Confluence forex meaning

Confluence refers to any circumstance where you see multiple trade signals lining up on your charts and telling you to take a trade. Usually these are technical indicators, though sometimes they may be price patterns. Most Forex traders who succeed do so with a minimal number of indicators on their charts.
Table of contents

This tool is customizable so you can choose the asset selectors and the time frame that are more suitable for your trading operations. Read more about the Technical Confluences Detector.


  • cvx stock options.
  • is options trading profitable.
  • Confluence Definition | Forexpedia by ?
  • top trading system.

The greenback continues to draw bids on the back of economic recovery and successful vaccine campaigns in the US. That area is the confluence of the SMA one-hour, Fibonacci This tool assigns a certain "weight" to each indicator according to its class and time range. This "weight" is propagated to adjacent price levels — even if those levels do not contain any indicator — to highlight the influence of the force of attraction generated by the presence of important indicators such as a simple moving average or a Pivot Point level in a daily range.

Actively scan device characteristics for identification.

Confluence Detector

Use precise geolocation data. Select personalised content. Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads.

Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. Confluence is the combination of multiple strategies and ideas into one complete strategy. Confluence occurs when two or more separate ideas or strategies are used together to form a comprehensive investment strategy that is in line with an investor's risk profile and goals.

Get FREE Trading Signals

This term can also be used when employing technical analysis , by looking at charts with multiple indicators or overlays and developing levels where different indicators are combined to help identify possible opportunities. Confluence stems from its underlying geographic definition which is regarded as the point where multiple flowing bodies of water join together to merge into one.

Investment advisers can use confluence to provide their investment management services for their clients from several sources of investment. Technical analysts are known to use the concept of confluence to identify and support technical trading through the use of multiple signals or indicators comprehensively. Is price action confluence trading the holy grail of forex trading?

Trading Confluence: a High-Probability Approach – IC Markets | Official Blog

It is simply one technical analysis method of looking at the prices in the forex market and trading it. The 4 confluence trading price action techniques I have shown you are the ones that tend to appear more regularly. Now that you know what they look like, your job is to keep watching the charts to see if they form and then take trades on those confluence trading setups.

Well, I got good news for you! It is not difficult if you know what to look for.

Related INTERESTING posts:

What Is Confluence Trading? In this post, you will get your answer to what is confluence trading. Well, in this post, I will: show you what confluence trading really is and if you are a price action trader, this trading technique is one that you should know.