The Gann Box

Discussion in 'Technical Analysis' started by makarand.mone, Mar 23, 2007.

  1. uasish

    uasish Guest

    ccitrader,
    The basics concept never changes,time only changes the newer method of application.Measure any Man/Women under this Sun ,Head to toe,the navel point will be at .618 ratio "ONLY" your great great grandfather & my great great grandfather has definetly never met,but the had this common ratio,though styaing continents apart.Let makarand.mone unfold the steps all of us will be dumbfound,thus is assured.Mr Gann went to Egypt (presently my son is at cairo) & India ,& stayed to study ancient mathametics more than 3 yrs.Later after his return his famous sq9 evolved.Think of a Pyramid when was it made ?Still now all the conical angles are .38 (go & search in internet to prove me wrong)Earth to Lunar axis angle is 38 .All mythological Hindu temple's idol facees to a perticular imaginery point ,from Kamkshya to Kanyakumarika,that point is on Meridian38,so on etc etc these ratios use of 9,5,7 in Hindu/Muslim temple/shrine before christ has a meaning conveyed from Nile Tygris Sindhu & Ganga,which Mr Gann could deeply understand.Mkt is a place where all these are followed (the leaf size to it's bark is in Fib ratio in nature,whether in China or Chile)THESE natural things r being followed in mkt every day,Mr Gann has identified & used this knowledge in stock mkt.So when makarand.mone,has taken this huge task ,let us hear carefully,with our shallow knowledge & concept we tend to pass a judjemental view,which actually restricts me only from further enhancement.

    Asish
     
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  2. makarand.mone

    makarand.mone Member

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    Basis Of Gann's Forecasting Methods

    The basis of Gann's theory was formed by the following three maxims:

    1. There is nothing else to take into consideration besides price, time and range
    2. The markets move through certain cycles;
    3. The markets are geometric in nature.

    The theory could be used for three major types of predictions: price, time and pattern forecasts. To make a forecast, you first need to select a time period (normally an intermediate or short-term time period) and choose the high and low that will become the starting points for the Gann lines. Normally, the high and low are determined by employing some other technical analysis method. When the high and low are determined, a 1x1 or 1x2 pattern is applied, the difference being in the angle of the line being drawn. After the pattern or 'cycle" is completed by linking the two points, similar 'cycles" down the trend-line are searched for. Probably, this is what has been so fascinating about the Gann method - seemingly, it's like falling off a log, just tack a crack, and you are a success. But when you come to grips with the technique, all the ease is gone. To locate the low and high, Gann used some mathematical methods, including and similar to Fibonacci. His amazing command of those and, as is surmised now, some other clandestine methods, is what is responsible for most of his financial success.
     
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  3. makarand.mone

    makarand.mone Member

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    Reality Behind Criticism

    During his life, Gann kept secret the astrological methods he used for predicting stock market actions. It is now said that all the astrological work for Gann was performed by two outstanding Canadian astrologists of the time - Lorne Edward Johndro and Kenneth Brown. All this says that there is a lot more to the Gann theory than what the average trader knows and can apply. Consequently, the average trader is highly unlikely to be able to hone the technique to the point when it starts bringing in the kind of profit it earned for its inventor. Most likely, the technique will serve him as just another method that allows drawing support and resistance lines. And unless you are prepared to spend years on research and mastering the technique, it is best to use the Gann studies as just another method in your combination that will help you prove a decision made by applying the whole of the combination. Or, better still, avoid using the method altogether.
     
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  4. makarand.mone

    makarand.mone Member

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    Great to see people like you at a Community Forum Mr. Ashish

    I would love if you could share some thoughts over Gann's Square of Nine

    I am considering to start a new thread on "Square Of Nine"
     
  5. omkarmango

    omkarmango Member

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    Thinking Gann, I always think it's about reading between the lines.
    .
    Gann quote "When you know how to use time with price then you know how to trade".
    .
    I found fibonacci numbers in Sq of 9 but what after that ?:confused:
     
  6. makarand.mone

    makarand.mone Member

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    Hi omkarmango

    First of all, welcome to the club.

    I wish to completely agree with your first line. It's always about reading between lines. Trust me it's the toughest thing to do.

    Secondly, your quote about Square of Nine confuses me.

    Please try to throw some light on how you used the square of nine and how it confused you?

    I would love to share my thoughts with you thereafter.

    Regards

    Max
     

  7. omkarmango

    omkarmango Member

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    Sq of 9. It always fascinated me.
    Somewhere I read Mr. Gann himself used to keep a miniature of Sq. of 9 with him while trading.

    Makarand, pls.carry on
     
  8. makarand.mone

    makarand.mone Member

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    Ok,

    So you actually didn't use it!

    Anyways, Square of Nine Fascinates a lot of traders out there!

    It has fascinated me an year back and I must say, I am not able to completely realize the power of it.

    Secondly, It is true that Mr. Gann actually carried a miniature of Sq. of 9 while trading. It is also believed that he had the same miniature used for trading while making a history of success in wallstreet.

    Let me quote one thing in Mr. Gann's words :
    "The Square of Nine is very important because Nine digits are used in measuring everything. We cannot go beyond nine without starting to repeat and using the 0. If we divide 360 by 9, we get 40, which measures 40 degree, 40 months, 40 days, 40 weeks, and shows why often tops and bottoms come out on these angles measured by one-ninth of the circle"

    How to understand the above statement : Just read between lines as you said.


    Think about one trading day as a 360 degree circle.

    Which part of the day is most profitable one?

    You will get the power of "SO9" if you have a sharp memory and some out of the box thinking power

    Regards

    Max
     
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  9. fariddeshmukh

    fariddeshmukh New Member

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    how is gann square made ? please any one who can explain in detail & how is it interpreted?
     
  10. omkarmango

    omkarmango Member

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    Dear Max,

    Thanx for the welcome.:)
    .
    Yeah I don't use it.
    .
    But what I said is not only fancy
    .
    Open the attachment,
    Get the ratio of highest number i.e. 81 to numbers in center i.e. 31,41,51
    .
    I am looking for solid co operation to go on.

    Omkar
     

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