Fib basically useless to detect emini intraday trend

Discussion in 'Technical Analysis' started by increasenow, Oct 12, 2007.

  1. it seems as if the fib retracements are basically useless to detect an intraday emini's get your % values and what if it never "retraces" but only trends higher or lower...totally worthless...OR...please help me understand what part of the "fib emini" equation I might be missing in that fact...does identify a trend for the eminis...
  2. .
  3. Surdo