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  1. #1
    KingKaivar's Avatar
    KingKaivar is offline Senior Member
    Join Date
    Oct 2011
    Location
    Perth, Western Australia
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    332

    Default What factors create zones of confluence?

    Just looking for some ideas on identifying zones of confluence for price action signals. So far I've noted down:

    - support and resistance levels
    - trend lines and channels
    - rejection off moving averages (50SMA, 100SMA, 200SMA etc)
    - big round numbers for price levels (1.0000, 1.5000 etc)
    - fibonacci retracement levels (especially 50-62.8%)

    Any other thoughts or ideas?
    Control your own destiny or someone else will. - Jack Welch


  2. #2
    bobmaninc is offline FX-Men Honorary Member
    Join Date
    Oct 2010
    Location
    Jacksonville, FL USA
    Posts
    2,938
    pivot points
    divergence
    price correlation
    candle patterns
    candle formations


    I will think of more
    If you do not help us noobs we will grow.

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