Getting into a Trend Using the Currency Strength Indicator
Getting into a trend early gives traders an edge. The currency strength indicator helps spot these opportunities. It ranks currencies by relative performance. Strong currencies rise to the top. Weak ones fall to the bottom. This reveals emerging trends quickly. In this session from the London forex session we explain how to use the currency strength indicator to help you get into a trend.
How the Indicator Signals Trends
The indicator updates in real time. Look for sustained extremes—currencies staying strong or weak over sessions. Pair the strongest with the weakest for momentum plays. Volume price analysis (VPA) confirms entry—high volume on moves shows conviction.
Practical Steps for Trend Entries
Select pairs from extremes on the indicator. Confirm with higher timeframe alignment. Enter on pullbacks with volume support. Quantum Trading’s indicator on MT5 or NinjaTrader includes alerts for timely action. Avoid middling pairs in choppy markets.
Anna Coulling’s approach uses this for disciplined trend trading. The currency strength indicator simplifies getting in early. Quantum tools make trend entries reliable and confident. Start applying it for stronger results.
Wyckoff Secondary and Tertiary Trends: How VPA Helps You Stay in the Primary Trend
Richard Wyckoff’s methodology divides market cycles into primary, secondary, and tertiary trends. Understanding these helps traders avoid traps. Volume price analysis (VPA) reveals which trend dominates. This keeps you aligned with the main move.
Primary, Secondary, and Tertiary Trends Explained
- Primary Trend: The long-term direction (bull or bear market). Lasts months or years. This is where big profits come from.
- Secondary Trend: Counter-moves within the primary. Corrections in uptrends or rallies in downtrends. Typically 33-66% retracements. They shake out weak hands.
- Tertiary Trend: Short-term fluctuations within secondary moves. Noise or minor reactions—often traps.
Wyckoff saw markets as accumulation → markup → distribution → markdown. Secondary trends are pauses. Tertiary are intraday wiggles.
How VPA Helps Stay in the Primary Trend
VPA reads volume to distinguish trends. High volume in primary direction shows conviction—institutions driving. Low volume secondary moves signal weakness—opportunities to add positions.
- Secondary Pullbacks: Price corrects on low volume—no real selling. VPA spots this—buy dips in uptrends.
- Tertiary Noise: Short spikes on low volume—ignore or fade.
- Primary Confirmation: High volume continuation = stay in.
Quantum Trend Monitor on NinjaTrader aligns primary direction. Accumulation/Distribution confirms building phases.
Practical Examples
Bull market primary uptrend. Secondary correction—price falls 50%. Volume low—no conviction selling. VPA signals accumulation. Long on rebound.
Bear market primary down. Secondary rally on low volume—distribution. Short the failure.
Tertiary: Intraday spike on low volume—trap. VPA ignores until volume supports.
Benefits for Traders
VPA prevents exiting too early on secondary moves. Stay in primary for bigger rewards. Avoid tertiary noise. Anna Coulling’s VPA with Quantum tools turns Wyckoff’s trends into disciplined trading.
Master secondary and tertiary trends with VPA. Focus on primary for consistent results. Quantum indicators make alignment reliable.
By Anna Coulling