Latest Blog Posts

Forex

Today's webinar is at 7.45 London time, so hope you can come along. Market appears to be puzzled by sudden move higher in JPY overnight & reasons given from 'fat finger' to 'absolutely no idea'. But with JPY heavily oversold on the time frames we follow - particularly against the GBP it wasn't a huge surprise. On the day GBP/JPY hit the very strong resistance in the 162.50 region, which has pushed the pair back down to the VPOC on the daily chart which may now offer some support. However, we do have second estimate GDP for UK this morning, so we can expect a degree of volatility. And, once month end is out of the way, and next week's Bank Holiday - it's Brexit and more Brexit! ... See MoreSee Less

Todays webinar is at 7.45 London time, so hope you can come along. Market appears to be puzzled by sudden move higher in JPY overnight & reasons given from fat finger to absolutely no idea. But with JPY heavily oversold on the time frames we follow - particularly against the GBP it wasnt a huge surprise. On the day GBP/JPY hit the very strong resistance in the 162.50 region, which has pushed the pair back down to the VPOC on the daily chart which may now offer some support. However, we do have second estimate GDP for UK this morning, so we can expect a degree of volatility. And, once month end is out of the way, and next weeks Bank Holiday - its Brexit and more Brexit!

Forex Trading added 2 new photos.

Don't let anyone dissuade you from trading on a Monday morning; instead trust your chart reading and go with the flow. GBP/JPY is one of our portfolio pairs & this morning has delivered both to the downside & upside. Will be doing a video later to explain how and why. ... See MoreSee Less

Dont let anyone dissuade you from trading on a Monday morning; instead trust your chart reading and go with the flow. GBP/JPY is one of our portfolio pairs & this morning has delivered both to the downside & upside. Will be doing a video later to explain how and why.

Andy Saengsawat, Joshua Burg and 8 others like this

Natalio StaitiFrom Italy,
Looking forward to attend new webinars! Have a great week you and Dave. Thank you for your wonderful job.

4 days ago   ·  1

1 Reply

Avatar

Linda McIntoshNice trade Anna and the Renko helped to keep me in :)

4 days ago   ·  1

1 Reply

Avatar

Comment on Facebook

Stocks

Saturday saw David & I presenting at a private traders' event in London where our topic was, naturally, volume price analysis.

And the one question we are always asked is can markets rise on 'low' volume, and our answer is always the same - volume is contextual and proportionate. And the best way to explain this is with a chart, and a great example is the YM (the e-mini future for the Dow Jones) which, as you can see has been happily breaking out into new high ground, supported by what we would describe as proportionate volume.

In other words it tallies with the price action, and unlike the climatic volume that first appeared in November which has been the precursor to this steady move higher.

So the move higher in the indices we are currently witnessing is well within the norm.

For any major reversal lower we would need to see a very different volume/price action profile, similar to the Wyckoff law of effort & result. So far this has not appeared in the slower time frames, and until it does there is no reason to suppose the markets cannot continue higher. ... See MoreSee Less

Saturday saw David & I presenting at a private traders event in London where our topic was, naturally, volume price analysis.

And the one question we are always asked is can markets rise on low volume, and our answer is always the same - volume is contextual and proportionate. And the best way to explain this is with a chart, and a great example is the YM (the e-mini future for the Dow Jones) which, as you can see has been happily breaking out into new high ground, supported by what we would describe as proportionate volume.

In other words it tallies with the price action, and unlike the climatic volume that first appeared in November which has been the precursor to this steady move higher.

So the move higher in the indices we are currently witnessing is well within the norm.

For any major reversal lower we would need to see a very different volume/price action profile, similar to the Wyckoff law of effort & result. So far this has not appeared in the slower time frames, and until it does there is no reason to suppose the markets cannot continue higher.

Another positive day for US equities with the major indices all rising strongly. For the YM emini we are back once again testing the highs of last year with 18,000 now on the horizon, and with a solid platform of support now in below which held through the congestion period. Volumes are solid and supportive, and for a continuation we now need to see this psychological level taken out with the springboard then in place for a sustained move higer longer term. ... See MoreSee Less

Another positive day for US equities with the major indices all rising strongly. For the YM emini we are back once again testing the highs of last year with 18,000 now on the horizon, and with a solid platform of support now in below which held through the congestion period. Volumes are solid and supportive, and for a continuation we now need to see this psychological level taken out with the springboard then in place for a sustained move higer longer term.

JPY continues higher across all time frames - watch out for the snap back! ... See MoreSee Less

JPY continues higher across all time frames - watch out for the snap back!

Brygida Biedroń likes this

Brygida BiedrońHello, Anna. I know you have mentioned that in your books, but can you remind me where I can find this charts you're showing? I remember trying to find them on line, but I couldn't.

2 months ago

Avatar

Comment on Facebook

Follow me on Twitter

Contributor To

Commodities

Another positive day for crude oil yesterday with bullish momentum maintained throughout the session. WTI was one of the markets we focused on in yesterday's US trading room on both MT4 and NInjatrader. The MT4 platform has opened up many of the markets once reserved for futures traders, so a great place to dip a toe in the water of commodities and indices without the need for a futures brokerage account. The bullish momentum in oil has been no great surprise given the stopping volumes which appeared several weeks ago on the slower time frame charts and referenced in yesterday's room with both tick and time charts then delivering the intraday trading opportunities. Technical and fundamentals are now combining in a confluence of positive news. ... See MoreSee Less

Another positive day for crude oil yesterday with bullish momentum maintained throughout the session. WTI was one of the markets we focused on in yesterdays US trading room on both MT4 and NInjatrader. The MT4 platform has opened up many of the markets once reserved for futures traders, so a great place to dip a toe in the water of commodities and indices without the need for a futures brokerage account. The bullish momentum in oil has been no great surprise given the stopping volumes which appeared several weeks ago on the slower time frame charts and referenced in yesterdays room with both tick and time charts then delivering the intraday trading opportunities. Technical and fundamentals are now combining in a confluence of positive news.

Commodities trading added 2 new photos.

This was from our presentation a couple of weeks ago for a private traders group where we introduced and explained some of the principles of volume price analysis across the markets. Also explained the importance of El Nino in context of soft commodities and one in particular we highlighted was Soybean which was likely to benefit further from this driver. Bullish momentum maintained as expected with contract breaking into four figures. ... See MoreSee Less

This was from our presentation a couple of weeks ago for a private traders group where we introduced and explained some of the principles of volume price analysis across the markets. Also explained the importance of El Nino in context of soft commodities and one in particular we highlighted was Soybean which was likely to benefit further from this driver. Bullish momentum maintained as expected with contract breaking into four figures.

One to watch this morning is the Aussie - nice move already developed on the EUR/AUD across the faster timeframes.. and with oil rising watch the CAD. ... See MoreSee Less

One to watch this morning is the Aussie - nice move already developed on the EUR/AUD across the faster timeframes.. and with oil rising watch the CAD.

Quantum Trading

Nice trade developed on the British pound this morning in the London session across the faster timeframes with the yellow line (GBP) rising strongly from overbought across the time window. Spoilt for choice but the GBP/USD delivered and with some way to go ... See MoreSee Less

Nice trade developed on the British pound this morning in the London session across the faster timeframes with the yellow line (GBP) rising strongly from overbought across the time window. Spoilt for choice but the GBP/USD delivered and with some way to go

JPY continues higher across all time frames - watch out for the snap back! ... See MoreSee Less

JPY continues higher across all time frames - watch out for the snap back!

Quantum Trading on Twitter

» CONTACT ME