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Stocks & Commodities V. 25:13 (10-12): Forex Focus: Targeting Price And Time With Gann by Cornelius Luca
Stocks & Commodities V. 25:13 (10-12): Forex Focus: Targeting Price And Time With Gann by Cornelius Luca
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Forex Focus: Targeting Price And Time With Gann by Cornelius Luca
Want to improve your trading performance? Heres a look at some of W.D. Ganns methods.
Stocks and commodities trader William Delbert Gann (18781955) made fortunes before, during, and after the stock market crash of 1929. His success was facilitated by set complex mathematical methods that combined time and price analysis. While his fans and retracement ratios have gained increasing access and understanding, some of Ganns methods are not as popular or clear, though they still are worth examining. Let us look at some of these methods that can enhance your trading performance.
SQUARING OF PRICE AND TIME
The squaring of price and time refers to Ganns technique that translates a significant high or low price for a currency pair into time units, anywhere from days to years. It then adds these time periods to the day the significant price was reached. When the calculated time target is reached, time and price are squared, and the currency should reverse.
Want to improve your trading performance? Heres a look at some of W.D. Ganns methods.
Stocks and commodities trader William Delbert Gann (18781955) made fortunes before, during, and after the stock market crash of 1929. His success was facilitated by set complex mathematical methods that combined time and price analysis. While his fans and retracement ratios have gained increasing access and understanding, some of Ganns methods are not as popular or clear, though they still are worth examining. Let us look at some of these methods that can enhance your trading performance.
SQUARING OF PRICE AND TIME
The squaring of price and time refers to Ganns technique that translates a significant high or low price for a currency pair into time units, anywhere from days to years. It then adds these time periods to the day the significant price was reached. When the calculated time target is reached, time and price are squared, and the currency should reverse.
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