Gann trading - market turns timing - price projection
Starting new thread inspired by the "Trading the Gann Square of Nine" material published by one of the Forum members (Interactive Trading Setups Disscussion)
PDF attached here again -> Attachment 2485
This thread will become the placeholder for our new project that we start. Here we are going to investigate how to use Gann forecasting methods profitable.
Since we are specializing on this Forum in successful and practical harmonic patterns trading with different confirmation methods, the goal is to validate the sense of adding Gann techniques to the harmonic trading confirmations arsenal.
In harmonic trading we care most about proper pattern location and best D point entry in the PRZ area. Gann forecasting methods (time and price analysis) allow to calculate market support and resistance levels both in price and time and project the market trend turns.
I encourage anyone to participate in this thread and get involved. Please note that at one point of time this project may be changed to Private and will be available only for the active participants.
Very interesting, new subject to study, would be a great pleasure to participate:
the starting point for all participants is to read the attached document.
Good day to all,
very interested in this new subject, will analyze it all this week and hope to come up with good brainstorm.
Regards to all!
Have been reading the forum and first time posting comments. Very interesting indeed and would like to get involved.
Anybody readed whole thing, and have some thoughts about this?
i have been reading gann for 4 years.i cant understand
ok, i will start discussion,
everyone who read Gann probably come a cross with his statement 'when price = time change is inevitable' which is pretty often used on this forum but I bet nobody can honestly explain what does it mean,because how two totally different things can equal, in shortcut Gann translated them into degrees of circle 360, and then compare them looking for equality
In attached .pdf you can find 5 ways of squaring time with price, personally i currently using&testing squaring price range in current trend with time in the current trend, because it make more sense to me
Gann claimed that financial markets tend to react to 90 degree multiplies like 180,270,360 but it gives just to many data so I in my reaserches I have narrow searching equality only to full cycles like 360,720,1080 etc
The sense of this topic for me is to test all 5 ways of squaring time & price, their application to harmonic trading and share with experience and conclusions
does anybody know what Iam saying and tried to find some examples of Gann equality on market?
I understand what you say drapichrust, although i am not still 100% thru the pdf unfortunatelly.
Anyway I agree with the approach.
First thing would be to write here the math/algorithm behind the calculations.
Second step maybe would be design a simple tool that could help us in the analysis.