Gann Lesson No.2

Before commencing upon our journey it should be emphasised that the object of this series of lessons is to make money. It is not to examine the reasons why the rules work.

This is not a conversation of ‘Why's’ but an illustration of 'How's'. It is not meant to be a sophisticated dialogue with immense truths being exploded. There has been a great deal of conjecture of a magic method, which Gann discovered. We doubt whether such a magic truth exists but our methods can account for the way the markets work in all conditions and at all times. click here for more.

Gann Lesson No.3

Percentage movements are the third piece of our jigsaw puzzle and it is a very large piece indeed.

One of the greatest discoveries I ever made was how to figure the percentage of high and low prices on the averages and individual stocks. The percentages of extreme high and low levels indicate future resistance levels. W.D. Gann 1949.

This Gann principle is, without doubt, the most important of all technical analysis techniques. When the 'Percentage' technique is truly mastered the true reasons why highs and lows are formed whether short term, medium term or long term will be fully understood. Such knowledge will allow the determination of the natural laws that dictate all tops and bottom for all the world's price movements. You don't believe it? Then join the crowd. click here for more.