MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 26 4:00 PM EST

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To: HairBall who wrote (57697)	8/3/2000 11:01:47 AM
From: flatsville	Read Replies (1) of 99985

LG-- Gann Angles easy peasy. Little plastic right angle even I can wield. Here's my problem: They are constructed by choosing an important top and bottom. An imaginary vertical line is drawn connecting the top and bottom, and three retracement points of 38.2%, 50%, and 61.8% are marked on the line. (OK...I'm with you so far...<ggg>) Trendlines (the fibo fan lines?) are then drawn from the first extreme point intersecting all retracement marks. I can't even imagine what this looks like. Would you be willing to put a Fibo Fan chart on your site (at your convenience) so I could eyeball it? Thanks,

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