GBP/USD Planetary Degree Days

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The following chart displays important degree days for the GBP/USD. I only tracked the days which fall at every 30 degrees heliocentric longitude. For a planet like Mercury which moves fast, its 30 degree interval days will occur more often than other planets further away from the Sun.

It can be argued that since important degree days for Saturn, Jupiter, and Mars occur less often, thier occurrence will mark very important turning points. Confluence dates occur when several planets arrive at important longitude degrees within several days of each other. Perhaps being aware of major confluence dates was the goal of WD Gann since he mentioned that he kept 360 degree calenders for all the planets.

It is visible that the accuracy of planetary degrees as indicators of turning points is mixed. Many of the degree days did infact mark major turning points, while others were ignored or occurred several days late/early. In any case, being aware of these dates can assist the Elliott Wave trader because we could look for "Wave Termination" around these dates. Also, if you use Oscillators; degrees days could give you an indication of when to initiate on the Sell or Buy signal generated.

I have noted the degree interval on significant turning points. The only bearish pattern I can discern is that major highs occur at 210 and 240 Degrees. The bullish pattern would indicate that significant lows can be expected at 120 and 300 degrees.