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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EURJPY : Trading the Move Lower
Read MoreOn November 24 2021 I posted on social media @AidanFX “ EURJPY Watch for a move lower from current prices. Watch for selling opportunities against 129.60 stop level targeting the 128.00 – 127.80 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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USDJPY : Market Patterns Signalled the Move Higher
Read MoreThere were several patterns that signalled the USDJPY pair would rally higher on November 10 2021. Since the start of 2021 USDJPY has been trending to the upside so it would only make sense to trade with the trend and not against it. Confluence trading is a combination of two or more trading strategies/techniques that […]
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GBPCAD : Trading the Move Lower
Read MoreOn November 9 2021 I posted on social media @AidanFX “ GBPCAD can push lower towards 1.6810 area. Watch for possible selling opportunities. “ 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 […]
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USDCAD : Trading the Move Higher
Read MoreOn November 3 2021 I posted on social media @AidanFX “ USDCAD can still push higher as long as price stays above 1.2351. Will be looking for buying opportunities. “ 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 […]
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EURAUD : Confluence Trading
Read MoreConfluence trading is a combination of one 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, Candlestick patterns etc.), price action (Support & Resistance, Supply & Demand Zones, Fibonacci retracements etc.) and indicators (RSI, Moving Average, Stochastic etc.) […]
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Confluence Trading
Read MoreConfluence trading is a combination of one 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, Candlestick patterns etc.), price action (Support & Resistance, Supply & Demand Zones, Fibonacci retracements etc.) and indicators (RSI, Moving Average, Stochastic etc.) […]