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1. Jesse Livermores Secret To Success

2. The great crash 1929

3. Dear NewBie Investor

4. How to win in the stock market

5. Commandments to follow

6. 10 Rules for Investing

7. How to survive a stock market crash

8. William J ONeil, CANSLIM

9. Dan Zanger, Wyckoff mark up trader

10. Barry Ritholtz keep it simple stupid

11. Gerald Loeb how to win

12. Paul Tudor Jones II

13. Felix Zulauf

14. Warren Buffett

15. Chuck Hughes 7 times World Trader Champion

16. Super Trader Karen

17. Reading the tape

18. Indicators Introduction

19. Richard Wyckoff method

20. Bob Evans, renowned Wyckoff teacher

21. William Gann method

22. William Gann life story

23. William Gann Law of Vibration

24. Jim Hurst method

25. Wyckoff method improved1

26. Wyckoff method improved2

27. Original Wyckoff and Wyckoff 2.0

28. Wyckoff 2.0 vs Others

29. Wyckoff 2.0 and Volume Spread Analysis

30. Powerful Patterns

31. Elliot Waves

32. Price Action

33. Market Statistics

34. Cycles for short term speculation

35. Stop Loss methods

36. Alpha Stock Scanner

37. Swing Scanner

38. Flash Charts

39. RTT Market Timer

40. RTT Wyckoff Short Term model

41. Chart Drawing Tools

42. Standard Indicators

43. Proprietary Indicators (PI)

44. PI: RTT TrendStatus

45. PI: RTT TrendPower

46. PI: RTT VolumeWave

47. PI: RTT PriceVolume

48. PI: RTT Rainbow Bands

49. PI: RTT Volume

50. PI: RTT MarketPulse

51. PI: RTT Wyckoff Strength Weakness

52. PI: Proprietary Indicators Caution

53. What we do?



         

Indicator Library
William Gann method
The originator of this method is from the writings of William D Gann (1878-1955)



Willian D Gann wd gann
From the age of 13, Gann traveled the trains selling cigars and newspapers. In so doing, he overheard many conversations on investing—he listened. Gann wondered if it were indeed possible to predict the future. Many conversations he had overheard seemed to revolve around predicting the prices that their cotton would bring. Was it possible?

Gann moved to New York in 1903 at the age of 25 and began working at a major Wall Street Brokerage house. During the First World War, he and his family moved from Manhattan to Brooklyn. Gann reportedly predicted the November 9, 1918 abdication of the Kaiser and the end of the war. W.D. Gann began by studying the basic principles of price patterns and philosophy on how to accumulate wealth, and keep it. After becoming successful, he wanted to know why and how markets, and numbers repeated under certain time cycles. This led to further studies of ancient geometry and astrology.This research led to Gann accumulating over 50 million dollars up until his death on the 18th June 1955 **.

** While there is some debate on Gann final fortune (please read Gann life story via the menu), it is widely accepted that Gann was most successful early on in his career, it is known that he accumulated profits over $100,000 in the 1950s using methods that we also like to use: Angles, percentages, support and resistance.

Gann methods are all about geometry within a price time series, all his methods are designed to find the influential geometry within a price chart. Gann technical tools include angles, lines, circles, cycles, percentages, square of nine, astrology to name a few. We find favor with Gann's angles, arcs, levels and percentages. You can learn more via our  videos.

Gann Angles
From the Gann book called "The WD Gann Master Stock Market Course" (see our education page) we reference chapter 4 "The basis of My Forecasting Method - Geometric Angles" where Gann explains the construction of his trading charts. Gann charts are a 1x1 with time and price. That means that the chart is square. So if a stock high was $28, then the price range (x-axis) would be 0 to 28 and the time range (y-axis) would be 28 days (weeks or months). You can use multiples of 10 to make the chart easier to use for example, change price to $280 and then time axis can have 280 days etc. The point is the chart must be square.

Gann Paper


Gann angles appear in many common software packages however they are reapportioned to fit with the computer chart provided (compared to the true paper square chart) and I am afraid they often are unable to present a true Gann chart. All computer charts are presented by an x-axis and y-axis made up of pixels, for example a chart may be 600 pixels wide (x-axis) and 600 pixels high (y-axis). A computerized Gann chart would require that pixels per price (y-axis) are equal to pixels per time (x-axis). Readtheticker.com charts allow you to determine a correct Gann chart construction.

It should be noted that Gann Angle theory is based loosely on astrology, here is the evidence:

Astrology Gann angles


How did Gann Trade with Angles: In short, he would buy and sell stocks subject to the the price action (or tests of support and resistance) around the angles (I refer you to Wyckoffian logic to understand price tests).

Here are some Gann examples using Gann angles and circles. I have highlight price 'tests' and 'breaks' that would have attracted trading attention from Mr W D Gann. Also notice that price reversal patterns are more hazardous than trends.

Example1

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Gann Angles USA Ten year bond


Example2

SPY Example



Gann Ratios to Degrees (Full Angles:Time x Price):8x1: 7.50, 4x1: 15.00, 2x1: 26.25, 1x1: 45.00, 1x2: 63.75, 1x4: 75.00, 1x8: 82.50
Gann Ratios to Degrees (Half Angles:Time x Price): 12x1: 3.75, 6x1: 5.75, 3x1: 18.75, 1x3: 71.25, 1x6: 84.37, 1x12: 86.25

The !TNX Gann chart above has these measurements (see small red box highlighted)
TimeToPrice: 1x1
PriceAdj: x100
PeriodsToPrice: 875 x 3.75 (the range from y axis high and low)
WidthToHeight: 875 x 375

To setup up a Gann chart you select the 'manual' scale method within an analysis chart.

The pixel width of 875 divided by the number of periods (days) is: 875/875 = 1
The pixel height 375 divide by the price (3.75 *PriceAdj) is: 375 / (3.75 *100) = 1
Therefore the resulting chart is a true square of time and price, exactly how William Gann himself would have used.

Angle and Arcs Setup: The arcs in the chart that follow are calculated off the high and low allocated to the indicator. Find the high and low from the impulse wave or break out wave, this is your first choice, the raw high and low of this impulse wave. If the raw high and low of the impulse wave renders a poor fit to the arcs to price action then adjust the days difference between the high and low of the impulse wave to a number of days that equal a Fibonacci number. This adjustment can either be down from high or up from low initially selected. This our preferred method of setup, each to their own.

Example

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Gann Angle Apple Computers


We are great fans of trading method known as Gunner24 (acquisition of their ebooks are worthwhile, we use the 'Gunner Detailed Action Sheet.pdf'). Their methods and interpretation of trends, Gann Angles and Arcs is very intelligent, worth your time to investigate. (We have no association with this service nor do we accept any risk if you decide to use it, please review our terms of use for this site)

Gann Percentages
Gann said 'every significant top and bottom have influence by way of geometry over future tops and bottoms'. They are all related! Find confluence of the percentage levels of a series of highs and lows to find strong support and resistance levels.

Percentage Sequences:
  Sequence1: 1.56, 3.125, 6.25, 12.50, 25.00, 50.00, 75.00 (continue with sequence4)
  Sequence2: 2.08, 4.16, 8.33, 16.66, 33.33, 66.66, 100.00, 133.33, 166.66, 200.00
  Sequence3: 2.34, 4.69, 9.37, 18.75, 37.50, 75.00
  Sequence4: 100.00, 125.00, 150.00, 175.00, 200.00, 225.00, 250.00, 275.00, 300.00 etc

Example

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Gann Percentages


Gann Levels

Gann would draw for major levels G1,G2,G3 and G4 on every chart. Gann new these levels would provide a strong influence over price action in the future. Knowing these levels ensured, if the price gets there, he would be ready.

Example

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AAPL Gann Levels


We are great fans of the methods of Gann Management Limited (acquisition of their ebooks is worthwhile, we use 'GannTreatise.pdf' and 'GannRuleBook.pdf'). We like their methods and interpretation of how to apply Gann percentages and levels. Worth your time to investigate. Subscribe to their free newsletter to see how they apply Gann Angles and Percentages. (We have no association with this service nor do we accept any risk if you decide to use it, please review our terms of use for this site).

 

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

.."After years of patient study I have proven to my entire satisfaction as well as demonstrated to others that vibration explains every possible phase and condition of the market."..

William D Gann


.."A market is the combined behavior of thousands of people responding to information, misinformation and whim"..

Kenneth Chang




Created on: 8/10/2010 11:43:56 PM GMT   Last Update: 9/18/2013 2:01:17 AM GMT Posted by: RTT
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We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund



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