Basics of Gann Analysis
techniques. Gann’s method of price forecasting works in most markets, but it ap-
pears to work especially well in the commodity markets.
Chapter 19 Review Questions
- Describe a few number systems that Gann used in his analysis.
- How would you calculate the most appropriate scale or trend rate for a par-
ticular market? - Explain how one squares the highs and the lows.
- What is the connection between squaring the range and price cycles?
- Briefly describe how Gann fan lines are created.
- What does the rule of all angles mean?
- Describe the various retracement approaches that Gann used in his analysis of
the markets. - Calculate, using the Square of Nine, the 90‐degree support and resistance for
a price peak at $310.
referenCes
Gann, W. D. 2008. Tunnel Thru the Air. The Richest Man in Babylon.
Gann, W. D. 2009 45 Years in Wall Street. Eastford, CT: Martino Fine Books.
Gann, W. D. 2008 Truth of the Stock Tape. The Richest Man in Babylon.
Gann, W. D. 2008 The Magic Word. New York: BN Publishing.
Gann, W. D. 2010 How to Make Profits Trading in Commodities. Eastford, CT: Martino
Fine Books.