Forecasting and Geometry: EllipseHey! Hope you are well!
In today's chart tutorial there is a gann box; it has harmonic arcs of the same proportion. This box was constructed using the proportions seen on the chart.
On the daily chart, there is a fibonacci time sequence of 37, 53, 75, 295, and all. There is also a price of 3.665 and 1.199. From the price, the height of the box is formed; from the time sequence, the length is constructed.
These two values form a rectangle, but the rectangle must be intersected to form a proper ellipse; therefore, the ellipse has the eccentricity base from the rectangle; however, its dimensions are a 1.414 proportion to the original ellipse fitting the rectangle.
Enjoy!
Suggested Reading:
Law of Vibration - Tony Plummer
Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course
Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III
H.M. Gartley - Profits in the Stock Market
Bill Wiliams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition
J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach
Fabio Dreste - Quantum Trading
Michael Jardine - New Frontiers in Fibonacci Trading
The Wave Principle, Nature's Law
Ralph Nelson Elliot
Technical Analysis of the Financial Markets
John J. Murphy
A Complete Guide to Volume Price Analysis
Anna Coulling
Mastering The Elliot Wave
Glenn Neely
Gann Box
Geometry: Adjusted Axis Square with Elliptical Figure Fitting InHello! Hope you are well!
This figure is generated from the adjusted axis of price and the angulation of that adjusted axis. This then forms into a box, and the ellipse is fitted to the box.
The native resolution is five minutes! Enjoy!
Suggested Reading:
Law of Vibration - Tony Plummer
Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course
Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III
H.M. Gartley - Profits in the Stock Market
Bill Wiliams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition
J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach
Fabio Dreste - Quantum Trading
Michael Jardine - New Frontiers in Fibonacci Trading
The Wave Principle, Nature's Law
Ralph Nelson Elliot
Technical Analysis of the Financial Markets
John J. Murphy
A Complete Guide to Volume Price Analysis
Anna Coulling
Mastering The Elliot Wave
Glenn Neely
Gann Box - How to set upQuick rundown of setting up a gann box.
Steps below also;
1. Pick a TF (Minimum 1HR ) Example here on 4HR
2. Lock price to bar ratio
3. Find key pivot high or low
4. Turn on magnet, and select the 'Gann Square' tool
5. draw the square from your pivot point, until you go beyond the current price AND hit one of these key fixed time intervals (see number at the bottom right corner of the Gann Square to see your interval)
- 45, 90, 180, 360, 720 etc
- (in short, doubling from 45, then doubling the interval every time)
6. Next step is getting the ratio correct on your Gann Square. In the Gann Square settings, there is the option to change the ratio ('Price/Bar ratio').
a. Here are the ratios you must use (in order of importance);
- 1, 2, 5, 10, 20, 40, and, as a last resort, 2.5.
b. Ideally, you want the ratio to be as low as possible. However, with Bitcoin, price is so high and volatile that we need to look at bigger ratios. In this example I've used an interval of 1,440, and ratio of 40 to get my template set up.
c. There will then be coins that a ratio of 1 will be cause your Gann square template to be way too big, these will be on low value coins. I have checked, and you can divide your key ratio by 10 to achieve a relatively normal sized Gann square (examples will be shared).
So you can take a ratio of 2, and divide by 10 to give you 0.2. If still too big, divide by 10 again to give you 0.02. Just make sure you stick to the key ratio numbers.
7. Finally, select the Gann box tool, and draw from the same pivot point, and drag it to line up with your Gann square corner to corner.
Once your Gann box is set, you can remove the Gann square.
Happy Holidays and Merry Christmas!The year 2020 was a year full of problems which we tried to face in the best possible way. I wish you from the bottom of my heart a happy new year 2021 and may this year be a full year of miracles for you and your families. A good year for trading.
Happy New Year 2021 from ME !!!
ALBANIA: Vitit 2020 ishte nje vit plot probleme te cilat ne munduam ti perballonim ne menyren me te mire te mundshme ju uroj thelle nga zemra gezuar vitin e ri 2021 dhe qofte ky vit nje vit plote mrekulli per ju dhe familjet tuaj. Nje vit i mbare per tregtim.
Gezuar Vitin e Ri 2021 nga MUA !!!
ITALIAN: Il 2020 è stato un anno pieno di problemi che abbiamo cercato di affrontare nel miglior modo possibile. Ti auguro dal profondo del cuore un felice anno nuovo 2021 e che quest'anno sia un anno pieno di miracoli per te e le tue famiglie. Un buon anno per il trading.
Felice Anno Nuovo 2021
DUTCH: Het jaar 2020 was een jaar vol problemen die we op de best mogelijke manier probeerden het hoofd te bieden.Ik wens je uit de grond van mijn hart een gelukkig nieuwjaar 2021 en moge dit jaar een vol jaar van wonderen zijn voor jou en je gezinnen. Een goed handelsjaar.
Gelukkig nieuwjaar 2021
Market Forecasting with Gann Boxes, BTC. Bishko published an interesting BTC chart showing the use of Gann Fans yesterday.
I rarely see Gann's work being showcased on TV, so to continue the same vein, here is something to play with for those who want to diver deeper into market harmonics.
This chart uses essentially the same starting point as Bishko's chart, only using a 1-day chart, rather than a 3-day chart.
However, here I am showing the use of Gann Squares / Gann Boxes, as opposed to Gann angles.
I won't explain in detail how this works, as I believe in doing to work when it comes to discovering market secrets.
What I will say is that this box is formed fully off the price high 13868.
Both the price and the time dimensions are formed from the high.
That's a BIG clue on how to form a correct Gann box.
In fact, the ONLY piece of information you would need to draw this chart on the exact day of the high would be that price of 13868.
The price high will give you the future major support and resistance levels.
See the 0.25 / 0.382 / 0.5 / 0.618 levels on the chart. Those price supports would have been known months in advance.
But you'll see the Gann box doesn't extend through to the 0.618 level that was hit in March 2020.
Why is that?
Because the time cycle aspect of the initial price high reached its completion in mid-February 2020.
And what happened when that time cycle returned full cycle?
Immediately the market dropped.
You can look back at the other time ratios (0.382 and 0.75 especially) to see how upon reaching those points in time the market began major moves in their the same directions but significantly stronger, or switched directions entirely.
Gann boxes like this can give you key price levels and important dates of time to keep in mind, where the market has a significant chance of making major moves.
This can be done months in advance, as seen here.
Investigate this phenomenon for yourself.
Markets are harmonic in nature.
Price and Time are the same.
Good luck.
PLI and GANN sorcery or sacred math?Time and price are directly related at geometric intersection in the price/time continuum. Watch thru my ramblings as we explore Gann box fractals. you be the judge it this is another weapon for your arsenal
How to set up the GannBox I'm usingA brief video to illistrate how to customise your gann box settings
Eye of the storm - Gann Box versionAnd here is a neat Gann Box version of the last analysis which suggests we could hit the long term trend line that started life on 28th December 2004 / 1 January 2005 that takes us to the parity by 2017 suggested by Goldman Sachs. And who was vice chairman and managing director of that institution from 2002 - 2005 ? Yes you guessed it - Mario Draghi
Now 2017 seems a long way off and I wouldn't necessarily endorse the time frame suggested on my chart, but it illustrates a point, and the (hardly secret!) trade direction.