Gann Analysis
Known as the Master Forecaster, W D Gann introduced the financial world to a completely new way of thinking about market analysis. Many in the trading community today rate W D Gann as the greatest trader of all time. His ability to predict turning points in the market left even the greatest skeptics amazed. Many of his predications were publicly recorded well before they occurred, and journalists who publicly recorded his astounding accuracy scrutinized his trading ability. Gann's discoveries opened up a completely new way of understanding charting of the markets. His life and his studies continue to influence thousands of today's traders.
Gann Analysis includes Two Square of 9 tools; a static tool that starts from 1 and draws the cardinal angles from 1 to the price you select on the chart, and a dynamic version, which draws the cardinals from the starting price you select on the chart.
Through the period of the Great Depression with an unemployment level of over 25%, WD Gann had a staff of over 25 in his Wall Street office drawing his charts and analysis. Truly, Gann Swing Charts that Gann refers to in "45 Years in Wall Street" make up two of the nine chart styles that are available, Swing chart overlays for Bar and Candlestick charts are included to compliment swing studies. Some of Gann's studies centered on the understanding of planetary cycles. Gann was able to show an unquestionable link between planetary movements and stock and commodity prices. Swing Charts can be calculated by using price, points or percentage movements.
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