Forex trading pair: usdcad
A nice pin bar protuding out with the eyes and the nose at the right places.
NICE PIN BAR right at confluence of:
1) Fibonacci 50%
2) 150 EMA
3) Price Pivot
When this 4 items combine together. BANG! This is the HOLY GRAIL!
ezekiel do all currency pairs adhere to the rules of confluence with accuracy? What about wild children like the G/J?
Yes all pairs adhere to the rules. However it is the exiting of the trade and money management that is difficult. This is what separates profitable traders from the rest of the 90%.
g/j?