Fibonacci levels for intraday trading

[Hierophante]

Hello everyone,

Here are some Fibonacci extensions I'm watching for today :

Current intraday trend likely : UP

N1: 1.4121
N2: 1.4133
N3: 1.4153

See arrows on the chart :

********
GBPJPY

Current intraday trend likely : DOWN

N1: 153.89
N2: 153.68
N3: 153.33

See arrows on the chart :

 

[Hierophante]

Hello everyone,

Here are some of the Fibonacci levels I'm going to use today :

GBPJPY

Current intraday trend likely : DOWN

N1: 153.98
N2: 153.88
N3: 153.71

See arrows on the chart :

*********
EURGBP

Current intraday trend likely : UP

N1: 0.8615
N2: 0.8627
N3: 0.8643

See arrows on the chart :

 

[Hierophante]

Good morning everyone,

These are some of the Fibonacci extensions I'm going to use today :

EURUSD

Current intraday trend likely : UP

N1: 1.2264
N2: 1.2278
N3: 1.2297

See chart :

*********
GBPUSD

Current intraday trend likely : UP

N1: 1.4164
N2: 1.4177
N3: 1.4193

See chart :

 

[Hierophante]

Good morning all,

Here are some of the Fibonacci extensions I'm going to trade today :

GBPJPY

Current intraday trend likely : DOWN

N1: 153.89
N2: 153.72
N3: 153.49

See chart :

*********
EURGBP

Current intraday trend likely : UP

N1: 0.8641
N2: 0.8648
N3: 0.8658

See chart :

 

[Hierophante]

Hello everyone,

Here are some Fibonacci levels I'm going to use today :

EURUSD

Current intraday trend likely : UP

N1: 1.2171
N2: 1.2178
N3: 1.2189

See chart :

*********
GBPAUD

Current intraday trend likely : UP

N1: 1.8294
N2: 1.8324
N3: 1.8373

See chart :

 

[Nealeliff]

I follow USD/CAD and it has been a profitable pair for me too.

 

[Hierophante]

Hello all,

Here some of the Fibonacci extensions I'm going to trade today :

EURUSD

Current intraday trend likely: DOWN

N1: 1.2178
N2: 1.2170
N3: 1.2161

See arrow on the chart below :

********
GBPUSD

Current intraday trend likely: DOWN

N1: 1.4154
N2: 1.4138
N3: 1.4119

See arrow on the chart below :

 

[Hierophante]

Hello everyone,

Here are some Fibo levels I'm going to trade today :

EURUSD

Current intraday trend likely : DOWN

N1: 1.2166
N2: 1.2159
N3: 1.2151

See arrows on the chart below :

********
GBPUSD

Current intraday trend likely : UP

N1: 1.4125
N2: 1.4134
N3: 1.4144

See arrows on the chart below :

 

[Hierophante]

Hello everyone,

Here are some of the Fibonacci extensions I'm going to use for trading today :

EURUSD

Current intraday trend likely : UP

N1: 1.2200
N2: 1.2221
N3: 1.2245

See arrows on the chart :

*********
GBPUSD

Current intraday trend likely : UP

N1: 1.4177
N2: 1.4191
N3: 1.4214

See arrows on the chart :

 

[johnnyrock]

I've seen only a few entries on ET about Fibonacci... like most traders don't know about it or believe it. (Have even heard the view that Fibonacci is bogus or garbage. If you hear that, don't believe it.)

Understanding Fibs is more valuable than one might imagine.

FWIW...

Have you checked out http://traders.blogspot.com

I know the charts are old, but he uses fun extensions to play gaps on heavy volume. He uses the swing low to the top of the first impulse in the direction not the gap, waits for a pullback to 38/52/68 and uses the 1.38 as the target. It's a great archive and it's free.