Hi DP,
I did not correctly square the chart nor did I scale the chart as I do not have an Ensign/Wave59/MarketAnalyst, only these
softwares have the capability of generating a squared chart. Softwares like Amibroker/Tradestation/Metastock/Metatrader does not
reproduce a squared chart. I was looking for the solution AS WHEN A CHART IS CORRECTLY SQUARED THE INHERENT GEOMETRY OF THE
PLOTTED MARKET IS EASILY VISIBLE. A SQUARED CHART IS THE CHART WERE 1 UNIT OF TIME WILL REFLECT THE 1 UNIT OF PRICE MOVEMENT.
I even tried doing it in graph paper,( purchased stationery worth 800/-).......par graph paper chota pad jata hai
here I am talking
about graph paper used by Architects and Engineering drawing
No wonder when Gann died from his office so many charts came out his
office that it required an entire truck to take all of them.......as claimed by Lambert Gann Publishing Co.
Ok so I did some out of box thinking. What I realized that even my chart is a chart it is reflecting price and time movement, so instead
of placing a fan at the bottom or top as all the books and softwares show, LET THE BASIS OF THE FAN BE THE SWING ITSELF, and as they
say rest is history
See for your self!
This will also explain two concepts of Mr Gann. which is his gift to the world of technical Analysis.
1. GANN ALWAYS EMPHASIZED ON 50% RETRACEMENT, this is what he meant, see for your self.
2. GANN COINED 45DEG ANGLE, you can see 45deg angle of a prior swing is an imp angle and so are the other angles.
In the courses of Gann ( courses by WD Gann himself) he does show the Gann fan, he does not show it any were
that he was putting it in top or bottom of the swing, that's the beauty of a Gann course, every thing will be
there right in front of your eyes still you need to decipher them.
And I believe it makes sense because every stock/index/market has its own degree of inclination/declination and one cant put the same
set of angles for all of them, it should be accustomed as per the particular stock.
you can download the excel sheet from here.
http://www.mediafire.com/?w0sdx77j4d09sd0
CAUTION::::::
HAVING WRITTEN ABOVE, I REALIZED THAT WITH JUST ONE POSTING I AM CREATING LOT OF TROUBLE FOR ALL THE SOFTWARE MAKERS, GANN AUTHORS
LET ME LEAVE A DISCLAIMER:: IT IS NOT MY INTENTION TO DO SO, IT IS JUST ANOTHER WAY OF LOOKING AT THE THINGS OR ARRIVING AT A CONCLUSION.
FOR EXAMPLE, IN ORDER TO SEE A PARTICULAR MARKET IS OVERSOLD OR OVERBOUGHT, ONE CAN USE STOCHASTICS, ONE CAN USE RSI AS WELL, ONE CAN
USE MACD ASWELL, ONE'S CHOICE OF TOOL IS HIS PERSONAL CHOICE.
DP! YOU ARE DOING A FANTASTIC JOB CONTINUE WITH THAT DONT MAKE ANY CHANGES WITH THE WAY YOU HAVE BEEN LOOKING AT THE THINGS.
IF YOU LIKE THIS METHOD ADD TO YOUR TRADING ARSENAL ELSE LEAVE IT. IN THE WORLD OF TECHNICAL ANALYSIS WE COME ACROSS MANY
IDEAS/CONCEPTS/STRATEGIES/METHODS, WE DO NOT INCORPORATE ALL OF THEM, WE USE THE CONCEPTS WHICH WE LIKE/UNDERSTAND/HAVE FAITH AND
COMFORTABLE WITH.
IT IS ONLY AN ATTEMPT ON MY PART TO FIGURE A SOLUTION OF A PROBLEM WHICH WAS BOTHERING ME FROM A LONG TIME, AND I DID IT
BY TWEAKING THE TOOL ITSELF
AS LONG AS IT WORK'S I WILL SAY " WHAT AN IDEA SIRJEE"
Alright few post above I mentioned
What Gann meant by saying this in page 56 of Tunnel Thru the Air.
EZEKIEL:32:7:
AND WHEN I SHALL PUT THEE OUT, I WILL COVER THE HEAVEN AND MAKE THE STARS THEREOF DARK; I WILL COVER THE SUN WITH A CLOUD, AND THE MOON SHALL NOT GIVE HER LIGHT
I WOULD HAVE ANSWERED THIS CLUE IF DP HAD CARED TO ANSWER FOR THE QUESTIONS REQUESTED
NOW SINCE I MANAGED THE PROBLEM, LET ME REVEAL IT ANYWAY AND CONSIDER IT A LOHRI GIFT FROM ME!
SOMETHING ABOUT TUNNEL THRU THE AIR ::: people use to ask Gann what is the secret and his courses were very expensive,
so he decided to write a novel in which he had hidden clues of the market. On the surface it looks like a romantic novel
but it is not, it is full of poetry, references from Bible. Mr Gann wrote very clearly in the forward that you have to read
it atleast 3 times, I have read it 5 times kuch palle nahin pada
Every word, date, poetry, number, dialogue, even the page no. has a meaning in it. Google it you will easily get it.
Pay special attention to the Gann Emblem made of a circle, triangle and a square. Mr Gann was leaving a messege
for the readers, he was saying that ASTROLOGY WORKS, he was giving the references of 90deg, 60deg, 30deg, 120deg, 180deg and 360deg,
he was also saying GEOMETRY ALSO WORKS
WHAT IS THE CLUE::: it is one of the clues, the book is full of clues it is one of them, and this quote is giving reference of
ECLIPSES. Both Lunar and Solar eclipse.
WHAT I DID::: I collected the data of past eclipses and plotted a line on those dates, and as they rest is history.
Data is in front of you, the charts are in front of you, see for yourself.
While performing this task I realized that both lunar and solar eclipse come togather, not only on/near the particular date
a pivot is expected but also there is a good chance to see its impact 90/180 days AFTER AND PRIOR of the eclipse
combining this with good money management and stoploss is suggested.
you can download the excel sheet from here.
http://www.mediafire.com/?iqp3g6k2ivug9ys
Justy! Thanks for the offer, as of now I am looking for a book which is T H E P O L A R I T Y F A C T O R by D a n i e l l e P r a n d e l l i,
if you have that let me know.
