London Forex Session Delivers Great Trading & Volume Price Analysis Lessons
The London forex session delivers great trading opportunities daily. It overlaps with Europe. Liquidity surges early. This creates clear moves. Volume price analysis (VPA) lessons abound here.
A terrific trading session which once again had so many lessons for traders in all timeframes, emphasizing the power of volume price analysis and supported by the Quantum Trading tools and indicators.
As so often happens at the session crossover periods, reversals take centre stage as the market makers move in to trap traders into weak positions. Putting Brexit to one side, the focus here was on the commodity currencies and in particular the cross-currency pairs of the euro, the Aussie dollar, and the Canadian dollar.
Mean Reversion
The forex market is one of mean reversion and none more so at these times, when the market makers are at their most active. For the EUR/AUD the solid bearish trends intraday were duly reversed, but as always it’s a question of identifying whether this is a change from a primary bearish to a primary bullish trend, or simply from a primary bearish to a secondary pullback or reversal before the primary is re-established once again.
In this case, it was the latter with the Quantum currency strength indicator signalling the initial strong trend lower with rising strength in the commodity currencies, before reversing off the overbought regions, as the euro moved away from the oversold area.
But not for long! And all confirmed with volume price analysis across the multiple timeframes, with the volatility indicator, the trend monitor, and the renko indicator all playing their part.
Why London Session Stands Out for VPA
London open brings high volume. Major pairs like EUR/USD and GBP/USD react strongly. VPA reveals intent—high volume on up candles shows buying conviction. Low volume warns of traps. Quantum indicators on MT5 or NinjaTrader highlight these signals visually.
Practical Lessons and Examples
Watch for breakout or reversal setups. A spike on volume confirms direction. Congestion often resolves with volume support. Anna Coulling’s VPA approach teaches patience—wait for confirmation. Quantum Trend Monitor and currency strength tools spot session flows early.
This session rewards disciplined traders. Great trading and VPA lessons combine for consistent results. Use Quantum indicators to navigate London volatility confidently. Apply them for clearer, profitable decisions.
How to Get Started as a Forex Trader
Forex trading offers exciting opportunities. It’s the world’s largest market. Currencies trade 24/5. But success requires preparation. Many beginners lose money rushing in. Start smart. Focus on education and discipline. Volume price analysis (VPA) provides the foundation.
Step 1: Build Your Knowledge Base
Learn the basics first. Understand currency pairs, pips, leverage, and lots. Study major drivers—interest rates, economic data, geopolitics. Read books like Anna Coulling’s A Complete Guide to Volume Price Analysis. This introduces VPA—reading volume with price for true market intent.
Free resources: Demo accounts, online courses, economic calendars.
Step 2: Choose a Reliable Broker and Platform
Select a regulated broker (FCA, ASIC, CFTC). Start with MT4/MT5 or NinjaTrader. These support Quantum indicators. Open a demo account. Practice risk-free. Fund a live account only when consistent on demo.
Step 3: Master Risk Management
Risk management is key. Never risk more than 1-2% per trade. Use stop losses always. Leverage amplifies gains—and losses. Beginners should avoid high leverage.
Step 4: Apply Volume Price Analysis (VPA)
VPA is your edge. High volume on moves shows conviction. Low volume warns of traps. Quantum indicators on your platform enhance VPA—Currency Strength for pair selection, Trend Monitor for direction.
Start with majors (EUR/USD, GBP/USD). They have tight spreads and reliable volume.
Step 5: Develop Discipline and Journal
Trade a plan. Journal every trade—why entered, exited, lessons. Emotions kill accounts. Patience wins.
Forex trading rewards the prepared. Start slow on demo. Master VPA with Quantum tools for consistent progress. Most lose rushing—build habits first.
Get started today. Quantum indicators make learning faster and trading clearer.
By Anna Coulling