They do not represent actual account results nor include the entirety of all predictions we make. Pretty good:)ĭISCLAIMER: The examples above are given as demonstrations of technical analysis and are therefore hypothetical and not actual trades. Interestingly enough, another notable technical analyst, named R.N Elliott, also lived around the same time, and was busy with his own intensive research in the market, which later came to be known as the Elliott Wave Theory. The previous 10-year cycle and 20-year cycle have the most effect in the future, but in completing a forecast, it is best to have 30-years past record to check out, as. The Gann theory is based on the work of W.D Gann who was a financial trader that lived from 1878-1955. Again, the arrows are drawn before the trading day and forecast turn times. Gann wrote: I have stated before that the future is but a repetition of the past therefore, to make up a forecast of the future, you must refer to the previous cycles. The next chart below is a 2 minute chart of the stock BABA for December 1st. The first chart blow is a 2 minute chart of the ES futures for December 1st. The different color arrows denote what kind of turn. The arrows are drawn in advance of the trading day and predict the turn times. GANN: MAGIC IN THE MARKETS” Course, and past students will know this as “Plan B.” This can be done every day Combined with other Gann methods as confirmations, its actually pretty easy to pick the turn times in a day down to the minute. The arrows are the predicted turn times from one of our favorite Gann methods: something we call “directions.” This technique is taught in our “ W. Below are 2 examples from today, December 1st. This also applies to Gann’s forecasting and prediction of turn times. Gann operate magnificently on an intraday basis.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |