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Time is what a clock reads..
Build a better clock ( a stock or market clock ) and you build better trading system...
Time is what the clocks read .
Whats important is recognizing this.. And using the right clock for our purposes..
motorway
Hi folks,
... some of what you say is true, motorway.
However, many traders want to make it a lot more complicated,
than it ever needs to be ... let's KISS ... KEEP IT SIMPLE, SUNSHINE ... !~!
Firstly, time IS what a clock reads and if we use the right clock for our
purposes, we CAN use it to confirm better exits and entries, in the markets.
... to keep it simple, we use a base measure of time, that EVERYBODY will
understand ... !~! ie ... 60 mins = 1 hour and 24 hours = 1 day
Just like your kitchen clock ...
If we apply that time measure to the planets, the Venus will orbit the sun
in 225 days, year-after-year, just as it has been doing for eons ... likewise,
our moon orbits earth every 28 days or 13 times every year
and all the other planets in our solar system, will have a similar story .....
If we use time in that way ... it IS both constant and SIMPLE ... !~!
Using financial astrology, we recognize 10 planetary orbits in our solar
sysem, that taken individually, remain constant.
If we then, take into account of the interaction, between those planetary
orbits (time cycles), then we can appreciate, that time MAY become a
somewhat more dynamic entity ... with waves of individual cycles, shown
to interact, with each other.
Motorway mentioned the tides, which in themselves ARE a reflection of
the movements of our earth and moon, measured against both time and
the position of the sun ... "as above, so below."
..... fortunately for traders, we only need to appreciate those dynamics,
at a very superficial (and mathematical level) and with the use of an
ephemeris, we can very quickly pinpoint the position of ANY planet, at
any point in time ... which makes it very easy to assess, on a 360 degree
dial, representing the "cosmic clock" or zodiac.
In short, to keep-it-simple for trading purposes, Gann used the planetary
cycles (measured in our regular time) to provide better market timing,
as the planets aspected, known positive or negative triggers for individual
markets, on their never-ending journey, around the Sun.
happy days
paul
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