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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CADJPY : Trading the Move Higher
Read MoreOn January 10 2022 I posted on social media @AidanFX “ CADJPY LONG/BUY at 91.06 SL/Stop Loss at 90.62 TP/Take Profit at the 91.50-91.72 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 […]
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EURJPY : Trading the Move Higher
Read MoreOn January 5 2022 I posted on social media @AidanFX “ EURJPY watch for a move higher towards the 131.50 area. Watch for buying opportunities as long price stays above 130.83.“ 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 […]
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USDCHF : Market Patterns Signalled the Move Lower
Read MoreThere were several patterns that signalled the USDCHF pair would move lower on December the 7th and the 22nd of 2021. 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 […]
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USDCAD : Trading the Move Higher
Read MoreOn November 23 2021 I posted on social media @AidanFX “USDCAD can still make another push higher as long price stays above 1.2610. Watch for buying opportunities. Bought USDCAD @ 1.2677 SL @ 1.2627 TP @ 1.2727 – 1.2752 area “ Confluence trading is a combination of two or more trading strategies/techniques that come together […]
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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 […]