Description
Book SynopsisAn updated look at applying W.D. Gann's controversial trading concepts to all major markets W.D. Gann continues to be one of the most controversial figures in technical analysis. Despite his detractors, his theories remain fundamentally solid, and have been successfully adapted by several generations of traders.
Table of ContentsPreface ix
Acknowledgments xiii
Chapter 1 Why Pattern, Price, and Time? 1
Chapter 2 Who Was W. D. Gann? 5
Chapter 3 Gann Theory in a Nutshell 17
The Basis of Gann Theory: The Law of Vibration 23
Pattern 28
Price 28
Time 30
Squaring the Price Range with Time 32
Advanced Price and Time Techniques 33
Gann Theory and Its Application to Trading 42
Chapter 4 Chart Basics 45
Gann-Format Charts 45
Proper Chart Construction 50
Charting Programs 56
Types of Charts 57
Summary 66
Chapter 5 Pattern: Trend Indicator Charts 69
Minor Trend Indicator 70
Intermediate Trend Indicator 74
Main Trend Indicator 80
Trend Indicator Construction 84
Stop Orders 87
Using the Information Generated 88
Characteristics of the Trend Indicator Chart 89
Summary 90
Chapter 6 Pattern: Swing Chart Trading 91
Reviewing the Trend Indicator Chart Rules 91
Basic Trading Instructions 95
Two Ways to Determine a Change in Trend 99
Other Swing Chart Trading Strategies 102
Swing Trading Rules 104
Swing Chart Negatives 119
Summary 122
Chapter 7 Pattern: Other Chart Formations 125
The Double Bottom 125
The Double Top 127
Prolonged Rally or Break Rule 128
Balancing Swings 129
Signal Tops and Signal Bottoms 133
Other Important Formations 140
Other Popular Patterns 141
Summary 141
Chapter 8 Price: Horizontal Support and Resistance 143
The Swing Charts 143
Percentage Retracement Price Levels 146
Other Retracement Levels 149
Multiples of Bottoms and Divisions of Tops 149
Pivot Price Calculations 150
Moving Averages 153
Summary 154
Chapter 9 Price: Gann Angles 155
Importance of Gann Angles 156
How to Construct Gann Angle Charts 167
Summary 195
Chapter 10 Combining Pattern and Price 197
Chapter 11 Time 203
Natural Cycles 203
Anniversary Dates 210
Seasonality 216
Swing Charts 221
Square Charts 225
Summary 231
Chapter 12 Combining Pattern, Price, and Time 233
The Intermediate Trend Indicator 233
The Signal Bottom 238
The Signal Bottom: The First Leg Up 243
Gann Angles 245
Percentage Retracement Zones 248
Percentage Retracement Zones and Gann Angle Combinations 251
Time Indicators 251
The Forecast 253
Conclusion 255
About the Author 257
Index 259
