Using non time based renko charts to scalp index futures on NinjaTrader

Using non time based renko charts to scalp index futures on NinjaTrader

Using non time based charts is a great way to scalp any futures market and in this video we take this to a new level, using multiple renko charts and in particular using the renko optimizer for the NinjaTrader platform. In this array we use three renko charts set to three different timeframes and matched to the three charts below. This gives us the double advantage of trading using non time based renko charts, and applying volume price analysis on the time charts. A powerful combination of six charts. https://youtu.be/rXbHGiKo1Vo...
Read More
The two go together like ham and eggs!

The two go together like ham and eggs!

One of the important phases of price action in any market is volatility. Why? Because two forces are at work. The first is the emotional fear of missing out, in other words FOMO. The second is the fact this is the time the market makers and insiders are at their most active. They understand FOMO and use it repeatedly to trap traders into weak positions, either following such a move with congestion, increasing the fear further, or simply reversing the price action and taking out stops. Either way it's win win for the insiders and a simple and powerful way for them to make money. Learn how and why in this video and discover how to avoid being trapped. https://youtu.be/cnEajurtSho...
Read More
Lessons in volume price analysis for spot and futures forex traders

Lessons in volume price analysis for spot and futures forex traders

Some great examples for both spot and currency futures traders. https://youtu.be/U08nSLwGnxM...
Read More
What is mean reversion and why it is so important to forex traders

What is mean reversion and why it is so important to forex traders

Currencies move in a continuous cycle from overbought to oversold and back again and this price action is perfectly described by the currency strength indicator for NinjaTrder and at the start of the London forex trading session we see the USD and JPY rising strongly with the AUD falling strongly and delivering an excellent trade before the reversal begins. https://youtu.be/77bvX1RKckA...
Read More
Volume price analysis example for gold futures on NinjaTrader

Volume price analysis example for gold futures on NinjaTrader

When a breakout from congestion occurs the first thing we study is volume as this confirms whether the breakout is genuine or false. In this video we consider the longer term outlook for gold as well as an intraday example on the gold futures contract. https://youtu.be/qjWykb-P0IU...
Read More
It’s all eyes on the euro as markets await the PMI data

It’s all eyes on the euro as markets await the PMI data

Whilst markets continue to be dominated by the pandemic, fundamental data continues with the PMI this morning for both France and Germany of which the latter is the more significant. https://youtu.be/xQAKuCc_pYo...
Read More
Richard  Wyckoff’s three laws explained and the complete cycle

Richard Wyckoff’s three laws explained and the complete cycle

The three laws of Richard Wyckoff, supply and demand, cause and effect and effort vs result apply in all timeframes as the cycle moves from accumulation to distribution and back again. https://youtu.be/9cXJ892ZHv4...
Read More
Where is the dragon heading next?

Where is the dragon heading next?

If you're looking for a volatile currency pair to trade look no further than the GBP/JPY as I take a look at where it might be heading next. https://youtu.be/4jPioInlNyg...
Read More
Trading reversals – is this for you?

Trading reversals – is this for you?

Trading reversals require your stop loss to be set wider to allow for the congestion phase to develop before the trend begins. So this is not for everyone, but if you have the patience, the pay off is greater as you are getting into the trend before it begins so the payout is greater. It's all about risk and returns. https://youtu.be/AQqakclQlq4...
Read More
Mean reversion explained for currency markets

Mean reversion explained for currency markets

The forex market is one of mean reversion wich currencies constantly moving from one level to another, congestion, trend and congestion, with reversals from overbought to oversold and back again. All defined with levels and flow. https://youtu.be/jXM8xgVjiB8...
Read More