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Re: fib retracements



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Hi, I've been trading this Sugar down trend for awhile. I have put 3
different Fibonacci extensions on this May Sugar chart I'm attaching in
hopes of saving 1000 words or so. So how could someone benefit? Beats me. It
takes awhile to get a handle on how to place these on charts. I look for
major pivots. Are they always perfect? No. Many other extensions are used
inc. 2.62, 3.0, 4.0, 4.23, 5.0, 6.0, 6.85...

Brent

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>How could anyone benifit from this approach?

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