Pattern Price and Time : using gann theory in technical analysis [PDF]

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Pattern Price and Time : using gann theory in technical analysis – Book

In summary, in order to construct a market forecast using natural cycles, you must have a basic understanding of financial astrology. This basic understanding of astrology should include knowing how to read an ephemeris, learning the planetary rulerships, and knowing how to interpret planetary phenomena.

After this basic knowledge is ac- quired, study and practice are required in order to learn how the information applies to the futures markets. Only after learning how to apply this information should the trader attempt to make a forecast and trade his interpretation of the natural dates.

Many of Gann’s forecasts and trades were triggered by his understanding of natural cycles or financial astrology. The methods that he used included predicting tops and bottoms, changes in trend, and support and resistance. His understanding of natural cycles came from deep research and the study of various methods of financial astrology. He was also a trader. While he used the forecasts as a guideline for his trading activity, he did adjust the forecasts to the current market conditions.