Trading Talk

Daily Fibonacci Levels

Hi Traders,

In today’s episode of Trading Talk, we delve into a potent trading approach utilising Fibonacci Levels.

Our focus is on a daily Fibonacci strategy shared by one of our clients.

We’ll examine the identification of daily candles forming higher highs and the subsequent retracements to Fibonacci levels based on the current daily candle.

The strategy centers on entering at the 61.8% level, with a stop loss set at 20% and a take profit aimed at four times the stop loss.

Despite the perceived complexity of Fibonacci levels, we’ll simplify them into actionable steps, ensuring you grasp how to implement this strategy effectively in your own trading endeavours.

Why wait? Get started today.  Sign up for an account today with the Trade View Forex broker www.tradeview.tech and start creating your own automation.

Latest Episodes

Live Algo Trading Room | Trading Talk Episode 403

This episode is different from a standard Trading Talk format. Instead of market commentary alone, you’ll see how real algorithmic trading portfolios are built, managed, and adjusted in real time as market conditions evolve. Every decision is explained live, offering a transparent look at professional systematic trading workflows.

Read More »
16 January 2026

Entry Signal Strength – Pt 9

we continue our Finding Winning Signals series with Version 9, building directly on the work from last week. We add a third signal taken from earlier Trading Talk sessions.

Read More »
19 December 2025

Entry Signal Strength – Pt 8

we continue our Finding Winning Signals series with Version 8, building on the time-based work from last week. We dig deeper into the most profitable trading brackets, running optimisations to refine the strongest 2-hour and multi-hour windows, and adding new results to our growing database of winning signals.

Read More »
12 December 2025