Fibonacci levels for intraday trading

[Hierophante]

That being say, 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 :

********
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 :

********
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 :

********
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 :

********
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 :

 

[Hierophante]

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 :

 

[Hierophante]

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 :

*********
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 :

*********
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 :

 

[Hierophante]

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 :

 

[Hierophante]

Good morning everyone,

Here are the fibo levels I'm watching for today 03/02/2021

GBPUSD

Intraday probable trend : UP

In that context, I will take SELL orders at these levels :

N1: 1.3683
N2: 1.3700
N3: 1.3728

See red arrows on the following chart :

********
USDCAD

Intraday probable trend : DOWN

In that context, I will take BUY orders at these levels :

N1: 1.2762
N2: 1.2749
N3: 1.2733

See red arrows on the following chart :

 

[easymon1]

How's your luck running?

 

[Hierophante]

GBPUSD & USDCAD update

GBPUSD

Intraday probable trend : DOWN

In that context, I will take BUY orders at these levels :

N1: 1.3655
N2: 1.3648
N3: 1.3610

See green arrows on the following chart :

********
USDCAD

Intraday probable trend : UP

In that context, I will take SELL orders at these levels :

N1: 1.3655
N2: 1.3648
N3: 1.3610

See red arrows on the following chart :

 

[Hierophante]

How's your luck running?

I try to not rely on luck

 

[easymon1]

I try to not rely on luck

I heard that, brother! lol

How many of the 3 levels offer overall positive expectancy if you were to hazard a speculation, not to be construed as a recommendation in any way shape or form, not trading advice, and no touch backs? lol

 

[Hierophante]

I find that these levels are working very well, as most of the time the price reaches them every day, but unfortunately I don't have any numbers to take this information as a fact.
Also, not only these levels act like magnets most of the time, they also act as reversal points most of the time too.
So the whole story is telling that there is room for taking a profit here, provided you have a good money management. That's what I am trying to do. If I manage to build a good track record for a few months I will post it, so we can discuss about the numbers.