Fibonacci, Fractals and Financial Markets - Socionomics.net Video

http://www.elliottwave.com/wave/FibonacciTube
What's commonly called the Fibonacci sequence is proven to exist by way of fractals in everything from human and plant DNA to the world's financial markets. Popular television shows, such as CBS's Numbers, regularly highlight the usefulness of the Fibonacci sequence. Fibonacci even played a star role in Dan Brown's mega worldwide bestselling book, The Da Vinci Code, and later the film by the same name. There's no question that Fibonacci numbers are all around us. But, why should you care?
New research by the award-winning Socionomics Institute suggests that Fibonacci might affect the way people think, the way individuals act in a crowd and even the way investors make financial decisions -- all are tied to the Fibonacci sequence. Several terms spawn from Fibonacci and what others call the Golden Ratio, including Spiral, Fractal, Herding, Golden Section, Golden Mean, Golden Number, Divine Ratio, Phi and more. However, there is only one one-stop-shop for everything Fibonacci, including the autonomous biography of the man that introduced Fibonacci to the Western world, Leonard of Pisa and the New Mathematics of the Middle Ages, otherwise known as Leonardo Fibonacci. This video is an excerpt from the Socionomic Institute's FREE online documentary History's Hidden Engine, which introduces the new science of Socionomics and the importance of Fibonacci in our everyday lives. If you'd like to watch the entire documentary or learn more about Fibonacci and the new science of Socionomics, check out additional resources at http://www.elliottwave.com/wave/FibonacciTube .

DATA,? DATA, DATA! ...
DATA,? DATA, DATA! This is a great video. Thanks

@aluisious they are ...
@aluisious they are silly 3% of traders ALWAYS make money in the market they dont tell you all the secrets as it dosen't matter? because even with a hammer if you dont have the muscles to lift it it's useless so is the mind and scarced geomerty. but it does work ALWAYS!

you can use it ...
you can use it better to make a trading system or plan weather you make a profit or loss thus invest or gamble:? £10 £20 £30 £50 £80 or £10G £20G £30G £50G if your on a loosing end you can see how to measure your losses

don't work eh? DOW ...
don't work eh? DOW JONES since the heady days of late 2007 draw a fib retracement from Oct 2007 high to Feb 09 low........watch? the five wave Elliot wave rally (actually a bear retrace) to 11.254 that happens to be very close to Fib level 0.618 of 11234. Not bad for quasi religious horse s**t!!! if the DOW rallies back up to 11234 then breaks higher these recent choppy (since May 2010) trade will break lower forming bigger wave 3........ EWI give anyone free educational material!

The market is a ...
The market is a random walk. Everthing is 50:50 in a perfect market.? All this chartist BS is just that.

Too much picking? ...
Too much picking? and choosing.

leonardo fibonacci ...
leonardo fibonacci didn't dis-cover anything he learned that mathematical process from? my ancestors and that will be the MOORS I.S.L.A.M.

couldn't agree more ...
couldn't agree more.?

Many people think ...
Many people think the way you do, and don't? even believe in chart patterns. This serves to confirm the validity in my mind of technical analysis and the wave principle. In my opinion The fact that Prechter and EWI have so many critics is the biggest contrarian indicator ever.

You have some very ...
You have some very good questions that indeed many? people have (expressing doubt and looking at Elliott Wave cynically). You are correct in saying that empirical evidence alone does not prove something. However, the evidence is overwhelming. about your second question, yes, wave 5's or 3's can extend, but we can project price targets based on Fibonacci ratios to price and time. In response to your 3rd question, Elliott Wave Principle is not a crystal ball. it provides a market roadmap

My subscription to ...
My subscription to the Elliott Wave Theorist is the best investment? I've ever made. I couldn't imagine going even a few months without it. The wave principle is not always accurate in the short run in every market. The long term forecasts are invaluable.

awesome!? thanks
awesome!? thanks

Perhaps the ...
Perhaps the etymology of the word comes to confuse us. Chaos is a greek word, actually is the beginning of the world in greek mythology. In the beggining was Chaos. We imagined this as an endless darkness and void. In modern greek chaos means a mess. If you break all things in your room, you create a chaos in your room, everything turn to a mess. If you re try and? fix the situation you return the order in the room. So, you spend energy both to break things and to fix them back.

Very interesting ...
Very interesting video? !

Very good video! ...
Very good video! In my video The Paradox of Schrodingers Cat an artist view it is Time that is the Hidden Variable. Time has symmetry and geometry that can? explain the paradoxes of Quantum Physics. Could an understanding of the time continuum give us a greater understanding of fractals?

It is true,? that ...
It is true,? that so long as we react 4rm our emotional nature, these patterns (Eliot & Mandlebrot) will persist, regardless of knowledge of them. However knowledge and willingness of a few to act on that knowledge in a stock room of an emotionally blind majority can lends an upper hand. Once enough begin 2 play that game, the whole table is flipped. At which point, those responding mentally become a new element n the market. The whole fractal pattern changes to a new level of development

There is chaos. But ...
There is chaos. But the chaos is ordered, i.e. Entropy. Where systems of any kind get too rigid? to flux with the rest of nature in harmony, chaos is wrought to break down the unfit and make room for new order. Whatever the pattern, remember not to stray 2 far into materialism, for these patterns do undoubtedly arise from the very principles upon which the physical manifests from the void of pure potential. That in mind, these principles are understood to be universal and metaphysical in nature

There are no ...
There are no efficient markets. Markets are reflexive. A change in price effects the fundamentals more than fundamentals drive price. People always buy stocks not on the basis of what their worth but because they think they're going up then sell frantically when the exit door is jammed and everyone wants out. Telling a stampeding herd? of emotionally driven people trying to get rich about technical patterns won't change their behavior. True to nature, they act in Elliott patterns.

Bonjour à tous les ...
Bonjour à tous les élèves de l'ULg qui doivent regarder cette vidéo pour leur? cours d'anglais ... :)

"In efficient ...
"In efficient markets, knowledge of the Elliott wave principle among investors would lead to the disappearance of the very patterns? they tried to anticipate, rendering the method, and all forms of technical analysis, useless." from Wikipedia entry on Elliot Wave financial technical analysis theory.

Touche. Fitting ...
Touche. Fitting patterns after the fact does not validate a predictive theory. The most unpredictable wrench to progress is true war (e.g. WWII). When that comes, does the Fibonacci sequence break down? Maybe the Fibonacci sequence is a? subset of some yet unknown set and on and on...

I would tend to ...
I would tend to agree that there isn't chaos, simply that we haven't examined, explored, or completed our? understanding of the known universe and all that occupy it at all scales of existence. However that does not mean there is any "grand scheme" to life or "intelligent design" governing those functions.

Wow!?
Wow!?

although i agree ...
although i agree with your postulate that chaos, by definition, cannot be quantified, there is a certain order and pattern which may govern certain phenomenon within this reality. I fell that ,without the study? of apparent randomness, there would be no internal combustion engine and no microwave. As far as creating something from nothing goes, we have just created a dialogue which was forged from that great nothing, and i am glad to participate. -Cheers! -JB

Nice video! It ...
Nice video! It works great in nature, but? humans and economics just don't seem to follow the rule, sorry!

There's nothing ...
There's nothing mystical about a total balance in rhythm, amount and measurement of "living" things throughout the known universe. The Golden Section IS mathematical, nothing more. It is MATHEMATICALLY the ONLY way to have something divide and grow itself from generation to generation whilst? remaining in proportion.

I was told that ...
I was told that even the Penis lenth increases? in Fibonacci proportion when erect.

... quite ...
... quite remarkable. To find patterns in utter chaos or? to create something from nothing. I've found that science these days is handicapped by questions like "what does it mean". How can you say that we live in a chaotic universe and then ask what it means? If the universe seems chaotic then you aren't seeing the order yet. Our perception is very limited. I would say that it all means that there is a strange sort of order to things that is difficult to understand. Manipulated or not.

It's interesting ...
It's interesting how people say things like "human brain just finds patterns in chaos when it looks for them" and then just move on like that means the patterns don't exist. Also- doesn't that make you think about what type of influence the human mind can have on what it perceives? You can take it as "we? just make something out of nothing all the time" or "we alter the chaotic nature of things looking at them with intent and desire" or many other things. Just these two examples are still...