Fibonacci Daily Chart

hi, i am using fibonacci 1 day chart to gauge my buy/sell for intraday(15 mins to an hour) trading? am i doing correct??

thanks!

Krafty,
Please chart that up and let see how it looks like

hi grix,

i am referring to an example, no specific chart…so how do i gauge…? based on 1 day or 4 hour to get precise entry and selling point. cheers!

Should be ok for short term intra-day trading!