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What is confluence? Confluence in trading is the strategy of combining multiple independent technical indicators, chart patterns, or market factors to confirm a single trade signal. By stacking confirmations‼️ We are currently floating 70+ Pts in profit on GBPJPY. How did we use multiple confluences to analyze this trade? Welp… I’m glad you asked 😬 Let’s pretend we are private investigators and bring evidence of questioning which happens to be picture #1 (first pic). - This is the Japanese Yen. The Japanese yen at time of analyzing seen bullish momentum close above 670.0. This price point happens to be a MAJOR QUARTER POINT (MQP). Anything Major has significant reactions and so, because the behavior in the candles were extremely volatile with a candle close above this price point. I immediately went to a pair that I love to trade. GBPJPY. - Pic #2 (middle pic) GBPJPY already had struggles closing above price point 215.500. At the same time the Yen had a bullish momentum close above a major quarter point level. We see GJ close with a volume bearish candle across 2 time frames that are very significant. The 4 hour and 1 hour time frames. These two time frames signaled the same correlation in price and gave me the confidence to want to take this trade. - Pic #3 is when I Do My Danceeeeeeeeeee 🥶. Not only do we have evidence that the trade was taken, but we have strong evidence that this trade COMPLETELY died and GJ my friends… Was simply just caught in the crossfire of our great analysis strategy combining multiple confluences. 😎 Confluence is key when trading. Because we are trading gbpJPY, I capitalized the “JPY” for a reason. It’s the quoted currency where as, the “GBP” is the base currency meaning, we want to use the evidence of the quoted currency to determine what this pair will likely do next. Having this level of insight will allow you as a trader, to build a case, draw in the evidence and determine if it’s worth going to trial 😬. What are your key takeaways to confluence based on this quick read? Leave a comment below ‼️.

NASDAQ shorts played to perfection. HOW DO YOU BUY YOUR TIME BACK?!?!?! Welp I’m happy you asked 😬….. My work day is simple. Sit at my laptop at 9:15am From 9:15am to 9:25am, I have a pretty strong bias and understanding of what I am looking for in preparation to trade on the day. My bias could change, it all depends on the markets. The rest is waiting for the market to come to me so that I can trade what I see, not what I want. In the waiting game you have to be patient. The goal here is to get the best risk to reward, avoid as much drawdown as possible, keep calm and stay flexible in your expectations. Today’s trade setup developed and by 10:30am, I had an entry signal. From entry to target the market dropped 110 pts, hit my target on the nose and by 10:50am, workday is Done! 🥶 This is the power of trading and having this skillset. Imagine going to work at 9:15am and being done by 10:50am. 😌 How much more productive with your time, could you be? I always risk a 1:2 risk to reward so for every $1, I am looking to make $2. Use your imagination and substitute the number you would risk on a trade, and I am sure, your mind will began turning. I will do you one better. imagine if all you risked was $500 to make $1000. And out of 5 trading days, you only traded 3 of those days and were able to make $3000. In total you only worked 3-4hrs in the week to make $3k. Congratulations, you’ve just bought your time back. Here’s 3 steps to becoming a profitable trader. 1. GET A MENTOR 2. GET A MENTOR 3. GET A MENTOR It’s that simple 😬😬😬. You need someone who has a proven system that works, who can teach you the psychology behind the markets. Without this, it’s a long hill to climb. By yourself you can go far, but together we can go farther.