Hallikers Inc
Parts of this book were reprinted from the copyrighted Ganntrader Software manual with permission of Peter Pich of the Gannsoft Publishing Company. Without Peter this book would not have been possible. The Ganntrader software program is unique and is made possible through the long hours of work from Peter. Parts of this book were reprinted from the Ganntrader Software manual with permission of Peter Pich of the Gannsoft Publishing Company. Phone 509 684-7637 No part of this publication may be...
The lx1 Angle
One of the most confusing parts of Gann's work has to do with the 1x1 angle or the so called 45 angle. A 1x1 angle in its simplest form rises at the rate of 1 cents or 1 per day, week or month. In Gann's day he was charting soybeans with a chart scale of 1 cent per grid line. He wrote in his commodity course about the 1x1 angle rising at 1 cent per day. In the same course he refers to it as the 45 angle. A chart line rising at the rate of 1 cent per day will be a 45 angle if and only if the...
The Live 1x1 Angle
Many Ganntraders use the Live 1x1 angle. In the Ganntrader you can set the Live 1x1 Angle selection under the Setup menu. It allows you to match the 1x1 to the markets actual moves. You can connect a major low to a major high, for example, and consider that the chart's natural angle. This feature works in conjunction with the Selected Angles mode. You must have at least one angle on the screen. 'Move To' the angle of interest and select Live 1x1 Angle under the Setup menu. Hold the Left mouse...
Adding Blank Space
You need room at the end of your chart to plot squares, angle lines and timing cycles. Some programs do not allow you to do this. If you have one of these programs, you probably need to get rid of it and switch to Ganntrader which allows it. Is is absolutely necessary to have this feature for any serious Gann studend. In the Ganntrader program can add extra blank grids to the end of the chart by simply hitting the lt gt and lt - gt keys on the keyboard or the numeric keypad. Each keystroke will...
Mirror Image Foldbacks
This feature is not a part of Gann's methods at least not as far as this author is aware. Michael Jenkins describes the method in his 2 excellent books The Geometry of Stock Market Profits and Chart Reading for Professional Traders as well as his Complete Stock Market Trading and Forecasting Course. He learned part of the technique from the late George Lindsay, a master technical analyst. All of Michael Jenkin's writings are available from Traders World and are highly recommended. Briefly Mr....
Holidays and Weekends
There are two ways to plot charts. One way is to have trading days plotted on the chart without weekends and holidays. The other way is to have trading days plotted on the chart with spaces for the weekends and holidays. Which way is better Probably plotting the trading days with spaces for the weekends and holidays is better. Time is continuous. It does not stop because the trading day stops. In the end both methods do come out about the same. There are 52 weeks in a year and 6 holidays....