Last Updated on 20 April, 2023 by Samuelsson
Facts about trading Gann theory
1. Gann Theory is a form of technical analysis that is used to identify and predict price movements in the financial markets.
2. It was developed by WD Gann, a legendary trader who made millions in the stock market.
3. Gann Theory is based on the concept of time/price relationships, which are used to identify support and resistance levels.
4. Gann Theory is based on the idea that prices move in predictable patterns and cycles, and can be used to forecast future price movements.
5. Gann Theory is often used in combination with other technical indicators, such as Fibonacci retracement, to improve accuracy and to confirm support and resistance levels.
6. Gann Theory is based on the use of angles, squares and circles to identify important support and resistance levels.
7. Gann Theory is used to identify major trend reversals, price breakouts and other important price movements.
8. Gann Theory is based on the idea that prices move in waves or cycles, and that these cycles can be used to predict future price movements.
9. Gann believed that price movements are governed by natural laws, which can be used to predict future price movements.
10. Gann Theory is used to identify important support and resistance levels and determine when a trend is likely to reverse.
11. Gann Theory is based on the concept of time/price squares, which are used to identify important support and resistance levels.
12. Gann Theory is based on the idea that markets move in a predictable pattern and that this pattern can be used to forecast future price movements.
13. Gann Theory is used to identify important support and resistance levels, predict trend reversals and forecast future price movements.
14. Gann Theory is based on the concept of the Square of Nine, which is used to identify important support and resistance levels.
15. Gann used a variety of mathematical formulas to identify price movements and forecast future price movements.
16. Gann Theory is based on the idea that prices move in waves or cycles, and that these cycles can be used to predict future price movements.
17. Gann Theory is used to identify important support and resistance levels and determine when a trend is likely to reverse.
18. Gann Theory is based on the concept of time/price ratios, which are used to identify important support and resistance levels.
19. Gann Theory is based on the idea that markets move in a predictable pattern and that this pattern can be used to forecast future price movements.
20. Gann Theory is based on the use of angles, squares and circles to identify important support and resistance levels.
21. Gann Theory is used to identify major trend reversals, price breakouts and other important price movements.
22. Gann Theory is based on the concept of the Square of Nine, which is used to identify important support and resistance levels.
23. Gann believed that price movements are governed by natural laws, which can be used to predict future price movements.
24. Gann Theory is often used in combination with other technical indicators, such as Fibonacci retracement, to improve accuracy and to confirm support and resistance levels.
25. Gann Theory is used by many professional traders to identify important price movements and make profitable trades.