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 |
| 02 Octubre | EURUSD H1. Yesterday 1.1030 level was not reached, so the reversal may occur from this level, without reaching the angle 1: 1. The screenshot indicates pivot by an ellipse area in both time and price. Time of a pivot point is 19:00 ± 3 hours, on the H4 pivot is on 16-hour candle. On H1, the | GBPUSD H1. We are looking for an entry point to buy in the area of 1.5093 - 1.5007. If until 12:00 the price does not start to move to the south, then on 12 hours candle on H4 we can expect impulse move down, and at 22:00 a turn to the north. If the price reaches the angle 1: 4 before 12:00, f | USDJPY H1. The price is very slowly moving toward the goal. Plan remains the same - growth with the first target at 121.09. Given the daily pivot point, today the price may exit the flat. Possible options: if the price moves up and reaches the level 121.09 ± 50 points, at 18:00 we should lo |
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