Board Type
Posts Today
Posts Last 30 Days
IMAKEMONEY (Robert W May) sent this to us SEGA people by email this weekend. I don't know if anyone is interested in this sort of thing but it sure is interesting to me. Fibonacci "Golden Ratio" of 1.6180339887498949 (FIBO) What are Fibonacci ratios ("Fibos")? The Fibonacci golden ratio is based upon simple numerology. Take any two numbers, e.g., 0 & 1, and add them together. Next, take the sum and add it to the larger of the two numbers, i.e., 1 + 1 = 2. Now add the new sum to the old sum, i.e., 2 + 1 = 3. As you continue doing this you'll get a numerical series like the following: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34... The further out you go in the series, the closer the ratio of two consecutive numbers comes to 1.6180339887498949 (or, if you take the ratio of a number to the next higher number, 0.618...). On a final note, if you create a new series based upon the exponential values of the golden ratio, i.e., 1.618034 to the X power, you'll get a new Fibonacci series in which each number is the sum of the two previous numbers, e.g., 1.618 to the -1 plus 1.618 to the 0 equals 0.618 + 1.00 = 1.618, and 1.618 is 1.618 to the 1st power. Now, if you take the time span between the June 1992 alignment/peak and the current possible alignment/peak and multiply it by 1.618... (which is also 2.618, or 1.618 to the 2nd power, times the length of time between the January 1994 alignment/peak and the current possible alignment peak), then you get the time span from the 1991 alignment/price-low and today. If you keep doing this to the time periods between each of the alignment/Elliott Wave stock market turning points above, all the way to multiplying the time span between now and Jan. 1994 by 1.618 to the 6th power to find the time span from the 1962 peak to the present, then you uncover the code of Elliott Waves and historical cycles. The correlation found by comparing the lengths of time between the key planetary alignment/stock market turning points noted above with exact Fibonacci relationships is over 99.9 percent. Found in Nature: Now, to understand why this is so, you might note that the time span of plantery orbits in our solar system (i.e., the time it takes for each planet to make one complete revolution around the sun), are related by Fibonacci relationships. Specifically, given that the Earth takes one year to orbit the sun, the time that it takes Venus to orbit the sun is 1.618 to the -1 years. The time it takes Mercury to orbit the sun is approximately 1.618 to the -3 years. Mars is roughly 1.618 years, the asteroid belt is roughly 1.618 to the 3rd years, Jupiter is approximately 1.618 to the 5th years, so on and so forth (note that Pluto does not fit). ------- The Spiral Calendar is a twist on Fibonacci analysis of markets. Rather than attempt to pick turning points based on retracement ratios of trend distance in points, it attempts to pick turning dates by applying a derivative of the Fibonacci series to a calendar of Carolan's creation. The idea is that there is a Fibonacci "resonance" (my word) that extends outward from a given major market event in a spiral. Every so often, the spiral intersects with calendar time, producing (or merely documenting -- I'm not a mystic, so how would I know?) a harmonic event in the market again. In his book, Carolan shows as one of his examples that the 1929 crash in the stock market had a harmonic resonance that occurred within a couple of days of the October 1987 drop. Interesting, huh? So, to apply this as a trading system, one takes dates in the past and looks for coincidences of harmonics in the future. To construct a list of target dates, one identifies major high and low peaks in the past; the more you have, the more future turning points you will generate. You then create a spreadsheet (yes, really, it works best in a spreadsheet and not Tradestation) that has your list of past turning points in the first column, and then a series of calculated date projections into the future from each of those original dates. Still with me? Well, get the book... You then look through the enormous array of dates that you've generated for dates that match each other, given a few simple rules that Carolan supplies. I wrote some macro tools to do this automatically and generate a nice list of date clusters, which made the whole process a lot less painful. These clusters of matching dates then identify your future turning point predictions. Does it work? Actually, it does, but with one major flaw. After you get a big enough set of major past turning points, you generate a vast array of future clusters. MORE: ------- LINKS: Elliott Wave Charts (w/Fibos): MarketSwing Discussion:
PlusOneCoin Top Posts Free PlusOneCoin
No plusone'd posts yet. Be the first!
Post Subject
#41 Great board! Thank you! ED25 03/27/2021 05:37:13 PM
#40 Fibonacci Gold NYBob 04/08/2011 09:31:51 PM
#39 Long-term Silver investors should be unconcerned - NYBob 11/18/2006 05:16:30 PM
#38 Here's her info ImakeMONEY 08/22/2005 05:31:18 PM
#37 here you go: ImakeMONEY 11/24/2004 02:14:46 AM
#36 apparantly nobody else follows the fibo system of investing ImakeMONEY 11/21/2004 04:18:23 AM
#35 2 hours left in the MDC, lucky I nightstocker 01/31/2003 10:02:20 PM
#34 here's a link that has the guys info nightstocker 01/30/2003 12:54:29 PM
#33 This is amazing stuff if your into mathematics. nightstocker 01/30/2003 12:51:19 PM
#32 Fibonacci's Mathematical Books nightstocker 01/30/2003 12:50:28 PM
#31 The Fibonacci Series nightstocker 01/30/2003 12:50:08 PM
#30 "Algorithm" nightstocker 01/30/2003 12:49:39 PM
#29 The Decimal Positional System nightstocker 01/30/2003 12:49:05 PM
#28 Roman Numerals nightstocker 01/30/2003 12:48:42 PM
#27 Fibonacci's Mathematical Contributions nightstocker 01/30/2003 12:47:49 PM
#26 Fibonacci He called himself Fibonacci [pronounced fib-on-arch-ee or fee-bur-nutch-ee] nightstocker 01/30/2003 12:47:00 PM
#25 Who was Fibonacci? nightstocker 01/30/2003 12:46:28 PM
#24 This link is great! nightstocker 01/09/2003 09:40:47 PM
#23 Here's some fibo analysis: nightstocker 01/09/2003 09:39:41 PM
#22 I'm now in the money at 10th and nightstocker 01/09/2003 04:52:18 PM
#21 I am now in 11th and moving up nightstocker 01/09/2003 12:53:28 PM
#20 I joined the membership thing tonight and am nightstocker 01/09/2003 02:49:53 AM
#19 Barb did. nightstocker 01/05/2003 04:14:23 PM
#18 did I pay for that upgrade? ImakeMONEY 01/03/2003 04:40:08 AM
#17 Look even Matt is thinking in Fibo's nightstocker 01/03/2003 04:26:30 AM
#16 how do I use 1.618 to help my trading? MechanicalMethod 01/03/2003 01:46:40 AM
#15 Me too. I even won some sort nightstocker 01/02/2003 01:00:54 PM
#14 Glad to see you sobered up <g>. timhyma 01/02/2003 09:00:20 AM
#13 I am 1.618 X more powerful now that nightstocker 01/02/2003 01:00:55 AM
#12 Also I note that it is only $130 nightstocker 01/01/2003 03:48:39 PM
#11 I'll take the Lifetime hold the mayo, extra nightstocker 01/01/2003 03:46:04 PM
#10 Well buck up buddy ha ha ha. nightstocker 01/01/2003 03:37:45 PM
#9 If he's a good boy and gives me ImakeMONEY 12/31/2002 03:19:12 PM
#8 True, I was grandfathered in (member since 2000), timhyma 12/31/2002 01:07:00 PM
#7 Yes I am going to upgrade ha ha nightstocker 12/31/2002 12:57:12 PM
#6 Happy new year to you also. Heck, spend timhyma 12/31/2002 12:55:24 PM
#5 Once again.... Happy New Year!!!!! nightstocker 12/31/2002 12:51:37 PM
#4 Just trying to support the local boys ha nightstocker 12/31/2002 12:50:30 PM
#3 Hey thanks for the publicity JR. ImakeMONEY 12/31/2002 11:30:57 AM
#2 Cool new thread! MechanicalMethod 12/31/2002 01:28:32 AM
#1 Interesting, Thanks for the lesson. timhyma 12/30/2002 07:10:54 PM
Post Subject