https://youtu.be/x-kqt_w8qUQ
Assessing Risk and Reward the Correct Way!
Many traders insist on fixed risk-reward ratios like 2:1 or 3:1. This seems simple. But it's often nonsense. Rigid rules ignore market context. Volume price analysis (VPA) offers a better way. Let the chart decide risk and reward naturally.
Many traders talk of risk and reward and the fact they do not take a trade unless there is a 3 to 1 risk reward ratio or 2 to 1 - but how do they know, and does the market actually care what they need or want! There is a simple and logical way to assess the risk on each trade, and any potential reward by studying the chart and from there deciding whether to take the trade or not. The chart will reveal in multiple timeframes what is ahead and therefore likely to offer support or resistance, or where the market is likely to congest. Then and only then can you make a decision based...
https://youtu.be/XsLiEzOvFe8
How to Start Your Forex Trading Day on MT5
Starting your forex trading day on MT5 sets the tone for success. A consistent routine builds discipline. Begin with preparation. Review overnight news and economic calendar. This avoids surprises in major pairs.
At the start of the London forex trading session I explain how I use the currency trading dashboard for MT5 and the steps to follow in highlighting the opportunities ahead for the session. The currency dashboard comprises the currency strength indicator, the currency matrix, the currency array and finally the currency heatmap. All have a part to play and I start with the currency strength indicator which is our radar on the market and not hard to understand why.
1. It breaks the forex market down into the building blocks of the market – in other words the currencies themselves
2. This is always the place to start with any analysis of the FX market – the individual currencies – it reveals individual...
https://youtu.be/rS6hgiODSCA
Forex Trading Success Is All About Choosing the Right Currency Pair for a Strong Trend
Forex trading success depends on one key decision. Choose the right currency pair. Focus on those with strong trends. This maximizes reward while minimizing noise. Random pairs lead to chop and frustration.
Forex trading success is all about choosing the right currency pair and the starting point is the currency strength indicator. Here strength and weakness in the individual currencies is revealed simply and clearly which is why we call it out sonar on the market. Like the device trawlers use to locate shoals of fish, so we use it to identify reversals and strong trends in the building blocks of the markets - the currencies themselves.
However, when a currency is rising or falling strongly, this does not mean it is doing this across the complex, and so we are constantly looking for the a strong move for the counter currency in the opposite direction. So if...
https://youtu.be/s8mBkIEETOo
Brexit in Focus Once More for the British Pound
Brexit returns to focus for the British pound. Political or trade developments spark volatility. GBP pairs react sharply. Traders watch sentiment shifts closely. This creates opportunities in cable and crosses.
With Brexit once more in the headlines it's the British pound which is delivering some great forex trading opportunities across the pound complex and worries concerning a no deal surface once more and drive the currency lower on the daily timeframe. But remember, when a currency is driven in this way expect to see volatility and plenty of trap moves intraday which is where the volatility indicator steps in. And the news for the pound was made worse by the release of news concerning a vaccine trial which had run into problems. So not a happy time for the pound at present!
Volume Price Analysis During Brexit News
Volume price analysis (VPA) is essential here. News drives spikes. High volume on moves shows conviction. Low...
https://www.youtube.com/watch?v=c6ZSK7m47KM
Using volume price analysis and the quantum tools and software gives traders and investors an unparalleled advantage in all markets and time frames as we can in this video where we consider both the NQ emini and the gbp/cad spot currency pair.
Volume Price Analysis (VPA) reveals market intent through price and volume. High volume on moves shows conviction. Low volume warns of weakness or traps. These examples from NQ Emini (Nasdaq futures) and GBP/CAD illustrate VPA signals in action. Quantum indicators enhance clarity on NinjaTrader or MT5.
What Is Meant by Tape Reading and Is This the Same as VPA – Price and Volume on the Tape?
Tape reading is one of the oldest trading techniques. It dates back to the early 20th century. Traders watched the "ticker tape"—a continuous stream of price and volume data from stock transactions. This "tape" revealed real-time order flow. Professionals interpreted it to spot buying or selling pressure. High volume on upticks showed demand. Low volume...
Here's how to trade the trend in the London forex session with the GBP/CHF delivering an excellent trend on the faster timeframes.
https://youtu.be/tjKVxrVOtzo...
In the first part of the London forex trading session, I explain all you need to know to trade the euro with confidence ahead of a busy week for the single currency. And the question moving forward is whether Italy will be the next country to leave the EU and return to the lire which allowed it to manage the economy by devaluation.
https://youtu.be/KpNoRp923uM...
https://www.youtube.com/watch?v=J_bLa9Yue38&t=508s
Trend Trading Using a Currency Strength Meter
Trend trading becomes easier with a currency strength meter. It ranks currencies by performance. Strong currencies lead trends. Weak ones lag behind. This reveals clear relational opportunities.
Combining with Volume Price Analysis
Volume price analysis (VPA) supercharges the meter. Focus on extreme rankings for sustained trends. High volume on moves confirms conviction. Quantum Trading's meter includes alerts for timely entries on MT4/MT5 or NinjaTrader.
Benefits and Practical Tips
This approach simplifies trend identification. Pair strongest with weakest currencies. Avoid middling pairs in choppy markets. Anna Coulling's methodology uses the meter to ride trends longer with confidence.
Master trend trading with this tool. Quantum indicators make spotting and staying in moves straightforward.
How the Quantum Currency Strength Indicator Helps Forex Traders Find Trades Fast – and Why It's the Place to Start
Forex trading can feel overwhelming. 28 major pairs update constantly. Sentiment shifts quickly. Many traders waste time scanning charts. The Quantum Currency Strength Indicator changes this. It ranks currencies by...
https://www.youtube.com/watch?v=rd1Dt661GSc
Using cross-market analysis for sentiment and seeing it reflected in the flows into the risk on risk currencies using our specialist tools such as the currency strength indicator and the currency matrix. These are two of four, the other two being the currency array which helps to determine trend strength and lastly the heatmap which looks at 28 currency pairs in multiple time frames on one chart.
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