At the core of esoteric mathematics lies the concept of "phi", also called the Golden Mean.
Look at the following diagram of a line segment. There is one unique point along this segment where the ratio of A to B is the same as the ratio of B to C. At this unique point, the ratio of A to B and B to C is 1.618.
"phi" forms the basis for many dimensional proportions in art and architecture, for many phenomenon in science and for observations across the financial markets.
If you have ever applied Elliott Wave principles or Fibonacci retracements to your study of stock charts, you have been using the concept of "phi".
At InvestingSuccess, I seek to use phi to look for beauty and harmony in stock patterns and then combine this harmony with the patterns of lunar and planatary Astrology.
Esoteric charting can allow a trader or investor to examine price action in a very different light. To chart in this manner, you will need some graph paper which you can get at your local Staples, Office Max or Office Depot.
On the graph paper, draw a box that is 52 squares wide and a 40 to 50 squares high. The box you draw does NOT have to be exactly, precisley square.
Next, following the example you see below, you will add a variety of lines.
Next you will obtain WEEKLY high, low, close data for the stock or commodity future you are interested in. The starting point for your data should be the week of the Spring Equinox.
Next you will plot the weekly data on your graph.
Once you have plotted some data, stop and observe the harmony and beauty of it all. Notice how price action finds support and resistance along the various lines that criss-cross the graph. Notice also how the solstice and equinox dates also quite often align to interesting inflection points in price.
This charting method was used extensively by WD Gann as he traded his way to success on the markets in the 1920s and 1930s.