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William Delbert Gann is one of the mysterious traders. He is known for using geometry, astrology and ancient mathematics to predict events in historical events and the financial markets.
He became very popular in the trading world due to the accuracy of his methods
used in predicting the trends of the prices in the market. To determine the
patterns that the prices are taking, he made use of geometrical figures. Even
to this day traders still make use of the trading concepts which were developed
by W.D Gann throughout his trading career.
W.D Gann mentioned the use of time by the degrees concept in his market analysis. He also believed that the crucial price movements occurred when the price and time converged. Such points indicate the important trend
changes which are about to take place.
However, when the price and time were not in union, or when they did not
converge, then in such cases time always held priority over price. Time was
therefore an ultimate indicator.
Gann once quoted "Just remember one thing, whatever has happened in the past in the stock market and Wall Street will happen again. Advances in bull markets will
come in the future, and panics will come in the future, just as they have in
the past. This is the working out of a natural law".
Traders who would like to succeed in their trading endeavours will have to learn the concepts of Gann trading techniques. I3T3 Mega Webinar by Cautilya Capital Program provides WD Gann trading course. The trainer of this
course, also a student of David Bowden who is one of the expert Gann
practitioners in the world, has invested a significant amount of time in
learning Gann techniques. Learning from such a knowledgeable trainer helps you
to enhance your knowledge on trading with the concepts of Gann trading techniques.
Just like many other tools that are used by the traders, the Gann Trading Technique can be very effective when they are used properly. Traders are required to be open to understand the
concepts and the elements of price, pattern and time that includes the past,
present and the future whenever they trade in the market.
One of the other Gann trading technique concepts also made use of squaring the price into the time element and then squaring the time element into the price. This was done to determine the highs and the lows.
He also indicated the retracement levels through the geometrical figures in his chart. Traders for even this day still make use of the geometrical figures which represent the concepts of W.D Gann when it comes
to analyzing market movement. The geometric proportions which are practically
based on the circle, the square as well as on the triangle are still being used
by those who are trading in commodities and the stock market too.
To understand the concepts and practice Gann Trading Technique completely, it is required to attend a wd gann trading course from Cautilya Capital Program.
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