re: fibonacci theory ... astrostuff Hi folks,
Interesting thread you have started here.
Fibonacci is really a johnny-come-lately when it comes
to number sequences and the golden section, in
particular ..... in fact, Pythagoras knew about such
numbers, around 600 BC.
There's more than one such sequence of numbers,
but the golden section (1.618/.618) is the best
known to modern generations.
It is reflected in nature right around the globe, but
the first instance was probably at the time our solar system was created.
Specifically, the direct relationship between the
Earth and the movement of Venus, our closest
neighbour towards the Sun.
Here's the proof :
Earth moves 360 degrees in one year
Venus moves approximately 583 degrees in one year
Venus/Earth = 583/360 = 1.619
=====
Gann found for trading purposes, the numbers
55, 144 and 233 in the Fibo sequence, to be the most important.
In fact, in 360 degrees, there's 19 numbers that
made up Gann's trading cycles, which he took
directly from the bible .....
Believe it or not. :)
All of the above can be proven, beyond doubt,
using tetragrams, simple mathematics and some
geometry.
have a great weekend all
yogi
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