Quantum Trading

Risk off sentiment in the London forex session

July 26, 2018 by Quantum Trading Comment Closed

https://youtu.be/-5MMfQ-uu5Q 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...

Volatility across all the markets on the MT5 platform

July 23, 2018July 23, 2018 by Quantum Trading Comment Closed

https://youtu.be/scoF2tPuTrM 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...

Scalping on NinjaTrader using the Tickspeedometer indicator

July 23, 2018 by Quantum Trading Comment Closed

Some excellent trading this morning on the NinjaTrader tick charts and using the Quantum Tickspeedometer to deliver the optimal tick chart settings for the pair. As always we use a multi chart approach and as we can see the Quantum trend monitor is red on all three charts helping to keep us in through the minor pullbacks which occur on all charts and in all markets....

Using the currency strength indicator & currency array, as US dollar sells heavily!

July 20, 2018 by Quantum Trading Comment Closed

https://youtu.be/y_1RtKZFI3U In this video we explain how to use the currency strength indicator and the currency array indicator in tandem, as they reveal the opportunities available for selling the US dollar. The two indicators are part of the Quantum Trading currency dashboard with the currency matrix and the currency heatmap then completing the full complement of MT5 indicators for trading forex. Here we have a great example of the importance of seeing the universal market sentiment. The market is selling the US dollar across the US dollar complex, and so trading with the flow of sentiment is a lower risk proposition. As we can see, this is clearly revealed on the currency array, as indeed is the strength of the momentum in the pairs. In addition, the currency strength indicator is also revealing this very strong negative sentiment towards the US dollar by the steepness of the lines on the indicator, with the Canadian dollar being bought equally strongly, along with the...

Strong buying of the GBP and EUR across the timeframes

July 17, 2018July 17, 2018 by Quantum Trading Comment Closed

One of the keys to success as a forex trader is in being able to see currency strength and weakness instantly and across the timeframes, and in early trading this morning we have a classic example described by the Quantum Trading currency strength indicator across the faster timeframes. Here we see the strong buying of the British Pound ( the yellow line) and also the Euro ( the orange line) from the 5 minute through to the 30 minute chart. With both currencies rising so strongly and across the timeframes, it is simply a question of deciding which pair to focus on as the counter currency and trade accordingly. This set up is one we are looking for constantly, as the reversal in the faster timeframe is then confirmed by its appearance in the slower timeframes 'downstream'. This can be thought of as the ripples on a pond from throwing a stone, with the water then moving steadily away from the...

Volume point of control (VPOC) holds key for gold

July 16, 2018July 16, 2018 by Quantum Trading Comment Closed

All traders understand the significance of price levels, and use any number of methods of trying to establish which are important and which to target not only as potential price objectives, but also try to try and establish where price is likely to stall. And what makes a price level significant is whether it is reflected across different time frames, and we have a great example from the daily and monthly charts for gold. On the daily chart we've seen some reasonable buying coming in at 1235, and perhaps even the start of a double bottom with the Camarilla marking the upside levels that need to be breached. But the monthly is looking bearish as the gold price is trying to break away from VPOC in the 1260 region, but what is significant this is also the R4 level on the daily and which is where only a break and hold here would signal the resumption of bullish sentiment. However, short term the...

The currency array and universal sentiment explained

May 1, 2018 by Quantum Trading Comment Closed

https://youtu.be/8Dv5ox6CQXU Once of the key concepts to understand as a forex trader is that of sentiment to a currency, and whether that sentiment is universal across the complex. In this video we explain the principles of the Quantum currency array and in particular using the yen complex. Here we can see we have diversity on the yen, with some pairs rising and some falling, so sentiment to the yen is currently mixed with both buying and selling in this time frame. However, when we move to consider the British pound which is the most bearish in the yen complex, here we can see why. The GBP is being universally sold across the complex, and as such with any trading opportunities, offers a lower risk proposition as we are trading with the market universally. In other words everyone is selling the GBP, so we are simply joining the current sentiment which is across the GBP complex and so the risk is lower. There...

How to isolate and focus on your currency pair on MT5

May 1, 2018May 1, 2018 by Quantum Trading Comment Closed

https://youtu.be/Rk4r7QMSd6Q In this video we explain how to isolate out the currency pair using the currency strength indicator, and then to add further focus to the chart by including the currency index in our trading work-space. In this example it's the GBP/JPY which is our focus, and on the currency strength indicator all the other currencies have been turned off, allowing us to see instantly and clearly where the two currencies are in their journey. This can be done easily and quickly using the toggle buttons on the indicator. Here we can see the Yen is rising strongly and the British pound is falling strongly and so developing the strongly bearish trend we see on the chart. In other words the perfect combination, where we have strength in one currency reinforced with weakness in the other. This is confirmed by the trend monitor indicator, the support and resistance indicator and of course volume. Finally to help focus further on this pair, we have added...

The three indices we often forget as forex traders!

April 17, 2018April 17, 2018 by Quantum Trading Comment Closed

https://youtu.be/lYtz5YrK5ro In this video we explain the importance of understanding where the three major currencies are heading, whether intraday or on a longer term basis. The three main currencies are of course the US dollar, the Japanese yen and the single currency of the euro. The Quantum Trading suite of tools and indicators delivers an index for all three, and using the tab feature of NinjaTrader 8 offers a compact and efficient way to monitor these key currencies in all timeframes, whilst optimising space on the screen. This allows you as a forex trader to track these currencies, and from there have a much clearer view of where each is heading which will then be reflected in the major currency complex or the cross currency complex accordingly. The US dollar, the Japanese yen and the euro are three currencies which drive the forex market universally, and having this clear view is paramount to then understanding where the currency pairs themselves are heading individually....

Volatility indicator detects and protects

April 11, 2018 by Quantum Trading Comment Closed

A great example of the Quantum volatility indicator in action yesterday in the eur/aud currency pair. The indicator was triggered on unexpected comments from ECB member Nowotny - noted hawk - who suggested the ECB's current program of QE was likely to come to an end sooner rather than later. Ahead of these comments eur/aud was looking to continue its bearish tone. However, on the comments hitting the newswires sentiment in the euro changed and euro pairs soared as volatility hit the market. This indicator triggers in real time so, as traders, we know instantly something is afoot. What then generally happens is that on completion of the volatility candle, price action retraces to within the spread of the candle as the sting is taken out of the move. But the subsequent candle is also interesting as it is hanging man on high volume, which is almost always a precursor to a reversal in trend and sentiment. And this is exactly what...