EUR/CAD in focus at the start of the London forex session
https://youtu.be/s_mq2pBO4f8...
Analysis of the EUR/CAD, the volume point of control and Wyckoff’s three laws
Analysis of the EUR/CAD, the volume point of control and Wyckoff's three laws
https://youtu.be/_G8vIVpyhP8...
Plenty of trading opportunities this morning in the forex markets
Plenty of trading opportunities this morning in the forex markets
https://youtu.be/YSnxi13pA10...
Volume price analysis for forex at the start of the London session
As the London forex session gets underway, we start with several of the forex specific indicators, such as the currency strength indicator, the currency array indicator forand the currency matrix. In this video we are using the MT5 trading platform, and then move on to consider some of the basic principles of volume price analysis applied to the forex markets and using Wyckoff's three laws.
https://youtu.be/FT7KeJBAZv4...
Trading forex using volume price analysis
As the London forex market gets underway, equity markets signal a reversal in sentiment along with risk currency flows such as the AUD/JPY. It is interesting to note the currency strength indicator on the daily timeframe with the commodity currencies heavily oversold and risk currencies overbought, so setting up for some excellent longer term trading opportunities for the yen currency pairs.
https://youtu.be/HE1j44W55LY...
How to use the currency matrix and currency array together
https://youtu.be/jD1PDzyp090...
Classic example of relational analysis as London forex markets open
All about sentiment at the London open of the forex session and a classic example of the importance of understanding the relational analysis which I cover in the complete forex education program which you can find here at https://quantumtradingeducation.com
https://youtu.be/kVPOzMjFESo...
Yen pairs on the Matrix confirm market rout
Strong safe haven flows into the Japanese yen confirmed on the hourly chart of the Currency matrix with heaviest flows into usd/jpy and cad/jpy, the latter also suffering from a sharp fall in oil prices. The matrix indicator ranks the performance of all the 28 pairs featured and highlights potential oversold and overbought trading opportunities.
Note also the numbers next to the pairs and the values reflect the strength of the move. In other words, the higher the value the bigger the move.
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Yen buyers drive risk off sentiment
The Japanese yen was much in demand in early trading in the London forex session, as overnight concerns of the Chinese virus sent Far East and Asia equity markets lower. This followed through into Europe and London with markets falling. As a result the commodity currencies were much in focus on the currency strength indicator and currency matrix, followed by pound buying later in the session.
https://youtu.be/deUta3lFhno...
Only one currency in focus in the London forex session!
There was only one currency in focus this morning as the country goes to the polls today on one of the tightest general elections we have seen for decades. Ahead of the London forex open, the GBP was being bought but as so often occurs at session crossovers, the trend higher on the GBP/JPY was reversed with the pair moving lower. The volatility indicator was much in evidence as was the volume point of control across the various timeframes, and coupled with the price based support and resistance indicator and accumulation and distribution indicators, defined clear levels of support and resistance.
https://youtu.be/6nWciiv78bM...