https://www.youtube.com/watch?v=ZvVxszhnFvs
Oil Prices Crater – Time to Focus on Canadian Dollar
Oil prices have cratered sharply in recent sessions. This creates ripple effects across markets. Commodity-linked currencies feel the impact most. The Canadian dollar (CAD) comes into sharp focus. Traders watch for weakness or opportunities.
Unprecedented negative oil prices have an effect on all petro currencies, and CAD/JPY is no exception, which was driven lower in our London forex webinar as market sentiment soured, resulting in strong flows into the Japanese yen. Looking at the price action in multiple time frames and using the Camarilla indicator to identify key support and resistance levels.
Why the Oil Collapse Affects CAD
Canada is a major oil exporter. Falling crude reduces export revenue. This pressures CAD lower. Risk-off sentiment amplifies the move. Volume price analysis (VPA) confirms selling—high volume on down candles shows conviction in CAD pairs.
VPA Insights on CAD Pairs
Watch USD/CAD for strength. High volume rallies signal USD buying/CAD selling. Low volume bounces warn of traps. Quantum...
https://www.youtube.com/watch?v=UcL_BfP3D-U&t=1s
Day Trading Using Multiple Time Frames: How Higher Timeframes Determine Opportunities on Faster Charts
Day trading is fast-paced. Decisions come quickly. Many traders focus only on lower timeframes (1-minute or 5-minute charts). This leads to noise and false signals. Multiple timeframes solve this. Higher timeframes provide the big-picture bias. Lower timeframes offer precise entries. This alignment creates high-probability opportunities. Volume price analysis (VPA) confirms conviction across frames.
Day trading using multiple time frames with a focus on how the higher time frames can determine the trading opportunities on the faster charts.
Why Multiple Timeframes Are Essential for Day Traders
Single timeframe trading misses context. A 5-minute chart looks bullish. But daily shows downtrend. You fight the flow. Higher timeframes (daily, 4-hour) reveal the primary trend. Lower timeframes (15-minute, 5-minute, tick) time entries within it.
This "top-down" approach filters noise. Trade with momentum, not against it.
How Higher Timeframes Determine Faster Chart Opportunities
Higher timeframes set the stage:
Trend Bias: Daily uptrend on high volume—favor longs on lower...
