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RO
roofer
Rep: 3,689
Posts: 3,574
everything was in place... BUT WHERE'S THE FIB!!!???...A NUMBER I HAVE SEEN NOWHERE ELSE IN THE WRITTEN WORK OF FIB AUTHORS..... 1.902

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JI
jimkane
Rep: 3,058
Posts: 33,089
You're welcome. Beautiful setup and trade, roofer.

Here's a fun one for you math geeks like me. I found a way to derive that 1.902 directly from the .685, and visa versa. So, knowing one produces the other. I wonder how many people know that, or can do the derivation. It can also be geometrically shown with retracement brackets and such. So, when I finally figured out a way to derive the .685 from Phi, and the 1.902 from Phi, it would only make sense, then, that one could be derived directly from the other, but I only recently worked that out. And some argue my work is not original...
JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, that same trade on the ES was what I called my 'suicide trade' in my post in the ES section this AM. It sure was a nice one.
RO
roofer
Rep: 3,689
Posts: 3,574
i want to be clear about something.i believe the geometry that is in the market always has been and will be...but i strongly believe jim kane's work is the definitive work on fibonacci and that any attempts to lessen his contribution are misdirected.
MR
mreiserer
Rep: 110
Posts: 2,220
yes, we're all lucky to be here in the presence of Jim's fantastic work.