https://youtu.be/ehalrFF3vf8
The forex session crossovers can be a very tricky time with volatility and market manipulation. However, using multiple time frame charts and a Renko chart can help with entries, exits, and position holding. In this video, David & I look at a cable trade and the aud/usd.
In addition, David also introduces our new volume indicators, which we will be launching alongside the Stock Trading and Investing Program. And for details about the Program, please just sign up for our waitlist here: https://bit.ly/3uCSxf5
By Anna Coulling
...
A great example of the price action on cable this week from our MT4 platform. In this profile, we have the Quantum Renko indicator, which is perfect for using with time charts. A Renko chart is ideal for helping to keep us in a trade, as we can see here, as it not only reveals the momentum but also removes the inevitable 'noise' of any trend higher or lower. Multiple time frames give us potential target levels and the specialist forex indicators, namely the currency strength indicator and matrix give us an insight into the strength of flows into the pair in question.
By Anna Coulling
...
In this video David & I explain how the CME Fed Watch Tool's probability that the FED would raise the FED Fund rate to 150-175 led to the latest market meltdown. We also looked at how using the Camarilla pivots in multiple time frames can help to determine our price objective.
https://youtu.be/CnFQezWG4zU
...
The recent price action on PLUG Power is a great example of how the volume point of control along with volume can help to validate a breakaway trade. On this occasion, it resulted in a nice waterfall lower. We now have a nice reversal on the chart with upside levels clearly marked by the Camarilla indicator as Plug attempts to regain the vpoc.
By Anna Coulling
Disclaimer: This analysis is for educational purposes only. It is not a buy or sell recommendation.
Charts courtesy of Ninjatrader...
Ahead of the BOC interest rate decision, we considered the Canadian dollar which can often produce a strong trend. The question is then which pair to select to trade and on this occasion, it was the eur/cad where by using the hourly volume point of control and Camarilla pivots on the faster time frames and Renko chart two entry points were highlighted for the move lower.
https://www.youtube.com/watch?v=2OcGHotCbaI...
Plenty of great trades in the yen, US dollar and Swiss franc as risk on dominates following the FED and ahead of the BOE and ECB decisions as we come to the end of the trading year, US markets determined to end the year on a high!
https://youtu.be/imLeoPSMQk4
...
When it comes to levels and flow trading forex, check out the Camarilla levels indicator. Trading forex is all about levels and flow and one of the most powerful indicators to do the heavy lifting of defining these for us is the Camarilla levels indicator. In addition on both TradingView and NinjaTrader we also have the accumulation and distribution indicator - another excellent tool which can be used in conjunction with the Camarilla levels indicator.
https://youtu.be/7D3oZxmvRdI...
