Robert24

EURUSD FIB SPEED FANS OVER GANN'S 45 (1 TO 1)

FX:EURUSD   Euro / U.S. Dollar
103 0 4
I should have checked first. I thought the Gann square set the 45 degree angle according to how much price should = how much time. It doesn't. When you first lay out the Gann square it always shows 45's at a right angle. Now zoom and watch the 45's become more like 30's or 60's. Now grab another Gann square from the tool box and lay it out. It will just draw 45's at right angles to each other. The first Gann square and the 2nd Gann square 45's will not be pointing at the same angle at all. This means using the Gann square to know which angle is a correct 45 is hopeless.
So this idea is also wrong.
I used the square with the fans to overlay my fib speed fans on top of the Gann 1 to 1 (45 degree) angle. Both fans have that angle so I used it as a reference angle. My spreads are 7.5 degrees. See if this works better. The Gann squares arcs change shape and become elliptical with zoom changes but the 45 degree angle keeps it's point. The Gann squares acts like the Fib circles, where the arcs of the circle keep their positioning with points. THE GANN SQUARES DO NOT CHOOSE THE CORRECT 45's AUTOMATICALLY.
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