Fibonacci levels for intraday trading

[Hi3rophante]

EURUSD update



Reversal



New intraday trend likely : DOWN


N1: 1.2137

N2: 1.2109

N3: 1.2064



See arrows on the following chart :

 

[Hi3rophante]

Good morning everyone,



Here are the Fibo levels for today :



EURUSD



Current intraday trend likely : DOWN


N1: 1.2069

N2: 1.2049

N3: 1.2017



See arrows on the chart :







*********

USDCAD



Current intraday trend likely : UP



N1: 1.2737

N2: 1.2768

N3: 1.2818



See arrows on the chart :

 

[Hi3rophante]

USDCAD Update



Reversal => new current intraday trend likely : DOWN



N1: 1.2687

N2: 1.2656

N3: 1.2606



See following chart :

 

[MisterIsk]

N1, N2, N3 are these target points? How do you recommend to put StopLoss?

 

[Hi3rophante]

Yes, Nx are the prices that are likely to be reached during the current trend ; you can do various stop loss strategies : if you have multiple entries, you can do progressive stops (ie partial stops) ; you can have hard stops based on Fibonacci too ; you have lots of options, it's up to you to know how much latent loss is too much for your system. For me, I accept big drawdowns, but I know a lot of guys don't like that.

 

[Hi3rophante]

Hello everyone,

I have finally managed to close some older positions, now we are ready for new positions.

That being said, here are the Fibonacci retracements that I'm watching for today :

EURUSD

Current intraday trend likely : DOWN

N1: 1.2081
N2: 1.2074
N3: 1.2062

See arrow on the following chart :

********
GBPUSD

Current intraday trend likely : DOWN

N1: 1.3942
N2: 1.3927
N3: 1.3903

See arrow on the following chart :

********
AUDUSD

Current intraday trend likely : DOWN

N1: 0.7811
N2: 0.7794
N3: 0.7768

See arrow on the following chart :

********
USDCAD

Current intraday trend likely : UP

N1: 1.2644
N2: 1.2657
N3: 1.2678

See arrow on the following chart :

 

[Hi3rophante]

GBPUSD update

Reversal => new current intraday trend likely : UP

N1: 1.3965
N2: 1.3981
N3: 1.4005

See arrow on the following chart :

 

[Hi3rophante]

USDCAD update



Reversal => new current intraday trend likely : DOWN



N1: 1.2622

N2: 1.2609

N3: 1.2587



See arrow on the following chart :

 

[Hi3rophante]

Good morning everyone,

Here are the Fibonacci retracements that I'm watching for today :

EURUSD

Current intraday trend likely : DOWN

N1: 1.2043
N2: 1.2029
N3: 1.2006

See arrow on the following chart :

********
GBPUSD

Current intraday trend likely : UP

N1: 1.3953
N2: 1.3973
N3: 1.4006

See arrow on the following chart :

********
AUDUSD

Current intraday trend likely : UP

N1: 0.7783
N2: 0.7802
N3: 0.7833

See arrow on the following chart :

********
USDCAD

Current intraday trend likely : UP

N1: 1.2674
N2: 1.2690
N3: 1.2716

See arrow on the following chart :

 

[Hi3rophante]

USDCAD update

Reversal => new current intraday trend likely : DOWN

N1: 1.2649
N2: 1.2633
N3: 1.2607

See arrow on the following chart :

 

[Hi3rophante]

Hello everyone,

Here are the Fibonacci levels I'm watching for today :

EURUSD

Current intraday trend likely : DOWN

N1: 1.1891
N2: 1.1869

Voir flèches sur le graphique suivant :

********
GBPUSD

Current intraday trend likely : DOWN

N1: 1.3800
N2: 1.3759
N3: 1.3691

See arrow on the following chart :

********
GBPAUD

Current intraday trend likely : DOWN

N1: 1.7913
N2: 1.7870
N3: 1.7800

See arrow on the following chart :

********
USDCAD

Current intraday trend likely : UP

N1: 1.2674
N2: 1.2707
N3: 1.2752

See arrow on the following chart :

 

[Hi3rophante]

Hi everyone,

Here the Fibonacci retracements I'm watching for today :

EURUSD

Current intraday trend likely : UP

N1: 1.1936
N2: 1.1950
N3: 1.1968

See arrow on the following chart :

*********
GBPUSD

Trend intraday probablement en cours : UP

N1: 1.3935
N2: 1.3945
N3: 1.3963

Voir flèches sur le graphique suivant :

*********
GBPAUD

Trend intraday probablement en cours : DOWN

N1: 1.7970
N2: 1.7938
N3: 1.7885

Voir flèches sur le graphique suivant :

*********
GBPJPY

Trend intraday probablement en cours : UP

N1: 151.29
N2: 151.59
N3: 151.98

 

[Hi3rophante]

Hi everyone,

Here the Fibonacci retracements I'm watching for today :

EURUSD

Current intraday trend likely : UP

N1: 1.1936
N2: 1.1950
N3: 1.1968

See arrow on the following chart :

*********
GBPUSD

Current intraday trend likely : UP

N1: 1.3935
N2: 1.3945
N3: 1.3963

See arrow on the following chart :

*********
GBPAUD

Current intraday trend likely : DOWN

N1: 1.7970
N2: 1.7938
N3: 1.7885

See arrow on the following chart :

*********
GBPJPY

Current intraday trend likely : UP

N1: 151.29
N2: 151.59
N3: 151.98

See arrow on the following chart :

 

[ghasemizadeh]

how to work? could you help about this method
do you think is it ok for real

 

[Hi3rophante]

Hello,

With these levels, you can make money in both directions : you can follow the current trend and take profit everytimes it touches one mentionned level ; or you can take countertrend trades and wait for reversal ; I personnaly trade this method live for some times now and I make money ; you have to put hard stop losses because sometimes you can be stuck in heavy positions against you.

 

[rustydavo]

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

Which indicator is that>? I've seen it so many times but the name escapes me. Thanks

 

[Hi3rophante]

Which indicator is that>? I've seen it so many times but the name escapes me. Thanks

This is just a Fibonacci levels indi, which can be found in all trading softwares and platforms I think

 

[Hi3rophante]

Here are some of the Fibonacci retracements I'm watching for today :

EURUSD

Current intraday trend likely : DOWN

N1: 1.1943
N2: 1.1929
N3: 1.1905

See attached chart :

******
USDCAD

Current intraday trend likely : DOWN

N1: 1.2485
N2: 1.2504
N3: 1.2534

See attached chart :

Hello everyone,

Here are some of the Fibonacci retracements I'm watching for today :

EURUSD

Current intraday trend likely : DOWN

N1: 1.1943
N2: 1.1929
N3: 1.1905

See attached chart :

******
USDCAD

Current intraday trend likely : DOWN

N1: 1.2485
N2: 1.2504
N3: 1.2534

See attached chart :

 

[Hi3rophante]

Hello everyone,

Here are the Fibonacci levels I'm watching for today :

EURUSD

Current intraday trend likely : UP

N1: 1.1938
N2: 1.1948
N3: 1.1963

See attached chart :

*********
GBPUSD

Current intraday trend likely : DOWN

N1: 1.3871
N2: 1.3851
N3: 1.3820

See attached chart :

 

[Hi3rophante]

Hello there,

Here are some Fibo levels I'm watching for today :

EURUSD

Current intraday trend likely : UP

N1: 1.1906
N2: 1.1914
N3: 1.1927

See attached chart :

*********
GBPUSD

Current intraday trend likely : DOWN

N1: 1.3885
N2: 1.3872
N3: 1.3852

See attached chart :