WILLIAM GANN THE LENGEDERY TRADER

William D. Gann was a trader of the early 20th century. His abilities for profiting form the stock and commodity markets remain unchallenged. Gann’s methods of technical analysis for projecting both price and time targets are unique. Even today, his methods have yet to be fully duplicated.

100 years ago, the legendary trader W. D. Gann used financial astrology to pinpoint prices in his market forecasts, and reportedly made over $55 million in his lifetime.
His successes are legendary. Gann literally converted small accounts into fortunes, increasing their net balances by several hundred percent. There are numerous examples of his trading successes, among which are these:

1908 – a $130 account increased to $12,000 in 30 days.
1923 – a $973 account increased to $30,000 in 60 days.
1933 – 479 trades were made with 422 being profitable. This is an accuracy of 88% and 4000% profit.
1946 – A 3-month net profit of $13,000 from starting capital of $4500

GANN WAS THE OWNER OF PRIVATE PLANE...AT THAT TIME 

GANN'S MOST TECHNICALS RESEARCH  ARE BASED ON GEOMETRY...

Gann’s trading methods are based on personal beliefs of a natural order existing for everything in the universe. Gann was part of a family with strong religious beliefs. As a result, Gann would often use Biblical passages as a basis for not only his life, but his trading methods. A passage often quoted by Gann was this from Ecclesiastes 1:9 - 10:...He strongly believe in astrology also...his method yet fully not revealed but part of his astrological work, now a days big analysts use it.

Certain price reactions are found to occur during specific times. The actual TYPE of price reaction can be anticipated, and pre-determined, by using Gann time rules.
Gann time periods last not only days or weeks, but months and even years. Gann’s trading year is first divided in half, equivalent to 6 months or 26 weeks. The year is then divided by eighths, and then by sixteenths. And then, after you think you understand all of this, you find that Gann’s year is also divided by thirds.

WHY TO USE ELLIOTT WAVE AND GANN TECHNIQUES

WHY TO USE ELLIOTT WAVE AND GANN TECHNIQUES

The supremacy of Elliottwave and Gann methods over basic technical tools is unbelievable..

Elliott's theory is somewhat based on the Dow theory in that stock prices move in waves. Because of the "fractal" nature of markets, however, Elliott was able to break down and analyze them in much greater detail. Fractals are mathematical structures, which on an ever-smaller scale infinitely repeat themselves. Elliott discovered stock-trading patterns were structured in the same way.

While the Gann method famous for it's accuracy and time predictions..Gann theory is the only theory which has the time tools included....basic technicals is just like the small part of big picture of market.it can not identify the exact time factors...other problem is it's accuracy..as it is based on current picture only and ignores the big picture.Nature of market always reaction of big time frame based on macro economics factors..both Elliott and Gann method's base is economics cycles, so more effective.

On accuracy front one can get exact exit levels using both methods..as for example both methods exit points are 6350 in 2011 November...and both suggested big correction of more than 1000 points for at least 6 months time minimum correction time...what happened everyone knows nifty made 6338 high and correction of big time frame start..hardly 12 points shorter than their targets..this kind of big time frame predictions is almost impossible with conventional basic tools.And if you don't knows big picture it is  impossible to trade in small time frame also with high success ratio..which is required to make money in this market.

Very few people knows this theories..mostly highly qualified managers of fund houses.They are mostly M.B.A's and C.A s of IIM ,OXFORD and CAMBRIDGE etc big Universities,,, this FII and DII managers are well equipped with this theories..because they got special training of this theories so that they can stay ahead of common people...as basic tools popularity is increasing day by day among common small city level traders too.The trading levels of this advanced theories is different than prevailing popular technicals ...and trading activities of managers totally based on this theory's soft wares, so this is the main reason of common technicals traders stop loss level  triggers ...because of the totally different levels traded by this big heads.