What the currency strength indicator also reveals!

What the currency strength indicator also reveals!

by Quantum Trading Comment Closed
https://youtu.be/gx-c8nzLV2s When Not to Trade Knowing when not to trade is as important as knowing when to enter. Many traders lose money chasing every setup. Discipline means sitting on your hands sometimes. This protects capital and improves long-term results. The currency strength indicator is the starting point for any trading day, and you might ask why. The reason is very simple. Because it breaks this complex market of currency and counter currency down into the building blocks. In other words, the individual currencies themselves give you a clear and visual picture of which are moving and which are not. From this, you can then build your own currency pairs into those that are likely to be trending strongly, where one currency is rising and another falling. In addition, and just as important, the indicator also shows you which currency pairs to avoid for the time being. So it maximises your trading time, and delivers the strongly trending pairs we all need! Key Times to Stay...
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How to use the currency dashboard and much much more!

How to use the currency dashboard and much much more!

by Quantum Trading Comment Closed
https://youtu.be/F97OuXpR7ws How to Use the Currency Dashboard – and Much More on Trading Yen Pairs Another excellent session in the London forex markets as we explain how to use the currency dashboard and the components of the currency strength indicator, the currency matrix, the currency array and finally the currency heatmap. Then we cover some great volume-price analysis lessons on GBP/JPY and EUR/JPY, with the volatility indicator in evidence as always! The Quantum Currency Dashboard is a complete relational toolkit for forex traders. It combines four indicators: Currency Strength Indicator, Currency Matrix, Currency Array, and Currency Heatmap. This dashboard reveals market sentiment instantly. It's especially powerful for trading yen pairs (JPY crosses). These are driven by safe-haven flows and risk sentiment. Volume price analysis (VPA) confirms signals with conviction. Step-by-Step: Using the Currency Dashboard Open the dashboard on MT5 or NinjaTrader: Currency Strength Indicator Ranks currencies live. Strong at top, weak at bottom. Start here—spot relational leaders. Currency Heatmap Colors pairs by intensity. Deep green...
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More volume price analysis lessons in the London forex session

More volume price analysis lessons in the London forex session

by Quantum Trading Comment Closed
https://youtu.be/nSQDTEZofCw More Volume Price Analysis Lessons in the London Forex Session The London forex session offers more volume price analysis (VPA) lessons. High liquidity creates clear signals. Volume surges early. This reveals true market intent. Traders learn to spot conviction quickly. More great volume price analysis lessons this morning in the London forex session as we focused on the British pound, with further volatility expected as Brexit continues to exert its influence across the complex. But we started with a look at the NZD/CAD on the daily timeframe which continues to remain firmly anchored to the top of the heatmap, as we wait for the pair to weaken and move away from this extreme position. As always, patience is required, and the approach here is the same, whether for the currency strength indicator or the currency heatmap when trading extremes. For the former it is the currencies themselves, and for the latter it is the currency pairs. In either case, patience is required along...
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Cycles explained with the currency strength indicator and volume price analysis

Cycles explained with the currency strength indicator and volume price analysis

by Quantum Trading Comment Closed
https://youtu.be/wIBw-heIsts In this morning's forex trading session, David and I explained the price cycle for forex markets, and through the prism of the Quantum Trading currency strength indicator. This indicator for MT4, MT5, and NinjaTrader describes the journey every currency makes from overbought to oversold and back again and reflecting the Wyckoffian principles of primary and secondary trends, as well as explaining how markets move from accumulation to distribution and back again in all time-frames. All of this is of course underpinned by their core methodology which is volume price analysis and which is complemented with the full suite of tools and indicators from Quantum Trading. By Anna Coulling Charts from MT5 and NinjaTrader...
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MT5 currency matrix delivers a great eur/jpy trade!

MT5 currency matrix delivers a great eur/jpy trade!

by Quantum Trading Comment Closed
https://youtu.be/JQuxJBCsZEs In this video we focus on the currency matrix and how to use it in combination with the currency strength indicator. In this example from early in the London session bullish sentiment for the euro drives several pairs but the euro yen really does deliver, and we return to follow the price action later in the morning, as this pair continues to rise strongly. A fantastic example and supported of course by the Quantum currency strength indicator and the other tools and indicators on the charts themselves. Understanding universal sentiment and flow is key to currency trading success, and the currency matrix indicator for MT5 delivers, visually and clearly in all time-frames showing you instantly which pairs are rising strongly and which perhaps are not following the general market sentiment....
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How the MT5 currency matrix reveals market sentiment

How the MT5 currency matrix reveals market sentiment

by Quantum Trading Comment Closed
https://youtu.be/tYxQgRGHcjI How the MT5 Currency Matrix Reveals Market Sentiment The MT5 currency matrix reveals market sentiment clearly. It displays relational strength across all major pairs. A heatmap format ranks currencies visually. Strong ones appear in green. Weak ones show in red. This exposes overall mood instantly. 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...
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