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...
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...
IN this session from the London forex session we explain how to use the currency strength indicator to help you get into a trend.
https://youtu.be/P_dc3igYbq8...
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...
In the London forex session we show you how to apply the Quantum Trading indicators to trading forex using the MT4/MT5 and NinjaTrader platforms.
https://youtu.be/1q-G2qm3eZI...
An earlier session than usual which began at 7am and through into the London forex session at 8am, and as always a time when the volatility indicator works overtime as the market crossover brings the market makers in to feed. Rather like sharks waiting for the shoals of small fish as feeding time approaches! And we were not disappointed as we focused on the GBP in particular along with the euro.
https://youtu.be/73DoUVD4uEo...
https://youtu.be/-UXiblDcAho
What a combination, and even in thin markets, the renko indicator from Quantum Trading with the trend monitor and trends indicators deliver. With the US markets closed for the 4th July celebrations, volumes were thin, but with the renko indicator coupled with the trends and trend monitor indicator scalping trades were delivered....
