Currency array highlights trend & momentum

by Quantum Trading Comment Closed
https://youtu.be/dTzV7-N7KFY Identifying trend strength and momentum is not easy, and trading strength and momentum is even more difficult, which is why we developed the Quantum currency array indicator. With this single elegant indicator not only can we see which currency pairs are trending strongly, but also the momentum of this trend, as well as see those pairs that are in congestion. And finally we can quickly identify those pairs that are potentially approaching an overbought or oversold sold. The MT5 version of the indicator works on both standard and custom time frames, which means we spot signals much earlier, and in addition we have also built into the indicator a bookmark feature which gives us the option to bookmark a currency pair of interest making it easier and quicker to identify on the ranking ladder. By Anna Coulling...
Read More

Make volatility your friend

by Quantum Trading Comment Closed
https://youtu.be/5XLzU7sSBO4 Make Volatility Your Friend Volatility is often feared in trading. But it can be your friend. High movement creates opportunities. The key is understanding it. Volume price analysis (VPA) turns volatility into advantage. As traders volatility can be your greatest enemy, but with the Quantum volatility indicator you can now not only see it trigger in real time, but also have the confidence to take cool headed trading decision. The indicator works on all time frames and across all markets, and in this video you see on the MT5 platform. Why Volatility Is Opportunity Volatile markets move fast. Price swings widen. This offers bigger rewards. But noise increases. VPA filters it. High volume on swings shows conviction. Low volume warns of traps. Quantum volatility indicator on MT5 highlights these surges clearly. Using VPA in Volatile Conditions Volume price analysis (VPA) thrives in volatility. Look for high volume breakouts—confirmed momentum. Divergence (price extreme on low volume) signals reversals. Quantum Trend Monitor on MT5 aligns direction. Stay in...
Read More

Currency Strength Indicator for MT5

by Quantum Trading Comment Closed
https://youtu.be/hTIoPrPNIzM David and I working on completing our Quantum indicators for MT5, and delighted with how effective they are on this platform, in particular the use of MT5's custom time frames, which makes multi time frame analysis so much easier. And MT5 has also allowed us to add push notifications to the currency strength indicator. Now working on the remaining indicators, and our complete package users will also have access to two brand new indicators for free. These are the euro index, and the Quantum Camarilla indicator....
Read More
MT5 yen index daily chart now turning bearish

MT5 yen index daily chart now turning bearish

by Quantum Trading Comment Closed
The daily yen index on our MT5 platform is now starting to signal a change in the bullish trend for the yen, which is seen all the yen pairs move strongly lower over the last few weeks. Now with markets starting to accept the trade negiotiations are perhaps not as bad as first expected, and with Kim and Donald likely to become the best of friends, risk on sentiment is returning. Our MT5 indicators are almost ready for release, of which the yen index is one, but with several new indicators also now available, including a very exciting MT5 renko indicator which replicates MT4 and allows both standard and Quantum Trading indicators to be attached to the chart. And of course we have transferred all the other indicators including the currency strength indicator, and all the other indicators in the full package....
Read More
GBP/JPY begins to turn on the daily chart

GBP/JPY begins to turn on the daily chart

by Quantum Trading Comment Closed
GBP/JPY Begins to Turn on the Daily Chart GBP/JPY begins to turn on the daily chart. This yen cross shows early reversal signals. Price action shifts after prolonged moves. Traders watch closely for confirmation. The currency strength indicator on the daily timeframe has been signalling the UK pound as strongly overbought (yellow line) and the Japanese yen (magenta line) as oversold for some time, and today has finally seen the pair move lower following last week's extended congestion phase in the 151 area of the chart. This period of price action was preceded with the two bar reversal, sending an intial signal of weakness following the overreaction to hawkish comments from the BOE, with wide spread price action in the up move, not supported or validated with volume. |For any such move, volumes should have been dramatically higher, a clear sign of the lack of participation by the insiders, and signal of a trap being set. The trap has now been sprung and...
Read More

Classic VPA on GBP/JPY

by Quantum Trading Comment Closed
Classic VPA on GBP/JPY GBP/JPY often delivers classic volume price analysis (VPA) signals. This yen cross is volatile. It reacts strongly to risk sentiment. High volume on moves shows conviction. Low volume warns of traps. A classic VPA on 5 min chart of GBP/JPY on the release of NFP today. Huge down candle on light volume, before we saw a switch back higher as market absorbed poor numbers, and likelihood of a September FED hike in interest rates disappear faster than snow in July. The trigger of the volatility indicator (purple arrows) also signaled high probability of a re-trace to within spread of the down candle. Volume simply validated this point. Indeed, FED Funds Rate now pricing in a 44% probability of a rise in rates in December, which is a re-run of last year's interest rate saga. As of yesterday FED funds showing a 30% probability of a rise in September Spotting Accumulation and Distribution Look for accumulation on down candles with rising volume. This...
Read More

Divergence in euro complex

by Quantum Trading Comment Closed
From a technical perspective last week was not an easy one for the euro with a divergence of sentiment across the complex. Against the USD it found some much needed support at the 1.0825 support level, which provided the springboard for a move up and through the VPOC on the daily chart at the key 1.09 price point. The pair managed to maintain this bullish momentum through to the end of week before finally ending the week at 1.1004 on reasonable volume. However, this move higher has, so farfailed to follow through in today's trading session with the 100 ema providing the cap. Bearish sentiment towards the euro has also increased in the futures market where shorts have added 18.1k contracts taking the total gross short position to 172.5k, the largest increase since November 2015. This week we also have the ECB interest rate decision and obligatory press conference, and given the current economic downturn in the eurozone, the market is...
Read More

Gold continues to shine

by Quantum Trading Comment Closed
Some solid gains for gold last week as the precious metal ended last week in a bullish mood following an extended period of price consolidation within the spread of the volatility candle triggered back in early February. Cannot stress the importance of this candle, moving as it did way beyond the average true range for the metal in this time frame, it has since defined and described any further move higher. Friday's price action too is important for the longer term with substantial volume coming into gold, helping to push the metal to test the $1279 per ounce region, before falling back on profit taking ahead of the weekend. Gold has started the new trading week in a very positive move with the 200 ema on the weekly chart providing the necessary support as the precious metal attempts once again to take out the $1279 per ounce high. A move through here on strong and rising volume will see gold move to...
Read More