The question that comes to me is WHY would the ratio between two fluctuating numbers follow patterns when graphed out on a chart and overlaid with Fibonacci numbers? Do the people trading gold and silver keep dividing one by the other and then charting the resulting ratio against Fibonacci numbers, to determine their buying and selling patterns? I just can’t get my head around WHY this could work.
Thank you Derek for the video… Great work too! When this ratio does break it’s resistance at 53 it will be strait down to 25. Love you videos on the Fibonnaci! Keep them coming! Peace:
i honestly have no idea, this was uploaded by request.
The question that comes to me is WHY would the ratio between two fluctuating numbers follow patterns when graphed out on a chart and overlaid with Fibonacci numbers? Do the people trading gold and silver keep dividing one by the other and then charting the resulting ratio against Fibonacci numbers, to determine their buying and selling patterns? I just can’t get my head around WHY this could work.
Thank you Derek for the video… Great work too! When this ratio does break it’s resistance at 53 it will be strait down to 25. Love you videos on the Fibonnaci! Keep them coming! Peace:
hmmm…didn’t know you could backtest fibonacci. 😉
Music composers just add notes, and now we cha cha.
Good analysis of the silver to gold ratio. Thanks
Thanks man – I never understood how to use the fibonacci levels, but your presentation has really been enlightening.
Very good explanation. You are a bright man
…thanks.