A great forex session and one where we were truly spoiled for choice, with the US dollar leading the way as safe haven flows saw the currency of first reserve rise strongly as European markets opened. This was countered with equally strong selling in several different currencies including the Australian dollar, the euro and the pound and clearly signaled on the currency strength indicator.
The move in the euro was triggered as a result of problems once more in the Italian banking system, an issue which like Greece, has never been resolved, and which is now rising once again to the
surface. But in this session we focused on one of these, the Aussie dollar which delivered a wonderful trend lower, and confirmed with all the associated indicators of the currency heatmap, the currency array and the currency matrix, with safe haven flows driving the US dollar, and equally strong bearish flows driving the Aussie, and combining in wonderful trading opportunity to...
https://youtu.be/LN4yZczBt0s
Euro, Yen and Pound in Focus as London FX Opens
Euro, yen, and pound take centre stage as London FX opens. These majors drive early volatility. Traders watch for sentiment clues. Risk-on or risk-off flows often emerge here. In this morning's forex session, David and I started with a look at the EUR/CAD. This is a pair I highlighted a few days ago on my site. It is an interesting confluence of the fundamental, the technical, and the relational. We explain this in great detail in the Quantum Trading forex education program.
Why These Currencies Matter at London Open
London overlap brings high liquidity. Euro reacts to ECB hints. Yen reflects safe-haven demand. Pound ties to UK data. Volume price analysis (VPA) spots conviction—high volume on moves confirms direction.
Practical Trading Insights
Focus on EUR/USD, USD/JPY, and GBP/USD. Currency strength indicator ranks them quickly. Quantum matrix on MT5 or NinjaTrader highlights relational extremes. Anna Coulling's VPA approach navigates open-hour noise effectively.
Euro, yen, and pound in...
https://youtu.be/QQvzkV2brBE
Nice Move in the Euro Along with the Pound in the London Session
A nice move unfolded in the euro and pound during the London session. Both currencies gained strength. EUR/USD and GBP/USD rallied steadily. This reflected positive European sentiment. Traders spotted relational opportunities in majors and crosses.
Another great session this morning with David and myself as we showcase the Quantum Trading tools and indicators through the European open and into the London session, and the two currencies we focused on here were the British pound and the euro. As you would expect these are the currencies that take centre stage as European markets open, and we were not disappointed with the euro finding some positive sentiment and sending it firmly higher against the US dollar which was equally bearish on the faster timeframes, and so developing a nice trend. And of course this was clearly in evidence on the currency strength indicator on both the MT5 platform and the NinjaTrader...
https://youtu.be/JQuxJBCsZEs
In this video we focus on the currency matrix and how to use it in combination with the currency strength indicator. In this example from early in the London session bullish sentiment for the euro drives several pairs but the euro yen really does deliver, and we return to follow the price action later in the morning, as this pair continues to rise strongly. A fantastic example and supported of course by the Quantum currency strength indicator and the other tools and indicators on the charts themselves.
Understanding universal sentiment and flow is key to currency trading success, and the currency matrix indicator for MT5 delivers, visually and clearly in all time-frames showing you instantly which pairs are rising strongly and which perhaps are not following the general market sentiment....
https://youtu.be/nPZJa2zqzxA
A great session this morning with David and myself and we started with the EUR/AUD which has been rising strongly for the last few days, and one of the lessons from our private trading chat room where we support our forex education program members. This was an example of an annotated chart of the EUR/AUD posted in the forum in real time and explaining some of the key VPA lessons. One of the hardest things to do in trading is to stay in a trend once a position begins to develop into profit, particularly when the trend pauses and starts to pull back or reverse.
This happens in all timeframes and is when the market pauses and moves into congestion. So how do we know whether this is a true change in the primary trend, or simply a move into a secondary trend before re-establishing the primary trend once more, and this is where volume price analysis steps in. This is...
https://youtu.be/8CNbdPQ_fow
Euro Dollar Bears in Control on the Fast Charts and Currency Array
Euro dollar bears remain in control on the fast charts. Selling pressure dominates lower timeframes. Price pushes lower with conviction. This signals short-term weakness in EUR/USD.
The euro has been selling heavily in the early part of the London trading session, with the currency array indicator displaying this clearly on the 15m timeframe. The only pair lagging is the EUR/CHF, with all the other pairs neatly stacked at the bottom of the ranking ladder and now offering potential reversals from the over sold condition on the faster timeframe. The chart alongside for the EUR/USD reflects this bearish sentiment and here we have the accumulation and distribution indicator displaying the various levels of potential support and resistance.
The indicator works on the price action and signals those areas where levels have been tested from above and so are likely to act as support, and those where price has been tested from below,...
https://youtu.be/nKQ7QhwxWng
Aussie Dollar and Gold in Focus in the London Session
The Aussie dollar and gold take center stage in the London session. Both are commodity-linked assets. AUD reacts to risk sentiment. Gold often moves inversely to USD strength. Traders watch them for early clues.
In this morning's session once again we focus on some of the key concepts of support and resistance using the accumulation and distribution indicator for NinjaTrader and the dynamic support and resistance indicator for MT4/5. The AUD/USD provides some good examples from the faster to the slower timeframes as the pair tests a strong level of support in the session on the 60 minute chart.
One of the many trading concepts we also discuss is using multiple timeframes to identify levels in higher and lower timeframes. Finally we also look at support and resistance from the aspect of overbought and oversold with the currency strength indicator for NinjaTrader.
Volume Price Analysis Insights
Volume price analysis (VPA) reveals connections. High volume on...
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...
https://youtu.be/tYxQgRGHcjI
How the MT5 Currency Matrix Reveals Market Sentiment
The MT5 currency matrix reveals market sentiment clearly. It displays relational strength across all major pairs. A heatmap format ranks currencies visually. Strong ones appear in green. Weak ones show in red. This exposes overall mood instantly.
In this video which comes towards the end of the London session and the start of the US session, we highlight how the currency matrix helps to identify the universal sentiment to the Canadian dollar. In this example, the USD dollar has been strongly bullish before reversing to bearish, and coupled with very strong buying of the Canadian dollar, which is shown on the currency strength indicator.
On the currency matrix we then isolate our the Canadian dollar which confirms that sentiment across the CAD complex is universal. In other words, the CAD is being bought against all other primary currencies and as revealed on the 10 minute ranking ladder with the 20 minute timeframe starting to develop...
