Gann Analysis

Very pretty in the Old country

I still go back to two-dimensional graph with probabilities. I have changed things slightly.

"TABLE 1 may only be used in the context of the Square in Time. To use TABLE 1, set the price-time action into the appropriate Murrey Math Square in Time. Once the Square in Time has been defined, changes in price are expressed in 1/8′ths of the square’s height. Changes in time are expressed in 1/8′ths of the square’s time width. One can then look at the most recent price movement within the square as M/8′ths of price over N/8′ths of time (the table is the same for price increases and price decreases). The entry in the M’th row and N’th column specify the probability that the price movement will reverse itself."

This is the new two-dimensional graph of probabilities. Only the nearest movements.
The probability of peak over 2385 is 25.8%. But probability of bottom under the 2324 is 54.6%.
100 - (25.8 + 54.6) = 100 to 80.4 = 19.6% to no change in the daily bar.

SQ9

This chart can provide additional options.



For example: Why 2329 is so strongly supported?

So that means we're about to expect 2100 or 2080 in a couple of days with a 54% probability..?

godim, great job..

We are moving in a spiral. You can not skip levels.
And the probabilities for tomorrow will be different.

By the way today for 1.2100 probability was 6.1% and for 1.2085 - 3.9%

For tomorrow, new calculations.

I see.. I'm still in the learning process.. confused what's what..
squares, grid, converting degrees to SnR..

I also saw kambooj looking at a 2100 or below by Aug 22..

GBP/USD Daily.

My work with the model of Gann for the third quarter started as a joke. I have repeatedly said that I do not use templates. But ... But the market did so to deepen deeper, and more and more. Now to me is very interesting, where the market will take me?
The actual graphic of the model.



After a few moments and probabilities.

Hey G im wondering if can be worked for the 1h or 4h, seems could produce more actual probability hits on the angles, while still maintaining the actual reversal day points ???

1

4h prospect points of demand near term

Holding month res area still on the LT angles
supply seems waning a bit doesnt it

I'm sure you guys are going to jump all over me, but I'm curious to what some Gann traders have to say about this short article. If WD Gann's own son, who was involved in the markets, didn't use any of his father's work and said it was just a bunch of b.s., well....that says a lot to me. Plus, if Gann was such an awesome trader who could basically pick every top and bottom to the tee, why wasn't he one of the wealthiest men alive? His son said there wasn't much of an inheritance so that pretty much throws the theory that Gann was hiding his money out the window. You guys spend so much time and effort learning about Gann, and I respect your work ethic, but doesn't this make you wonder a little? Here's the little piece.

"W.D. Gann was a "legendary" stock and commodities trader from the 1920s and beyond. His methods are shrouded in mystery and mysticism, and a lot of controversy surrounds his name. His followers claim he died with hundreds of millions of dollars, and adjusted for inflation he was perhaps the most successful stock trader of all time.

His own son, John Gann was a stockbroker in New York, had no use whatsoever for his father's methods, and told anyone who asked that his father was a swindler and a fraud who made his money by charging thousands of dollars for trading seminars, and that rather than hundreds of millions his family was left with a modest inheritance. Gann followers counter by talking of W.D. Gann's choleric personality, womanising and a family feud (wow, I sure hope a Gann follower never tries to defend my memory some day!), they say Gann's family would tell malicious lies about him and try to discredit his techniques, since he was obviously such a horrid man. At any rate Gann's family never made it into any rich lists if they did receive a huge fortune and all of his trading material sat around collecting dust for a very long time, Gann's family were glad to get rid of it when someone came along and asked to take it.
Alexander Elder, in his book Trading for a Living, has this to say about Gann:

"Various opportunists sell "Gann courses" and "Gann Software." They claim that Gann was one of the best traders who ever lived, that he left a $50 million estate, and so on. I interviewed W.D. Gann's son, an analyst for a Boston bank. He told me that his famous father could not support his family by trading but earned his living by writing and selling instructional courses. When W.D. Gann died in the 1950s, his estate, including his house, was valued at slightly over $100,000. The "legend" of W.D. Gann, the giant of trading, is perpetuated by those who sell courses and other paraphernalia to gullible customers."

(Ok, some books say John was a New York broker, Elder says he was an analyst in a Boston bank. Maybe he was both, at different times, don't ask me!)
At heart, Gann's advanced methods are essentially numerology. Numbers drawn around a "magic square" and various geometrical lines drawn on charts called "Gann Fans" which are drawn at numerologically important angles, cycles, "Gann numbers", astrology, biblical predictions and even the Great Pyramid of Cheops are part of his wide variety of techniques.
Many of these techniques originally worked with little gadgets that mechanically calculated these "important" numbers. Little wheels and puzzles, you would dial up the present market levels in it and the pointer would show the various Gann numbers as output. To the best of my knowledge this represents the first historically documented case of a professional trading guru marketing a dodgy black box trading package. The workings of these devices was obvious enough, you would turn the dial and there is the answer, however how Gann never came up with any sort of evidence as to how he found his algorithms, he seems to be the L. Ron Hubbard of futures trading, presenting his "research" as a fait accompli and never subjecting it to any form of scrutiny.
In true Gann tradition, even today his methods are intentionally kept secret. In order to learn the methods you have to pay a lot of money, $1,000 books, $10,000 courses and camps, various shonky gurus and black box systems that probably have nothing at all to do with Gann use the name just to excite people. If you search the Internet you can find a vast trove of Gann info, much of it sceptical. Although now out of print, available from only one company who sells a variety of Gann materials for grossly inflated prices ($2000!!!!! For a book reprint???), to my surprise the Gann book "How to Make Profits in Commodities" somehow made it into my local public library. It is a long and confusing book, tedious and hard to read. Much of the good stuff is already common knowledge, perhaps he should be attributed with much of the basic knowledge, perhaps he just ripped off other trading methods and confused things by inventing little puzzle-like methods for pushing numbers around. For the more advanced forecasting techniques though, I am not so sure...
Weird capitalisations seem to be a Gann signature, words regularly appear in ALL CAPS to emphasise how important they are. (If you've ever read any of Gann's books you'll know his most enduring contribution was his pioneering work on the formatting of text, a style that has been widely copied by get-rich-quick spammers everywhere.) He spends an enormous amount of time reminiscing about his past forecasting successes (the words "which I predicted" are common). Gann may or may not be the worst example of such writing, but I get the impression every time you read one of his books that he is trying hard to impress on you what a genius he is, which is consistent with my theory that he's just trying to market himself and flog more seminars.
After several years of studying these methods to find out if there is anything much in them, I am convinced that there isn't. From searching the Internet, to conversations with Gann traders, all I have seen are confusing little tricks that lead to a chart covered in lines which go in every direction. Some of the lines correspond to trend changes, most don't. The lines that work are usually redrawn in bold ink and circled in red when the methods are demonstrated, but no explanation is given for the ones in feint ink which don't show anything of consequence. If you draw enough lines some of them will intersect at "important" places, so as far as I can tell Gann methods merely work by throwing out a thousand numbers and leaving it to you to guess which ones matter. I wouldn't even bother talking about Gann except that in Australia a company that advertises very widely sells this material starting from $995 for the first course, which contains a small book and some posters, through to "Trading Incubators" costing thousands. You have probably seen their ads in the newspaper, I get asked about them all the time. I have seen most of the material offered, and what works is generic trading info that was mixed up with the Gann. A simple Gann charting technique which is moderately useful is taught and then you have to spend big bucks to get the rest. As the tapes and pamphlets they send out boast endlessly about the forecasting methods these guys teach, but the first course doesn't teach you anything about forecasting, the whole thing reeks of a bait and switch scam. I don't recommend it."

simple zappa ever heard of debunking something, why would they publicly say it works. And i believe Gann was basically asked to stop and code his work as was All the great philosophers of history's past.
The almanac been in existence forever, Mayan and beyond. Clearly they were WAY more intelligent than we humans of this day and time of illusion.
The influence of the solar system upon the psyche of humanity is a given as the same to earth magnetic grids, why would this phenomena not affect everything upon earth.
BUT life's to live our own way none the less.

Thanks, Orion. Listen, I love conspiracy theories as much as the next guy, but what about his son? He's apparently no world-class trader, just a regular guy from what I've read. You'd think he of all people would know a thing or two about his father's work and how to use it. WHether someone asked Gann to code his work is pure speculation. If it was that deep a secret why the hell was it published in the first place??? OR, maybe it is confusing so that when you fail at it, as I'm sure many of his followers did back in the day, all Gann had to say was they were doing it wrong and didn't fully grasp it.

As far as earth's magnetic fields and the influence of the solar system, I don't see why these phenomena would apply to EVERYTHING. If I drink a gallon of water, pretty soon I'm going to have to take a piss. I'm not going to have to take a piss because of any magnetic field, I'm going to have to take a piss because there's a bunch of fluid running through my body.

Just because he was his son does not give him the rights to the consciousness behind the craft.
Some ppl are seers and MOST all are not.
The subtleties of the energies working on the subconscious of humanity are not felt by all, only a spiritual awakening within opens theses avenues of awareness.
Noone shall steal the heavens again ENOCH sealed the consciousness doors from the thieves long ago. SOUL development is the only key to unlocking any of the secrets and mysteries beyond the veil.

Is the world the same since the times of Gann. Is fundamental economics workings? Europe and US printing money beyond reasonable boundaries of logic. The money supply is so distorted. There are lots of money sloshing around but in a few big hands. Morbidly distorting the economic system. So fundamentals already dont work and yet people questioning about Gann.

As most people are confined to the narrow views of the five senses, it is good. We can't have the world with everyone in congruence with the views or else there wont be people on the other side of the trade.

OK, but if his son didn't understand it, then why would he try to cover it up? If he did understand it, why wouldn't he use it? If he did use it (secretly), why was he not filthy rich? Was was his father not even filthy rich?