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 […]
US Dollar Index
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 […]
Breaking down the price action on the GBP/AUD
And as the London session continues we break down the price action on the GBP/AUD using non time based techniques for the tick speed and […]
Volatility explained as the trade develops on the GBP/JPY as London forex markets open
At the start of the London forex trading session, I focus on the GBP/JPY currency pair following the initial move higher, and with the reversal […]
How to use the currency array indicator to determine strength and weakness in each currency
In the second section of the forex trading web class, David explains how to us the currency array indicator to determine which currency is driving […]
Where to start each new forex trading session using the Aussie dollar as an example
As the London forex session gets underway I explain where to start and what to look for from previous sessions. In this example, I focus […]
How to use higher and lower timeframes to discover trends
Here I explain how to use higher and lower timeframes when trading forex, to help establish the trends and also levels of support and resistance […]
Risk on sentiment drives forex markets in early trading
Risk on sentiment drives the London forex markets with US futures rising strongly, the VIX falling and strong trends developing across the yen complex, with […]
Entry and re-entry on cable using volume price analysis
An excellent trade on cable this morning as the pair broke away from congestion at the volume point of control on the 30-minute chart as […]
Plenty of trading opportunities this morning in the forex markets
And as the London forex session gets underway there are plenty of trading opportunities and a number of volume price analysis lessons. We start with […]
Applying volume price analysis to the forex market
In this introduction to the London forex session, I explain the basic principles of volume price analysis and the pillars which make up this methodology. […]
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 […]
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 […]
London forex session, YM emini, sentiment and the yen pairs
Here we move to the NinjaTrader platform and take a closer look at the price action from yesterday on the YM emini futures contract. This […]
A rapid roundup of currency indices
A rapid round up of the four currency indices is always helpful to give a view on sentiment, safe haven and direction for these four […]
Check on the daily currency charts post holiday
And finally, to start the new year, time to check on the daily charts for the four key currencies of the Japanese yen, the US […]
Pound, Aussie and the Euro all in focus in the London Forex session
Three currencies in focus in the London forex trading session, and as European markets opened it was the overnight news from China and Australia which […]