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Happy Fibonacci Day!

Discussion in 'Market News' started by ForexLive, Nov 23, 2015.

  1. ForexLive

    ForexLive Forum Member

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    All banks and markets remain open Today is a big day for traders around the world! It is Fibonacci Day! Why is it Fibonacci Day? Well if you are from a country that uses the MM/DD format, 11/23 are of4 digits in the Fibonacci Sequence. A Fibonacci sequence is a series of numbers where a number is the sum of the two numbers before it. For example: 1, 1, 2, 3...is a Fibonacci sequence. Here, 2 is the sum of the two numbers before it (1+1). Similarly, 3 is the sum of the two numbers before it (1+2).

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