https://www.youtube.com/watch?v=nbbWlQubqIg
There are many drivers for currencies and currency pairs. One is sentiment and in this excerpt from today's forex webinar we explain how related markets can help us identify risk appetite in the market which is then reflected in various currency pairs.
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The volume price analysis methodology is founded on one simple principle. Are volume and price in agreement or disagreement. If they are in agreement all is well and the price action continues. But when they are in disagreement it's time to start the analysis and follow the market makers as they buy, sell or sit on the side lines.
https://youtu.be/GAgtOarFv2U...
https://youtu.be/8nRFO_wsp1A
Discover How to Judge Trading Risk Using the CAD/JPY as an Example
Judging trading risk is crucial for consistent success. Many traders focus only on reward. But risk assessment comes first. The CAD/JPY pair offers a perfect example. CAD is commodity-linked. JPY is a safe-haven. This cross reveals risk sentiment clearly.
One of the key planks of trading success is in understanding and assessing risk on each trade, and in this example, from the London forex session we focus on the CAD/JPY which has several forces which influence it daily, as with so many of the cross-currency pairs in the yen complex.
Why CAD/JPY for Risk Judgment
CAD/JPY measures risk appetite. Strong CAD (rising oil/commodities) with weak JPY signals risk-on. Reverse for risk-off. Volume price analysis (VPA) judges the strength—high volume on moves shows conviction. Low volume warns of traps.
Step-by-Step Risk Assessment with VPA
Relational View: Use currency strength indicator. CAD high, JPY low = risk-on bias. Favor longs.
Volume Confirmation: High volume on...