W.D. Gann Line Trading>>Square of 9
I know people use trading days of 261 (5/7 x 365.25) as the circle size, if you are one of these followers, let me know how does it perform? Anyway I just keep it simple and only use 365.25 as the circle size. Since I don't use the time aspect of the gann wheel any more, so I don't look at the Mar 21 - 0° and 360° aspect. You can use square of 9 time and price division from lows and highs, however I only use square of 9 price divisions and mainly the 90° level. After many trials, most of the others are just producing too many probabilities and tends to be unreliable. However it is all up to you to further study and explore further. The division line is not linear due to the market price varies more in higher price level. Gann use the gann wheel to forecast the expansion between the corner prices as market price move out from the center. This is an Australian commonwealth bank chart, at 90 degree level; 30.27, it give some good resistance. All Ordinary index XAO works pretty well with square of 9 on 180° aspect. This is an interesting letter writtten by W.D. Gann in 1952 to prospect his client to sell his master calculator. Perhaps he need some money for another wife?
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