NQ Emini preparing for next leg higher
Yesterday’s excellent price action and associated volume for the NQ Emini gave us further confirmation of the continuation of the bullish trend for US equity […]
forex trading strategies for beginners
Where to get out of the AUD/CHF?
In the final section from this morning’s forex webinar David takes a look at the weekly chart for the AUD/CHF and the possible exit points […]
Volume or price based support and resistance on NinjaTrader – either or both?
In the second section of the London forex session webclass, David explains how to use both volume and price based support and resistance using the […]
Focus on the GBP/AUD on the renko optimiser with the camarilla levels indicator
In this session I focus on the GBP/AUD and in particular look at the forex trading opportunity using the renko optimizer for NinjaTrader in conjunction […]
Trading currencies using the Quantum Trading dashboard
As we get to the end of the London forex trading session a quick walkthrough of the four indicators which make up the currency trading […]
Wyckoff’s third law on the CAD/JPY 30m
A classic example of stopping volume on the 30m chart for the CAD/JPY with the pair having been under pressure for some time as the […]
GBP/JPY session crossover trap revealed!
It’s back to the GBP/JPY as the London forex session gets into full swing and as expected the GBP/JPY reversed strongly after the session crossover, […]
Wyckoff forex part two – London forex session this morning
One of the key currency pairs when considering sentiment is to focus on the AUD/JPY and over the last couple of days we have seen […]
Wyckoff in forex part one – the London forex open this morning
As markets continue to remain fragile following the pandemic now sweeping the globe, there are signs risk on appetite is returning to the markets, with […]
Using the currency strength indicator to join a trend
After the volatility of yesterday forex markets are recovering some stability and developing reversal trends. In the London forex session, we start by looking at […]
Reversal opportunities on the daily currency strength indicator on MT5
We don’t always have to focus on the faster time frames for forex trading, and here we take a look at the daily timeframe for […]
Focus on the AUD/CHF and using the currency matrix with the currency array
As the London forex session gets into full swing we focus on one currency pair on the MT5 platform which is the AUD/CHF. Here we […]
Yen buying dominates as the London forex session opens
A shortened session due to technical issues, but nevertheless plenty of price action to consider as we move from Europe into the London open which […]
EUR/GBP continues higher after trap move
Session crossovers, particularly in the transition from the Far East and Asia into the European and London session, are always a happy hunting ground for […]
Yen index set for explosive breakout
With the markets awash with rumour and speculation concerning the Bank of Japan and its plans to reduce rates still further, and into negative territory, […]
Summers over, Merkel manouvering, and FED flumaxed – another week ahead!
This week was always going to be a tricky one for both traders and investors, with the market’s primary focus being the FOMC meeting on […]
NZD/USD gives us some technical and fundamental lessons
The daily chart for the NZDUSD has thrown up some interesting lessons for forex traders in the past few days, and well worth some analysis. […]
Bullish momentum continues for the EUR/USD
Euro bears are once again licking their wounds, desperately covering their short positions as the EUR/USD bounces back and looking to re-test the 1.3250 price area, […]