Before you answer, consider this:
- Do you know of anyone who has researched in depth price bar patterns, astronomy, multiple time frame relationships, swing chart trend definitions and support and resistance zones based on angles?
- Have you met any traders who have investigated numerology, ancient and modern geometry, mathematical relationships of numbers and squaring time and price?
- What about Western and Hindu astrology and pyramid technology, and their possible ties to the markets?
- Do you know of anyone doing this degree of research, and without a computer?
W.D. Gann was such a trader.
To this day, William D. Gann is an enigma. Much has been written about his success, or the lack of it. Questions remain about how great his techniques were, or how poor.
SEPARATING THE WHEAT
W.D. Gann published a number of books. Unfortunately, most of the time Gann wrote in the manner of the ancient mystics, hiding the real meaning behind the surface explanation. Having read his books many times, I found his directions to be vague and convoluted. And not just me, others — both his followers as well as his detractors — have tried to explain his concepts in an understandable and usable way. Few have succeeded. A small example of the challenge is his overuse of the word square: squaring time and price; the square of nine; the square of 24; and on the square. Fortunately, while his books were obscure, his actual trading courses are more direct and straight to the point.
From Technical Analysis Magazine, written by Robert Krausz
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