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. […]
-
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 […]
-
GBPUSD : Bullish Signals Calling the Move Higher
Read MoreOn July 26 2022 I posted on social media @AidanFX “ GBPUSD Watch for buying opportunities against 1.1962 stop loss.“ 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 […]
-
EURAUD : Watch for Selling Opportunities?
Read MoreThe chart below of the EURAUD pair is currently trending to the down side making lower lows and lower highs. The pair has been trending lower since it topped out on March 19 2020. If looking to trade EURAUD, traders should be patient and wait for price to push higher. Waiting for price to push […]
-
USDCAD : Trading the Rally Higher
Read MoreOn July 11 2022 I posted on social media @AidanFX “ USDCAD : Will be watching the 1.2968 – 1.2934 area for possible buying opportunities.“ The chart below was also posted on July 13 2022 showing the BUY trade setup. Confluence trading is a combination of two or more trading strategies/techniques that come together and […]
-
AUDCAD : Catching the Sell Setup for a Move Lower
Read MoreOn July 5 2022 I posted on social media @AidanFX “ AUDCAD : Watch for selling opportunities in the 0.8880 area against 0.8920 stop loss. Pending AUDCAD SELL Limit 0.8880 Stop Loss 0.8920 Target 1 0.8800 (1:2RR) Target 2 0.8760 (1:3RR)“ Confluence trading is a combination of two or more trading strategies/techniques that come together […]
-
EURUSD : Watch for Selling Opportunities
Read MoreThe chart below of the EURUSD pair is currently trending to the down side making lower lows and lower highs. If looking to trade EURUSD , traders should be patient and wait for price to push higher. Waiting for price to push higher above the equilibrium level (Blue) and into the premium sell zone (Purple) […]