Gann May Beans : Looking at his letter on live angles Jan 18 1954 Saturn Geo is 8 deg Scorpio . Add the square gives 8 deg Aquarius and equals the 308 price for May Beans . Why does he pick this particular point in time( Jan 18th ) , is this a significant high or low in beans he uses as a zero point . I understand how he converts plannetary longitude to price but how does the timing componet fit in . If we break this example down further .
Saturn Geo 8 deg Scorpio is the equivalent of 218 in price
What was the price for May beans on 18th Jan 1954 .
90 deg in price from 218 equals 308 as Gann indicated but what about the timing componet .
Saturn Geo 8 deg Sorpio + 90 deg in time brings us out to 16th March 1962 seven years after Ganns death . will pick this up later
Hello Yogi & Friends
Circle of 24
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Hello Friends .By breaking the circle up into its proportionate divisions as Gann has instructed in his course we can see that every 15 deg is equivalent to 60 min in time and 1c in price . If we look at the four quarters we can see 90 degree is equivalent to 360 min in time and 6c . 180 deg is equivalent to 720 min and 12c in price . 270 deg is equivalent to 1080 mins in time and 18c . 360 deg is a complete revolution in time and equal to 24c .
Gann said to watch movements of 24c 48c and 72c from important high and low points so from an intraday perspective we have a precision timing componet that can be aligned with Civil Time . but this is where the questions start .
Gann placed a great deal of emphasis on identifying the correct starting point . The Incorporation date and the FTD are 0 deg points and from these two points we can run out 10 20 or 60 year cycles and sometimes when the primary and intermediate cycles move into harmonic alliance we might expect a turn in trend that can also be confirmed by other technical factors like range extensions or retracements .
The whell of 24 can be broken down further which confirms Ganns theory of A wheel within a wheel ( Ezekial ) as there are 1440 mins in a day and 1 deg is eqivalent to 4 mins but getting back to the Circle of 24 and the proper geometric application within the market . How does one determine the correct starting point in using this tool . Let us put forward a few scenarios and I would welcome any comment .
We might be looking at a Commodity which expires a 90 mth 10 year & 90 day cycle into 22nd April 2008 so with multiple time frame alignment moving into this date there is a resonable possibility that time will turn trend due to the harmonic magnitude of these convergent cycles . If the daily and hourly swing chart turns up and prints 1 - 3 higher lows we can position ourseleves in the prevailing direction of the trend but does this constitute the correct 0 deg starting point for our Circle of 24 . Let us say the Commodity makes a low price on this date at 12.00GMT . Expiry of primary and intermediate cycles on the same day into 12.00GMT . Is this our correct 0 deg point .
If we wanted to use The Circle of 24 as a short term positioning mechanism we could look for a reaction at 2.00 (30deg) 3.00 (45deg) 4.00 (240deg) 6.00 (180deg) but Commodities have set operational times like most Exchanges .
Time by degrees on daily charts is a clean cut application and we can assign 1 degree to one day ( 24hrs) as the Universal clock keeps ticking and doesnt take time off for weekends and or holidays .
So our Commodity has made low on 12.00GMT and the Exchange might operate from 12.00 - 6.00GMT ( 360 mins ) which only constitutes a quarter of one day ( 24 hours ) within this time the Commodity has moved 15 deg 30 deg 45 deg 60 deg 75 deg and 90 deg in time and The Exchange closes down at 6.00 right on our 90 deg point .
The earth continues its revolution at 15 deg an hour even when The Exchange shuts down as universal time is , well , universal ? so by the time 18 hours pass and The Echange opens back up for business the earth is 90 deg into its second 24 hour revolution so from a timing perspective we are 360 deg out from 12.00GMT 22nd April .
The other option is to see the low come in at 12.00 GMT 22nd April and move out 360 mins ( 12.00 - 6.00 ) when the exchange closes and then restart the next morning from where we left off , so on the 23rd April at 12.00GMT we are starting from 90 deg so effectively a circle of 24 could cover 4 six hour trading periods .
Confused , I am ?
1. Never fight the adage "the trend is your friend." This is especially true during major uptrends. Who could have forecast oil at $119 per barrel a few months ago? Top picking this one has been expensive for the short seller.
Rice traders: Take heed, and remember what Gann told us. "The history of the world has shown that there has never been a time when there was a great demand for anything that a supply in excess of demand didnt develop."
Hi folks,
XAO/XJO ... figuring on some nasty falls, around the end of this week,
... especially 0606-09062008, as 3 significant and negative cycles
come into play for XJO ...
have a great day
paul
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Hi folks,
XAO/XJO ... figuring on some nasty falls, around the end of this week,
... especially 0606-09062008, as 3 significant and negative cycles
come into play for XJO ...
have a great day
paul
=====
Very well done Trader Paul
Hi folks,
XAO/XJO ... figuring on some nasty falls, around the end of this week,
... especially 0606-09062008, as 3 significant and negative cycles
come into play for XJO ...
have a great day
paul
=====
Sorry to interrupt this thread.... but is this Gann/Nostradamus stuff for real? I must say I am interested in this 'astro stuff', but highly sceptical... as I have seen a few posters before me are too. Admittedly I haven't read through the whole thread as it's been going for a while now.
I recently went to a Safety In the Market information seminar where they teach you the principles of Gann in their courses. But, like Gann himself, they seem to be making a lot of money off the courses and books on the side. Hmm. Then I read "Gann's son alleged that many of Gann's claims were fraudulent". However, he did make his money somehow... same with this founder of SITM, David Bowden.
But at the end of the day, have any of you made $$ by using Gann's system? Did anyone predict the rise in oil, coal, and interest in CSG and the respective companies at a specific date? Or did anyone using Gann's techniques predict FMG would sky rocket? I would be interested to know if these techniques can be applied in such a way.
Thanks in advance
Neutral
Hi Rapt88,
SPI ... some time cycles, ahead:
15072008 ..... minor and positive (intraday only)
17072008 ..... minor and positive (intraday only)
21072008 ..... difficult cycle = negative sentiment ... ???
(21-29072008 may be particularly negative for DOW = DJIA)
25072008 ..... positive time cycle
28-29072008 ..... 2 significant and negative cycles here
04082008 ..... positive news here
08082008 ..... positive spotlight on XJO
19-20082008 ..... 2 significant and negative time cycles here
08-09092008 ..... negative spotlight on XJO
11-12092008 ..... 3 positive time cycles here .....
2909-07102008 ..... DOW likely to be strongly negative here
have a great day
paul
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