Below research highlights application of Gann square of nine along with 35 days cycle on which there has been a big red candle formation.
W.
D. Gann found various unorthodox methods in order
to forecasts the markets. He had amazing records showing gains across asset
class – Equity, Commodity, Agri and more. There are various different methods
followed and I am showcasing one of them shown below in order to time the
markets. For price confirmation and patterns I prefer using Elliott wave, Neo
wave methods and for Timing we can rely on one of Gann’s method shown below.
Nifty
daily chart with Calendar days
The above chart shows Gann time cycles
followed on the 90 degree on Square of Nine. You can read our earlier post on Square of Nine. These Gann cycles are applied
on Calendar days and not trading days. It helps to understand short term
reversal for few days and at times major tops or bottoms. From the above chart
we can clearly see that 190th day marked very important top for
Nifty post which the downtrend started. As of now from the lows of 7900 levels
we have continued to see alternate period tops and bottoms. These tops and
bottoms are not that major but have still resulted into 2 to 3 days of
reversal. Nevertheless it helps in timing the market. Even the recent lows as
per Gann cycle resulted into two days of up move.
35
days Time cycle: This cycle marked on the calendar
chart of Nifty shows a big red bar formation every 34th or 35th
day. Infact on all of the occasions Nifty opened higher on these days and closed
negative forming a big red candle.
These are minor observations but very
important as it helps to time the market probably to the day. We do not use
only Time cycles but combine them with pattern analysis using Neo wave – Advanced Elliott wave methods.
Also Hurst’s time cycles help us to
find important tops and bottoms and intermittent movement can be found using Gann cycles.
Simply imagine the power if we are able to
understand the pattern under formation using these cycles and combining it with
Neo wave. Forecasting is all about probability and cycles are always tricky as
they can vanish without prior indication but when they works in sync that is
the scenario to go all in!!!
Training
on Time cycles using Gann, Hurst’s method combining with Neo wave – Advanced
Elliott wave – Attend the two days seminar on 18th
and 19th March 2017 – Most advanced technical analysis training
ever. These methods are not easy to implement so you can share across your
charts and findings on our Discussion Forums and get inputs to keep the
learning ongoing in most practical ways. More details on Neo wave and Time cycles. Limited Seats available. This can be
one of the best investments you can make!
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