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gann45 how old are you and what profession, page-18

  1. 6,430 Posts.
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    UP,

    It would be fairly laborious for Gann45 to enlighten people on here with a post outlining the works of WD Gann.

    The background goes something like this.....

    WD Gann was a trader who in the 1920's, and 30's took over $50m out of the markets with his own system of determining market lows and highs well in advance of them occuring.
    He did about 30 odd years worth of hand drawn backcharting from which he devised some very complicated mathamatical formulas (he had a background in this) to predict future market lows and highs, and these were based on price and time movements, and the fact that he observed that the market repeats itself with these lows and highs through 360 degrees.

    There is an educational group in Aus who teach the work of WD Gann (as interpreted by David Bowden, who also took more than $50m out of the modern market, and who predicted the 87 crash to the day eleven months before it happened).
    I'm assuming gann45 has studied these teachings through SITM.

    It is quite pathetic to read on these threads the scorn and sarcasm engendered by someones age, and the apparent perception by the instigators that a particular depth of knowledge at said age is not possible. These people need to grow up.
 
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