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Calculating Fibonacci Retracements"Fibonacci numbers are based...

  1. Hangseng
    13,363 Posts.
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    31/05/08
    14:52
    Post #: 3795943
    Calculating Fibonacci Retracements
    "Fibonacci numbers are based upon the Fibonacci sequence discovered by Leonardo de Fibonacci de Pisa (b.1170- - d.1240). Although the numeric series was devised as the solution to a problem about rabbits, the concept generally relates to all natural cycles of growth and decline."

    I don't bother and just use incredible charts auto function. Maths geeks may enjoy it though :)
    SDL Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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