Confluence Trade vs Forex Trade
Confluence
Trade vs Forex Trade
Forex trading refers to the buying and selling of currencies in the foreign exchange market. It is one of the most liquid and largest financial markets in the world. Traders in forex look for opportunities based on price movements between currency pairs like EUR/USD, USD/INR, etc.
Confluence Trading is not a market, but a strategy used within any market including forex, stocks, or crypto. In confluence trading, a trader combines multiple factors (like support/resistance levels, indicators, trendlines, and price action) that all point to the same trade direction. When several tools or signals align, the trader gains higher confidence in that trade setup.
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