A great forex session this morning in the live webinar with David and myself, and one where we were spoilt for choice in terms of trading lessons and also trading opportunities. The pairs we chose were the GBP/AUD on the MT5 platform and the AUD/JPY on the NinjaTrader platform, before moving to look at the GBP/JPY later in the webinar and of course all analysed through the prism of volume price analysis and the Quantum Trading tools and indicators. For the GBP/AUD is was a case of further heavy selling in this pair and reflected in the time based charts supported by the MT5 renko chart. As always the currency strength indicator signalled the strength of the move and again using multiple timeframes giving the clear signals we need to select the currency or currency pair for further analysis. One of the keys to success is in applying volume price analysis which then helps to identify whether a reversal is...
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/-5MMfQ-uu5Q
Risk Off Sentiment in the London Forex Session
Risk-off sentiment often emerges in the London forex session. Uncertainty drives it. Traders sell risky assets. Safe-haven currencies gain. This creates clear opportunities in majors and crosses.
Recording of this morning's London forex session with the Aussie yen in focus in risk-off start to the trading day.
It was a risk off start to the trading day with the Japanese yen being bought universally across the market, and with the focus on the Aussie yen in particular. The Quantum currency array indicator highlighted this perfectly in the session with some excellent price action.
You can check out all the tools and indicators at https://www.quantumtrading.com and the full education program at https://www.quantumtradingeducation.com
Signs of Risk Off in London Open
London overlap brings high liquidity. Risk-off flows appear early. Safe-havens like JPY or CHF strengthen. Commodity currencies (AUD, NZD) weaken. Volume price analysis (VPA) confirms—high volume on yen upmoves shows conviction. Low-volume rallies in risk pairs signal traps.
Quantum Tools Spot...
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...
How Currency Focus Shifts Across Forex Sessions: London to US to Asia
Forex markets run 24/5. Focus shifts between major sessions. This creates unique opportunities. London, New York, and Asia each highlight different currencies. Volume price analysis (VPA) tracks the transitions. Quantum indicators make spotting shifts reliable.
One of the keys to success as a forex trader is in being able to see currency strength and weakness instantly and across the timeframes. In early trading this morning we have a classic example described by the Quantum Trading currency strength indicator across the faster timeframes. We see the strong buying of the British Pound ( the yellow line) and also the Euro ( the orange line) from the 5 minute through to the 30 minute chart. With both currencies rising so strongly and across the timeframes, it is simply a question of deciding which pair to focus on as the counter currency and trade accordingly.
This set up is one we are looking for...
https://youtu.be/8Dv5ox6CQXU
Once of the key concepts to understand as a forex trader is that of sentiment to a currency, and whether that sentiment is universal across the complex. In this video we explain the principles of the Quantum currency array and in particular using the yen complex. Here we can see we have diversity on the yen, with some pairs rising and some falling, so sentiment to the yen is currently mixed with both buying and selling in this time frame.
However, when we move to consider the British pound which is the most bearish in the yen complex, here we can see why. The GBP is being universally sold across the complex, and as such with any trading opportunities, offers a lower risk proposition as we are trading with the market universally. In other words everyone is selling the GBP, so we are simply joining the current sentiment which is across the GBP complex and so the risk is lower.
There is...
https://youtu.be/lYtz5YrK5ro
The Three Indices We Often Forget as Forex Traders!
Forex traders focus heavily on currency pairs. But intermarket analysis is key. Three indices often get overlooked. They drive risk sentiment and currency flows. Ignoring them misses big clues.
These three indices complete relational analysis. Combine with Quantum indicators on MT5 or NinjaTrader for fuller context. Anna Coulling's VPA approach integrates them seamlessly. Don't forget—markets are connected!
In this video we explain the importance of understanding where the three major currencies are heading, whether intraday or on a longer term basis.
The three main currencies are of course the US dollar, the Japanese yen and the single currency of the euro. The Quantum Trading suite of tools and indicators delivers an index for all three. Using the tab feature in NinjaTrader 8 offers a compact and efficient way to monitor these key currencies across all timeframes whilst optimising screen space. This allows you as a forex trader to track these currencies, and from there have...
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...