Welcome!

Welcome to trendlines!

Here I hope to share with you the power of trendlines. Group human behaviour may seem erratic on a short time frame, but exhibits patterns and relationships in medium and long term frames. One of the best demonstrations occur in the stock markets, and can be observed via trendlines and fibonacci relationships. You can google 'fibonacci' for more information about this amazing concept. If you could chart any mass human activity, chances are that trendlines exist.

One of the pioneers of the 'patterned human behavior' concept was R.N.Elliot, the father of Elliot Wave Theory. Numerous websites on this topic exist too, including one by modern day Elliot Wave Theorist, Robert Prechter.

You will notice the URL of this blog includes the number 618. It is part what is known as the Golden Ratio (a fibonacci ratio). In my subsequent posts, i will try and demonstrate its existence in real life charts.

Do feel free to suggest, comment or criticize!