What I've found with Fib analysis is nobody really goes by actual Fib levels, and anything even remotely close is considered a hit. For example, at the 61.8% level, they will consider anything between 55% and 65% to be close enough (either a "pierce below" or a"pierce above" or some other terminology). The next higher level encompasses anything between 65% and 80%, and so on. So ANY retracement (or move up) hits a Fib level, no matter what. Or if it's directly between two of the levels, it's considered a mid point Fib move. (In other words, when it's not a hit at all, it's still a perfect hit.) Any time I've seen anyone do analysis on actual Fib levels being hit (more than statistically expected), they find nothing. If you know of anything that shows it works (other than people who use it claiming so) I'd be interested! So far I've asked many to show me something (to explain why they put so much stock in the theory), without results. But hey, if it works for you, it works for you!

The right donut flour is probably a combination of 2 or more flours and/or starches. I just need to figure out which! I have about 10 in the cupboard at the moment and a few more available at the shop. I'm Canadian, we're supposed to be famous for donuts (Tim Horton's for example)... maybe the recipe is in my DNA?