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Forex Trade Entries
Confluence Zone: A confluence zone is where two or more trade lines meet. This is the most important forex trading entry strategy for traders to maximize their profits. Traders must learn to distinguish confluence zones. When two or more trading lines intersect in the market, they are called confluence zones. The technique is based on the premise that two or more trends occur simultaneously.
Price Action: The most popular way to predict when to enter forex trading is to follow price action. Charts show trends and price movements within a certain range. Every instrument goes through every stage. It may fluctuate up and down a support or resistance level for a while and then break out of it. However, the best forex entry points are those that offer low risk. By following these rules, you will have a better chance of being successful and profitable in Forex trading.
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