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USDJPY : 1:3 Risk/Reward Target Hit
Read MoreOn January 8 2024 I posted on social media, @AidanFX , ” LONG USDJPY at 144.20 Stop Loss at 144.05 Target at 144.50 – 144.95 area ” BUY Trade Setup 1. Price respects and bounces higher from the demand zone. (Black) 2. Price forms a bullish RSI divergence pattern in the demand zone. (Red line) 3. […]
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EURJPY : 1:2.5 Risk/Reward Target Hit
Read MoreOn January 4 2024 EURJPY was showing signals that the pair would extend higher. Below I will explain the reasons why I entered BUY/LONG trade. Buy Trade Setup 1. Price enters the 1 Hour bullish demand zone. (Gray box) 2. Price sweeps a liquidity level faking out sellers and fuelling the buyers. (Black line/Liquidity Grab) […]
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EURUSD : 1:5 Risk/Reward Target Hit
Read MoreDecember 28 2023 I entered the sell entry on the EURUSD pair at 1.1112 with a 10 pip stop loss at 1.1122 and eyeing for a move lower to the 1:5RR target at 1.1062. Sell Trade Setup 1. Price entered the 4 hour supply zone where price can reverse lower. (Blue box) 2. Price breaks […]
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EURCAD : Two Sell Trades Hit Targets
Read MoreOn December 19 2023 I posted on social media @AidanFX ” Sold EURCAD at 1.4655 Stop Loss at 1.4685 Target at the 1.4595 – 1.4565 area.” SELL Trade Setup 1. Price grabs buyside liquidity faking out buyers. (Black line) 2. Bearish Accumulation, Manipulation, Distribution pattern. (Purple,Yellow, Blue boxes) 3. Price forms a bearish divergence pattern […]
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GBPUSD : Catching the Move Lower
Read MoreDecember 12 2023 I entered the 1st sell entry on the GBPUSD pair at 1.2566 with stop loss at 1.2596 calling for the move lower to the the 1:2RR target at 1.2506. On December 13 2023 I also posted the 2nd sell entry on social media @AidanFX ” SHORT/SELL GBPUSD at 1.25423 Stop Loss at […]
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AUDJPY : Bearish Market Patterns Signalling the Move Lower
Read MoreOn November 28 2023 AUDJPY was showing multiple bearish market patterns that was signalling traders that the pair was going to move lower. Confluence trading is a combination of two or more trading strategies/techniques that come together and form a high probability buy or sell trade setup in a certain area in the market. Market […]