Gann??

In the simplest of terms, how or why does squaring price and time lead one to a high probability trade entry or price target?

Are ganns basically the same as fibs in terms of their mystical efficacy?

 

please see surf report for examples of the effectiveness of " gann inspired" levels.

yes, i do agree, most of gann is not useable.

best,

surfer

 

Ummm... no offense... but you can't use them, not "not usable" in general terms

 

As I understand it, most of WD's trading account was gann by the time he departed.

 

My account is long gann before I start Gannnnnnn...

LOL

 

I recently began to study Gann, and I have a question about retracement zones. Please correct me if I'm wrong, but to determine the retracement zone, I must draw lines on angles of 45 degrees and 62.5 degrees from P2, and a 45 degree line from P3. The points where these lines intersect should determine the retracement zone high and low. My question is, how do I know that I'm drawing a line on a proper 45 degree or 62.5 degree angle? Obviously, using a protractor might help, but only if you're certain that one measure of price equals one measure of time. Has anyone else encountered this problem?

 

Need to use a squared chart...

 

Thanks for the quick reply Corvus, I'll look into it.

 

Or you can use software that uses the proper calculation http://www.gannalyst.com/main.asp

Made a few examples here
http://forum.esignal.com/showthread.php?s=&threadid=4757

http://forum.esignal.com/showthread.php?s=&threadid=4328
or just do a search for my username on the Esignal board or here

 

Are any of you Gann guys familiar with this company or their products. I am interested in their calculator, but would like feedback from anyone with experience first.

Note - I am not associated with this site, I read about it in this month's S&C Mag. Thanks in advance.

http://www.lambertganneducators.com/pages/products_natsquares.php