Fibonacci levels for intraday trading

[Hi3rophante]

Hello everyone,

Here are some Fibo levels I'm going to trade today :

EURUSD

Current intraday trend likely : DOWN

N1: 1.2166
N2: 1.2159
N3: 1.2151

See arrows on the chart below :

********
GBPUSD

Current intraday trend likely : UP

N1: 1.4125
N2: 1.4134
N3: 1.4144

See arrows on the chart below :

 

[Hi3rophante]

Hello everyone,

Here are some of the Fibonacci extensions I'm going to use for trading today :

EURUSD

Current intraday trend likely : UP

N1: 1.2200
N2: 1.2221
N3: 1.2245

See arrows on the chart :

*********
GBPUSD

Current intraday trend likely : UP

N1: 1.4177
N2: 1.4191
N3: 1.4214

See arrows on the chart :

 

[Hi3rophante]

Hello everyone,

Here are some of the Fibonacci extensions I'm going to exploit today :

GBPAUD

Current intraday trend likely : UP

N1: 1.8313
N2: 1.8337
N3: 1.8369

See following chart :

*******
GBPJPY

Current intraday trend likely : UP

N1: 155.37
N2: 155.47
N3: 155.65

See following chart :

 

[azizan8]

In this thread I’m going to post intraday Fibonacci levels that I’m using for opening positions. Hope that will help.

GBPUSD - 26/01/2021

Possible trend : DOWN

Here are the target Fibo levels :

N1: 1.3650
N2: 1.3632
N3: 1.3603

My plan is to take some buy orders when the price reaches these levels and take advantage of the rebound ; in the following graph, you can see my levels marked by some green arrows.

View attachment 14626

how accurate of this system?

 

[Rvlxssss]

Amazing work! you've made a great analysis on those pairs jeje

 

[Hi3rophante]

Hello everyone,

Here are the Fibonacci extension levels I'm trading today :

GBPAUD

Current intraday trend likely : DOWN

N1: 1.8296
N2: 1.8278
N3: 1.8255

See arrows on the following chart :

*******
CHFJPY

Current intraday trend likely : UP

N1: 122.60
N2: 122.74
N3: 122.91

See arrows on the following chart :

 

[Hi3rophante]

how accurate of this system?

It depends on how you do your money management ; but even with the simpliest money management (1 hard stop + 1 hard profit taking) it is profitable ; I am currently compiling a trackrecord, I will share the results in the incoming months.

 

[Hi3rophante]

Amazing work! you've made a great analysis on those pairs jeje

thank you man!

 

[Hi3rophante]

And here are some of the Fibonacci extensions I plan to trade today :

GBPAUD

Current intraday trend likely : DOWN

N1: 1.8316
N2: 1.8271
N3: 1.8210

See arrows on the following chart :

*******
GBPJPY

Current intraday trend likely : UP

N1: 155
N2: 155.22
N3: 155.53

See arrows on the following chart :

 

[akashihieu1289]

Great guys, I also use Fib for my trading , It is usefull at all