A great forex session for the euro, Aussie and the pound!

A great forex session for the euro, Aussie and the pound!

by Quantum Trading Comment Closed
https://youtu.be/cDz2mmr1l48 A Great Forex Session for the Euro, Aussie and the Pound! A great forex session unfolded for the euro, Aussie, and pound. These currencies showed strong moves. Buying pressure dominated. Traders spotted high-probability opportunities in EUR, AUD, and GBP pairs. An excellent forex trading session with Anna and David of Quantum Trading, as Europe opens and followed by London. The focus this week was on the euro and the pound, with Anna tracking the GBP/USD as strong pound buying is counterbalanced by US dollar selling, but as always with an eye on the London open where reversals are always likely as this major centre opens for the trading day. One to watch at present is also the Swiss franc, not only for safe haven flows but also as result of the problems in Italy and the Italian banks, with many moving their cash across the border and into Switzerland as a result, so selling euros and buying the franc, so one to...
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Aussie dollar and gold in focus in the London session

Aussie dollar and gold in focus in the London session

by Quantum Trading Comment Closed
https://youtu.be/nKQ7QhwxWng Aussie Dollar and Gold in Focus in the London Session The Aussie dollar and gold take center stage in the London session. Both are commodity-linked assets. AUD reacts to risk sentiment. Gold often moves inversely to USD strength. Traders watch them for early clues. In this morning's session once again we focus on some of the key concepts of support and resistance using the accumulation and distribution indicator for NinjaTrader and the dynamic support and resistance indicator for MT4/5. The AUD/USD provides some good examples from the faster to the slower timeframes as the pair tests a strong level of support in the session on the 60 minute chart. One of the many trading concepts we also discuss is using multiple timeframes to identify levels in higher and lower timeframes. Finally we also look at support and resistance from the aspect of overbought and oversold with the currency strength indicator for NinjaTrader. Volume Price Analysis Insights Volume price analysis (VPA) reveals connections. High volume on...
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