Obviously there is a lot more to it than that. the secret is knowing when its going to work and when its not
Regards
Gary
MakeMoneyBettingDecember 19, 2011 at 7:33 pm | PermalinkReply
Really interesting! I’ve just read “The Search for Gann’s Master Time Factor” on Kindle which was mainly about time/timing etc – very interested in guidelines as to price movements.
I think the 1999 FTSE high was ~7000 and the 2003 low ~3500 (50%), 2007 high ~ 6700 and March 2009 low ~ 3500 (52%).
Gann quotes that history repeats. So the 1930 wall street crash can basically forecast that this current global financial crash in 2008 has some potential down side to it in the near future?
MrAndrewssaaDecember 19, 2011 at 8:19 pm | PermalinkReply
he made no money trading and had to sell courses to make a living as confirmed by his son guru and lost money dumb theory…
The only reason NO ONE has ever been able to replicate Gann’s supposed predictions is because Gann made more money MARKETING AND SELLING his work, than he made in actually trading and predicting. Gann is possibly the earliest and most successful marketer of financial systems ever, as people still spends money to try to find out his supposed secret.
streetpipsDecember 20, 2011 at 12:05 am | PermalinkReply
W.D. Gann was a genius, everything he was uncovering correlations to fibonacci levels, if you draw a fib on a major swing then inside each level and draw fib’s in the same direction price bounces off all those levels….plus 61.8 is in line for a sq rt number
spoonman73December 20, 2011 at 12:30 am | PermalinkReply
I understand where you are coming from as we are all on our own level as far as trading goes.. You must use what you have found to work for you. I still believe Fib has validity just like Gann. Some would argue that they work because they are similiar ratios. Especially Gann’s 1/8 levels. I have been backtesting your stuff and already have found several examples of 50%! The discovery is half of the fun and satisfaction. Lately been using square of high/low price to confirm. Keep videos coming!
Hi
Thanks for your feedback.
If you had sent this email in the 1980s then I would have agreed with you. However I now have far more experience.
I can show you examples of 0.618 working. The question is how long does it work for, if at all.
The way I use it now is like this:- If say an item has risen 50% from a low, I would be looking to short it. However if it has also retraced 0.618 then I would not short it.
Like the vid, love Gann. But I disagree with your last comment as stocks often turn on key fib levels. Esp. 1.618 extensions of their prior bases. Check out CLW for recent example. (high51.20-low37.35=13.85×1.618=22.41added back to low of base37.35+22.41=59.76 projected high. Actual high=59.90 =99.76%accuracy. Very common pattern. Prove it for yourself.Peace
You’re right its not new, Gann wrote about 50% in the early 1900′s.
Gann’s 50% level and a halfway retarcement between to points are two completely different things.
Gann’s 50% level has nothing what so ever to do with fibonacci (A very common mistake),.
Fibonacci might have something to do with rabbits reproducing but it has nothing to do with the stock market turning. It took me most of the 1980′s to realize that.
Regards
Gary
luckyload3rDecember 20, 2011 at 2:55 am | PermalinkReply
uhh the greatness of 50% level is not a new thing matey hence fibo…even tho 50 isnt a fibo number
I originally put some of these videos on you tube because a potential client had a mac and could not play them becuase he needed windows media player. so this seemed a way around it. So its really out of context from your point of view.
However; what percentage will work in the future is 50% dosen’t? I know you don’t know because I discovered it.
“im going it to keep it to myslf unless you become a client” – what rubbish mate
CrystalVision7December 20, 2011 at 3:39 am | PermalinkReply
I normally used Elliott Wave, Fibonacci, & S/R. However, Gann has merit. I use the fan in clusters to identify areas of S/R. Recently, the Euro hit a significant Gann level.
I’m glade you enjoyed it.
Obviously there is a lot more to it than that. the secret is knowing when its going to work and when its not
Regards
Gary
Really interesting! I’ve just read “The Search for Gann’s Master Time Factor” on Kindle which was mainly about time/timing etc – very interested in guidelines as to price movements.
I think the 1999 FTSE high was ~7000 and the 2003 low ~3500 (50%), 2007 high ~ 6700 and March 2009 low ~ 3500 (52%).
That’s what I think is happening at the moment.but the rally has lasted longer than I expected
I hope you enjoyed the video
Gann quotes that history repeats. So the 1930 wall street crash can basically forecast that this current global financial crash in 2008 has some potential down side to it in the near future?
he made no money trading and had to sell courses to make a living as confirmed by his son guru and lost money dumb theory…
@enohp660 Why do u feel so offended, by a post I made 7 months ago? That’s really uncalled for.
@rene007oc isn’t dis just u no speakee goo inglis?? what a dumb ass. you’re too fuckin stupid to trade.
Hi it’s mentioned in 45 years on wall street on page 30.
However we have taken Gann’s percentages rules way past what we wrote in his books and courses.
In my opinion day trading is a mugs game. I’ll add two new videos about it
Real Time Prices
and
THe Secret To Making Money
My email Address is gary@gann.co.uk
Enjoy
Gary
if you dont mind me asking, where are you quoting this from? Id like to read the book as ive just started to read truth of the stock tape.
As well, do you day trade? swing trade? thank you! and great video
Hi
No its completely different, its not between two levels (A high and a low) its based on just one, a high OR a low
Gary
Isn’t dis just using fibonacci retracements? in stead of Gann?
I agree that Gann was a genius, but we are going to have to agree to disagree on fibonacci.
The only reason NO ONE has ever been able to replicate Gann’s supposed predictions is because Gann made more money MARKETING AND SELLING his work, than he made in actually trading and predicting. Gann is possibly the earliest and most successful marketer of financial systems ever, as people still spends money to try to find out his supposed secret.
W.D. Gann was a genius, everything he was uncovering correlations to fibonacci levels, if you draw a fib on a major swing then inside each level and draw fib’s in the same direction price bounces off all those levels….plus 61.8 is in line for a sq rt number
I understand where you are coming from as we are all on our own level as far as trading goes.. You must use what you have found to work for you. I still believe Fib has validity just like Gann. Some would argue that they work because they are similiar ratios. Especially Gann’s 1/8 levels. I have been backtesting your stuff and already have found several examples of 50%! The discovery is half of the fun and satisfaction. Lately been using square of high/low price to confirm. Keep videos coming!
Hi
Thanks for your feedback.
If you had sent this email in the 1980s then I would have agreed with you. However I now have far more experience.
I can show you examples of 0.618 working. The question is how long does it work for, if at all.
The way I use it now is like this:- If say an item has risen 50% from a low, I would be looking to short it. However if it has also retraced 0.618 then I would not short it.
What everyone knows if not worth knowing
regards
Gary
Like the vid, love Gann. But I disagree with your last comment as stocks often turn on key fib levels. Esp. 1.618 extensions of their prior bases. Check out CLW for recent example. (high51.20-low37.35=13.85×1.618=22.41added back to low of base37.35+22.41=59.76 projected high. Actual high=59.90 =99.76%accuracy. Very common pattern. Prove it for yourself.Peace
You’re right its not new, Gann wrote about 50% in the early 1900′s.
Gann’s 50% level and a halfway retarcement between to points are two completely different things.
Gann’s 50% level has nothing what so ever to do with fibonacci (A very common mistake),.
Fibonacci might have something to do with rabbits reproducing but it has nothing to do with the stock market turning. It took me most of the 1980′s to realize that.
Regards
Gary
uhh the greatness of 50% level is not a new thing matey
hence fibo…even tho 50 isnt a fibo number
i’m selling a bunch of gann material for a cheap price on ebay so check it out.
I originally put some of these videos on you tube because a potential client had a mac and could not play them becuase he needed windows media player. so this seemed a way around it. So its really out of context from your point of view.
However; what percentage will work in the future is 50% dosen’t? I know you don’t know because I discovered it.
Good luck
Gary
“im going it to keep it to myslf unless you become a client” – what rubbish mate
I normally used Elliott Wave, Fibonacci, & S/R. However, Gann has merit. I use the fan in clusters to identify areas of S/R. Recently, the Euro hit a significant Gann level.