Euro dollar bears in control on the fast charts and currency array

by Quantum Trading Comment Closed
https://youtu.be/8CNbdPQ_fow Euro Dollar Bears in Control on the Fast Charts and Currency Array Euro dollar bears remain in control on the fast charts. Selling pressure dominates lower timeframes. Price pushes lower with conviction. This signals short-term weakness in EUR/USD. The euro has been selling heavily in the early part of the London trading session, with the currency array indicator displaying this clearly on the 15m timeframe. The only pair lagging is the EUR/CHF, with all the other pairs neatly stacked at the bottom of the ranking ladder and now offering potential reversals from the over sold condition on the faster timeframe. The chart alongside for the EUR/USD reflects this bearish sentiment and here we have the accumulation and distribution indicator displaying the various levels of potential support and resistance. The indicator works on the price action and signals those areas where levels have been tested from above and so are likely to act as support, and those where price has been tested from below,...
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Camarilla Levels Indicator For NinjaTrader 7/8

Camarilla Levels Indicator For NinjaTrader 7/8

by Quantum Trading Comment Closed
We will shortly be launching the Camarilla Levels indicator which will be available for both NinjaTrader 7 and NinjaTrader 8 and following the succesful launch last month for MT4 and MT5. The indicator is based on the original concept of floor pivots which were popular with floor based exchange traders. The Camarilla levels indicator presents six levels from R1 to R6 and from S1 to S6 with the range between R1 and S1 then designated as the buffer zone. As the price action moves from the various levels and tests other, signals are then delivered by the indicator which help to advise traders of forthcoming potential setups as follows and to suit your trading tactics: Reversal Trading For reversal trading the key levels to watch are S3 and R3. These are levels which when approached signal potential reversals. So when price is approaching and tests the S3 level below the buffer zone, a reversal to the upside may be on the horizon....
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The VPOC – volume point of control now on NinjaTrader

by Quantum Trading Comment Closed
The VPOC – Volume Point of Control Now on NinjaTrader The Volume Point of Control (VPOC) is now available on NinjaTrader. This powerful indicator marks the price level with the highest traded volume in a session. It reveals "fair value". Price often gravitates here. Traders use VPOC for key support, resistance, or reversal zones. The Quantum VPOC indicator has been developed to expand the two dimensional study of volume and price, to a three dimensional one which embraces time. The volume/price/time relationship then provides real insight to the inner workings of the market and the heartbeat of sentiment and risk which drives the price action accordingly. The VPOC indicator for NinjaTrader displays the transacted volume at the various price levels vertically on the right hand side of the chart, showing instantly those regions where volume is most intense, as well as those where volume is weak. This then creates the valleys and troughs of the volume profile with what we call High Volume...
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Aussie dollar strengthens as RBA keep rates on hold

by Quantum Trading Comment Closed
Impact Aussie Dollar Strengthens as RBA Keeps Rates on Hold The Aussie dollar strengthens as RBA keeps rates on hold. This decision often boosts AUD sentiment. Steady policy signals economic stability. Traders see it as supportive for commodity currencies. The main focus overnight was in Australia with the RBA deciding to hold the current cash rate at 2.25%, with no cut. This decision was against the backdrop of declining commodity prices and a slowdown in China with many expecting the rate to be cut to 2.00%. As a result the Aussie dollar strengthened on the news against many of the major currencies, with another nice move on the EUR/AUD on the 15 minute chart. Quantum Indicators The Quantum accumulation and distribution indicator initially defined the support and resistance region with the 1.4360 being the key level of support and a region that had been tested on several occasions prior to the news. The bearish sentiment was confirmed with the trend monitor to the bottom...
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