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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GBPUSD : Trading the Move Lower
Read MoreOn May 6 2022 I posted on social media “GBPUSD SOLD @ 1.2340 Stop Loss 1.2380 Target 1.2280 – 1.2260 area.“ 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 […]
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AUDJPY : Market Patterns Signalled the Move Higher
Read MoreOn April 6 2022 there were several market patterns that signalled the AUDJPY pair would move higher. 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 etc.), price action […]
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CADJPY : Catching the Buy Setup for a Move Higher
Read MoreOn April 12 2022 I posted on social media @AidanFX “ LONG/BUY CADJPY at 99.28 SL 98.98 TP 99.73 – 99.88 area“ 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, […]
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CHFJPY : Catching the Buy Setup
Read MoreOn April 7 2022 I posted on social media @AidanFX “ CHFJPY watch for buying opportunities for another push higher towards 133.32 – 133.61 area. LONG/BUY CHFJPY at 132.47 SL 132.14 TP 133.13 – 133.46 area“ Confluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability buy/sell zone […]
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EURJPY : Trading with the Trend
Read MoreOn March 23 2022 I posted on social media @AidanFX “EURJPY Watch for buying opportunities against 132.31 stops for a move higher towards the 134.00-134.50 area“ The EURJPY 1 Hour chart below was also posted on social media showing the BUY scenario. The pair has been trending up forming a higher high/higher low sequence. At […]
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EURCAD : Trading the Move Lower
Read MoreThe EURCAD 1 Hour chart below was posted on social media @AidanFX March 22 2022 with the trade entry, stop loss and target. Price hit the Static Support/Resistance level (Black) and respected this level with a move lower. Dynamic Support/Resistance 50MA (Light Blue) was also respected signalling a bearish confluence zone. Stochastic indicator was at […]