Gann Fans & Kondratieff Waves by Koos van der Merwe
What’s in store for the markets in 2016? Here’s a look at two methods we can use to help predict critical reversal points in the market. We certainly shouldn’t bet our life on them, but in the past, they’ve come pretty close to what actually occurred. You be the judge.
In the years since the death of W.D. Gann in 1955, many traders have attempted to replicate his predictions and trading techniques, some successfully, but most without any success at all. When a friend of mine, David Ezekial, went to look at W.D. Gann’s study after Gann had passed away, he told me that he found a study filled with papers accumulated over a lifetime of research. None of what he read over the four hours he spent there going through many of the documents identified the single technique Gann had used to produce the remarkable results he achieved in his trading. Ezekial left the study disappointed at what he had not found...