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Time frames and Confluence – 3/06
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Forex trading pair: eur gbp daily chart
Pin bar appears on the Eur gap daily time frame. Where do we enter?
Lets move down to look at the 4 hour time frame……………

eurgbpcon2 Fibonacci is drawn as shown in the picture to look at areas of confluence.
The highlighted area shows strong consolidation due to confluence of the fib at 38.2%, 23.6% and the price pivot.
Little wonder, price consolidates in that area.

To enter, enter on the break of the area of confluence which is also the break of the pin bar on the daily time frame.

This is how we do it. And yes you can do it too.

Just pure understanding of how the market works and moves.

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Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.

Ezekiel is considered as one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms.

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About Ezekiel Chew
About Ezekiel Chew

Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.

Ezekiel is considered as one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms.

GET THE PROPRIETARY ONE CORE PROGRAM
(The same system I use to make 6 figures a trade with)

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Related Posts
  1. How to read the charts in forex trading (Like a Pro) – Part 2
  2. The Support and Resistance Forex Ultimate Guide
  3. What is Forex Trading and How does it work?
  4. The Complete Forex trading Strategies Guide (Updated 2021)
  5. How to read the charts in forex trading (Like a Pro)
  6. Trading using Double Top pattern and Double bottom pattern

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