Do Fibonacci Numbers and The Golden Ratio Make Bigger Forex Profits?
The Fibonacci number sequence and golden ratio is found throughout nature. The Fibonacci sequence was discovered by Leonardo Fibonacci in 1202, and the Fibonacci number sequence is based around the following equation: How many pairs of rabbits can be generated from one single pair, if every month each pair produces a new pair, which, from the second month, starts producing more rabbits? The Fibonacci number sequence and golden ratio was used to answer the above question and produced a number sequence that has importance throughout the natural world. After the first few numbers of the sequence, the ratio of any number in relation to the next higher number is approximately .618, and the lower number is 1.618. These two figures represent the golden mean, or the golden ratio. There are numerous examples of the Golden Ratio throughout the natural world: Sunflowers, which have opposing spirals of seeds, have a 1.618 ratio between the diameters of each rotation. In a beehive, divide the numbe