There is no 50% in the Fibonacci sequence
Jan 23, 2013 at 07:28
859 Angesehen
3 Replies
Mitglied seit Feb 18, 2010
86 Posts
Jan 23, 2013 at 07:28
When will dumbo 'teachers' and experts finally learn that there is no 50% in the number sequence that Fibonacci copied and published?
FTR it was Gann who harped the 50%, and also the 100/8 or eights in percentages long before the Fibo people were born.
Carry on.
FTR it was Gann who harped the 50%, and also the 100/8 or eights in percentages long before the Fibo people were born.
Carry on.
forex_trader_43716
Mitglied seit Aug 06, 2011
345 Posts
Feb 03, 2013 at 21:22
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forex_trader_101400
Mitglied seit Dec 01, 2012
65 Posts
Feb 04, 2013 at 04:20
fibo sequence 1, 2, 3, 5, 8 etc
ratio betwenn prev and next 0.5, 0.67, 0.6, 0.625
got 50% on first 2 sequence. BUT you are right about Gann.
ratio betwenn prev and next 0.5, 0.67, 0.6, 0.625
got 50% on first 2 sequence. BUT you are right about Gann.
Mitglied seit Jan 09, 2012
262 Posts
Mar 05, 2013 at 02:30
(bearbeitet Mar 05, 2013 at 02:32)
mikeyap9 posted:
fibo sequence 1, 2, 3, 5, 8 etc
ratio betwenn prev and next 0.5, 0.67, 0.6, 0.625
got 50% on first 2 sequence. BUT you are right about Gann.
If you want to find Fibonacci retracement, use the higher fibonacci number, you'll find the retracement and there is no 50% on the calculation, here's the example of calculation I do on spreadsheet :
https://gyazo.com/76c791badfc2e06c6bc943a69559f9d2
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