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Don't understand your point Dimitris and you appear not to understand
mine.
The fibonacci ratio is constant whether it's Fibonacci numbers, Lucas
numbers, or pineapple numbers.
What is not constant is that Forex bar counts use Lucas numbers not
Fibonacci numbers. For 'all' other financial instruments bar counts
use Fibonacci numbers not Lucas numbers.
If you prefer: when counting the bars of financial instruments it
will be found that counts equal the Fibonacci ratio series numbers,
whereas counts of Forex instruments reveals that it is the Lucas
fibonacci ratio series numbers that appear, not Fibonacci numbers.
1 1 2 3 5 8 13 21 34 55 and so on — Fibonacci
1 3 4 7 11 18 29 47 and so on — Lucas
21 x 1.618 = 33.978 Fibonacci 18 x 1.618 = 29.124 Lucas
Hope that's clear. Wallace.
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