Combining Technical Indicators to Form a Trading Strategy
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…
USDJPY : Watch for Selling Opportunities
The 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…
EURJPY : Moves Lower as Expected
On 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…
GBPUSD : Bullish Signals Calling the Move Higher
On 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…
EURAUD : Watch for Selling Opportunities?
The 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…
USDCAD : Trading the Rally Higher
On 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…
AUDCAD : Catching the Sell Setup for a Move Lower
On 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…
EURUSD : Watch for Selling Opportunities
The 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…
GBPCAD : Will the Pair Continue Higher?
In the daily time frame chart below, GBPCAD has broke the bearish lower low lower high sequence and can be setting up for another round higher. There are possible demand…