Divergence trading patterns can signal traders of possible trade setups. There are 2 types of divergence patterns, regular divergence and hidden divergence. Both patterns can signal a trader on which side to trade the market. A divergence pattern is when price is moving in one direction but the oscillator indicator is moving in a different direction. […]
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EURAUD : Moves Higher as Expected
Read MoreOn September 5 2022 I posted on social media @AidanFX “ EURAUD BUY at 1.4603 Stop Loss 1.4563 TP 1.4683 (1:2RR) 1.4723 (1:3RR)“ Confluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability buy/sell zone in a certain area in the market. Market patterns (Elliott Waves, […]
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EURJPY : Higher Time Frame Analysis, Lower Time Frame Entry
Read MoreOn September 2 2022 the EURJPY pair entered a confluence zone and signalled a high probability SELL trade setup. Confluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability buy/sell zone in a certain area in the market. Market patterns (Elliott Waves, Harmonic, Head and Shoulders, […]
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Trend Continuation Trading Strategy
Read MoreConfluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability buy/sell zone in a certain area in the market. Market patterns (Elliott Waves, Harmonic, Head and Shoulders, HH/HL and LL/LH sequences etc.), price action analysis (Support & Resistance, Supply & Demand Zones, Candlestick analysis etc.) and […]
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Combining Technical Indicators to Form a Trading Strategy
Read MoreConfluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability buy/sell zone in a certain area in the market. Market patterns (Elliott Waves, Harmonic, Head and Shoulders, HH/HL and LL/LH sequences etc.), price action analysis (Support & Resistance, Supply & Demand Zones, Candlestick analysis etc.) and […]
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USDJPY : Watch for Selling Opportunities
Read MoreThe chart below of the USDJPY pair is currently trending to the down side making lower lows and lower highs. If looking to trade USDJPY , traders should be patient and wait for price to push higher first, before looking to enter SELLS. Waiting for price to push higher above the equilibrium level (Light Blue […]
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EURJPY : Moves Lower as Expected
Read MoreOn July 27 2022 I posted on social media @AidanFX “ EURJPY is a SELL against 139.52 stop loss. SOLD EURJPY at 139.02 Stop Loss 139.52 Target 138.02“ Confluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability buy/sell zone in a certain area in the […]