Lesson 1 of 4
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What (and who) is Fibonacci (10 mins)

Phillip Konchar

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0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377…. to infinity

Fibonacci

Fibonacci is a numbering sequence which can be found all around us in nature, architecture, the human body and financial trading. This sequence of numbers has been found and lost again in many ancient cultures, however, it was Leonardo Pisano Bigollo, an Italian mathematician know by the nickname Fibonacci, that rediscovered it around the 12th century AD.

The Fibonacci number sequence is found by adding the previous number to the current one, for example, 0+1=1, 1+1=2, 1+2=3, 2+3=5, 3+5=8, 5+8=13 and so on to infinity. The Fibonacci sequence produces the golden number or phi which is 1.618. Phi is the ratio used to get from one number to the next. For example, 144 x 1.618 = 233 and then 233 x 1.618 = 377.

We see phi all around us. 1.618 is sometimes described as God’s number or the number of beauty. Just slide through the images below and you’ll start seeing it everywhere.

Fibonacci also has its role in trading. Let’s look at that next.

 

Key Learning Points
  • The Fibonacci sequence is 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377…. to infinity.
  • The golden number, also known as phi, is 1.618, this is the ratio from one number to the next.
  • The Fibonacci numbering sequences and ratios are all around us in nature, architecture and the human body.
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