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EURJPY : Trading the Breakout Lower
Read MoreEURJPY Technical Analysis EURJPY : Using trading filters/confirmations is key to determine and to signal a trader on which side to trade the market. Trading filters/confirmations are strategies used to analyze the market. A trader should never trade off one strategy and should always combine strategies together to get a better read of the market. […]
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EURUSD : Trading with the Trend
Read MoreEURUSD Trading with the trend : The pair remained in a lower low/lower high sequence this past trading week (Jan.19/2020-Jan.24/2020) meaning EURUSD was still in a down trend. On January 18/2020 I published this article on > EURUSD : Selling the Breakout Lower explaining the pair was in a LL/LH sequence lower. Traders should always […]
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GBPNZD : Catching the Move Higher
Read MoreGBPNZD Technical Analysis On January 20/2020 I posted on social media (Stocktwits/Twitter) @AidanFX that GBPNZD was setting up to rally higher and for traders to watch for possible buying opportunities. GBPNZD 1 Hour Chart 1.20.2020 : The pair formed a bullish market pattern (blue) and price reacted higher off the point D XA 0.786% Fib. retracement […]
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EURUSD : Selling the Breakout Lower
Read MoreEURUSD Technical Analysis EURUSD : Since the start of 2020 the pair has been pushing lower. Using trading filters/confirmations is key to determine and to signal a trader on which side to trade the market. Trading filters/confirmations are strategies used to analyze the market. A trader should never trade off one strategy and should always […]
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USDCAD : Market Patterns Calling the Move Lower
Read MoreUSDCAD Technical Analysis The USDCAD pair since end of 2018 has been moving lower. The July 2019 low confirmed a lower low/lower high sequence. The possibility of the pair continuing the trend lower was visible but traders needed to wait on other signals/patterns to add more confirmation. In the charts below, clear bearish market patterns […]
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GBPUSD : Buying the Breakout Higher
Read MoreGBPUSD Technical Analysis GBPUSD : In the chart below, the pair made a bounce higher on December 23 2019. The pair found a temporary bottom and started a reversal by making higher highs and higher lows. Understanding how a possible short term trend can be forming is key to catching trade possibilities. Using trading filters/confirmations […]