Tag: trends indicators ninjatrader

Great VPA lessons on the Swiss franc

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… Read more »

renko indicator NT8

A great session this morning with David and myself and we started with the EUR/AUD which has been rising strongly for the last few days, and one of the lessons from our private trading chat room where we support our forex education program members. This was an example of an annotated chart of the EUR/AUD… Read more »

GBP in focus ahead of Autumn budget

This morning’s highlight comes from Chancellor George Osborne here in the UK with his Autumn Forecast Statement, so expect lots of smoke & mirrors, volatility and opportunity to shake traders out of the market.For the British pound complex on the faster time frames, it’s been a case of some good moves lower against USD, JPY… Read more »

Bearish sentiment continues for euro

Despite finding support at 1.0996 following last week’s mauling eurodollar is struggling to hold onto the weak overnight gains. 15 min chart for the pair is particuarly revealing with a series of volatility candles triggered as the combination of the resistance at 1.1056 and the 100ma have been taken by traders as an excuse to… Read more »

Aussie dollar continues lower

As spot forex traders we sometimes forget the futures market can often help with market sentiment towards a currency and the daily chart for 6A, which is the contract for the Aussie dollar is particularly revealing. For the 6A,  it has been a return to business as usual over the last couple of weeks, since… Read more »

The VPOC indicator for NinjaTrader in action!

In this video we take a closer look at the VPOC indicator for Ninjatrader, and see it in action across a variety of markets and timeframes. We start by looking at the ES mini on some fast timeframe charts of 3 minutes and upwards as the physical market opens to join Globex. Next we look… Read more »

Forget the euro, look at the British pound!

In all the brouhaha about Greece and the euro it’s easy to forget what else is going on in the forex market. Sometimes I feel Greece is taking up too much space in traders’ heads at the expense of other markets and currencies. And for a perfect example of what I mean look no further… Read more »

Aussie dollar now in sharp focus ahead of Trade Balance

If you come along to our forex webinars you will always hear David & I explain the importance of the fundamental news & how easy it is to be ambushed by ‘events’. But I must admit so far it’s been absolutely relentless & it’s only Wednesday! Coming up we have Aussie retail sales & Trade… Read more »

EUR/USD turns bearish moving through the VPOC

The EUR/USD continues to look bearish as it sits on support between 1.0885 & 1.0890 & just below the VPOC the yellow line on the volume point of control indicator. This level has now been breached on good volume and should take the pair to 1.0863. In addition the trend monitor has also transitioned from blue… Read more »