Quote:
Originally Posted by Blaiserboy
I took a daily chart of GBPJPY and listed each of the retracement ratios appearing on it.... to get an idea as to which ratios were prominent.
I did not combine these, just listed them as they appeared.....
Of course a few of them can be combined, I wanted to just give an idea as to the count. and point out that the ratio percentages on one instrument would not apply to another instrument. each has its own unique patterns.
Interesting that .707 is more popular than .786 as is .841
.5 1
.618 5
.66 1
.707 6
.786 2
.841 5
.90 6
.92 2
1.00 9
1.06 1
1.07 1
1.128 1
1.272 1
1.414 1
1.5 2
1.618 3
1.81 1
1.89 1
1.93 1
2.00 1
2.17 1
2.69 1
2.55 1
2.77 1
3.74 1
3.82 4
3.83 1
3.84 1
4.48 1
4.5 4
5.0 1
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The numbers between the Fibs happen with frequency- 4.5 (between .382 an d .50), 1.00- (between 1.27 and .618)
