Many of the currency market pairs remain rangebound and trading in congestion ranges as risk on and risk off oscillates with the ebb and flow of pandemic news daily, with fundamental data taking a secondary role.
https://youtu.be/0fk3C9KbKOQ...
If you're looking for a volatile currency pair to trade look no further than the GBP/JPY as I take a look at where it might be heading next.
https://youtu.be/4jPioInlNyg...
The VIX index is one of the most powerful indicators, revealing as it does, fear and greed in equal measure and based on the balance of call and put options, which makes it a key chart for all index traders.
https://youtu.be/uTHIgtFrx0g...
When currencies are moving in the same direction expect congestion as there is no force driving the two apart. When there is divergence, a trend develops and all is revealed on the currency strength indicator, whether for NinjaTrader, MT4, MT5 or TradingView.
https://youtu.be/-5ubJ29_EsQ
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After the ECB It’s Time to Take a Look at the EUR/AUD
The ECB decision shifts focus to EUR/AUD. Euro reacts to policy hints. This cross pair highlights relational dynamics. Aussie ties to commodities. Traders spot sentiment clues here.
ECB Impact on Euro
ECB announcements drive euro volatility. Dovish tone weakens EUR. Hawkish stance supports it. Volume price analysis (VPA) confirms reactions—high volume on moves shows conviction. Quantum currency strength indicator ranks EUR quickly post-news.
Why EUR/AUD Matters Relationally
EUR/AUD combines euro policy with Aussie commodity flows. Weak euro against strong AUD signals risk-on. Reverse for risk-off. The currency matrix reveals this visually. Quantum tools on MT5 or NinjaTrader make cross-pair analysis simple.
Trading Insights for EUR/AUD
Watch for volume confirmation after ECB. High volume breaks favor momentum. Low volume warns of traps. Anna Coulling's VPA approach navigates event-driven noise. Quantum indicators spot relational edges early.
After the ECB, EUR/AUD offers clear lessons. Quantum tools turn policy reactions into opportunities. Stay alert for volume-validated moves in this cross.
https://youtu.be/GFSbT_91GWo...
The Wyckoff cycle moves from a buying climax to a selling climax and back again in all timeframes. In this video we explain the principles as seen recently on the GBP/JPY during the recent volatility associated with the pandemic.
https://youtu.be/HaQ4wPYlENM...
Trading success is all about understanding risk and flows as money seeks low risk low rewards in safe haven assets or higher risk higher rewards in risk assets. And all of this risk sentiment is revealed in related markets for forex traders.
https://youtu.be/bhyhCMCr0QQ...
