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Re: trader53 post# 1201

Tuesday, 06/05/2012 11:50:13 AM

Tuesday, June 05, 2012 11:50:13 AM

Post# of 245792
GM Trader:

The following listed "Targets",
are calculated using the 38.2%, 50%, and 61.8%
"Fibonacci" retracement numbers.


This is a very interesting theory I am not familiar with. Do you have any quantitative evidence on the success rate of this "Fibonacci retracement" theory? It sure sounds interesting, but I am curious as to your empirical evidence on this point.

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