$0What is CONFLUENCE in Forex Trading?$0$0$0$0$0$0$0$0Alot of people have this question in mind on what is confluence in forex trading.$0And why is it so important.$0$0$0$0Lets start with the Forex Market.$0It is made up of traders (Big or Small) to determine the flow of the market.$0$0$0$0For example: if there are more people buying the Bulls than the bears at a period of time. The market will most likely go Bullish. And so forth if it goes bearish.$0$0$0$0Therefore, forex trading is about understanding the market sentiments. “Where is the big guys with the big influx of money moving the currency market to?”$0$0$0$0And this leads to CONFLUENCE.$0$0$0$0For example.$0$0$0$0Forex Trader A trades only on Fibonacci signals$0$0$0$0Forex Trader B trades only on Moving Average signals$0$0$0$0Forex Trader C trades only on Support & Resistance$0$0$0$0Forex Trader D trades only on Price action$0$0$0$0Forex Trader E trades only on News$0$0$0$0Forex Trader F trades only on Divergence$0$0$0$0Forex Trader G trades on other indicator signals$0$0$0$0Example: Forex Trader A sees a fibonacci signal which is strong and he enters it long. But Forex trader B & C sees their signal and took it short. The market will most likely head short if there are more traders who took it short than long. The bears won the game.$0$0$0$0From this example, you can see why Confluence is so important in forex trading and why professional forex traders enter only on confluence.$0$0$0$0When we combine all the signals, and if they come together in the same direction. Then there is a very good chance that the market will move your way. Because all the forex traders sees their signal (eg. long) and entered it. Regardless of which signals you see, it shows short.$0$0$0$0This shows that, the more trading signals you get on your side of the trade, the higher the chance of winning.$0$0$0$0Of course we need not wait until all the above forex signals come together. So long as we have 3-5 signals that comes together. We have gotten ourself a good trade. And if you take these kind of trades continuously, your forex account size is sure to grow.$0$0$0$0Remember you heard this First from Asia Forex Mentor, and at our Price Action Course – We teach the full forex trading system and strategies for you to apply in your live forex trading account.$0It is Not only about Confluence but is also about how to be a CONSISTENTLY PROFITABLE forex trader.$0$0$0$0To an awesome trading as always,$0Ezekiel Chew from http://www.asiaforexmentor.com$0

Forex Trading is indeed one of the best online business you can start right now. It's easy and require less work but offer bigger profit in lesser time. But, of course, you need to know what you are doing in order for you to make most of this business. Start looking for the best resource that will guide you through forex trading. Find the best ones online. $0$0$0$0$0$0$0$0$0Forex broker reviews | Forex rebates | Forex Cash Back$0