January 17, 2009
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[...] by Richard U. Olson The mathematician Fibonacci or Leonardo of Pisa in 1202 first published his Fibonacci sequence. In order to calculate the number of pairs of rabbits he would have at the end of a year based on their behavior of breeding, Fibonacci developed this famous sequence of numbers. Forex traders find this type of no-nonsense approach very profitable. While many think of the Fibonacci sequence as a mathematical abstraction, it is grounded in a real world application. The Fibonacci se More: Fibonacci Golden Ratio Work In Forex Trading [...]
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