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# Fibonacci Question

Discussion in 'Trading' started by PohPoh, Jun 11, 2008.

1. ### PohPoh

Common retrace or extentions are
50, 61.8, 100, 161.8, 423..
I remember also hearing that there are some other larger numbers like 685 and 1150 or something..

Can someone tell me where I can find this data and the explanation for it..

Thanks.

2. ### Rn86

Ratios most commonly used
.382, 50, .618, .786, 1.0, 1.272, 1.618, 2.618 and 4.236

Retracements .382, .50, 618 or .786
Extensions 1.272, 1.618, 2.618 and 4.236

3. ### PohPoh

Thanks..but what are the numbers after 4.236???
And is there a source where I can find out more?

4. ### Rn86

1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377... a numerical sequence of numbers. Each number is determined by the sum of the previous two numbers.

The relationship of this number sequence is the ratio of two successive numbers in the Fib. series - divide each number by the number after it in the sequence - you will move towards a particular constant value of 0.618034.

If you do the same calculation but skip over a number the result ratios approaches 0.38196. So, skipping the numbers by going in both directions you get infinitive number of Fibonacci ratios 0.24, 0.382, 0.618, 1.000, 1.618, 2.618, 4.236, 6.854, 11.090, 17.944.......

Fib. ext/projections used for projection EOWs. Im not familiar of practical using in trading applications numbers beyond 2.62/4.24

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