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  1. Hierophante

    Fibonacci levels for intraday trading

    Hello everyone, Fibo levels are like everything (round numbers, trendlines etc...) : a lot of traders are looking at them, so they are areas where there should be enough movement to make a profit. But the more experience I gained in the past and the more accurate I found Fibo levels. For my...
  2. Hierophante

    Fibonacci levels for intraday trading

    No I took buy orders at N1 (1.3650) and N2 (1.3632)
  3. Hierophante

    Fibonacci levels for intraday trading

    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.
  4. Hierophante

    Fibonacci levels for intraday trading

    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...
  5. Hierophante

    Demo account or Micro ?

    Demo account has great value if you have a perfect discipline or for testing an EA (keeping in mind that in real condition (ie real account) things are always a little bit different).
  6. Hierophante

    Can I trade forex without leverage/margin?

    I cannot see the benefit of trading without leverage...
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