Nice move in the euro along with the pound in the London session

Nice move in the euro along with the pound in the London session

by Quantum Trading Comment Closed
https://youtu.be/QQvzkV2brBE Nice Move in the Euro Along with the Pound in the London Session A nice move unfolded in the euro and pound during the London session. Both currencies gained strength. EUR/USD and GBP/USD rallied steadily. This reflected positive European sentiment. Traders spotted relational opportunities in majors and crosses. Another great session this morning with David and myself as we showcase the Quantum Trading tools and indicators through the European open and into the London session, and the two currencies we focused on here were the British pound and the euro. As you would expect these are the currencies that take centre stage as European markets open, and we were not disappointed with the euro finding some positive sentiment and sending it firmly higher against the US dollar which was equally bearish on the faster timeframes, and so developing a nice trend. And of course this was clearly in evidence on the currency strength indicator on both the MT5 platform and the NinjaTrader...
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Great forex session with the GBP/AUD, the GBP/JPY and the AUD/JPY all in focus

Great forex session with the GBP/AUD, the GBP/JPY and the AUD/JPY all in focus

by Quantum Trading Comment Closed
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...
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Great trend higher on the Euro Aussie supported by Quantum indicators

Great trend higher on the Euro Aussie supported by Quantum indicators

by Quantum Trading Comment Closed
https://youtu.be/Z_wZivsstBw Great Trend Higher on the Euro Aussie Supported by Quantum Indicators The Euro Aussie (EUR/AUD) shows a great trend higher. Bullish momentum builds steadily. This cross pair reacts to euro strength and Aussie commodity flows. Traders spot sustained upmoves with clear conviction. In this video we look at a great trend in the faster timeframes for the EUR/AUD and supported as always by the Quantum Trading indicators. The first of these is the tick volumes indicator which helps in the analysis of volume and price which is a key plank of technical analysis. Then we consider the trend monitor indicator which helps to keep us in through those inevitable pullbacks and reversals which occur in all trends higher or lower. The dynamic support and resistance indicator then plays its part. It defines those areas of stronger or weaker price levels where support and resistance are ket. Finally we touch on the pivots indicator and the volatility indicator. And all using the 20...
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Great VPA lessons on the Swiss franc

Great VPA lessons on the Swiss franc

by Quantum Trading Comment Closed
https://youtu.be/yNvSwgRt-B4 This morning's session with Anna and David of Quantum Trading followed both the London and European open, with the Swiss franc the currency in focus and in particular for the Swiss yen. The timeframe here was the 30 minute with the longer term bullish trend picking up momentum once more with volume driving the pair higher, as shown on the annotated example. Throughout this phase of price action the trend monitor has helped to confirm the trend as the bearish trend weakened before picking up the bullish tone with a consequent rotation from bright red to bright blue. More importantly, even though the trend paused, the trend monitor with the trend line continued to flag bullish sentiment and helping to keep traders in the trend. This is one of the hardest things to do in trading as the emotional response is to close out and take any profit off the table resulting in a small profit, rather than a larger one...
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Aussie dollar and gold in focus in the London session

Aussie dollar and gold in focus in the London session

by Quantum Trading Comment Closed
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...
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Support and resistance in the London forex session

Support and resistance in the London forex session

by Quantum Trading Comment Closed
https://youtu.be/Eh0op7e7RIo Support and resistance is a key component of the volume price analysis methodology and in the London session Anna and David use various examples in various timeframes to explain the underlying concepts, and supported with the Quantum Trading tools and indicators for MT4, MT5 and NinjaTrader. In this session Anna and David look at several examples and in particular for the British pound and the euro as we move from the European open and into the London trading session. The pound has been in sharp focus for the last few weeks as Brexit concerns continue and the prospect of no deal with Europe. The longer term trend for the pound remains bearish but for how much longer?...
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Trading gold on the MT5 platform during London session

Trading gold on the MT5 platform during London session

by Quantum Trading Comment Closed
https://youtu.be/Jkkhx3OqLc4 Trading Gold on the MT5 Platform During London Session Trading gold on MT5 during the London session offers high volatility. This precious metal reacts to risk sentiment. London overlap brings liquidity. Moves accelerate early. Traders spot opportunities in XAU/USD. Gold has been very bearish on the longer term charts and in the early part of the London session this has continued on an intraday basis, as we trade gold on the MT5 platform. The Quantum Trading tools and indicators work in exactly the same way for trading gold, or indeed any other commodities, stocks or indices which are available on the MT5 platform. Also here we focus on the Trend Monitor indicator which helps us to stay in and not be shaken out of a strong position when the market pauses or reverses temporarily. This is one of the hardest things to do in trading, and is where profits are made and lost. Also here we have the Quantum USDX dollar index running in...
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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....
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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...
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US dollar index on MT5 ahead of FOMC

US dollar index on MT5 ahead of FOMC

by Quantum Trading Comment Closed
Just a quick update on the dollar index levels on the 8 hour chart for the MT5 USDX indicator. The dollar index is currently trying to break through the S4 I mentioned yesterday at 93.97 having failed to make any progress beyond 94.20. In other words index is trading in less than a 30 pip range. This tight range & these levels will, of necessity, impact what is going on in the faster time frames and determine a) the viability of any trade & b) the risk on that trade. Range may increase once US opens and we also have end of month flows in and out of USD as fund managers rebalance portfolios, & of course we have the FOMC tomorrow. So all in all not easy, particularly if you are only using time charts. In this type of market condition it's important to have a non time based chart such as a renko as it will make finding entries...
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