Fibonacci Trading And Price Action US30
Establish fibonacci price cluster and resistance at sell-side sensitive points.
Let's wait and see how the price will run, Remember that the trading volume is suitable for the account.
Let's wait and see how the price will run, Remember that the trading volume is suitable for the account.
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Trade closed manually:
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Looks well worth a try..
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The setup remains the same today. while the peaks and troughs remain the same.
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These are my follow-up setups after the initial trade setups.
You may have noticed that the Fibonacci levels and clusters that coincide with resistance or support provide a very high trading opportunity.
The trading analysis on this method aims to identify important support and resistance levels, and this is the most important part of the matter. The market always exists in two states of buying and selling, when the price moves through these sensitive points, it always has an important memory position and can be repeated many times to confirm the bulls win. Or the bears have the upper hand.
It is important that you choose a Broker with low and fixed commissions with low spreads and acceptable swaps and the right trading volume for the capital account.
You may have noticed that the Fibonacci levels and clusters that coincide with resistance or support provide a very high trading opportunity.
The trading analysis on this method aims to identify important support and resistance levels, and this is the most important part of the matter. The market always exists in two states of buying and selling, when the price moves through these sensitive points, it always has an important memory position and can be repeated many times to confirm the bulls win. Or the bears have the upper hand.
It is important that you choose a Broker with low and fixed commissions with low spreads and acceptable swaps and the right trading volume for the capital account.
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US30 Looking back at the trades and support-resistance levels.
Greed, fear and pain drive prices. And traders are loners.
Greed, fear and pain drive prices. And traders are loners.
Trade active:
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Just take the money, people.
I recommend reducing your volume or bringing your stop loss to breakeven
I recommend reducing your volume or bringing your stop loss to breakeven
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Let's go pick up the money that fell on the floor together, okay?
If the price breaks through the second Fibonacci cluster after the entry, to preserve your profits if you are using an EA I think you should start a Trailing stop to protect your profits, because the market is not always running. following the trend of the analysis completely.