Unlocking W. D. Gann's Methods: How Gann's Methods Are Applicable to Today's Trading

William Delbert Gann (1878-1955) was a famous American economist and stock market analyst in New York City in the early twentieth century. Gann, a finance trader, developed several technical analysis methods, including the "Gann angles" and the Master Charts, the latter being a collective name for his various tools like the Square of Nine, the Hexagon Chart, and the Circle of 360. His market forecasting methods were based on numerology and ancient mathematics and are considered timeless. That said, a singular problem with applying Gann material lies with the correct use of Gann's points. If you are an avid Gann reader, you will know that Gann often said to put a stop-loss order on your purchases or shorts of stock at least 3 points away, and 5 points away from your entry price at maximum. Throughout his material he consistently uses points for referencing the trend, the risk management, etc. However, if you apply these Gann numbers to a random stock, it will be unlikely to work. Through my experience, I have found that every stock vibrates to a number, and using the method in this book, you can derive the number of points for that stock relating to 1 Gann point (which refers to Gann's use of "1 point" in his book). It's a simple method that requires hard work to track the number vibration, but once you have the vibration and reread Gann's material, you can begin to understand most of the things he is writing. However, if you don't understand Gann's 1 point, his books and his works remain closed—every bit of it. The key is to understand the vibration of the stock you are dealing with. This book endeavors to show you how to derive the vibration of a stock and apply it. Included in this book is a detailed description of how I conduct my daily routine with Gann charts and a walkthrough of how I trade using Gann's methods on the stock Netflix (Ticker symbol NFLX). The S&P 500 index chart as well as Netflix chart based on Gann's three day chart, 9 point chart, overnight chart and the weekly chart are included in this book. All charts are made using the Trading View charting programme. Do note we will also explore in this book how to set-up "Gann Fans" and the Square of 52 correctly on your charting programme of choice.