A walk through of the currency dashboard for trading forex
A walk through of the currency dashboard for trading forex
https://youtu.be/QIr7oprGFYQ...
How to use higher and lower timeframes to help identify trends
In this video from the webclass of the London forex session Anna exlains how to use higher and lower timeframes to help identify trends.
https://youtu.be/69-sTBnGEm0...
Aussie dollar leading in early trading
The Aussie dollar is one of the risk currencies driving the forex market as the London forex session gets underway.
https://youtu.be/3B5G3wYeYTg...
Volume price analysis gives you all the signals and supported by the trend monitor indicator
It's been a wonderful trading session this morning with cable falling strongly since the start of the London open, following an extended period of congestion with the volume point of control strongly in evidence. Then the breakaway develops with a strong signal of weakness and confirmed with the candle which follows on high volume. Price and volume are in agreement. A re-entry signal then gives those traders who missed the initial signal a perfect opportunity. And just to confirm the pair are now trading at 1.2260.
In addition, note the resistance overhead with the accumlation and distribution indicator and the red dashed line which confirms the strength of resistance in this area and adds further weight to the weakness. Finally note the trend monitor indicator which remains red and bearish throughout.
You can discover more about this powerful methodology in The Complete Forex Trading Program...
EUR/CAD in focus at the start of the London forex session
https://youtu.be/s_mq2pBO4f8...
Plenty of trading opportunities this morning in the forex markets
Plenty of trading opportunities this morning in the forex markets
https://youtu.be/YSnxi13pA10...
GBP/AUD remains bullish as forex session develops
The GBP/AUD trade continues nicely higher
https://youtu.be/wkuQWP7OLVQ...
The power of using the currency strength indicator in multiple timeframes
The power of using the currency strength indicator in multiple timeframes.
https://youtu.be/9WOrFzF_uFk...
Volume price analysis for forex at the start of the London session
As the London forex session gets underway, we start with several of the forex specific indicators, such as the currency strength indicator, the currency array indicator forand the currency matrix. In this video we are using the MT5 trading platform, and then move on to consider some of the basic principles of volume price analysis applied to the forex markets and using Wyckoff's three laws.
https://youtu.be/FT7KeJBAZv4...
The fear of missing out at the London open!
The Fear of Missing Out at the London Open!
The fear of missing out (FOMO) hits hard at the London open. High liquidity drives sharp moves. Traders rush in, fearing they'll miss the action. This often leads to emotional entries and traps.
There are many traps set for the unwary forex trader and the London session crossover is one which occurs each day at precisely the same time. It is immensely profitable for the market makers as so many traders are unaware of this simple trap which plays on the fear of missing out, or FOMO. The volatility indicator is very evident and signals either congestion or a reversal from the primary trend to the primary trend.
Why FOMO Traps Traders
London's opening overlaps with Europe. Volume surges early. Price gaps or spikes trigger FOMO. Many buy highs or sell lows without confirmation. Volume price analysis (VPA) exposes these traps—low volume on spikes shows weakness.
Avoiding FOMO with Discipline
Wait for volume confirmation. High volume on...