First time poster here. A search for "chaos" on the internet brought me here to some of the threads on ET. I was encouraged by some of the discussion both for and against the idea that chaos or random movements rule the market. I've been intrigued with this idea so I decided to begin doing some hard practical research and study. What I decided to do was plot a random logistic map on my charting package against a chart for the GBPUSD. The logistic map equation I use is ... x[n+1] = r * x[n] * (1-x[n]) I plot this along a chart using only a beginning price to put me in the ballpark of my chart. I have two inputs that I must choose, they are "r" and my initial "x[n]" Initially my goal is not to find some sort of indicator for the market but determine if chaos is a reasonable approach to study the markets. What I found was very encouraging. I found perfect fibonacci retracements and extensions. Trendlines, support and resistance, gann fans that worked, patterns like head and shoulders, elliot waves and everthing else that traders use to study the market. I am encouraged by this first part of my study and feel it warrants further study. I ask for any opinions.