Fibonacci levels for intraday trading

Discussion in 'Technical Analysis' started by Hierophante, Jan 26, 2021.

  1. Good morning all,

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

    GBPUSD

    Current intraday trend likely : UP

    N1: 1.3772
    N2: 1.3789
    N3: 1.3811

    See the following chart :

    [​IMG]

    *********
    GBPAUD

    Current intraday trend likely : DOWN

    N1: 1.7962
    N2: 1.7933
    N3: 1.7886

    See the following chart :

    [​IMG]
     
    #131     Apr 14, 2021
  2. Hello all,

    Here are the Fibonacci levels under surveillance today :

    GBPUSD

    Current intraday trend likely : DOWN

    N1: 1.3769
    N2: 1.3753
    N3: 1.3728

    See the following chart :

    [​IMG]

    ********
    GBPJPY

    Current intraday trend likely : DOWN

    N1: 149.97
    N2: 149.85
    N3: 149.65

    See the following chart :

    [​IMG]
     
    #132     Apr 15, 2021
  3. maxinger

    maxinger

    There is no mention of the performance of those fibo things.


    Other than only posting hundreds of charts with fibo things,
    you also need to review your result.
    you also need to review your own performance.


    What is the success rate?
    How is the reward : risk ratio?
    Does it help you to be profitable full-time fibo intraday traders?
    Will it help readers to be full-time fibo intraday traders?
     
    #133     Apr 15, 2021
  4. Work in progress. By the way, considering the fact that there are unlimited price points from which to trace your Fibo levels, I think I add value by posting the way I'm doing it. Some Fibo guys doing it another way might find usefull to have some other Fibo strategies to compare. And some non-fibo guys could perceive the edge provided by Fibo levels, provided that they dig a little deeper than just noticing some beautiful colorful charts.
     
    #134     Apr 15, 2021
    SunTrader likes this.
  5. Good morning everyone,

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

    GBPUSD

    Current intraday trend likely : DOWN

    N1: 1.3760
    N2: 1.3744
    N3: 1.3721

    See the following chart :

    [​IMG]

    ********
    GBPJPY

    Current intraday trend likely : UP

    N1: 149.91
    N2: 150.07
    N3: 150.33

    See the following chart :

    [​IMG]
     
    #135     Apr 16, 2021
  6. %%
    Good points.
    Linear r channels[ twin sloping auto drawn lines] have called some tops + bottoms/some intraday.
    But on a good trending ETF, when the market ignores those LR lines for month, months, months,more months, turns out LRC is NOT so much of a predictor/ LOL.
    Then there is stuff like Guppy multiple ma+ put enough lines on any chart/may hit/profit something
     
    #136     Apr 16, 2021
  7. Turveyd

    Turveyd

    Yep all line up perfectly after the fact, at the time ofcourse will it line up, won't it, that's the trap, make it look easy in history to keep you playing, but live just lose lose lose lose!! :(
     
    #137     Apr 16, 2021
  8. Good morning everyone,

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

    EURGBP

    Current intraday trend likely : DOWN

    N1: 0.8642
    N2: 0.8629
    N3: 0.8612

    See the following chart :

    [​IMG]
     
    #138     Apr 19, 2021
  9. Hello everyone,

    Here are the Fibonacci levels for today intraday trading :

    GBPAUD

    Current intraday trend likely : DOWN

    N1: 1.7928
    N2: 1.7873
    N3: 1.7809

    See the following chart :

    [​IMG]

    *********
    EURGBP

    Current intraday trend likely : UP

    N1: 0.8620
    N2: 0.8631
    N3: 0.8647

    See the following chart :

    [​IMG]
     
    #139     Apr 20, 2021
  10. Hello everyone,

    Here are the Fibonacci retracement levels for today :

    GBPAUD

    Current intraday trend likely : UP

    N1: 1.8065
    N2: 1.8105
    N3: 1.8159

    See arrows on the following chart :

    [​IMG]

    *********
    EURGBP

    Current intraday trend likely : UP

    N1: 0.8641
    N2: 0.8650
    N3: 0.8663

    See arrows on the following chart :

    [​IMG]
     
    #140     Apr 21, 2021