The currency strength indicator and the currency matrix along with the currency array for MT5 and NinjaTrader were much in evidence as the London forex session opened with markets becalmed after the last few days of furious price action!
https://youtu.be/shLddsGu918...
Whether trading forex or any other market, using multiple timeframes is a key element of technical trading, and in the London forex session we show you what you need to consider and issues when using the daily timeframe.
https://youtu.be/YLMlz_a5i80...
In the US forex session focus was on the euro and the British pound, both of which benefitted from fundamental news, with the GBP rising strongly on retail sales and the single currency falling on an inflation report from the ECB. All of this was revealed on the currency matrix and the currency strength indicators from Quantum Trading.
https://youtu.be/EVmITtpCw2Y...
In the London forex session, the pair to watch was the AUD/CAD with the Aussie dollar rising strongly and the Canadian dollar falling equally strongly on the faster timeframes of the currency strength indicator, with the currency matrix indicator confirming this sentiment.
https://youtu.be/90P6wUlmqXE
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The starting point for finding the best trades for forex starts with the currency strength indicator, and from there moving on to the currency matrix. Isolating out the currencies and using the bookmark function then provides an excellent focus.
https://youtu.be/AjnzbKyikpU...
Another lively forex session using the Quantum Trading tools and indicators. Look out for some great moves in the GBP/JPY on the renko chart.
https://youtu.be/Er2vDnFR3Xk...
A shorter session than usual for technical reasons, but nevertheless some great price action as the London forex markets open.
https://youtu.be/fw0LcOh9mwo...
The trends in the London forex session continued throughout the morning and into the US forex session with the GBP/NZD in focus. We also take a look at commodity currencies and support and resistance using both MT5 and the NinjaTrader accumulation and distribution indicator.
https://youtu.be/cL_tbBavRjo...
