W.D.Gann

Pat494

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Has anyone had any success with his methods ? Or are they out of date/daft ? The books are certainly not cheap.
 
Pat494 said:
Has anyone had any success with his methods ? Or are they out of date/daft ? The books are certainly not cheap.
There are several ways to trade Gann's way, angles, square 9, Gann wheel. None of these will give you better advantage then coin toss . Mainly because any effort to fit predetermined angles, prices to a dynamic market will be futile . You must use dynamic studies like market itself.
 
I have read a lot about Gann's methods and have dabbled with a few of them. I think if you are prepared to do some work, there are some methods that might be of use. There is a lot of information in yahoo groups and I wouldn't pay for anything, as a lot of the books probably have less information than can be found for free.

This chart is of the daily S&P from the high in 2000on a squared chart I made in excel. I like to keep an eye on the 45° lines.
 

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