Timing using the currency strength indicator and the currency matrix
Trading success is all about timing and here we use the currency stregth indicator and the currency matrix to explain the principles.
https://youtu.be/LMgQgIjTpPM...
Volatility, the currency matrix indicator and volume price analysis
In this forex trading session, we take a closer look at the volatility indicator on the GBP/JPY and also explain the importance of the values on the currency matrix as currency pairs approach the extremes.
https://youtu.be/op3yikVM1RA...
Day trading the ES emini on tick charts and tickspeedometer delivers solid profits
Day Trading the ES Emini on Tick Charts and TickSpeedometer Delivers Solid Profits
Day trading the ES Emini benefits from tick charts. They focus on activity, not time. This removes noise in fast markets. The TickSpeedometer adds precision. It measures participation surges to improve entry timing. An interesting session for US indices where despite the relatively narrow price action, the tick charts delivered some solid trading profits for intraday scalping traders. The focus in this session was on the ES emini, the most heavily traded index, and using tick charts in combination with the Ninjatrader Tickspeedometer indicator.
This approach delivered some solid results despite the fact markets were waiting for FED chair Powell to deliver a speech to the Economic Club of Washington DC, with a question and answer session to follow. It was no surprise to see markets trading in a relatively tight range, but nonetheless delivering for the emini scalping trader.
How Tick Charts and TickSpeedometer Work Together
Tick charts group price...
A great day for trading stocks and indices – & the importance of floating supply
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,...
Oil delivers….again, and again, and again….
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...
Trade the pound with confidence, using renko and the currency strength indicator!
Another great forex trading session with David and myself this morning, with the British pound once again in focus following the London open. As always, it's the currency strength indicator which leads the way and guides us into those currencies which are either overbought or oversold and ready to reverse, or which perhaps are already in a strong trend.
The early morning selling of the pound duly reversed and into a strong trend higher, driven by a positive statement over Brexit, and here the renko indicator for MT5 and NinjaTrader provides the perfect compliment to the time based charts, smoothing out the price action and helping traders either with entry or exits tactics, or helping to keep them in the trend once underway.
The early selling of the pound also signaled strong buying and confirming the reversal, with the currency matrix on NinjaTrader giving a very strong signal of the universal sentiment for the pound as markets bought across the complex.
You can...
A wonderful day for reversal traders in US markets
A Wonderful Day for Reversal Traders in US Markets
A wonderful day for reversal traders in US markets. Sharp moves created exhaustion signals. Volume price analysis spotted turning points early. Reversal setups appeared across indices and stocks.
Key VPA Reversal Signals
Volume price analysis (VPA) highlighted classic reversals. High volume at highs showed distribution. Stopping volume at lows confirmed buying. Quantum indicators on NinjaTrader flagged these quickly for timely entries.
Benefits for Reversal Traders
Reversal traders thrived on this volatility. Divergence between price and volume warned of changes. Anna Coulling's methodology with Quantum tools turned potential traps into profits.
Days like this reward patient reversal strategies. Combine VPA with Quantum indicators for consistent results in US markets.
About This Session
A real game of two risk-off today. In the first half, risk off sentiment was duly replaced with a return to risk-on, as the major US indices and exchanges reversed all the losses of the first part of the session to close near or above the opening price.
The...
Volume price analysis tips for day trading stocks on NinjaTrader
https://youtu.be/ABhHFzTn87M
A great session with Anna and David of Quantum Trading as they explain how to get started day trading stocks using the NinjaTrader platform. In the webinar they check out some of the great sites to use for filtering stocks, and then focus on one or two which meet your day trading criteria. One such example was Acorda Therapeutics with the ticker ACOR and which despite the recent sharp move lower offer an excellent trade to the long side in this session. Using a combination of timeframes and the Quantum Trading tools and indicators on the renko and tick charts all combined to deliver an excellent return and all underpinned by volume price analysis....
Great VPA lessons on the Swiss franc
https://youtu.be/yNvSwgRt-B4
This morning's session with Anna and David of Quantum Trading followed both the London and European open, with the Swiss franc the currency in focus and in particular for the Swiss yen. The timeframe here was the 30 minute with the longer term bullish trend picking up momentum once more with volume driving the pair higher, as shown on the annotated example. Throughout this phase of price action the trend monitor has helped to confirm the trend as the bearish trend weakened before picking up the bullish tone with a consequent rotation from bright red to bright blue.
More importantly, even though the trend paused, the trend monitor with the trend line continued to flag bullish sentiment and helping to keep traders in the trend. This is one of the hardest things to do in trading as the emotional response is to close out and take any profit off the table resulting in a small profit, rather than a larger one...
The three indices we often forget as forex traders!
https://youtu.be/lYtz5YrK5ro
The Three Indices We Often Forget as Forex Traders!
Forex traders focus heavily on currency pairs. But intermarket analysis is key. Three indices often get overlooked. They drive risk sentiment and currency flows. Ignoring them misses big clues.
These three indices complete relational analysis. Combine with Quantum indicators on MT5 or NinjaTrader for fuller context. Anna Coulling's VPA approach integrates them seamlessly. Don't forget—markets are connected!
In this video we explain the importance of understanding where the three major currencies are heading, whether intraday or on a longer term basis.
The three main currencies are of course the US dollar, the Japanese yen and the single currency of the euro. The Quantum Trading suite of tools and indicators delivers an index for all three. Using the tab feature in NinjaTrader 8 offers a compact and efficient way to monitor these key currencies across all timeframes whilst optimising screen space. This allows you as a forex trader to track these currencies, and from there have...