About - W.D.Gann

Welcome to the Nifty Gann Analysis Blog , I have been a trader for last 4 years and i want to give others a opportunities that i have enjoyed - In particular - I want to promote the Trading  theories and practices of W.D.GANN and his System .

About W.D.Gann :





G -           Geometry 
A-            Astrology 
N-           Number vibration 
N-           Nature 

William D. Gann  was a pioneer in the area of time and price analysis of market activity. Born in Lufkin Texas in 1878, Gann's basic premise was the future is just a repetition of the past and that time governed all market movements. Gann traded with and taught time and price analysis methods that could predict market highs and lows. Gann reputedly had the knowledge to forecast the price and time of the yearly high and low for commodities and stocks. Each year Gann published a forecast for the following year. In 1928 he published a forecast of the date of the September 1929 US Stock Market High and that a Black Friday would occur A FULL YEAR IN ADVANCE. In 1932 he recommended buying stocks at the all time low in the Dow in June and July.

Gann and the creator of Elliott Wave theory - R.N. Elliott - shared some similar beliefs about market activity. Gann believed that Bull or Bear campaigns took 3 or 4 sections to complete the move. Elliott believed that there were 3 impulse waves in a Bull or Bear trend, with the possibility of an extended 5th Wave to give Gannís 4th section. Gann believed that markets most commonly retraced 1/2 (50%), 5/8s (62.5%) or 3/8s (37.5%) of the previous range. Elliott believed that markets most commonly retraced 61.8%, 50% or 38.2% of the previous range.

Gann was a rare mathematician. He was a student of numbers, number theory, and the progression of numbers. He often said his analysis theory was based on natural law and mathematics. Since time progresses as the earth turns on its axis, and time is measured by numbers and progressions of numbers, and since prices in their movement upward and downward are measured in numbers, we can understand why Gann had an intense interest in numbers, number theory, and mathematics. And remember….he did not have a personal computer, or even a handheld or desktop calculator-just a pencil.