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/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...
https://youtu.be/d8pPI6vgIlM
In this short video we explain the power of using the Quantum Trading currency strength indicator in multiple timeframes on the MT5 platform. And in this example we are using the MT5 platform once again which provides a much wider choice of timeframes using both the standard and custom options. Here we have the currency strength indicator applied to the 5 minute the 10 minute and the 15 minute timeframes, and focused on the EUR/CAD currency pair.
Here we can see the trend is already underway and confirmed by the currency strength indicator with the euro currency falling strongly and the Canadian dollar rising just as strongly. This is where we see the strongest trends develop and the steepness of the line for each currency gives us clear and strong signals of the strength of the momentum for this pair, with strength in one and weakness in the other, providing the prefect combination for a strong trend in the pair.
The trend...
https://youtu.be/CVV1hQegI-Q
MT5 Currency Strength Indicator in Action
The MT5 Currency Strength Indicator (CSI) is a powerful tool for forex traders. It ranks major currencies by relative performance in real time. This reveals market dynamics quickly. Quantum's CSI on MT5 updates live. It helps spot trends, ranges, and reversals early.
In this video, we show the Quantum Trading MT5 currency strength indicator in action, and focus in particular on the Japanese yen. This has been the ' go to' currency for the last few weeks as risk on and risk off sentiment has ebbed and flowed intraday, and reflected particularly in the yen cross pairs.
In this example, we have the 15-minute chart for NZD/JPY, with the currency strength indicator providing all the clues and signals for this strong trend higher: the New Zealand dollar is being bought strongly, and the Japanese yen is being sold equally strongly. The currency strength indicator is now available for both MT4 and MT5 platforms. You can find all...
https://youtu.be/dTzV7-N7KFY
Identifying trend strength and momentum is not easy, and trading strength and momentum is even more difficult, which is why we developed the Quantum currency array indicator. With this single elegant indicator not only can we see which currency pairs are trending strongly, but also the momentum of this trend, as well as see those pairs that are in congestion. And finally we can quickly identify those pairs that are potentially approaching an overbought or oversold sold.
The MT5 version of the indicator works on both standard and custom time frames, which means we spot signals much earlier, and in addition we have also built into the indicator a bookmark feature which gives us the option to bookmark a currency pair of interest making it easier and quicker to identify on the ranking ladder.
By Anna Coulling...
GBP/JPY Begins to Turn on the Daily Chart
GBP/JPY begins to turn on the daily chart. This yen cross shows early reversal signals. Price action shifts after prolonged moves. Traders watch closely for confirmation.
The currency strength indicator on the daily timeframe has been signalling the UK pound as strongly overbought (yellow line) and the Japanese yen (magenta line) as oversold for some time, and today has finally seen the pair move lower following last week's extended congestion phase in the 151 area of the chart.
This period of price action was preceded with the two bar reversal, sending an intial signal of weakness following the overreaction to hawkish comments from the BOE, with wide spread price action in the up move, not supported or validated with volume. |For any such move, volumes should have been dramatically higher, a clear sign of the lack of participation by the insiders, and signal of a trap being set. The trap has now been sprung and...
VIX Continues to Drift Ever Lower
The VIX continues to drift ever lower. This signals calm markets. Low readings reflect investor complacency. Expected volatility in the S&P 500 stays subdued. Traders interpret this as risk-on sentiment.
What Is the VIX and How Does It Work
The VIX, or CBOE Volatility Index, is known as the "fear gauge". It measures implied volatility from S&P 500 options prices. Calculations look 30 days ahead. High VIX shows fear and uncertainty. Low VIX indicates confidence and stability.
Volatility Indicator as a Sentiment Indicator
A drifting lower VIX displays bullish market sentiment. Investors feel safe buying equities. Safe-haven currencies like yen weaken. And volume price analysis (VPA) complements this—low volatility often aligns with steady uptrends and rising volume.
Trading Implications
Low VIX can precede tops if complacency peaks. Watch for sudden spikes as reversals. Quantum indicators on NinjaTrader or TradingView track VIX alongside equities. Anna Coulling's VPA approach uses it for intermarket context.
Monitor the VIX drift carefully. It reveals sentiment shifts early....
David and I delighted to announce the range of Quantum Trading indicators and apps are now available on Tradable, and both David and I are excited to be associated with such an innovative and dynamic company.
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