Short

US30-Fibonacci Trading And Price Action

Updated

Fibonacci cluster trading setup, I'm really sorry to share my trading setup yesterday with you using my phone.
I would like to send it back to you. I find this setting still worth using.

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I'm still holding my short position and I notice when the price jumps into the sensitive price zone. Many people jumped in to sell short. The market refuses to move higher. When there was a profit taking action on XAU/USD.

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Wow. They sold short and took too much profit. I see the price will be rejected and fall even further. Everything has only just begun.

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I see a speculative move stubbornly buying up. I took profit and reduced the volume and kept my stop loss. Even if the price hits the stop loss I still make a profit on this trade.
Desperately pushing the price up. really stubborn.

Trade active

I just entered a short position at 35334.40
I see quite a few people selling short to close their buy orders.
I think I will keep this order until next week.

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Preparing for the end of trading hours, I will leave this order for next week.

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I have a pretty detailed setup on the DXY for at least the next two weeks, quite a few touch points and resistances. It will pretty much determine the trading of forex, gold, and other indices.
Setting up a trade is much easier to work with.

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tradingview.com/chart/JT793ZLb/
This is the setup on DXY.

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Wow, I think everyone will find good or right direction in their decisions with USD related trading products.
For me, it feels like taking an exam and knowing the test suggestions in advance.
Of course, it's best if you keep an eye on trend indicators on USD-related products so you don't fall into a situation where you hold the headlights in front of your car.

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Wow, that's awesome.
Let's get some money, people!

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I think the sensitive levels are still in place with the Fibonacci and resistance cluster setups.
In the US session I see more traders jumping into trading rather than using trading algorithms.

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DXY is moving towards the Fibonacci price cluster and support. You can consider entering trades on related products, always remember to stop loss and when in profit move stop loss to breakeven point so that a trade always wins or breaks even

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Did you enter orders on related products during the DXY retracement? Evaluating a certain product and to trade on other related products is something that I find few books or technical analysts to talk about widely.
I feel like walking randomly in the market and always having an edge.

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I day trade so I mainly set up trading points for the day or a few days.
Let's see if DXY's support pullback is established on any product!

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There will be some important economic news today when US markets open for trading.
DXY may retrace the level (101.147 - 101.155)
DXY may retrace the level (101.109 - 101.117)
or to a deeper mark (101.007 - 101.026)
Don't act too soon on any product, it's like holding a flashlight in front of a car or predicting a storm or storm and still going fishing.
I advise you to prioritize limit orders and have a clear stop loss.

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Wow, all of a sudden, DXY didn't even retrace the first support at 101.244.
I went too far in judging. This also proves the strength of DXY and nothing can stop the bull team and CB news further emphasizes the strength of the bull team.

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I think there is not really something random.
I wish you much success with the setup I provided.
I would like to send a message to one person:
If you've seen my settings Mrs. Carolyn Boroden or someone who knows you. I would like to contact you for more information about Fibonacci. Because I see a lot of things that are not random when I study Fibonacci in terms of arithmetic, geometry, and even sound.
Please message me.

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Wow, DYX pullback to 100,909 A good opportunity to trade on respective product setups. Price touches the lowest support I have provided setting up DXY. Let's see how the price runs and everything reverses??

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I set up a sell order on EUR/USD and the price triggered. I expect a recovery in DXY, If the price of DXY falls too low and the last support I established cannot hold the price, I will cut my SELL order on EUR/USD.
I entered a small order.

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DXY is recovering quite well, I am profitable, I will take profit and reduce my order volume, if the trend of DXY is stable I can hold it until at least tomorrow, I expect tomorrow it will bring. give me breakfast and gas for the week.

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The retracement of DXY is quite good after entering the resistance area I established, I will watch a bit more, if the DXY trend is ok and breaks above the previous support turned resistance areas, I think The reversal of many products will not occur.

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The analysis of Fibonacci price clusters with support and resistance. Today I added the volume profile indicator. And when the Fibonacci price clusters held support in combination with a perfect POC line at the bottom of DXY 100.561.
I entered a rather large trade on EUR/USD 1.1420 when a Fibonacci price cluster I also set a sell direction at 1.1421. I already have a little income for next month.

How wonderful.

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Wow. I don't think DXY reacts so strongly, all related products have to retrace to that strength.
Market analysis gives a better trading overview, of course money is important but for me it is not everything as a trader.

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Currently DXY is in a noisy area of price. I advise you not to trade forex at this time without a specific setup.

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Since DXY's price action is very decisive for the market, I would try to provide sensitive Fibonacci price cluster setups with resistance and support on the short 15-minute timeframe and possibly shorter on the 5 as well. minute. Observing the price action of DXY combined with economic news will give an overview of the forex market. Gold futures, and indices related to the greenback.
I hope everyone will trade better and reduce unnecessary losses. Last week was a pretty good week for me as I did my DYX analysis and cross trades on related products.

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I apologize for posting so many problems in this trading setup, but I see setup posts sharing with everyone the setups and trend direction as well as entry points on many other instruments in the related market. and then no one bothered to notice.
I find it very important but why does everyone seem to ignore it even though the point I share this setup could be to change the direction of an entire global forex-commodity-products market.
Sorry if I spoke too bluntly and offended any of you.

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Persephone_AM

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