Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
Tikanman
-
Content Count
5 -
Joined
-
Last visited
Posts posted by Tikanman
-
-
Hi,In this article we will discuss about one of the many methods of analysis William Gann used. He revealed some of his methods to be used by those patient and wise enough to study and understand them.
We will present you William Gann’s Square of Nine: idea of conception, special properties and the characteristics for bull and bear market. We will then find some specific and less known geometrical and mathematical proportions between the numbers in the square. We will then look on the charts for the numbers in the square. We will discover that between a High and a Low there is a specific ratio. This ratio has an explanation and we will find its origin and use. We will end with having a powerful tool that gives us clear targets for the trend to reach.
Check it out at http://bit.ly/bvLBym
Hope it will be useful for someone…
gann square of 9 is alot more than what that article shows.
in fact, the square of 9 needs to be changed according to the market you are trading.
its pointless to show past events as "amazing". the real thing is forecasting the future.
but ultimately - as gann points out - Time is the most important factor. so price can go up and down , hit the angle , cross it, cross back, but only time will change the trend.
-
Now that we both agree - we can conquer the world !
or at least some financial markets
-
Emotion - its not only that gann was a time believer - he also lookd at the connection between price and time combined.
as a person who is now 2 years into researching gann material ,
there are at least two myths i can break
the first one is gann Angles. which are a part of his "standard" trading courses and do not offer anything new or projected to the future.
the second one is the use of astrology as a factor in market analysis. i think gann used astrology as a way to divert people from his true system, which was based only on price movement.
-
hi. time is not only an important factor, it is "THE MOST IMPORTANT FACTOR".
the meaning is - that the price axis can flactuate alot, but when the time is up - the cycle is finished.
A Discussion of Gann
in Technical Analysis
Posted
you are absolutly right - those who want to sell you something - beWARE!
but ultimately , as a gann trader, i can say with confidence after a long research - his methods are very hard to understand at first - but after a while - everything becomes clearer,
and trading becomes easier and much more profitable.