Gann said everything finds its natural vibration, its manner, its own characteristics.
W D Gann's superlative skill was his ability to forecast accurately the stock and commodity markets. His forecasting method was based upon what he called the Law of Vibration. Almost a hundred years (August 8th 1908) ago Gann made this most important discoveries, if not his most important discovery.
W D Gann Quote (Ticker Interview, more here)
..“Vibration is fundamental; nothing is exempt from this law; it is universal, therefore applicable to every class of phenomena on the globe"…."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”..
In the chart below, you can see price bouncing off walls of support and resistance (red channel lines), this shows price has 'managed moves', completed by very large players.
Of course channels can change over time, and move on different price angles (speed of advance). You can find these channels by simple trial and error over price. The more hits of price near support and resistance the more likely you have found the channel that is dominate.
Yes you can do the same with sine wave cycle analysis, but here we are using channels.
Chart 1 - BTC weekly
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Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
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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...
.."Money is made in tape reading [chart reading] by anticipating what is coming -- not by waiting till it happens and going with the crowd"...
Richard D Wyckoff
.."The stock market is filled with individuals who know the price of everything, but the value of nothing"..
Philip Fisher
..“The key to successful investing is having everyone agree with you — LATER.”..
Jim Grant
.."Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception"..
George Soros
.."Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic... There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it's the end of a bull market or the end of a bear market."...
Paul Tudor Jones