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If you really want to learn the techniques of Gann, you are in for a great deal of study. It is a dangerous path for it will challenge every thought you have ever had about the markets and how they "work." But, if you are willing to put in the time, study with diligence and sift the wheat from the chaff, than you are on your way to a base of knowledge and technique that is far greater than any single school of trading thought available today. You may start your journey with the writings of Gann, himself. Lambert Gann publishing has many of his original materials available. Some will read what others have interpreted from Gann's original writings. This can be both good and bad. By word of advice, the tools that are readily available for mt4 are not worth the code in which they are written. Most have missed the essence of Gann's thought or are an interpretation (see above paragraph). If you choose to begin this journey, be forwarned, it is not any easy one. There are many perils along the way, but the end of the journey will hold great rewards. phase_1
Excellent post. I started studying Gann, Bayer, Cowan, Jenkins, etc about 2 years ago. Immediate result was blowing out. I hit my first forecast to within 2 days and a few pips from about 30 days prior. Basically got lucky and every trade after that was a disaster. My head was stuck between the esoteric and the traditional TA and it took blowing out to realize it isn't just about working out some numbers and drawing pretty pictures on the chart. It's about looking at the chart in a whole new way both visually and mentally. In my case, it took a complete life changing paradigm shift to finally "get it". With the esoteric trading it's not just numbers, but philosophy. Most people say it's just numeroligical horse sh*t as someone once said to me. It's not for everyone. And in the end trading is still about buying low selling how and minimizing losses. It doesn't take a Square of Nine to be good at it.
Anywho, I have had to take a few breaks away from trading to really study up on what the stuff means. The stuff Gann talks about is applied to trading, but has been present in history thorugh time emorrial to describe the workings and cycles of the universe from the astronomical to the sub atomic. But also cycles of human growth and understanding.
From a trading statement standpoint, I'm just getting back into it after a 6 month layoff. I"ve demoing the techniques for about a year and half and done very well. I made a stab at live trading them 6 months ago, and struggled with the pychology of live trading and needed to a break. I'm live again now after about 2 weeks of getting used to charts again. I'm keeping a blog of what I'm doing at
http://4xcycletrader.blogspot.com.
For some good info and a forum on the subjects, go here:
http://beginnertrader.com/forum2/
Plus you know my IM handle, so feel free to yahoo me anytime.
