Terrific breakaway from congestion for GBP/USD
With Brexit now back on the horizon my focus this week is on the GBP and at the start of the London forex trading session, […]
June 2020
Divergence in sentiment following Chinese data?
In the second section from the London forex trading session, we look at a possible divergence in sentiment following the Chinese data release overnight.
Currency strength indicator – a perfect representation of the forex market
This morning’s forex price action delivers a perfect representation of how this market moves in terms of mean reversion, moving from overbought to oversold and […]
GBP/USD a potential reversal for the pair?
In this section from the forex trading session we move back to the GBP/USD and consider the levels and a potential reversal for the pair.
Volume price analysis lessons on currency futures and spot
In the final session, David focuses on currency futures and the spot markets to highlight some excellent volume price analysis lessons.
YM Emini daily futures turning bearish
US markets remain fragile with last week’s price action on the daily chart for the YM emini futures contract closing with a wide spread down […]
Gold now approaching a key level for longer term bullish trend
The next few days are likely to be critical ones for gold and as the precious metal moves to test the $1800 per ounce level […]
Get to know your market through the prism of volatility
In this introduction to the US futures session, I introduce the webclass by considering the markets through the prism of volatility.
Gold analysis and breakout trading
In this session we move to gold futures and the GC contract and consider the longer term outlook for gold, as well as an intraday […]
How to scalp index futures in congested markets using the NinjaTrader renko optimzer
When markets are in congestion there is only one way to trade and that’s to move down to the very fast timeframes and scalp using […]
A perfect example – identify the best times to trade using volatility
A perfect example using the EUR/CAD currency pair and how to identify the best times to trade using volatility.
Where to place your stop loss?
In the final part of the US futures web class David uses currency futures to explain the advantages of trading breakouts from congestion phases and […]
Focus on the eurodollar on MT5 ahead of PMI data as risk on continues
In the first session of the forex trading webclass I focus on the euro dollar ahead of the PMI data for Europe, with French data […]
Danger of the session crossover trap
Session crossovers in the forex market are classic ones for the market makers as they present daily opportunities for trap moves of all types. With […]
Tricky forex market trading conditions where patience is required
With market price action increasingly ignoring the fundamentals and focusing on the pandemic, this is leading to congestion phases for not only risk assets but […]
More traps! – this time on the fundamental news
And we return to the GBP/USD pair as the fundamental news in Europe is released, with yet another example of the trap move and beloved […]
The Wyckoff cycles explained
In the first part of the US futures trading session, I explain Wyckoff’s three laws in the context of how they cycle through the charts […]
Trading micro eminis, related indices and importance of the VIX
In this session, David explains the new Emini micro index futures now available from CME and proving to be very popular, and the importance of […]