I posted this in a different thread, but it seems appropriate in this post as well:
If you really wanna wet your noodle, try taking square roots of fibs and plotting those ratios. All of a sudden a whole new series of numbers emerges. Some of which are even more powerful than the first.
Or doubling up the fib numbers. 1,3,5,8,13,21,34,55 now become 2,6,10,16,26,42,68,110.
As far as plotting the high/low, I've come to the conclusion that while you can arbitrarily apply fib ratios to any range and have harmonic proportion there is a grander scheme at work and grander cycles that aren't arbitrary. To quote Gann, "In order to forecast future cycles, the most important thing is to begin right, for if we have the right beginning, we will get the right ending. If we know the cause of the effect there can be no doubt about predicting future event or effect".
If you really wanna wet your noodle, try taking square roots of fibs and plotting those ratios. All of a sudden a whole new series of numbers emerges. Some of which are even more powerful than the first.
Or doubling up the fib numbers. 1,3,5,8,13,21,34,55 now become 2,6,10,16,26,42,68,110.
As far as plotting the high/low, I've come to the conclusion that while you can arbitrarily apply fib ratios to any range and have harmonic proportion there is a grander scheme at work and grander cycles that aren't arbitrary. To quote Gann, "In order to forecast future cycles, the most important thing is to begin right, for if we have the right beginning, we will get the right ending. If we know the cause of the effect there can be no doubt about predicting future event or effect".