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Gann, honestly, is it a good basis for trading?

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gazelle said:
Over the next few months once I will try and post some trades and charts once I get back into the swing of things excuse the punn . Yogi I have a question for you regarding The Astrological Letters .

Dec 2nd 1953 May Soyabeans 311 1/4 high which equals 18 Deg 45" pisces or 348 Deg Geo , close square or 90 Deg of Jupiter , 135 Deg to Saturn , and 120 Deg Of Uranus . these calculations work out correctly on circle of 360 Deg .

Dec 2nd 1953 :

Jupiter is at 22 Gem 50" or 82.83 Deg Geo ( close square )
Saturn is at 4 Deg Scor 49" or 214.80 Deg Geo ( 135 deg )
Uranus is at 22 Deg Canc 35" or 112.59 Deg Geo ( 120 Deg )

The question is how does he convert 311 1/4 in to 18 Deg 45" Pisces or 348 Deg Geo , is this an intentional mistake to keep his students on track or does he mean 311 1/4 in price equals 11 Deg 15" Aquarius or 311 Deg Geo . If we use 11 Deg 15" Aquarius as the 0 Deg point the plannetary aspects do not work out and there are no significant angles
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:)

Hi Gazelle,

..... price = 311+ degrees, aspect is precisely 144 degrees and
you will need to go back to previous beans charts to see the connection.

Same day 02121953 ... Moon conjunct Neptune triggers 3 other bodies,
Pluto, Venus, North Node.

Again, you will need to go back to previous beans charts to see the connection ..... :)

have a great day

paul

:)

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:)

Hi folks,

Attached is a brief overview of 2009, using some of Gann's simple astroanalysis ... :)

Happy trading to all, in 2009 ... !~!

have a great day

paul

:)

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Attachments

  • LookingInto2009.pdf
    56.8 KB · Views: 100
Analysis that heavily relies on either astrology, the belief in a "God" or both to be successful is not for me. And all the mystical pontification and pseudo science around it puts me off as well.
 
Bayer : It is very difficult for a man brought up and educated under conventional and materialistic ideas to concieve that plannetary bodies influence the collective will of man animals and plants . The Financial markets are a barometer that express human emotion . The materialists cannot believe and understand that unforseen forces at work for they only believe in the concrete and obvious . everyone is wired differently and much the same breakouts and moving averages are not my cup of tea .
 
I did the safety in the market course which is Gann based and lost money.

I dont use it any more, except for retracement levels which are more or less the same as Fibonacci anyway.
 
SITM arent too bad although they are quite expensive . They will teach you the mechanical aspects of Gann and how to set your charts up but it depends on which course you did . You cant expect to start trading simply on the premise of a swing chart and range retracements as outlined in the starter pack , there are many more elements involved and even then you still get it wrong .
 
Boggo said:
I have yet to see one Gann 'practitioner' actually post a potential winning trade either long or short, lots of other stuff about what has happened in 2006 or what will happen to WPL in December 2010 etc etc.

Can some of you guys prove me wrong... please, something that stands a greater than 50% chance of making a buck in the next week or so.
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Hello Boggo,

I've been out of the ASF loop for some time, but if you like and you have the time, you could study some of my ASF posts and make your own mind up. I put a lot of work into addressing everything I thought was relevant at the time. Try going through from the start of 2007.

I'm light years ahead of where I was then, but the core ideas I think you'd find useful, even if only to inspire you to think in different directions while discounting or accepting the points in the discussions.

I really don't have the time to comment like I did back then (had some surgery, still recovering) but thought I'd pop in and comment briefly.

Best of luck!

Mag
 
Magdoran said:
Hello Boggo,

I've been out of the ASF loop for some time, but if you like and you have the time, you could study some of my ASF posts and make your own mind up. I put a lot of work into addressing everything I thought was relevant at the time. Try going through from the start of 2007.

I'm light years ahead of where I was then, but the core ideas I think you'd find useful, even if only to inspire you to think in different directions while discounting or accepting the points in the discussions.

I really don't have the time to comment like I did back then (had some surgery, still recovering) but thought I'd pop in and comment briefly.

Best of luck!

Mag
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:)

..... so good to see you posting again, Mag !~!

Welcome back ... :)

have a great day

paul

:)

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Yes, welcome back, Mag. Good to see you posting again even if it is briefly. Are you still in the US?

Sorry to hear you've had surgery and wish you a speedy recovery. :)
 
sails said:
Yes, welcome back, Mag. Good to see you posting again even if it is briefly. Are you still in the US?

Sorry to hear you've had surgery and wish you a speedy recovery. :)
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Hello Margaret,

Nice to hear from you too!

Yes, I'm still in the US, and will probably be here for a long time - my wife's family are here...

Recovering thanks, but still not 100%...

How about you?

Mag
 
Good grief, its like a reunion around here today, how you doing Mag?!!

I hope you recover quickly.

CanOz
 
Hello Mag , Greetings to you and hope you are feeling better .
Hows The cat did you get him through customs ok ?
 
tech/a said:
Here is a good summary of Gann.

http://www.cycletrader.com.au/cycles.htm

Confluence of analysis gives "pressure points" or points of interest going forward.

Application of analysis (any form of analysis) is to me the key to successful use of analysis.
If you place on a chart all those confluence points of interest giong forward you will note that there are many.
Like Elliott/Fibonacci (which are often used in conjunction with Gann) if the point doesnt hold then the next point of confluence is used.
Its a case of prove the analysis or disprove.

In hindsite it is easy to remove all those points of confluence to reveal only the points which can be seen to have held.
This makes ANY analysis appear very accurate. When infact when applying in realtime many if not more pressure points dont hold and are then false.

Gann has more of these points in its analysis arsenal than any other form of analysis I have found.

I have watched a few "Good" Practitioners and my observations have been that their success rate is no better than anyone elses.
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Totally Agree with the above !!!

Last Year I attended a Trading & Investment Expo in Melbourne. One of the Exhibitors there was selling their own "software" which was basically a charting package that included Gann Trading Applications!!! To try to entice people to purchase their software, they had employed a gentleman to go over recent trades which he had personally taken using Gann Methods.

Interestingly, (as Tech/A has mentioned above) he actually ignored specific pressure/turning points and focused instead on those which offered a favourable R:R outcome. The general crowd were impressed!! However, what was more interesting (to me anyway) was that these "favourable" points were also at either "key" support & resistance levels or levels at which volume & previous price action suggested a break-out in a particular direction.

As some of the audience reached for their cheque books to buy the software I walked away wondering to what extent the Gann Analysis had really contributed to the outcome of those trades.....
 
gazelle said:
Hello Mag , Greetings to you and hope you are feeling better .
Hows The cat did you get him through customs ok ?
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Hi Gazelle,

Both got through fine thanks, although one was dazed for a few days - it's a long flight.

I see you've really focused on the astro style. Interesting, is it working for you?

Have you been in contact with SpinDR of late?

Good to hear from you!

Mag
 
Glad to hear you have settled in . Enjoy your time and take care of yourself & family .
Regards Gazelle
 
Hey Mag,

Nice surprise to see you pop in for a post. You still trading options?

All the best on the recovery.
 
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