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Persephone_AM

Fibonacci Trading And Price Action

Long
U.S. Dollar Index (TVC:DXY)  
Persephone_AM Updated   
TVC:DXY   U.S. Dollar Index
Support and Resistance Fibonacci
2
0
supportandresistance fibonacci
Establish a fibonacci price cluster on the short time frame on DXY.
A nice return to the uptrend.
I set up a trigger point on DXY not only to trade on DXY but also to use it to trade products related to the USD.
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It is important that you enter a trading order with a volume appropriate to your account. With each transaction above, I accept to lose 2% of my account only. And when the price has followed the analyzed trend and passed through a support mark on that trend, I will at least take the loss to the breakeven point or to enable Traling stops with the EA I set up.
Trade active:
Set up my intraday entry point, based on Fibonacci price cluster support on DXY to comment on orders on related products. I will trade with EURUSD.
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Trade active:
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Because this is intraday trading. I will move the stop loss to the breakeven point.
Currently if I close this order, I will receive 3.5 pieces of cake, I have to pay the floor for 1 piece of cake, and I get 2.5 pieces back.
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The price is still stuck in this price area, unable to break out either up or down.
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The act clearly escapes the shark's trade and the crowd panics.
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