The power of using multiple timeframes

The power of using multiple timeframes

Using multiple timeframes is one of the keys to trading success and in this morning's forex session we explain why, and using several of the GBP pairs. The reasons are many. First, using this approach reveals how price action in one timeframe, can reveal so much in another. Overlaying two candles is easy, but doing this with several is hard and almost impossible to do quickly. The Quantum Trading indicators for MT5 and NinjaTrader then help, with different signals in different timeframes. One may be signaling a change in trend which is developing, or perhaps a volatility signal is triggered. Finally, the price action itself reveals areas of support and resistance, of deep concentrations of volume which are not apparent on the timeframe of choice. All of these then provide the pieces of the jigsaw, which answer the simple question 'where is the market heading next?' And all underpinned of course by volume price analysis, which again offers powerful insights when applied...
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Spoilt for choice in the fx session – which pair to choose!!

Spoilt for choice in the fx session – which pair to choose!!

A great forex session and one where we were truly spoiled for choice, with the US dollar leading the way as safe haven flows saw the currency of first reserve rise strongly as European markets opened. This was countered with equally strong selling in several different currencies including the Australian dollar, the euro and the pound and clearly signaled on the currency strength indicator. The move in the euro was triggered as a result of problems once more in the Italian banking system, an issue which like Greece, has never been resolved, and which is now rising once again to the surface. But in this session we focused on one of these, the Aussie dollar which delivered a wonderful trend lower, and confirmed with all the associated indicators of the currency heatmap, the currency array and the currency matrix, with safe haven flows driving the US dollar, and equally strong bearish flows driving the Aussie, and combining in wonderful trading opportunity to...
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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

https://youtu.be/QQvzkV2brBE 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 platform. One of the key issues when trading any pair is to understand whether the sentiment for the currency is universal across the currency complex, and here the currency matrix and the currency array step in to help and display this instantly and in all timeframes. This...
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Excellent trades in the majors during the London FX session

Excellent trades in the majors during the London FX session

https://youtu.be/MIwsXPvTWJo Another excellent forex trading session for the European and London open with the pound and the euro in focus as the Far East and Asia session comes to a close. With the US dollar selling off this helped to propel many of the major currency pairs, and with strong euro buying on the faster timeframes, the euro dollar was certainly one which delivered, with the British pound also following suit and helped higher with the Barnier bounce. Once again the currency strength indicator highlights the pairs to consider with the euro rising strongly and counterbalanced with an equally strong move lower for the US dollar, with the British pound moving in to overbought on the faster timeframes, with the currency array then The key as always is in using multiple timeframes and blending time and non time based charts to deliver all the key pieces of the jigsaw. As always some great volume price analysis lessons in this session with the...
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Fundamentals for the GBP and the NZD/USD in focus in today’s London forex session

Fundamentals for the GBP and the NZD/USD in focus in today’s London forex session

https://youtu.be/uqUt3dRh0Xo In this morning's forex session with Anna and David of Quantum Trading, the session starts with Anna considering some of the fundamental drivers for the British pound, and of course Brexit. Over the next few months we are likely to see increasing volatility as the negotiations reach their conclusion. Whether agreement is reached or not, one thing you can be sure of is that each statement or announcement will send the pound sharply higher or lower across the complex. The New Zealand dollar was the pair in focus on the NinjaTrader platform bringing together many of the VPA lessons on the faster timeframes, with a decisive move lower signalled across the complex on the currency array and also on the currency strength indicator. One of the key issues for all traders managing the emotional stress created when a market pauses and reverses, in other words from the primary into the secondary trend, before establishing the initial trend once more. Here we...
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Great VPA lessons on the Swiss franc

Great VPA lessons on the Swiss franc

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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https://youtu.be/nPZJa2zqzxA A great session this morning with David and myself and we started with the EUR/AUD which has been rising strongly for the last few days, and one of the lessons from our private trading chat room where we support our forex education program members. This was an example of an annotated chart of the EUR/AUD posted in the forum in real time and explaining some of the key VPA lessons. One of the hardest things to do in trading is to stay in a trend once a position begins to develop into profit, particularly when the trend pauses and starts to pull back or reverse. This happens in all timeframes and is when the market pauses and moves into congestion. So how do we know whether this is a true change in the primary trend, or simply a move into a secondary trend before re-establishing the primary trend once more, and this is where volume price analysis steps in. This is...
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Risk off sentiment in the London forex session

Risk off sentiment in the London forex session

https://youtu.be/-5MMfQ-uu5Q Recording of this morning's London forex session with the Aussie yen in focus in risk off start to the trading day. It was a risk off start to the trading day with the Japanese yen being bought universally across the market, and with the focus on the Aussie yen in particular. The Quantum currency array indicator highlighted this perfectly in the session with some excellent price action. You can check out all the tools and indicators at https://www.quantumtrading.com and the full education program at https://www.quantumtradingeducation.com...
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How the MT5 currency matrix reveals market sentiment

How the MT5 currency matrix reveals market sentiment

https://youtu.be/tYxQgRGHcjI 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 in the same way. Discover more about the Quantum Trading indicators at https://www.quantumtrading.com...
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Using the MT5 CSI currency strength indicator for scalping

Using the MT5 CSI currency strength indicator for scalping

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...
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