12/31/2022 0 Comments W d gann time cyclesThe time to B is the square root of the price at B. If price meets the curve at point B, it will do so in 20 bars. The time to A is the square root of the price at A. With the prominent top or bottom at P, if price meets the curve at point A it will do so in 18 bars. This principle can be stated as ‘When price meets time, a change is imminent.’ This ‘price meets time’ relationship is shown in the following chart. Start a new time curve at this point in time, and it will give us an expectation for a future top or bottom to occur on this curve. The theory is that this signifi cant point has a mathematical counterpart. See Figure 1.įor the sake of illustration, let’s suppose a prominent top or bottom occurs at a price of 400. The time values of 10, 20, and 30 are marked by the three arrows. The above relationship between price and time can be plotted on a chart as shown in this illustration. Let me take this mathematical relationship and develop it in this article. (Note: Depending of the chart scale used, the line may or may not appear to be plotted at a 45 degree angle.) For years, I thought this is what Gann analysts meant by the phrase ‘squaring time and price.’ However, Don’s Pyrapoint method gave me a new insight, which is: The most important angle is 45 degrees, which means the line’s slope is one unit of price per unit of time. Gann’s geometric angles are trend lines drawn from prominent tops or bottoms at certain angles. I hope even Don will fi nd my article to be an original insight to substantiate the validity of his work. The purpose of this article is to take one idea used in Don’s work, and present it from a different approach, and yet arrive at the same useful conclusion. I am not in a position to appraise all the claims because I am not a Gann expert and have not read Gann’s writings.ĭon Hall has published a book and developed a system called Pyrapoint which seems to me to be well founded in Gann principles. Gann analysts have spent years pouring over old charts and writings in search of Gann’s secret, and there is no end to the number of people who claim to have discovered Gann’s insight and technique that has eluded everyone else. He developed a unique combination of precise mathematical and geometric principles which are not easy to grasp. Gann (1878-1955) was a legendary trader who designed several unique techniques for analyzing price charts.
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