The Importance of the number "3"

Discussion in 'Technical Analysis' started by golablue, Mar 22, 2006.

  1. duard

    duard

    I third that.
     
    #11     Mar 22, 2006
  2. segv

    segv

    Lol
     
    #12     Mar 22, 2006
  3. triple witching...
     
    #13     Mar 22, 2006
  4. three line break
     
    #14     Mar 22, 2006
  5. Well there might be something to it, apart from blue suede shoes.

    Looking at it from a fractal perspective, 2 data points is useless. That gives you a straight line, under any circumstances.
    3 points is the minimum to construct a triangle, the most basic geometric shape, the most basic construct of comparison.

    They dont use two data points for triangulation in navigation, for example.
     
    #15     Mar 22, 2006
  6. Maverick74

    Maverick74

    Don't forget threesomes!
     
    #16     Mar 22, 2006
  7. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1017373>
     
    #17     Mar 22, 2006
  8. ==========
    Good points;
    20 can help with a trend also.

    Most of smaller fibo number come up/down more than random.:cool:
     
    #18     Mar 23, 2006
  9. Here's to living single, seeing double, and sleeping triple!:D :D
     
    #20     Mar 23, 2006