This is a perfect example on Cable of a congestion, followed by the breakaway,then comes the trend and now possibly a reversal.
https://youtu.be/HNf0A2Vf1ZU...
Currencies move in a continuous cycle from overbought to oversold and back again and this price action is perfectly described by the currency strength indicator for NinjaTrder and at the start of the London forex trading session we see the USD and JPY rising strongly with the AUD falling strongly and delivering an excellent trade before the reversal begins.
https://youtu.be/77bvX1RKckA...
Sentiment in the financial markets is expressed as risk-on or risk-off, and following the release of Chinese data overnight, market reaction could best be described as mixed with not universal agreement in risk asset classes.
https://youtu.be/ABAGHm4-Yi0...
Throughout the trading session, volatility ebbs and flows and knowing when to trade and when to wait is key. In this session from the US futures trading session, we take a closer look at this aspect of trading through the prism of volatility.
https://youtu.be/9E9NzpFj54c...
In this video David explains how to scalp congested markets using the renko optimizer for NinjaTrader and across all three emini index futures in the US futures trading session.
https://youtu.be/PLDnyuw1noA...
In this session from the US futures trading webclass I explain how to study volatility and what it reveals about the market you are trading.
https://youtu.be/DX_Xx9oo4SE
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When a breakout from congestion occurs the first thing we study is volume as this confirms whether the breakout is genuine or false. In this video we consider the longer term outlook for gold as well as an intraday example on the gold futures contract.
https://youtu.be/qjWykb-P0IU...
Stop loss placement is an art not a science, but when trading a breakout from congestion these levels are often very clearly defined for you. Discover why in this video and learn where to place them using the CME currency futures on NinjaTrader
https://youtu.be/1y-ViuqFmPM...