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....
Read More
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...
Read More
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...
Read More
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....
Read More
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...
Read More
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....
Read More
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...
Read More
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...
Read More

Scalping on NinjaTrader using the Tickspeedometer indicator

by Quantum Trading Comment Closed
Scalping on NinjaTrader Using the TickSpeedometer Indicator Scalping on NinjaTrader demands speed and precision. The TickSpeedometer indicator delivers both. It measures tick velocity in real time. This reveals surges in participation. Traders spot momentum shifts instantly. 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. How TickSpeedometer Enhances Scalping The TickSpeedometer works with volume price analysis (VPA). High tick speed on up moves shows buying pressure. Low speed warns of fading momentum. Quantum's version on NinjaTrader includes customizable alerts for fast entries. Practical Tips for Scalpers Focus on high-liquidity sessions like US open. Pair with support/resistance for tight stops. Avoid low-speed traps. Anna Coulling's approach uses TickSpeedometer to filter...
Read More

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

by Quantum Trading Comment Closed
https://youtu.be/y_1RtKZFI3U Using the Currency Strength Indicator & Currency Array as US Dollar Sells Heavily! The US dollar has sold heavily in recent sessions. This creates clear opportunities. The currency strength indicator and currency array reveal it early. These Quantum tools rank USD weakness. Traders spot relational shifts fast. In this video, we explain how to use the currency strength indicator and the currency array indicator together, as they reveal opportunities to sell 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 is a great example of the importance of understanding 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 evident in the currency array, as is the strength of the momentum in the...
Read More