Written by:
Patrick Mikula CTA
Mikula Forecasting Company
www.MikulaForecasting.com
support@MikulaForecasting.com
Copyright © 2008 by Patrick Mikula All Rights Reserved.
Here is a simple example showing the ability of W.D. Gann’s Square of 9. This example will show the method described in chapter 3 of our book “The Definitive Guide to Forecasting Using W.D.Gann’s Square of Nine”. The chart below shows the Soybean contract for November 2008. I have started the Square of Nine on the cycle low on the first trading day of April 2008. The zero line seen on the chart below at the price 1060 represents the zero degree angle on the Square of 9 overlay. I have added the 90 degree increments which represent the price levels where the soybean price has moved around the face of the Square of 9, in 90 degree increments.
Notice the top “B” has occurred right on the second +90 degree line. This means the price moved a full +360 degrees around the Square of 9, and then moved 90 degrees more. The top +90 line where the top was made is at the price 1630. Next I expect the price to decline to the previous top at “A”. I would round this forecast to the closest Square of 9 line. So my forecast for the current decline would be down to the +180 degree line at the price 1270. This is labeled “X”.
Square of 9 Chapter 3
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