More great trades in the London forex session using volume price analysis and the Quantum Trading tools and indicators for MT4/5, Tradestation, NinjaTrader and TradingView.
https://youtu.be/C-EAnORT8Vk...
https://youtu.be/QY5skhZFqao
Trading Forex Can Be Straightforward If You Start at the Right Place
Trading forex can be straightforward if you start at the right place, and that place is with the currency strength indicator from Quantum Trading. The forex market is one of mean reversion and so currencies are in a constant state of flux and revealed for you visually on the currency strength indicator.
Many traders overcomplicate it. The key is starting at the right place. Begin with the currency strength indicator. This tool breaks the complex market into simple building blocks—individual currencies.
Why Start with Currency Strength
Forex involves 8 major currencies. Pairs combine them. But price action alone confuses. The currency strength indicator ranks each currency by relative performance. Strong ones rise. Weak ones fall. This reveals leaders and laggards quickly.
Breaking Down the Market
Think of currencies as building blocks. USD strong? Look for USD longs. JPY weak? Favor shorts in yen pairs. Quantum's indicator on MT5 or NinjaTrader updates live. It turns...
It's all about risk-on and risk-off sentiment trading currencies and why they move from overbought to oversold and back again, all of which is revealed in the key relationships which are all explained in The Complete Forex Trading Program and of which forex sits at the heart. It is the gateway through which
https://youtu.be/E1_IsO1ajhQ...
https://youtu.be/gsfrBGiwiNg
How Do You Decide Whether to Take a Trade? Use the Chart and the Indicators
Deciding whether to take a trade is a key skill. Emotions often cloud judgment. The answer is simple: use the chart and the indicators. They provide objective signals. This removes guesswork and builds discipline. Use the chart and the indicators as explained on the NinjaTrader platform and the AUD/USD on 15 minutes.
Step 1: Read the Chart with Volume Price Analysis
Start with the chart. Volume price analysis (VPA) is essential. Look for price action supported by volume. High volume on up candles shows buying conviction. Low volume warns of weakness. Anna Coulling's methodology focuses on this truth behind price.
Step 2: Confirm with Indicators
Use indicators for confirmation. Quantum Trading tools like Trend Monitor or Currency Strength validate signals. Avoid trades without alignment. Multiple timeframes add context—daily for trend, lower for entry.
Practical Decision Framework
Ask: Does volume confirm price? Do indicators agree? Is risk managed? If yes, take the trade....
https://youtu.be/4MuBeRHESJs
Using the Currency Strength Indicator to Identify Forex Trading Reversal Opportunities
As we approach the year-end, for forex traders this represents a great time of year with plenty of volatility as volume falls in the run up to the holiday season. But this delivers plenty of excellent trading opportunities and the starting point as always is the currency strength indicator which helps to identify when a currency is overbought to oversold and hence guides you to the opportunities immediately.
From there, it's off to the charts, and check out the volume associated with any moves as you look for primary to primary trend reversals.
The CSI Is A Key Indicator
The currency strength indicator is a key tool for spotting forex reversals. It ranks currencies by relative performance. Extreme readings often signal overbought or oversold conditions. This highlights potential turning points before price fully reacts.
Combining with Volume Price Analysis
Volume price analysis (VPA) strengthens reversal signals from the indicator. Look for divergence: a currency at...
