https://youtu.be/kkPpVhA-AQg
Step 1: Start with the Currency Strength Indicator
In the London forex session we explain how to apply some of the currency trading tools and indicators for MT5 and Ninjatrader on time based charts, before moving to the renko indicator with the trend monitor and trends indicators.
The currency in focus was the euro across the complex with strong moves for the pound and the US dollar.
The Currency Strength Indicator ranks major currencies live. Strong ones rise to the top. Weak fall to the bottom. Extremes highlight opportunities:
Top currency vs bottom = strong trend potential.
Sustained extremes = momentum trade.
Fading extremes = reversal setup.
This is your starting point—scan for relational leaders fast.
Step 2: Confirm with the Currency Matrix and Heatmap
The Matrix grids all pairs. It shows cross-pair bias. Bold colors flag momentum. The Heatmap adds intensity—deep green/red cells signal active pairs.
Look for alignment:
Strong currency in CSI = green cells in matrix row.
This relational confluence identifies high-conviction trades.
Step 3:...
Once again it is the power of the volatility indicator which is revealed as the forex markets exploded into life ahead of the London open, with the Japanese Yen and the Swiss Franc selling off sharply, with equally strong buying of the commodity currencies. With the volatility indicator signalling a move outside the average true range, and with indices also spiking them reversing, a strong reversal then took place as expected.
https://youtu.be/_9OzIzwDDdU...
https://youtu.be/fw0LcOh9mwo
Using the Quantum Tools and Indicators in the London Forex Session
The London forex session is high-volume and volatile. It overlaps with Europe. Liquidity surges early. This creates clear opportunities. Quantum tools and indicators make navigating it simple and effective.
Key Quantum Indicators for London Session
Start with the Currency Strength Indicator. It ranks currencies instantly. Spot extremes for high-probability pairs. Add the Currency Matrix for relational views. This shows cross-pair dynamics. Volume price analysis (VPA) confirms signals—high volume on moves validates conviction.
Practical Application and Benefits
Focus on majors like EUR/USD or GBP/USD. Use Trend Monitor to stay aligned. Accumulation/Distribution highlights building phases. Alerts keep you ahead of fast moves. Anna Coulling's VPA approach with Quantum tools turns London volatility into disciplined trades.
This session rewards prepared traders. Quantum indicators on MT5 or NinjaTrader provide the edge. Use them for confident decisions in the London forex session. Spot flows early and trade with precision.
What Is a Currency Strength Indicator?
A Currency Strength Indicator (CSI) is a...
https://youtu.be/HRgkvTJjJRY
A Masterclass in Trading Forex Using the Quantum Trading Indicators and Volume Price Analysis
Trading forex successfully requires more than price charts. Volume price analysis (VPA) adds the missing piece. It combines price action with trading volume. This reveals true market intent. Quantum Trading indicators make VPA accessible and powerful on MT5 or NinjaTrader.
This morning's forex trading session was a masterclass in trading, combining every aspect in one powerful lesson. The GBP/JPY provided a perfect example, starting with the base methodology of volume price analysis as the move higher came to a temporary halt in the faster timeframes and duly reflected on across the currency dashboard in terms of the currency strength indicator, the currency matrix, the currency array and finally the currency heatmap.
Multiple Timeframes
Multiple timeframes are a key aspect coupled with support and resistance, the volume point of control and of course related markets in terms of risk sentiment. The currency indices too also play a pivotal role in identifying...
How Currency Focus Shifts Across Forex Sessions: London to US to Asia
Forex markets run 24/5. Focus shifts between major sessions. This creates unique opportunities. London, New York, and Asia each highlight different currencies. Volume price analysis (VPA) tracks the transitions. Quantum indicators make spotting shifts reliable.
One of the keys to success as a forex trader is in being able to see currency strength and weakness instantly and across the timeframes. In early trading this morning we have a classic example described by the Quantum Trading currency strength indicator across the faster timeframes. We see the strong buying of the British Pound ( the yellow line) and also the Euro ( the orange line) from the 5 minute through to the 30 minute chart. With both currencies rising so strongly and across the timeframes, it is simply a question of deciding which pair to focus on as the counter currency and trade accordingly.
This set up is one we are looking for...
Good to see the Kiwi on a bit of tear (the white line on the currency strength indicator), but comes as no surprise given how oversold it was at the end of last week. We've been tracking the NZD/USD which has had a huge move higher overnight & broken through the VPOC on the daily chart and is now touching the 100 ma.
As we mentioned in yesterday's webinar although December price action can often seem erratic, it can nonetheless offer some great trading opportunities. And those of you who come along regularly to our webinars will know David & I are great fans of both the Kiwi and Aussie!
Kiwi Roaring Higher on the Currency Strength Indicator
The Kiwi (NZD) is roaring higher recently. This commodity currency shows strong momentum. The currency strength indicator highlights it clearly. NZD ranks at the top against majors. Traders spot bullish opportunities in NZD pairs.
CSI on Slower Timeframes
The currency strength indicator works across all timeframes. On...
VIX Continues to Drift Ever Lower
The VIX continues to drift ever lower. This signals calm markets. Low readings reflect investor complacency. Expected volatility in the S&P 500 stays subdued. Traders interpret this as risk-on sentiment.
What Is the VIX and How Does It Work
The VIX, or CBOE Volatility Index, is known as the "fear gauge". It measures implied volatility from S&P 500 options prices. Calculations look 30 days ahead. High VIX shows fear and uncertainty. Low VIX indicates confidence and stability.
Volatility Indicator as a Sentiment Indicator
A drifting lower VIX displays bullish market sentiment. Investors feel safe buying equities. Safe-haven currencies like yen weaken. And volume price analysis (VPA) complements this—low volatility often aligns with steady uptrends and rising volume.
Trading Implications
Low VIX can precede tops if complacency peaks. Watch for sudden spikes as reversals. Quantum indicators on NinjaTrader or TradingView track VIX alongside equities. Anna Coulling's VPA approach uses it for intermarket context.
Monitor the VIX drift carefully. It reveals sentiment shifts early....
With year end on the horizon, now perhaps is a good time to see what the Swiss franc has been up in an effort to determine what the currency is likely to be doing in the run up to the 15th January 2015 anniversary when the SNB (Swiss National Bank) removed the floor of support for the currency, unleashing a wave of volatility on the markets not seen since the dark days of the financial crisis back in 2008.
From a technical standpoint the Swiss Franc is now heavily oversold on the hourly and daily currency strength indicator, against most of its counterparts, with the exception of the where the picture is very different, with the pair firmly range bound albeit well below the 1.20 price point, which triggered the January volatility.
With regard to the other CHF pairs, and in particular the USD/CHF the current move higher that started in mid October is now reaching an exhaustion point, as the pair...
The RBNZ certainly livened things up overnight - I don't remember seeing quite so many gaps or such strong moves delivered by one currency! NZD is pretty illiquid at the best of times, so any volatility will magnify any moves.
With the NZD it's a case of the central bank making it very clear further rate cuts are on their way & with the US finding some bullish sentiment this morning - NZD/USD looks set for a further fall. So far this morning the pair has managed to find some support at the 0.70 region, but a quick look at the weekly and monthly chart reveals the extent of this bearish sentiment. with the month chart in particular, where the price is now at the 200 ma.
The VPOC ( volume point of control) is now well above the current price action and adding further weight to the bearish sentiment. In addition, with several LVN (low volume nodes) we are likely to...
USD/CAD Now Testing Key VPOC Level
USD/CAD is now testing a key Volume Point of Control (VPOC) level. VPOC marks the price with highest traded volume. It acts as strong support or resistance. Price often reacts here with bounces or breaks.
Once GBP data is out of the way we can then look forward to the unemployment claims in the US and the Ivey PMI from Canada. Both items are released at the same time & here expect to see the biggest reaction in the USD/CAD. On the daily chart for the pair the resistance in the 1.2470 - 1.25 region (which also coincides with the VPOC), is putting a temporary brake on any move higher. On our daily currency strength indicator, we do appear to have more downside for the CAD, particularly against the euro, where we recently had a strong move away from the resistance in the 1.38 region.
As always the Canadian dollar will also reflect price trends for oil,...
