weeks as Brexit concerns continue and the prospect of no deal with Europe. The longer term trend for the pound remains bearish but for how much longer?...
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Trading gold on the MT5 platform during London session

Trading gold on the MT5 platform during London session

by Quantum Trading Comment Closed
https://youtu.be/Jkkhx3OqLc4 Trading Gold on the MT5 Platform During London Session Trading gold on MT5 during the London session offers high volatility. This precious metal reacts to risk sentiment. London overlap brings liquidity. Moves accelerate early. Traders spot opportunities in XAU/USD. Gold has been very bearish on the longer term charts and in the early part of the London session this has continued on an intraday basis, as we trade gold on the MT5 platform. The Quantum Trading tools and indicators work in exactly the same way for trading gold, or indeed any other commodities, stocks or indices which are available on the MT5 platform. Also here we focus on the Trend Monitor indicator which helps us to stay in and not be shaken out of a strong position when the market pauses or reverses temporarily. This is one of the hardest things to do in trading, and is where profits are made and lost. Also here we have the Quantum USDX dollar index running in...
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Aussie and euro feature in the London forex session

Aussie and euro feature in the London forex session

by Quantum Trading Comment Closed
https://youtu.be/h8RAmPZGqjI In this morning's forex session we saw a nice move in the Aussie Dollar with some classic volume price analysis lessons when combined with the Quantum Trading indicators. The euro also produced a nice move lower with the renko charts on MT5 leading the way. The renko charts on MT5 are unique as they allow you to add both standard indicators and the Quantum tools and indicators directly to the chart. The trends indicator and te trend monitor indicator work perfectly with this style of chart as you can see from the euro dollar in the European session just ahead of the London open....
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The renko optimiser for NinjaTrader is here

The renko optimiser for NinjaTrader is here

by Quantum Trading Comment Closed
The exciting new renko optimiser for NinjaTrader 7 and NinjaTrader 8 is here. No longer will you have to guess at the optimal setting for a renko chart on NinjaTrader. The renko optimiser indicator does it all for you automatically and with one click of a button, delivering the optimal renko brick size for all markets, instruments and timeframes. The indicator works using average true range or ATR to deleiver the optimal setting during the trading session, ensuring you are always trading at the speed of the market. By using Average True Range the Renko Optimiser indicator starts by calculating the degree of volatility of the instrument within a given period and timeframe. You may already be familiar with ATR and by using the ATR to determine the brick size, we can eliminate the noise or volatility normally present in a candlestick chart. It is a popular technique used by traders with Renko charts but which is all automated by the...
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Euro index on MT5 now available

Euro index on MT5 now available

by Quantum Trading Comment Closed
We now have a euro index for MT5 which can be invaluable when trading a pair such as eur/jpy which has been in an uptrend since yesterday. What's interesting about this move higher on the hourly chart is how in one move we have at least three different types of sea states. The beginning of the move higher (as denoted by trend monitor turning blue) is characterized by a trend without volatility as the pair moves gently higher before the price action goes into congestion with trend dots turning grey. We then see two strong volatility candle as the result of the BOJ & on the faster time frames we would have seen plenty of whipsaws with many traders attempting to catch some pips. However, this injection of energy into the pair has resulted in a continuation of the trend, but this time with momentum as we wider spread up candles & a much steeper incline. Typically after many such moves...
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Camarilla Levels Indicator For NinjaTrader 7/8

Camarilla Levels Indicator For NinjaTrader 7/8

by Quantum Trading Comment Closed
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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US dollar index on MT5 ahead of FOMC

US dollar index on MT5 ahead of FOMC

by Quantum Trading Comment Closed
Just a quick update on the dollar index levels on the 8 hour chart for the MT5 USDX indicator. The dollar index is currently trying to break through the S4 I mentioned yesterday at 93.97 having failed to make any progress beyond 94.20. In other words index is trading in less than a 30 pip range. This tight range & these levels will, of necessity, impact what is going on in the faster time frames and determine a) the viability of any trade & b) the risk on that trade. Range may increase once US opens and we also have end of month flows in and out of USD as fund managers rebalance portfolios, & of course we have the FOMC tomorrow. So all in all not easy, particularly if you are only using time charts. In this type of market condition it's important to have a non time based chart such as a renko as it will make finding entries...
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Volume price analysis in the US session

Volume price analysis in the US session

by Quantum Trading Comment Closed
https://youtu.be/n8JK85jf4jQ In this live session Anna and David move to the US focused markets of indices, stocks, commodities and forex and applying some of the basic principles of volume price analysis supported by the Quantum Trading tools and indicators. The primary platform used is NinjaTrader but we also showcase the MT5 platform and this provides and excellent cost effective entry to other markets, so avoiding the need for specialist brokers and increased margins. The MT5 platform covers all the markets including stocks, commodities and indices along with currencies, and so offering trading opportunities for metals, energy and some softs, along with access to the most popular indices for the S & P 500 and the Dow 30....
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Risk off sentiment in the London forex session

Risk off sentiment in the London forex session

by Quantum Trading Comment Closed
https://youtu.be/-5MMfQ-uu5Q Risk Off Sentiment in the London Forex Session Risk-off sentiment often emerges in the London forex session. Uncertainty drives it. Traders sell risky assets. Safe-haven currencies gain. This creates clear opportunities in majors and crosses. Recording of this morning's London forex session with the Aussie yen in focus in risk-off start to the trading day. It was a risk off start to the trading day with the Japanese yen being bought universally across the market, and with the focus on the Aussie yen in particular. The Quantum currency array indicator highlighted this perfectly in the session with some excellent price action. You can check out all the tools and indicators at https://www.quantumtrading.com and the full education program at https://www.quantumtradingeducation.com Signs of Risk Off in London Open London overlap brings high liquidity. Risk-off flows appear early. Safe-havens like JPY or CHF strengthen. Commodity currencies (AUD, NZD) weaken. Volume price analysis (VPA) confirms—high volume on yen upmoves shows conviction. Low-volume rallies in risk pairs signal traps. Quantum Tools Spot...
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Volatility across all the markets on the MT5 platform

Volatility across all the markets on the MT5 platform

by Quantum Trading Comment Closed
https://youtu.be/scoF2tPuTrM Volatility Across All Markets on the MT5 Platform Once again we are on the MT5 platform and here we can trade all the markets very easily, including commodities, indices and stocks. So a great platform and one for which all the Quantum Trading indicators are now available. In this video we focus on the volatility indicator which is triggered in real time and signals the potential for a congestion phase of price action to follow, or a potential reversal. In other words, it sends a strong signal of what to expect next, which is all we need to know as traders. Most traders are then trapped in weak positions as the market moves into congestion or reverses against them and they are either stopped out or close out at a loss. The volatility indicator is a simple yet powerful indicator based on ATR and is available for both MT4 and MT5 Volatility is the lifeblood of trading opportunities. It creates price swings. Traders...
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