How to trade a basket of currencies on the TradingView platform and reversal trading explained

How to trade a basket of currencies on the TradingView platform and reversal trading explained

by Quantum Trading Comment Closed
https://youtu.be/nqRCt29knyE Trading a Basket of Currencies on TradingView and Understanding Reversal Trading Forex trading benefits from relational analysis. A "basket" of currencies shows collective strength or weakness. TradingView is excellent for this. It offers multi-chart layouts and custom indicators. The Quantum Currency Strength tools enhance basket views. Reversal trading fits perfectly—spotting turns in basket extremes. Creating a Currency Basket on TradingView TradingView doesn't have built-in baskets like DXY. But you can build one: Multi-Chart Layout: Open 8-16 charts (majors or crosses). Arrange in grid. Watch collective moves. Quantum Currency Strength Indicator: Ranks currencies live. Top/bottom extremes = basket leaders/weak. Currency Matrix: Grid view of all pairs. Spot relational clusters—strong basket vs weak. Custom Scripts: Search Pine library for "currency basket" or "index" scripts. Or use DXY/EURO for proxies. Focus on majors for liquidity. VPA confirms—high volume in basket direction validates momentum. Reversal Trading in a Currency Basket Reversal trading enters counter to the trend at exhaustion. Basket extremes signal these: Overbought basket (all strong currencies top-ranked)—potential distribution. ...
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Using the currency strength indicator to identify forex trading reversal opportunities

Using the currency strength indicator to identify forex trading reversal opportunities

by Quantum Trading Comment Closed
https://youtu.be/4MuBeRHESJs Using the Currency Strength Indicator to Identify Forex Trading Reversal Opportunities As we approach the year-end, for forex traders this represents a great time of year with plenty of volatility as volume falls in the run up to the holiday season. But this delivers plenty of excellent trading opportunities and the starting point as always is the currency strength indicator which helps to identify when a currency is overbought to oversold and hence guides you to the opportunities immediately. From there, it's off to the charts, and check out the volume associated with any moves as you look for primary to primary trend reversals. The CSI Is A Key Indicator The currency strength indicator is a key tool for spotting forex reversals. It ranks currencies by relative performance. Extreme readings often signal overbought or oversold conditions. This highlights potential turning points before price fully reacts. Combining with Volume Price Analysis Volume price analysis (VPA) strengthens reversal signals from the indicator. Look for divergence: a currency at...
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The renko optimizer for NinjaTrader delivers for index day traders

The renko optimizer for NinjaTrader delivers for index day traders

by Quantum Trading Comment Closed
The Renko optimizer for NinjaTrader is a powerful indicator for day traders across all markets when used as a single chart. However, when using three in tandem it truly delivers with its awesome power as you will see here in this video from the US futures trading session and revealing a wonderful trend that develops from the first, moves to the second chart, and on to the third. And of course when used in combination with time-based charts this gives the best of all worlds as we can then apply volume price analysis to the chart. So the perfect blend of time and not time-based charts. https://youtu.be/EJB-Mrn1Vqg...
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Creating a perfect workspace on MT4/5 for trading forex

Creating a perfect workspace on MT4/5 for trading forex

by Quantum Trading Comment Closed
How to create the perfect five chart workspace for trading forex. https://youtu.be/5enVxVkeQFo...
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How to trade futures using volume price analysis

How to trade futures using volume price analysis

by Quantum Trading Comment Closed
https://youtu.be/ncdNcTLBKVk How to Trade Futures Using Volume Price Analysis Futures trading offers high liquidity and leverage. Contracts like /ES (S&P 500), /NQ (Nasdaq), or /CL (oil) move fast. Volume price analysis (VPA) provides the edge. It combines price action with trading volume. This reveals true market intent. High volume on moves shows conviction. Low volume warns of weakness or traps. Core VPA Principles for Futures VPA reads centralized volume data reliably in futures. Key signals: Trend Confirmation: Rising prices with increasing volume = strong uptrend (buyers in control). Reversals: New highs on low volume = divergence (distribution). High volume at lows halting decline = stopping volume (accumulation). Breakouts: Price escaping range on high volume = valid momentum. Traps: Spike on low volume often reverses—professionals fading retail. Practical Steps to Trade Futures with VPA Platform Setup: Use NinjaTrader (preferred for futures). Load Quantum indicators. Identify Trend: Higher timeframe (daily/4-hour) for bias. Trend Monitor green = uptrend. Spot Entries: Lower timeframe pullbacks. Enter on volume-confirmed moves (high...
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Renko day trading strategy on the NinjaTrader platform

Renko day trading strategy on the NinjaTrader platform

by Quantum Trading Comment Closed
Renko day trading strategy on the NinjaTrader platform using the renko optimizer for NinjaTrader. https://youtu.be/_7eORVR2KCU...
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A classic trap move on the GBP/AUD on the 10 minute chart – hard to miss this one!!

A classic trap move on the GBP/AUD on the 10 minute chart – hard to miss this one!!

by Quantum Trading Comment Closed
https://youtu.be/Ki9Wbj6p7oo A Classic Trap Move on the GBP/AUD on the 10 Minute Chart – Hard to Miss This One!! GBP/AUD delivered a classic trap move on the 10-minute chart. Price spiked sharply. Traders chased the breakout. But it was a fakeout. Volume price analysis (VPA) made it hard to miss. There are always traps being laid for the unwary trader, but for students of the volume price methodology these are always very easy to see, and in the London forex session we highlight one on the GBP/AUD on the 10-minute chart which was hard to miss!!A classic trap move on low volume with a nice wide spread up candle....then congestion and the reversal follow. Price action traders would have followed this one higher. Volume price analysis traders would have closed out, and then joined any reversal lower. Spotting the Trap with VPA The spike looked bullish at first. Price broke resistance fast. Many bought the move. But volume was low—no conviction. This screamed trap. Quantum...
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Trading the currency of first reserve with confidence using volume price analysis

Trading the currency of first reserve with confidence using volume price analysis

by Quantum Trading Comment Closed
In this segment from the forex trading session this morning we focus on the currency majors and explain how to use the spot markets and futures markets to identify flows, and also reveal different relationships using volume price analysis. And late in the session we pick up a nice reversal trade which is signalled with strong buying volume and the currency which is heavily oversold on the currency strength indicator. https://youtu.be/NrF8j0XGJjg...
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Assessing risk and reward the correct way!

Assessing risk and reward the correct way!

by Quantum Trading Comment Closed
https://youtu.be/x-kqt_w8qUQ Assessing Risk and Reward the Correct Way! Many traders insist on fixed risk-reward ratios like 2:1 or 3:1. This seems simple. But it's often nonsense. Rigid rules ignore market context. Volume price analysis (VPA) offers a better way. Let the chart decide risk and reward naturally. Many traders talk of risk and reward and the fact they do not take a trade unless there is a 3 to 1 risk reward ratio or 2 to 1 - but how do they know, and does the market actually care what they need or want! There is a simple and logical way to assess the risk on each trade, and any potential reward by studying the chart and from there deciding whether to take the trade or not. The chart will reveal in multiple timeframes what is ahead and therefore likely to offer support or resistance, or where the market is likely to congest. Then and only then can you make a decision based...
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How to start your forex trading day on MT5

How to start your forex trading day on MT5

by Quantum Trading Comment Closed
https://youtu.be/XsLiEzOvFe8 How to Start Your Forex Trading Day on MT5 Starting your forex trading day on MT5 sets the tone for success. A consistent routine builds discipline. Begin with preparation. Review overnight news and economic calendar. This avoids surprises in major pairs. At the start of the London forex trading session I explain how I use the currency trading dashboard for MT5 and the steps to follow in highlighting the opportunities ahead for the session. The currency dashboard comprises the currency strength indicator, the currency matrix, the currency array and finally the currency heatmap. All have a part to play and I start with the currency strength indicator which is our radar on the market and not hard to understand why. 1. It breaks the forex market down into the building blocks of the market – in other words the currencies themselves 2. This is always the place to start with any analysis of the FX market – the individual currencies – it reveals individual...
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