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    What is a Confluence? | Vantage FX UK


    by vantagefxuk

    Vantage FX UK ( explores one of the smaller currencies on the market: the NZD, and compares it with USD. This reveals a confluence of things... Subscribe to this channel to ensure you never miss an episode.


    A confluence arises when a trader sees two or more different strategies based on different principles combine to suggest the same trade. Such an event occurs when there is a definitive market move or a strong breakout after a prolonged sideways move in the market. Some will view a confluence-type strategy as one that reduces risk by attempting to add certainty, although others may feel that opportunities don't arise frequently enough.