The Fibonacci Review this week we look at AMP for another fabulous example of Natures code at work.

This chart has a fabulous example of the Fibonacci ratios creating support and resistance, this week we see an example of a several Fibonacci support and resistance levels.

The Fibonacci series of numbers is otherwise known as the Law of Three or the Golden Ratio. These numbers and ratios show the use of mathematics and is found in all and every type of phenomena. It is not surprising then to find the Fibonacci series at work in our fast paced electronic markets, and the trader who looks for and uses these numbers will have a clear and distinct advantage in trading.

The purpose of these reports is to highlight current and modern examples of the Fibonacci series at work in our fast paced electronic world. What never ceases to amaze me is that these Fibonacci ratios and numbers abound prolifically in almost every market. And very often to, so often that if you explore the Fibonacci series with the eclectic work of W.D.Gann I am sure the frequency and the potency of this trading technique will amaze you.

The video explains it all in plain simple detail; I hope you find this as amazing and extraordinary just as I did.

Of course, if you have any questions please feel free to comment in the boxes below this article and I will try to reply as soon as I can.

Best wishes to all,
Alan Oliver.

2 thoughts on “The Fibonacci Review 20170303

  1. Andrew says:

    Great video! I had forgotten all about ‘straightforward’ Fibonacci-number counts between bars, and don’t think I’ve seen it applied to weekly bars before.

    I had heard you mention the number 144 in one of your more recent videos, and how Gann valued this number. When I heard you say that, I immediately thought: “Aha! That’s probably because 144(.6) days is the average heliocentric Mercury-Venus synodic cycle period…” And when I saw your “Count 89” script, I thought, “Mmm, that’s very close to Mercury’s sidereal orbital period (in days)!”

    I wonder whether these particular Fib numbers come up on daily charts because of these planetary cycle periods? Then I noticed that the next Fib number (233), if in calendar days, happens to be bang in the middle of two close-in-length planetary cycles: specifically (i) the avg heliocentric Venus-Jupiter synodic cycle period (= 237 d), and (ii) the avg heliocentric Venus-Saturn synodic cycle period (= 229.5 d). !!! (The average of these two = 233.25 !)

    Something to think about (for me at least), as I’m part way into the journey of discovering how Gann applied solar-system cycles to the charts.

  2. Andrew says:

    Addendum:
    And of course, the average heliocentric Earth-Saturn synodic cycle period = 378 days,… which is just one away from the Fib number 377 !!!
    (Why didn’t I notice this until today??!)
    To borrow your own words above, “…if you explore the Fibonacci series with the eclectic work of W.D.Gann, I am sure … this trading technique will amaze you.”

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