https://youtu.be/rS6hgiODSCA
Forex Trading Success Is All About Choosing the Right Currency Pair for a Strong Trend
Forex trading success depends on one key decision. Choose the right currency pair. Focus on those with strong trends. This maximizes reward while minimizing noise. Random pairs lead to chop and frustration.
Forex trading success is all about choosing the right currency pair and the starting point is the currency strength indicator. Here strength and weakness in the individual currencies is revealed simply and clearly which is why we call it out sonar on the market. Like the device trawlers use to locate shoals of fish, so we use it to identify reversals and strong trends in the building blocks of the markets - the currencies themselves.
However, when a currency is rising or falling strongly, this does not mean it is doing this across the complex, and so we are constantly looking for the a strong move for the counter currency in the opposite direction. So if...
Never, ever trade with an opinion. Trading with an opinion is one reason many traders struggle to succeed confident they are right and the market is wrong. Never trade against the market as the house always wins! Use volume price analysis which reveals the truth behind the price action.
https://youtu.be/2qtX40Gbd_s...
In this video I explain how to join a trend at the right time by understanding congestion phases. And just as important is to understand the structure of the chart. Here I am using the NinjaTrader platform.
https://youtu.be/WUpfXZa_xX8...
None of us are patient, yet when it comes to congestion phases this is where patience really does pay off, as these are the price regions where trends are created and born. And remember Wyckoff's second law of cause and effect, the longer the cause the greater will be the effect. In other words this brings time into the equation.
https://youtu.be/J8UM_9HCQvA...
https://youtu.be/bv6Y5Sylt7A
How to Trade Volatility in the Forex Market
Volatility in forex refers to the magnitude of price swings. High volatility means big moves—great for profits but risky. Low volatility means ranges—often frustrating. Trading volatility isn't about predicting direction perfectly. It's about positioning for movement (or lack of it) with discipline.
Successful volatility trading uses volume price analysis (VPA) for confirmation. High volume on swings shows conviction. Low volume warns of traps. Quantum tools enhance this on MT5 or NinjaTrader.
This morning's price action on the British pound was classic, following the release of UK news and the BOE statement. The primary pair for trading is of course cable, but the price action here was extreme, whipsawing in a wide range and making it almost impossible to trade. So what's the answer?
In short, look to other currency pairs and, in particular, the cross-currency pairs. In this case it was the GBP/AUD which delivered tradable opportunities which the GBP/USD did not. So remember, when you...
In this video from the London forex trading session and using one of the currency cross pairs, we explain Wyckoff's second law using the GBP/NZD. The principle of the second law is that of time and is described using the terms cause and effect. In other words the greater the cause or time a congestion phase has been building, the more sustained should be the trend once the congestion phase breaks down and the trend develops.
https://youtu.be/v4V3h1jkTkQ...
There is no right or wrong way to trade the forex markets or indeed any market, but every tactic has its advantages and disadvantages. In this video find out whether you might prefer to be a reversal trader or trend trader and how to trade reversals using two of the forex specific indicators from Quantum Trading.
https://youtu.be/UlHh8UrYhO8...
When we consider candles and candle patterns we often forget that a candle pattern in one timeframe is a single candle in another and which reveals so much more about the future price action. TWo bar reversals are one such type of pattern, with the bearish or bullish engulfing candle then creating the reversal and creating a hammer candle or shooting star candle in a different timeframe. And when combined with volume price analysis, this then confirms the strength of any such reversal.
https://youtu.be/K8sj7G_ym4E...
https://youtu.be/4J7L28BvnBg
How to Apply Volume Analysis to Related Currency Pairs and Deliver a Knockout Punch
Related currency pairs offer powerful insights in forex. They share common currencies or risk themes. Applying volume analysis here reveals true sentiment. This can deliver a knockout punch—high-conviction trades with strong confirmation.
Trading using multiple timeframes is a well-established plank for any approach, but how about using the same timeframe across related markets or pairs? In this video we show you how using the US dollar as an example with a currency majors matrix. This reveals the power of the volume price analysis methodology and how using this approach you can add a further three-dimensional approach to your forex trading.
Step 1: Identify Related Pairs
Start with relational pairs. For example, AUD/JPY gauges risk appetite (commodity + safe-haven). EUR/AUD or GBP/AUD show euro or pound vs. commodity currencies. The currency matrix highlights these connections visually.
Step 2: Apply Volume Price Analysis (VPA)
Volume price analysis (VPA) is the knockout tool. Look for...