Fibonacci levels for intraday trading

Hi3rophante

Member
75 4
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.

gbpusd260121.png
 
Last edited:

Hi3rophante

Member
75 4
USDCAD - 26/01/2021


Possible trend : UP


Here are the target Fibo levels :


N1: 1.2767
N2: 1.2792
N3: 1.2850


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

usdcad26012021.png
 

Hi3rophante

Member
75 4
Hello everyone,

Yesterday USDCAD and GBPUSD fibo levels were pretty good, the reversal was quite powerful.
Let’s see today’s Fibonacci levels.


EURUSD - 27/01/2021


Current possible intraday trend : DOWN


With that in mind, here are the levels where I’m intending to take BUY orders :


N1: 1.2153
N2: 1.2142
N3: 1.2128


In green arrows on the graphic :

eurusd27012021.png
 

Hi3rophante

Member
75 4
GBPUSD - 27/01/2021

Current possible intraday trend : DOWN

With that in mind, here are the levels where I'm intending to take BUY orders :

N1: 1.3725
N2: 1.3708
N3: 1.3682

In green arrows on the graphic :

gbpusd27012021.png

*************

USDJPY - 27/01/2021

Current possible intraday trend : UP

With that in mind, here are the levels where I'm intending to take SELL orders :

N1: 103.79
N2: 103.90
N3: 104.03

In red arrows on the graphic :

usdjpy27012021.png

************
USDCAD - 27/01/2021

Current possible intraday trend : UP

With that in mind, here are the levels where I'm intending to take SELL orders :

N1: 1.2735
N2: 1.2761
N3: 1.2791

In red arrows on the graphic :

usdcad27012021.png

*************
USDCHF - 27/01/2021

Current possible intraday trend : UP

With that in mind, here are the levels where I'm intending to take SELL orders :

N1: 0.8873
N2: 0.8882
N3: 0.8895

In red arrows on the graphic :
usdchf27012021.png
 

Hi3rophante

Member
75 4
Hello everyone,

Here are the levels for today 28/01/2021

GBPUSD

Possible intraday trend : DOWN

With that in mind, I will take BUY orders at these levels :

N1: 1.3650
N2: 1.3626
N3: 1.3610

See green arrows in the following graph :

gbpusd28012021.png


******
AUDUSD


Possible intraday trend : DOWN

With that in mind, I will take BUY orders at these levels :

N1: 0.7622
N2: 0.7597
N3: 0.7563

See green arrows in the following graph :

audusd28012021.png


******
USDCAD

Possible intraday trend : UP

With that in mind, I will take SELL orders at these levels :

N1: 1.2850
N2: 1.2891
N3: 1.2937

See red arrows in the following graph :

usdcad28012021.png


******
USDCHF


Possible intraday trend : UP

With that in mind, I will take SELL orders at these levels :

N1: 0.8909
N2: 0.8925
N3: 0.8944

See red arrows in the following graph :

usdchf28012021.png


Note that I still have my EURUSD and USDJPY positions from yesterday.

If the price touches my 0 fibo level, I say that market is making a reversal and I need to update the fibo levels in the opposite side.
 

Hi3rophante

Member
75 4
Good morning everyone,

All yesterday trades have been closed with more or less profits, which is a good think ; it remains me only a USDJPY block of positions, which I'm planning to close today, if the market allows it.

That being said, here are the levels for today :

EURUSD

Possible current intraday trend : DOWN

In that context, I'm looking for BUY orders at these levels :

N1: 1.2090
N2: 1.2069
N3: 1.2039

See green arrow in the following graph :

eurusd29012021.png


******
GBPUSD

Possible current intraday trend : DOWN

In that context, I'm looking for BUY orders at these levels :

N1: 1.3700
N2: 1.3683
N3: 1.3659

See green arrow in the following graph :

gbpusd29012021.png


******
AUDUSD

Possible current intraday trend : DOWN

In that context, I'm looking for BUY orders at these levels :

N1: 0.7634
N2: 0.7608
N3: 0.7579

See green arrow in the following graph :

audusd29012021.png


******
USDCAD

Possible current intraday trend : UP

In that context, I'm looking for SELL orders at these levels :

N1: 1.2891
N2: 1.2932
N3: 1.2979

See green arrow in the following graph :

usdcad29012021.png


******
USDCHF

Possible current intraday trend : UP

In that context, I'm looking for SELL orders at these levels :

N1: 0.8910
N2: 0.8933
N3: 0.8695

See green arrow in the following graph :

usdchf29012021.png
 
C

cantagril

0 0
USDCHF
Possible current intraday trend : UP
In that context, I'm looking for SELL orders at these levels :
N1: 0.8910
N2: 0.8933
N3: 0.8695 ... ?
Salut Hiéro!

Je te souhaite la bienvenue au sein de notre asile....et un grand bonjour, bien sûr.

Peut-être tu pourrais expliquer ton approche un peu plus profondément ....et même remplir un peu ton profil/About page.
Je suis fort curieux :)
 
Last edited by a moderator:

Hi3rophante

Member
75 4
Salut et merci pour ton message !

Je vais essayer de détailler un peu plus mon approche dans les prochains posts... Et mon profil aussi (peut-être lol).
 

Hi3rophante

Member
75 4
Hello everyone,

Last friday, some pairs have changed intraday trend regarding the system rules ; when that occurs, I draw new Fibonacci levels in the direction of the new trend ; I didn't have time to post updates last time, but I will try to post the updates next time they occur.

Reminder : in that system, when price touches Fibo level ZERO, we say that the intraday current trend has changed.

Here are the levels for today 01/02/2021 :

EURUSD

Intraday possible current trend : UP

In that context, I'm looking for SELL orders at the following levels :

N1: 1.2137
N2: 1.2148
N3: 1.2163

See red arrows in the following graph :

eurusd01022021.png


********
GBPUSD

Intraday possible current trend : UP

In that context, I'm looking for SELL orders at the following levels :

N1: 1.3738
N2: 1.3761
N3: 1.3788

See red arrows in the following graph :

gbpusd01022021.png


********
AUDUSD

Intraday possible current trend : UP

In that context, I'm looking for SELL orders at the following levels :

N1: 0.7670
N2: 0.7705
N3: 0.7744

See red arrows in the following graph :

audusd01022021.png


********
USDCAD

Intraday possible current trend : DOWN

In that context, I'm looking for BUY orders at the following levels :

N1: 1.2761
N2: 1.2726
N3: 1.2676

See green arrows in the following graph :

usdcad01022021.png


********
USDCHF

Intraday possible current trend : UP

In that context, I'm looking for SELL orders at the following levels :

N1: 0.8916
N2: 0.8928
N3: 0.8942

See red arrows in the following graph :

usdchf01022021.png
 
C

cantagril

0 0
Bonjour,

Just curious:
1) Do you determine your TPs* before entry? If so, are they also based on fibs
2) As the 2 & 3 fib levels are frequently some way from the current price, do you only look for reversals?


* A propos, est-que l'on emploie "Prendre Profit" ces jours-ci? J'ai l'impression que le monde financier est devenu complètement anglicisé....
 

Hi3rophante

Member
75 4
Yes TPs are determined before entry and yes I use also Fibo for them ; you are quite smart my friend.
And yes I am looking for reversal at any of these levels ; we could say that I am a countertrend trader.

Sinon en français je dis "prise de profit" pour take profit et "prise de profit partiel" pour partial take profit si je veux vraiment être pointilleux sur la langue française, sinon effectivement j'utilise le plus souvent les mots anglais même quand le parle français lol
 
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Hi3rophante

Member
75 4
EURUSD update


New current intraday trend : DOWN

In that context, I'm looking for BUY orders at the following levels :

N1: 1.2120
N2: 1.2110
N3: 1.2095

See red arrows in the following graph :

eurusd01022021update.png
 

Hi3rophante

Member
75 4
Hello everyone,

Here are the Fibonacci levels I'm watching for today 02/02/2021 :

GBPUSD

Intraday possible trend : UP

In that context, I'm looking for SELL orders at these levels :

N1: 1.3695
N2: 1.3720
N3: 1.3755

See red arrows :

gbpusd02012021.png


*********
AUDUSD

Intraday possible trend : UP

In that context, I'm looking for SELL orders at these levels :

N1: 0.7674
N2: 0.7705
N3: 0.7741

See red arrows :

audusd02012021.png


*********
USDCAD

Intraday possible trend : DOWN

In that context, I'm looking for BUY orders at these levels :

N1: 1.2811
N2: 1.2786
N3: 1.2758

See green arrows :

usdcad02012021.png
 

Hi3rophante

Member
75 4
AUDUSD UPDATE

New intraday trend : DOWN

In that context, I'm looking for BUY orders at these levels :

N1: 0.7615
N2: 0.7587
N3: 0.7541

See green arrows on the graph :
audusd02022021update.png
 
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Reactions: cantagril
 
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