Q: When using fibonacci on the intraday charts is it superior to take the first swing low/high of the day rather than re-drawing the fibs and trying to enter perhaps late?

A: Guilt-ridden but the Fibonacci retracement don't work that well in intraday charts. If you want to use them on the intraday charts, you can select them between the first low and the high of the day, but those aren't great supports. Try to draw for example