How To Square Scale Lock Chart For Gann ToolsPlease comment with additional suggestions or feedback if you are experienced with using advanced Gann squared methods.
The squaring of price and time was one of the most important and valuable discoveries that Gann ever made. In his trading course he stated “if you stick strictly to the rule, and always watch when price is squared by time, or when time and price come together, you will be able to forecast the important changes in trend with greater accuracy.”
The squaring of price with time means an equal number of points up or down, balancing an equal number of time periods.
By illustrating angles inside a range, the trader can visualize how the range has been squared.
Gannangles
Simple Method To Square Time And Price On Chart (Gann)This would not be possible if there was no relationship between the time and price axes on the chart. Most traders fail to learn how important TIME is in relation to PRICE.
The most important requirement to do this successfully is in making sure there is a proper chart scaling method being implemented and that both the chart and tools are scaled correctly.
A chart that is properly scaled in this way will suddenly exhibit geometrical patterns and shapes that were not visible beforehand.
These boxes can be pulled endlessly to reveal macro/micro fractal movement trend reversals.
Keep in mind that due to the nature of this trading software and the lack of understanding by those who build it - it is not made to scale properly in understanding this key relation between p = t ^2. Therefor, whenever you move the chart and sizing around, you will have to redo everything.
Ethereum Gann Projection (not trading advice)A possible return conjunction for Ethereum around 3600-3900 region. There are various Gann calculations and invalidations that I will be watching closely.
For this conjunction I used a fixed 90 degree angle from Nov. 25th, a lunar fixed 45 degree fan projection with auto charting, as well as a measured time cycle, moon/sun relation and Ganns no. 5th most important 6.25% (x) 7 degree.
I would expect this to happen around December 10th if not invalidated before then.
Not trading advice, just documenting data with interest to see if this conjunction is met with time.
Gann Percentage Movements IntroductionW. D. Gann described many types of numbers that he calculated on a daily basis. He worked mainly with percentages based on the dollar and the number of months and weeks of the year in accordance with Astrology.
Some of his more popular numbers were:
6.25%
12.50%
18.75%
25%
33%
37.5%
50%
62.5%
....and so on.
He also wrote about the rule of 8, 9, 10 and even numbers. For this simple example we are using 6.25% and Bitcoin as the asset.
''One of the greatest discoveries I ever made was how to figure the percentage of high and low prices on the averages and individual stocks. The percentages of extreme high and low levels indicate future resistance levels.''
W.D. Gann 1949.
Gann 90 Degree Angles Part 2This is a short follow up from a previous video I shared using the time = price ^ (2) lunar fixed point in time law of 90 degree angles.
”Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics.”
”Mathematical science, which is the only real science that the entire civilized world has agreed upon, furnishes unmistakable proof of history repeating itself and shows that the cycle theory, or harmonic analysis, is the only thing that we can rely upon to ascertain the future.”
- W.D. GANN
GANN AMAZING SECRET METHODThis is based on the 90 degree fixed mathematical law or universal rule.
Method: Use the trend angle tool and mark a low/high trend line. Next, take note of the angle. Then, subtract 90 from the angle to arrive at the second angle degree number that you will then draw to arrive at 90 degrees in the prediction of future trends.
His master class text is posted below.
GANN FAN THE CORRECT WAY TO USE IT.Angles, trend lines and indicators are worthless if the correct angles are not fixed, and if one does not have an underlying understanding of why these tools were created and how they are to be used.
Gann based his methods off of natural laws, astrology, and mathematics which is the language of the cosmos.
I will post his master course below:
ETCBTC Gann AnalysisUsing the Gann tool we can plot down trends and uptrends
Plotting both, it gives a support point for price, and also a resistance point
I expect a bounce off the support from the downtrend Gann line at some point
This bounce will hit the resistance Gann line (in red)
A large up channel can also be plotted if you place this up move (dotted line)
The indicator is what I expect will occur as price moves (in white)
CLM2022: A 1-year Forecast Further to the earlier idea, we are now seemingly approaching the final extension zone, and with another 15% increase, the odds for mean reversion become much better. The market seems to be in an exciting area and is definitely worth our attention.
Staying tuned for further developments on this one.
BTCUSD: Got it for 1/2 price?Not long ago, BTC exchanged hands at levels above $60k, and now we are seeing it being offered half of that price. This massive decline is the perfect moment for the dip buyers to step in, but caution is advised as this range is new, and an extended chop is probable. I will try to update this once in a while. Let us see how it unfolds.
75 USD clear target for crude oil.The crude oil market is anticipating since three months, the inevitable inflation. The US government decided not to fight anymore the inflation but to deal with it. This strong bullish trend of the crude oil is the big indicator of the bearish trend in the bonds and the dollar market. Nothing can stop the raise of the yield rate.
Corn: A Potential Fade Approaching Corn seems to be in the final stage of a bullish run here. In terms of % gain, it is almost at the psychological 100% increase area from Mar'20 low. Short risk exposure is becoming more risky at these levels. With another push higher, some decent supply inflows are expected.
BTCUSD: Potentially Setting Up A Move Higher Looks like this pair is setting up another impulse move higher — it is building momentum right below the ATH — the further it goes sideways here, the better it is for bullish continuation projection. If the time factor is scaled at the highlighted rate, and if this scale happens to be correct, the target area should be hit by 22 of March 2021.
If higher timeframes close above this key area , an immediate target would be the mid 60k area aka the 1500% increase point from Mar'20 low.
Staying tuned for further tells.
BTCUSD: Daily Chart BreakdownI am getting a feeling that there could be a 5-0 correctional harmonic formation in its maturity phase, currently. It can also be viewed as an inverse head and shoulders pattern. The highlighted harmonic pattern is the 5-0 pattern with the X being the 1. TV doesn't have a tool for 5-0 patterns, so the Cypher tool is used which lacks one leg. The highlighted projection of price is regarded as a rough estimation of this pattern's completion. The pattern is usually seen during a post correctional phase, where there was a rather hard sell-off (a strong upthrust in a bearish version), which was followed by a V type recovery. When this V type recovery is being corrected as much as 38.20%-50.00%, that's where you anticipate entering into short risk exposure.
TSLA: Post Split Update Further to the earlier idea shared before the splitting of this stock, here's an updated version of the chart showing the same levels but adjusted for the split. The structure of this market suggests a completed 3-wave impulse sequence, which is now being corrected by profit-taking and short selling. The current correctional formation is seemingly completing the A leg of a potential ABC correction. Approximate movement and supply and demand areas are highlighted for convenience. In case of suggestions or questions on this TA idea, drop a line in the comments section below. Staying tuned for further hints on the price direction of this exceptional stock.
TSLA Share Price Trading In ThousandsTSLA price action has been heavenly for bulls and agonising for bears; the price of the stock has increased more than by 1000% in just a few months. The above chart is an attempt to illustrate that increase by taking a locked price to bar relationship of $5 per 240min of trading. The result is quite simple yet elegant — an easy roadmap to navigate for the upcoming year at least.
CLU0: Sideways ActionHere is a road map for this contract's price development until its expiry. As the futures curve is in contango, the CLU2020, which is now the new front-month contract, is yet to test the supply around the 100% up area from its YTD low. Furthermore, 50% of the YTD range is also around the area where this contract is currently trading. These factors are expected to imply an increased interest to square off long exposure aka selling longs. So far, the price action is suggesting that there is new long interest working the orders of those selling their oil holdings. Nonetheless, there is a decent potential to slide down to the +50% area from YTD low. Caution is advised.