WD Gann used to put out forecasts every year and they were usually spot on. I read somewhere that his technique was to just go back x amount of years and put up the actual chart lines from previous years. So I just tried it out with GBPUSD daily data. I went back 5 years to 2002, 10 years to 1997, and 20 years to 1987 and plotted them out in Excel.
Pretty interesting results. 2002 and 1997 were a little early on the high compared to 2007 and the recent drop. 1987 was a tad late and inverted, but the magnitude is definitely there.
Here is a link to his 1929 forecast: http://mysite.verizon.net/bonniehill/pics.aux/gann/Forecast1929.jpg
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