None of us are patient, yet when it comes to congestion phases this is where patience really does pay off, as these are the price regions where trends are created and born. And remember Wyckoff's second law of cause and effect, the longer the cause the greater will be the effect. In other words this brings time into the equation.
https://youtu.be/J8UM_9HCQvA...
https://youtu.be/m21PyTkYkcw
Here’s How to Set Up for the Start of the Forex Trading Day
Starting your forex trading day with a solid routine builds discipline. It prepares you for volatility. Focus on preparation before the London open. This sets the tone for confident decisions. Here's how to set up for the start of the forex trading day.
Step 1: Review Overnight Action and News
Check overnight charts first. Look for volume anomalies in Asian session. Review the economic calendar. Key data like PMI or rates can drive early moves. Quantum currency strength indicator on MT5 highlights overnight leaders.
Step 2: Platform Setup and Relational View
Load your workspace on MT5 or NinjaTrader. Display major pairs. Add currency matrix and strength indicators. These Quantum tools rank currencies quickly. Spot extremes for potential trends. Align with volume price analysis (VPA)—high volume confirms conviction.
Step 3: Final Checks with VPA
Apply VPA to key levels. Identify support/resistance with volume clusters. Set alerts for London open. Anna Coulling's methodology emphasizes patience—wait for...
And some more terrific volume trading lessons in the spot forex markets on NinjaTrader, this time on the GBP/NZD another cross currency pair. This month has seen the British pound moving strongly driven by both the US dollar and also Brexit, but on the cross-currency pairs we see once again some excellent trends.
https://youtu.be/gJ3GUp1jP8o...
The agreement between EU member states on the bailout package would normally be perceived as good news by many forex traders, yet the euro has fallen. Here's why and it's all to do with the bond markets and in particular the spreads between Italy and Germany which hold the long term key for the direction of the single currency.
https://youtu.be/Uk2MxuLRCjI...
In the first part of the London forex trading session, I explain all you need to know to trade the euro with confidence ahead of a busy week for the single currency. And the question moving forward is whether Italy will be the next country to leave the EU and return to the lire which allowed it to manage the economy by devaluation.
https://youtu.be/KpNoRp923uM...
https://youtu.be/9E9NzpFj54c
How to Find the Best Times to Trade Forex Based on Volatility
Forex markets aren't equally volatile 24/5. Volatility spikes during high-liquidity overlaps. This creates bigger moves and better opportunities. Low-volatility periods often range—frustrating for trend traders. Finding the "best" times means matching your style to session volatility.
Throughout the trading session, volatility ebbs and flows and knowing when to trade and when to wait is key. In this session from the US futures trading session, we take a closer look at this aspect of trading through the prism of volatility.
Major Forex Sessions and Volatility Levels
The forex day divides into three main sessions (times in GMT, adjust for daylight saving):
Asian Session (Tokyo: ~00:00-09:00 GMT)
Low to moderate volatility.
Focus: JPY pairs (USD/JPY, AUD/JPY). Commodity currencies (AUD, NZD) move on China/Australia data.
Best for: Ranges or carry trades. Avoid if you need big swings.
London Session (08:00-17:00 GMT)
High volatility—liquidity surges at open.
EUR, GBP pairs dominate. Overlap with Europe drives early...
Sessions crossovers arrive daily and the big one is always when the London forex market gets underway with the deepest liquidity. This is when the market makers are at their most active from 8am UK time with volatility, reversals and congestion following. Some of the traps are on high volume as the market makers participate, others on low volume, but all are clearly signalled with volume price analysis and the volatility indicator for MT4, MT5, NinjaTrader or Tradestation.
https://youtu.be/ddWmqMEWX6Y...
https://youtu.be/4DOS5-a7dpk
Watch Out for More Traps on Volatility and the News!
Volatility and news go hand in hand in forex trading. Releases create sharp moves. But they also set traps. False breakouts catch impatient traders. This is common in GBP/USD during European data. Here it's the GBP/USD as European data is released with the PMI data for France and Germany with the volatility indicator for MT5 and NinjaTrader signalling this clearly in all timeframes.
European PMI Data and GBP/USD Volatility
European PMI data for France and Germany drives early action. Strong figures boost risk sentiment. Weak ones favor caution. GBP/USD reacts fast. Volatility spikes at release. But not all moves last.
How Traps Form on News
News spikes often lack volume support. Price breaks levels. Traders chase. But low volume reveals weakness. Reversal follows. Volume price analysis (VPA) spots this—high price on low volume = trap.
Quantum Volatility Indicator Signals
The Quantum volatility indicator on MT5 and NinjaTrader signals clearly. It highlights expansion phases across timeframes. Spikes warn...
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...
