Explain Gann’s concept of “natural resistance and support levels.” Natural support levels: 1. “The support level from a trader””‘The support and resistance levels of a security may not be static, but rather fluctuate as the security moves up or down. The reasons behind’ such fluctuation’ […]
How does Gann use multiple timeframes in his trading approach? Posted 26 September 2012 – 09:37 AM Gann uses both intra market and inter market methods. The approach and methods are similar to swing trading with a break-out type exit strategy with profit targets set […]
What is Gann’s perspective on the role of news in market analysis? Do you see Gann as having an audience in the political arena? Or are his appearances isolated events that serve to illustrate a bigger point? Hi Mr. Gann, thanks for this reply. As […]
Describe Gann’s concept of “wheels within wheels” in market cycles. For the time being, the world of commodity markets revolves around four big themes: Crude oil, natural gas and petroleum products are all on a price discovery trend line. They have all moved quickly into […]
How does Gann use price and time symmetry in forecasting market moves? Gann uses the idea of symmetry and expected patterns to help him predict markets. Symmetry is a naturally occurring phenomena where one thing is mirrored based off another. Gann likens the symmetry of […]
Explain Gann’s concept of “percentage retracements.” – percentage of the recent ascent/descent was determined to see the next decline – it is typically calculated when there is a higher than normal P&F or 2/3 (not sure of exact ratio) – often happens in uptrends (like […]
What is Gann’s Square of Eight and how is it applied in market analysis? For those of us who are new traders, someone at a conference once told me that “there are two ways to make money in the markets. One is the Square of […]
Discuss Gann’s views on the influence of emotions in trading decisions. Describe his view of the relationship between emotions and mood, and how that influences trading decisions. Bibliography Goleman, D. (1985).Emotional Intelligence. New York:Bantam Books. Bonds, E.E. and J.T. Mullen. A behavioral investigation of the […]
How does Gann apply the Law of Cause and Effect in trading? One day Gann stated that the market had been behaving in the opposite direction to its normal price patterns. In his famous books at the price of $21 on the open June 6, […]
Explain Gann’s use of the Hexagon Chart in technical analysis. Is it safe to understand GANN as measuring the resistance area on a hexagon chart? Discuss his methodology and whether it is reliable. Show that it leads to predictability. Explain and give an example for […]