How You Can Identify Turning Points Using Fibonacci 1-01

Welcome everyone to Elliott wave internationals course webinar how you can identify
turning points using Fibonacci this is part one of a two-part webinar course part one is
called understanding Fibonacci mathematics and its connection to the wave principle
my name is Wayne Gorman and I will be your instructor throughout this entire course on
the first tell you briefly about my background I have over 25 years of experience in
treating forecasting and portfolio management of both ads Citibank in New York and
Westpac banking Corp. in New York I'd been using the wave principle since 1986 also
keep in mind that you have access to the Q&A for and so even after the session is over
tonight if you should think of something tomorrow or the Girdwood the next day a you
can send your questions and to the Q&A form and I'll answer them as soon as possible
in tonight's of part one these are the topics that were going to cover a we will talk about
the Golden ratio is represented by the Greek letter phi in the golden spiral we look at
examples of the golden ratio in nature human biology and human decision-making and
then I'll show how the golden ratio is connected to wave principle look at Fibonacci
ratios and multiples will talk about the golden section and then we'll get into more detail
about how we use Fibonacci ratios and multiples and forecast and will look at amplitude
relationships or in other words price relationships in terms of retracements that's
corrective waves look at multiples for impulse weighs in corrective waves will talk about
Fibonacci dividers time relationships and Fibonacci clusters at the end of the session I
will summarize the key points of a will summarize all the key points of the webinar