Using the currency strength indicator I explain how to understand the issue of mean reversion of which the forex market is an almost perfect example.
https://youtu.be/qBiOZRhoe-s...
If you have never used volume to trade forex, you are missing out on the most powerful approach which reveals the truth behind the price action. Price alone reveals only so much - it is the volume which paints the complete picture for you. Suddenly you will be able to anticipate what is going to happen next. This is the power of volume price analysis.
https://youtu.be/WVMP8MQruc0...
There is no right or wrong way to trade the forex markets or indeed any market, but every tactic has its advantages and disadvantages. In this video find out whether you might prefer to be a reversal trader or trend trader and how to trade reversals using two of the forex specific indicators from Quantum Trading.
https://youtu.be/UlHh8UrYhO8...
Discover how to trade the US dollar with confidence using this simple approach and on any platform. In this example, we use the NinjaTrader platform and create the currency matrix using six of the currency majors, but this approach can be applied in exactly the same way on MT4 or the MT5 platform or indeed any other trading platform. And of course, it can also be applied to any other currency in the same way.
https://youtu.be/vmuCrEwR7E8...
The euro aussie pair delivers some more volume trading lessons as it falls in early trading during the London forex trading session.
https://youtu.be/6qIuxT8UO5M...
Here's how to trade the trend in the London forex session with the GBP/CHF delivering an excellent trend on the faster timeframes.
https://youtu.be/tjKVxrVOtzo...
In the first part of the London forex trading session, I explain all you need to know to trade the euro with confidence ahead of a busy week for the single currency. And the question moving forward is whether Italy will be the next country to leave the EU and return to the lire which allowed it to manage the economy by devaluation.
https://youtu.be/KpNoRp923uM...
If you don't have the currency matrix indicator for NinjaTrader of for MT4/MT5, here's a neat way to create your own and in this video, this one is for the currency majors giving us a great view across the complex of whether the sentiment for the US dollar is universal. In other words, whether the market is buying or selling the US dollar across all the major pairs. If it is, then you are trading with the money flow and a lower risk trade. If no, then the risk on the trade is higher. It's that simple and why the currency matrix indicator is one of our most popular.
https://youtu.be/8ETgQUmrHSY...
Learn how to trade forex using the currency strength indicator and currency matrix indicator, and in particular how to isolate out the currency pairs to focus on those you are trading.
https://youtu.be/_G4X9POpRvI...
No matter which market or instrument you trade, using different timeframes is a foundation stone of trading and one we cover in detail in the mechanics of trading module in The Complete Forex Trading Program The reason is simple. One timeframe will reveal things you would not see in others and so provides a complete view of your trading horizon.
https://youtu.be/77GKpmS3NFo...
