Gann is known for his use of time and price since he quoted, "When the time is right, market prices will turn." These two are said to derive or get the idea during his visit to India. We all know that Gann is known for this trading time cycle, and this has two miniature forms: (1) Gann's Square of Nine and (2) Master Time Factor. A representative of a known publication verified his success. Gann said to have made half a million dollars from his Trading over a few years previously. His Remarkable Predictions and Trading Record". An Operator Whose Science and Ability Place Him in the Front Rank. Gann's Trading was discovered by a famous editor named Richard Wyckoff and made an article about it to show the exceptional trading ability of William Delbert Gann. Thus, it will be one thousand percent (1000%) on the original margin at the end of the month. Therefore, the capital invested which Gann operated doubled ten (10) times. As a result, the two hundred sixty-four (264) out of two hundred eighty-six (286) transactions earned profits and only twenty-two (22) losses.
Gann's Trading is said to be monitored by an observer in October- twenty-five (25) market days with two hundred eighty-six (286) transactions made in various commodities and stocks on both the long and the short side of the market. Creation is to attain or verify changes in the market trend or the details or what is about to happen and what price is better to use in entering or exiting the market.įurthermore, Gann Time Cycle is essential for many reasons even in today's stock and commodities market because: (1) William Delbert Gann uses theories that help good prediction and precise results such as the Theory of Natural Law, (2) another one is the geometric proportions based on the circle, square, and triangle that provide the changes of market trends. The foundation of the trading techniques that William Delbert Gann designed is basing on time and price analysis. Gann's purpose in creating this forex tool is to help traders earn using methods he provided, such as market predicting tools based on geometry, astronomy, astrology, and ancient mathematics. The one who created this technical analysis tool was William Delbert Gann.