Euro, yen and pound in focus as London FX opens

Euro, yen and pound in focus as London FX opens

by Quantum Trading Comment Closed
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...
Read More
Aussie and euro feature in the London forex session

Aussie and euro feature in the London forex session

by Quantum Trading Comment Closed
https://youtu.be/h8RAmPZGqjI In this morning's forex session we saw a nice move in the Aussie Dollar with some classic volume price analysis lessons when combined with the Quantum Trading indicators. The euro also produced a nice move lower with the renko charts on MT5 leading the way. The renko charts on MT5 are unique as they allow you to add both standard indicators and the Quantum tools and indicators directly to the chart. The trends indicator and te trend monitor indicator work perfectly with this style of chart as you can see from the euro dollar in the European session just ahead of the London open....
Read More
Euro index on MT5 now available

Euro index on MT5 now available

by Quantum Trading Comment Closed
We now have a euro index for MT5 which can be invaluable when trading a pair such as eur/jpy which has been in an uptrend since yesterday. What's interesting about this move higher on the hourly chart is how in one move we have at least three different types of sea states. The beginning of the move higher (as denoted by trend monitor turning blue) is characterized by a trend without volatility as the pair moves gently higher before the price action goes into congestion with trend dots turning grey. We then see two strong volatility candle as the result of the BOJ & on the faster time frames we would have seen plenty of whipsaws with many traders attempting to catch some pips. However, this injection of energy into the pair has resulted in a continuation of the trend, but this time with momentum as we wider spread up candles & a much steeper incline. Typically after many such moves...
Read More