Gann theory is the complex of geometrical tools based on natural cyclicity allowing to determine time and price of reversal. He kept his elaborations secret and was able to forecast a reversal with a precision to one minute and 5 cents. After his death, a few notes of him were found and some of them are still not deciphered.
That's why Gann method is rather complicated. All you can find about it is a few notes by him and his adherents. No one book fully elucidates on his method, whereas only a complex approach may provide a result.
2015 | EURUSD | GBPUSD | USDJPY |
03 July | Н1. Growth took place from the angle 1:3. Thus, we are waiting for a further movement to the North with the first target in 12th figure. As long as the price is above 1:3, only North remains as the direction. Breakthrough of this angle will change the outlook with the angle 1:4 as the target on the | Н1. Taking into account yesterday's pivot point, North remains to be the prior direction, but swing structure can bring a narrow flat today. Intraday reversals with Н1 timeframe according to terminal time of FreshForex: 07:00, 15:00. Reversals of current week under H4 timeframe (numerology) June 30 | Н1. The angle 2:3 has been almost accomplished. So, we are waiting when the price hits it. If today it is not broken, we will wait a growth to resume the next week. Breaking this angle brings the target on the level of 50-70 p under the angle. Usually the first attempt is not enough to do that. Hitt |
02 July | |||
30 June | |||
29 June |