Monday, July 4, 2016

How to trade confluence to increase your probability:


Confluence zone are great place to enter a trade because multiple types of traders get involve, which create a significant shift in supply and demand. We should look for Strong confluence zone to increase our probability in trading.
How to look for confluence zone:
Confluence zone are formed when multiple levels of entry signal occur near each other or overleap each other. We have to draw trend line, support resistance line and use tools to get the confluence zone. If you look for following level shown below, that will cover the most important entry level were traders will likely to enter a trade.
1.       Horizontal support and resistance levels from larger timeframe.
2.       Trend line support and resistance
3.       Equidistance channel support and resistance
4.       Fibonacci retracement levels
5.       Round numbers
6.       Pivot level

7.       Chart pattern

11 comments:

Aeldra Robinson said...

Great post! I really like the way you have explained each and everything so well. Very well done with the Blog!

binary options scam reviews

Deba Sheesh said...

Thank you for your great post. It's really very informative and really helpful. Please Keep posting. Thanks again.
23Traders Tutorial

Neha Agrawal said...

Trading in stock market has become trend of today. Traders can trade and enhance their income by reducing risk of investment with the help of stock trading tips of Epic Research. Join our services and earn more.

Aeldra Robinson said...

I am investing in binary options and am enjoying it right now. Do you think I’m doing the right thing about this one? I read a lot of good investing strategies and I am trying to apply their ideas to minimize the risks of losing my investment.

cfd brokers

ricky188 said...

Increase your online presence and sales by using our powerful high PR forum posting service.

alitergalen said...

Traders, who take their CFD trading seriously, will find the best available applications in the CFD market with FXB Trading. There is an incentive for traders at this place in terms of its mobile apps that allow traders who travel frequently to keep a close eye on the market status

Forex Signal said...

Forex Signal

Forex Signals Trader said...

World Wide accurate forex signals service provider is USA FOREX SIGNAL. 100 % Real and Accurate best forex signals service provide USA FOREX SIGNAL company. You can try at least one time USA FOREX SIGNAL service.

sabaku tense said...

It is not at all difficult for traders to find regulation information at FXB Trading. It is full of articles that describe regulatory policies with great detail. Traders will also find numerous documents pertaining to risk disclosure

Trader Jonson Gilbard said...

Most accurate forex signals service provider is Hot Forex Signal. Hot Forex Signal Provide best forex signals and forex local trade copier service. To get this service you can get two option, one is trail another is premium. Trial signal services will provide you limited signals, on the other hand, the premium signals services will provide you their full service at a contracted period.
Hot Forex Signal: http://www.hotforexsignal.com/

Forex Trader said...

Worldwide best forex signals service provider is Forex Signals Es. Most popular forex signals and trade copier provider company is Forex Signals Es. Forex Signals Es are going to offer you a choice to obtain forex signals just for the premium users. Otherwise everybody will use the Free Forex signals from Forex Signals Es web site. Forex Signals Es are going to apprize you before taking any trade. If you're not before of the commerce platform, no drawback Forex Signals Es are going to send you mobile notification through our international SMS services. So, you won’t miss any forex signals from the simplest best forex signals live. Forex commerce signals providing is our main task that service you'll get directly and directly you'll be benefited once taking Forex Signals Es service.

Forex Signals Es: http://www.forexsignals.es/