Do you see the pattern? Each number in the series after the first two numbers is the sum of the preceding two numbers. So 55 is just the sum of 34 and 21, and so on. You can carry the sequence on for ...
In my last post, I described a possible trading scheme in the AUS/USD using Elliott wave and Fibonacci tools. I hope you found some great examples of Fibonacci retracements in your charts. Let's get ...
A Fibonacci sequence goes like this: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55 and 89. Each successive number is the sum of the two preceding numbers. So 1+1 =2 and 1+2=3 and 2+3=5. The scales on a pinecone, ...
Fundamental investors often talk about “value levels” and “well-valued stocks”, but when it comes to determining at what price to buy a stock, there is often little agreement on when a stock is really ...
Trying variants of a simple mathematical rule that yields interesting results can lead to additional discoveries and curiosities. The numbers 1, 1, 2, 3, 5, 8, 13, 21, 34, and 55 belong to a famous ...