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Chapter 10, Part I. Mysterious Fibonacci. Page 3 of 6

Discussion in 'Complete Trading Education- Forex Military School' started by Sive Morten, Dec 15, 2013.

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  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Pipruit: It sounds more interesting, that I’ve assumed. And why is it so big deal with all these numbers? Why do they work?​
    Commander in Pips: 1.618 ratio calls as “Divine proportion” or “Golden mean”. Because of this number describes almost any natural proportion in universe and great wonders of human being. For instance, The Great Pyramid in Giza is structured with this proportion. Other examples include works of great artists, such as Leonardo da Vinci, Rembrandt and others. You can meet this ratio in nature with numerous cases – in flowers (sunflower, roses, daisies), seashells, pineapples, and even in human faces and body. Say, measure the distance from your elbow to the tips of your fingers, then between your fingertip to your wrist and finally, from wrist to elbow – you will get 1.618 ratio:

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    (Elbow-Fingertip)/ (Elbow - Wrist) = (Elbow - Wrist)/ (Wrist-Fingertip) = ~1.618
     
    fran alvarez likes this.
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