Forex Focus: Targeting Price And Time With Gann by Cornelius Luca
Want to improve your trading
performance? Hereís a look at
some of W.D. Gannís methods.
Stocks and commodities
trader William Delbert
Gann (1878Ė1955) made
fortunes before, during, and after the stock market crash of
1929. His success was facilitated by
set complex mathematical methods
that combined time and price analysis.
While his fans and retracement
ratios have gained increasing access
and understanding, some of Gannís
methods are not as popular or clear, though they still are worth examining. Let us look at some of
these methods that can enhance your trading performance.
SQUARING OF PRICE AND TIME
The squaring of price and time refers to Gannís technique that
translates a significant high or low price for a currency pair
into time units, anywhere from days to years. It then adds
these time periods to the day the significant price was reached.
When the calculated time target is reached, time and price are
squared, and the currency should reverse.