The volume point of control confirmed it all!

The volume point of control confirmed it all!

by Quantum Trading Comment Closed
Another session for day trading the US indices where patience and more patience was required, but as always it’s volume spread analysis coupled with the Quantum Trading tools and indicators which helps to keep us safe and stop us from jumping in and then regretting this decision. The volatility indicator was once again much in evidence as indeed was the accumulation and distribution indicator for NinjaTrader, helping to define those key levels of price support and resistance which are so important. The volume point of control was also much in evidence with the primary US indices of the ES, the YM, and the NQ all rotating around key levels as price agreement was reached in the faster timeframes. The tick charts too also confirmed this lack of interest and participation with the tickspeedometer indicator delivering very clear messages of danger ahead as the red warning signals flashed loud and clear. The messages were clear – wait and be patient. The trades...
Read More
The volume point of control takes centre stage on the US indices!

The volume point of control takes centre stage on the US indices!

by Quantum Trading Comment Closed
In the US session for day trading the index futures, once again it was patience that was required in abundance as we waited for the inevitable breakaway which duly arrived later in the day. The primary indicator in this session was the volume point of control which as always gives a visual representation of the region of price agreement, with no bias in sentiment. This is the fulcrum of price action and works in all timeframes, denoting the heaviest concentration of volume on the price chart, combining as it does volume, price and time. Any move away from the volume point of control is then confirmed with the linear price volume relationship as Wyckoffian principles then apply and confirm any subsequent move as genuine or false. The volume point of control on the NinjaTrader platform works in all timeframes and for all markets, and sits at the point at which volume is at an extreme. The associated volume histogram then highlights high...
Read More

London forex session delivers great trading & volume price analysis lessons

by Quantum Trading Comment Closed
A terrific trading session which once again had so many lessons for traders in all timeframes, emphasizing the power of volume price analysis and supported by the Quantum Trading tools and indicators. As so often happens at the session crossover periods, reversals take centre stage as the market makers move in to trap traders into weak positions. Putting Brexit to one side, the focus here was on the commodity currencies and in particular the cross-currency pairs of the euro, the Aussie dollar, and the Canadian dollar. The forex market is one of mean reversion and none more so at these times, when the market makers are at their most active. For the EUR/AUD the solid bearish trends intraday were duly reversed, but as always it's a question of identifying whether this is a change from a primary bearish to a primary bullish trend, or simply from a primary bearish to a secondary pullback or reversal before the primary is re-established once again....
Read More
A great day for trading stocks and indices – & the importance of floating supply

A great day for trading stocks and indices – & the importance of floating supply

by Quantum Trading Comment Closed
Choosing the best stocks for day trading can be tricky and if you choose the wrong ones, it can be tough make money as a day trader. In this session, we cover some of the basics of stock selection for day trading and also highlight one of the key issues which is understanding floating supply. Floating supply is one of the most important factors to consider for the simple reason if the floating supply is small, then volatility is likely to be high as the price can be manipulated by the market makers very easily, or indeed a single large order. The opposite is where floating supply is large and in this case volatility will be reduced as these stocks are harder to corner for the market makers and insiders. This was also a great trading day with the opportunity to make money in all markets, with the ES index falling strongly along with the sister indices of the YM and NQ emini,...
Read More
Which pairs to choose and how to trade them – all explained here!

Which pairs to choose and how to trade them – all explained here!

by Quantum Trading Comment Closed
https://youtu.be/RALighYqu0Y Choosing which currency pairs can be a tricky decision, and one each forex trader has to make for themselves, and as this is a frequent question, it's one we answer in this morning's forex session. And always there is no right or wrong answer, only what suits you, and perhaps the key here is patience. If you have the patience to wait, then reducing the number of pairs to trade can be an excellent way to become an expert in one or two, perhaps also with a preferred tactic. However, this can create problems as boredom can often be an issue as other pairs are then sought out, and very quickly all the initial discipline has gone, and the trader is then taking trades in all pairs, as before. So it's not easy. Another question frequently asked is how to use the currency dashboard and the four trading indicators it contains, and here David walks through the three-step process, with the...
Read More
Oil delivers….again, and again, and again….

Oil delivers….again, and again, and again….

by Quantum Trading Comment Closed
It's often hard to find trading opportunities which just deliver, and keep delivering, but for oil this has been the case over the last few weeks, and this was no different yesterday, with the WTI futures as the price of oil fell once more, and offering straightforward, low risk, high return trading opportunities in all time frames. The primary decision trading decision here is the number of contract to trade, with the time and non time based charts providing those key insights to maximize returns. And here, it really is a case of make hay while the sun shines. These fantastic trading opportunities don't come along every day, and until OPEC moves and potentially introduces supply cuts, this bearish momentum looks set to continue, but as always it will be volume which reveals any turn points or primary reversals in due course. So enjoy the ride lower! https://youtu.be/YRj70Ia-HEo...
Read More
US mid-term elections dominate price action in all markets

US mid-term elections dominate price action in all markets

by Quantum Trading Comment Closed
Waiting for the US mid term elections was reflected in the markets this afternoon, and following an initial move higher, that was it for the rest of the session as all three indices rotated around the VPOC on the fast timeframe charts and lacking both direction and participation. The price action was no great surprise given the political landscape along with the FED decision due on Thursday. But as always on such days, it reminds us we have to be patient and wait for the trading opportunities to arrive and not force them, where none exist which was the case for index traders today. This general lack of momentum was also reflected in related markets with the US dollar and gold both trading in narrow ranges. The terrific price action of October, a nightmare for investors, but joyous for traders, now seems to be a dim and distant memory as we wait for the Santa Claus rally to appear on the...
Read More
A terrific ES emini day for traders – which just keeps giving!

A terrific ES emini day for traders – which just keeps giving!

by Quantum Trading Comment Closed
A terrific session today for trading US markets, and in particular the indices, with the ES, the NQ and YM leading the way. Following an early recovery, bearish sentiment picked up as the session developed with the ES E-mini index delivering some easy points using the renko indicator, the tick charts and the time based charts as a strong reversal took hold across all three. This was one of the days when trading such moves is low risk and high reward with volume price analysis leading the way and supported by the Quantum tools and indicators. Just a great session with some straightforward low risk high reward trading opportunities. So a terrific session for index traders which continued to deliver after the end of the webinar. https://youtu.be/731gk9R9nnw...
Read More
Day trading gold and other commodities in the US session

Day trading gold and other commodities in the US session

by Quantum Trading Comment Closed
https://youtu.be/64-8qg5I2EM In this session Anna and David focus on day trading commodities in the US session and in particular gold which delivered some solid moves for speculative intraday traders and supported by the Quantum Trading tools and indicators. Anna starts the session looking at gold on the MT5 platform which is a great place to start with both renko and time based charts. Then David takes over on NinjaTrader, adding tick charts as a further blended option and using the Tickspeedometer indicator to deliver the precise tick speed setting for the charts. The renko optimiser then provides an additional view on the price action and yet another non time based chart to help with entry and exit points. Using renko charts, tick charts and time based charts together, provides a three dimensional view of the price action giving day traders a unique view with all the pieces of the puzzle helping to provide a unified picture for clear and logical decision making....
Read More