London forex session delivers great trading & volume price analysis lessons

A terrific trading session which once again had so many lessons for traders in all timeframes, emphasizing the power of volume price analysis and supported by the Quantum Trading tools and indicators. As so often happens at the session crossover periods, reversals take centre stage as the market makers move in to trap traders into weak positions. Putting Brexit to one side, the focus here was on the commodity currencies and in particular the cross-currency pairs of the euro, the Aussie dollar, and the Canadian dollar. The forex market is one of mean reversion and none more so at these times, when the market makers are at their most active. For the EUR/AUD the solid bearish trends intraday were duly reversed, but as always it's a question of identifying whether this is a change from a primary bearish to a primary bullish trend, or simply from a primary bearish to a secondary pullback or reversal before the primary is re-established once again....
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2019 starts with a bang! But volume price analysis reveals the truth behind the price action

2019 starts with a bang! But volume price analysis reveals the truth behind the price action

If there was one word to define the end of 2018 and the start of 2019, that would be......volatility. Over the holiday period and at the start of the new trading year we have seen extreme and volatile moves across the markets. First was the biggest single-day points gain ever for the DOW which climbed over 1000 points. Astonishing by any standards, even in a 'normal' session and not one sandwiched between two holidays. Next came the flash crash for currencies with the yen pairs plunging several hundred pips in minutes, only to recover equally quickly over the next few hours. And all of this price action given further impetus from the thin liquidity and low volumes. Both these moves were associated with average volume, and sending a clear and unequivocal signal of traps laid by the market makers and big operators. Volume price analysis as always reveals the truth behind price action and whether the major players are participating in...
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Treat yourself this Xmas to A Complete Forex Trading Library – at an amazing price!!!

Treat yourself this Xmas to A Complete Forex Trading Library – at an amazing price!!!

With over 400 five star reviews, this box set is the ultimate foundation library to set you on the right road trading forex with four classic forex trading books. A Complete Guide To Volume Price Analysis This is the place to start with your foundation in volume price analysis. The book explains all you need to know from first principles, and how to apply this powerful methodology to the spot forex market in all timeframes. As forex traders, all we are trying to do is to forecast where the market is heading next. Is there any better way than to use the only two leading indicators we have at our disposal, namely volume and price? Forex Trading Using Volume Price Analysis The second book in the collection takes these principles and using over 100 worked examples, walks you through, step by step with clear annotated charts and supported with a full explanation of the price action and associated volume. Here you will see accumulation,...
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The FED, and the Quantum Trading indicators for short and longer term trading

The FED, and the Quantum Trading indicators for short and longer term trading

In this session, we stressed once again the importance of distinguishing between the signal and the noise from the FED ahead of the FOMC minutes later. Once again we have seen how the Federal Reserve is the most powerful central bank in the world and how its words and actions impact all markets and the global economy. We then focused on the pound in a variety of timeframes, with some great volume price anlaysis lessons in several pairs. Finally we looked at the currency heatmap and the extremes for some longer term trading opportunities. https://youtu.be/6PuiHUClDhM...
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Which pairs to choose and how to trade them – all explained here!

Which pairs to choose and how to trade them – all explained here!

https://youtu.be/RALighYqu0Y Choosing which currency pairs can be a tricky decision, and one each forex trader has to make for themselves, and as this is a frequent question, it's one we answer in this morning's forex session. And always there is no right or wrong answer, only what suits you, and perhaps the key here is patience. If you have the patience to wait, then reducing the number of pairs to trade can be an excellent way to become an expert in one or two, perhaps also with a preferred tactic. However, this can create problems as boredom can often be an issue as other pairs are then sought out, and very quickly all the initial discipline has gone, and the trader is then taking trades in all pairs, as before. So it's not easy. Another question frequently asked is how to use the currency dashboard and the four trading indicators it contains, and here David walks through the three-step process, with the...
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Trade the pound with confidence, using renko and the currency strength indicator!

Trade the pound with confidence, using renko and the currency strength indicator!

Another great forex trading session with David and myself this morning, with the British pound once again in focus following the London open. As always, it's the currency strength indicator which leads the way and guides us into those currencies which are either overbought or oversold and ready to reverse, or which perhaps are already in a strong trend. The early morning selling of the pound duly reversed and into a strong trend higher, driven by a positive statement over Brexit, and here the renko indicator for MT5 and NinjaTrader provides the perfect compliment to the time based charts, smoothing out the price action and helping traders either with entry or exits tactics, or helping to keep them in the trend once underway. The early selling of the pound also signaled strong buying and confirming the reversal, with the currency matrix on NinjaTrader giving a very strong signal of the universal sentiment for the pound as markets bought across the complex. You can...
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Cycles explained with the currency strength indicator and volume price analysis

Cycles explained with the currency strength indicator and volume price analysis

https://youtu.be/wIBw-heIsts In this morning's forex trading session, David and I explained the price cycle for forex markets, and through the prism of the Quantum Trading currency strength indicator. This indicator for MT4, MT5, and NinjaTrader describes the journey every currency makes from overbought to oversold and back again and reflecting the Wyckoffian principles of primary and secondary trends, as well as explaining how markets move from accumulation to distribution and back again in all time-frames. All of this is of course underpinned by their core methodology which is volume price analysis and which is complemented with the full suite of tools and indicators from Quantum Trading. By Anna Coulling Charts from MT5 and NinjaTrader...
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Trading success? It’s all about anticipating what’s next using volume price analysis!

Trading success? It’s all about anticipating what’s next using volume price analysis!

And once again it's the power of volume price analysis which reveals everything. Some great volume price analysis lessons once more as we move into the European session followed by London, and the signals could not be clearer supported by the Quantum Trading tools and indicators with the British pound in focus on the MT5 and NinjaTrader platforms. https://youtu.be/Ab_xg8KLIrU...
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A great forex session for the euro, Aussie and the pound!

A great forex session for the euro, Aussie and the pound!

https://youtu.be/cDz2mmr1l48 An excellent forex trading session with Anna and David of Quantum Trading, as Europe opens and followed by London. The focus this week was on the euro and the pound, with Anna tracking the GBP/USD as strong pound buying is counterbalanced by US dollar selling, but as always with an eye on the London open where reversals are always likely as this major centre opens for the trading day. One to watch at present is also the Swiss franc, not only for safe haven flows but also as result of the problems in Italy and the Italian banks, with many moving their cash across the border and into Switzerland as a result, so selling euros and buying the franc, so one to watch over the next few days and weeks. The euro aussie is always an interesting pair to trade through Europe and into London as the strong cross flows from the Southern Hemisphere then meld into the European currency markets....
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Spoilt for choice in the fx session – which pair to choose!!

Spoilt for choice in the fx session – which pair to choose!!

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...
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