As the London forex market opens following the overnight session, we focus on two currencies, the British pound and the Aussie. Overnight the Aussie had seen some wild swings on the Chinese PMI data, both before and after the release!!
https://youtu.be/jXMvf6l_-dA...
As the London forex session gets underway, we start with several of the forex specific indicators, such as the currency strength indicator, the currency array indicator forand the currency matrix. In this video we are using the MT5 trading platform, and then move on to consider some of the basic principles of volume price analysis applied to the forex markets and using Wyckoff's three laws.
https://youtu.be/FT7KeJBAZv4...
US indices lead the way on Globex as the London forex session began with sentiment changing. As a result the VIX fell with indices rising and strong selling of the Japanese yen.
https://youtu.be/svEykuvd-J8...
As the London forex market gets underway, equity markets signal a reversal in sentiment along with risk currency flows such as the AUD/JPY. It is interesting to note the currency strength indicator on the daily timeframe with the commodity currencies heavily oversold and risk currencies overbought, so setting up for some excellent longer term trading opportunities for the yen currency pairs.
https://youtu.be/HE1j44W55LY...
https://youtu.be/P_dc3igYbq8
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...
https://youtu.be/jD1PDzyp090
Using the Currency Matrix and Currency Array Together for Forex Trading
The Quantum Currency Matrix and Currency Array are two complementary tools. They provide a complete relational view of the forex market. The Matrix shows pair bias in a grid. The Array visualizes momentum as steep lines. Used together, they reveal sentiment, trends, and opportunities clearly. Volume price analysis (VPA) confirms signals with conviction.
The Currency Matrix: Relational Bias at a Glance
The Matrix grids all major pairs. Cells color-code performance:
Green: Bullish bias (first currency strong).
Red: Bearish bias.
Intensity reflects strength.
This highlights relational extremes. Strong USD weakens all USD pairs (red cells). Traders spot sentiment fast—risk-on or off.
The Currency Array: Momentum and Trend Strength
The Array displays pairs as lines fanning from center. Steep lines = strong momentum. Flat = congestion. This shows trend steepness visually. Long green runs = sustained buying. Deep red = selling pressure.
Switch timeframes easily—daily for trends, lower for entries.
How They Work Together
Combine for deeper insight:
Matrix Spots...
All about sentiment at the London open of the forex session and a classic example of the importance of understanding the relational analysis which I cover in the complete forex education program which you can find here at https://quantumtradingeducation.com
https://youtu.be/kVPOzMjFESo...
The Japanese yen was much in demand in early trading in the London forex session, as overnight concerns of the Chinese virus sent Far East and Asia equity markets lower. This followed through into Europe and London with markets falling. As a result the commodity currencies were much in focus on the currency strength indicator and currency matrix, followed by pound buying later in the session.
https://youtu.be/deUta3lFhno...