Hey JackFlash...
I think the fib sequence goes...
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, etc...
1. So to derive a fib level i take a number from the sequece and divide by the next number above it...
2. 1/1 = 100% (as in a retrace to the exact starting point is a full fib retrace)
3. 1/2...