11/19/2022 0 Comments W d gann balance![]() ![]() History repeats itself.That is what I have always contended, that in order to know and predict the future of anything you only have to look up what has happened in the past and get a correct base or starting point.” In explaining his cycle theory, Gann said, “Time is the great factor that proves all things. My calculations are based on the cycle theory and on mathematical sequences. Gann own words in an interview, “I discovered that the law of vibration enabled me to accurately determine the exact points at which stocks or commodities should rise and fall within a given time.” In his book “ The Tunnel Thru’ the Air” published in 1927, which was written in veiled language, he wrote, “In making my predictions I use geometry and mathematics, just as the astronomer does, based on immutable laws. In the Nineties, an array of schools arose on the basis of his research in time cycle, market geometry and financial astrology. Many researchers and analysts tried to reconstruct his methodology. Gann regained the market’s’ attention beginning from late eighties when some of his materials resurfaced and his books were reprinted. Gann was not mentioned in the investment communities. Gann passed away in 1955, there was a long period of time that the name of W.D. However, he kept his core method veiled and confined only to a chosen group of people, who vowed not to give the materials out to others.Īfter W. Gann also wrote several books on his trading methods. The wealth of that scale compared with the purchasing power at his time was indeed very substantial. Gann had made US$50 million from the market. ![]() In over 50 years of trading, it was said that W. I do not care what the price is now, it must go there.’ It is common history that September Wheat surprised the whole country by selling at $1.20 and no higher in the very last hour of trading, closing at that figure.” Gann said, ‘If it does not touch $1.20 by the close of the market it will prove that there is something wrong with my whole method of calculation. At twelve o’clock, Chicago time, on September 30th (the last day) the option was selling below $1.08, and it looked as though his prediction would not be fulfilled. This meant that it must touch that figure before the end of the month of September. ![]() Gann was during last summer when he predicted that September Wheat would sell at $1.20. According to Gann’s friend William Gilley, “One of the most astonishing calculations made by Mr. ![]() One of the stories was about his forecast of the wheat market in 1909. There were several legendary stories about W. He made his forecast in November 1928, ten months before the collapse. The end of the bull market was also the beginning of the Great Depression in the western world in 1930s. One of his most famous calls was his timing of the black Friday in September 1929 when the US long bull market ended all of a sudden. He became famous among the investment communities by making several accurate calls. He was an American who traded US stock and futures markets in early Twentieth Century. Gann had proven himself to be one of the greatest stock and commodity traders in the last century. It is said that his market forecasting technique is one of the most complicated technical analytic methods ever in the world and that few people could fully understand it. In recent years, the name of William Dilbert Gann has been gaining attention among market technicians. ![]()
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