He is well-known for developing the technical analysis tools
and which is called Gann angles, Square of 9, Hexagon, and Circle of, 360 and
from another side William Delbert is considered Finance trader, he was born in
June 6, 1878 and died in June 18, 1955 he had lived for 77 years, in which he
presented to the world many value works.
His way in prediction of the market depends on geometry,
astrology, astronomy, and ancient mathematics.
Gann is also a writer who wrote a lot of books which speaks
about trading, and the point of views are separated and distinguished between
the relevance and value of Gann’s work.
William Gann’s father was a cotton farmer and William was
born in Lufkin, Texas. His first trading was in 1992 when he was 24 years old.
William is a religious man who trusted in scientific values
of Bible as the greatest religious book ever written.
We can discover that he a religious man through his books
which show that in repeatedly way, in the same time occupied 32nd as freemason
in the Scottish rite order, according to his known of ancient mathematics
through his studies of ancient Egyptian and Greek cultures.
Gann described the application of angles inside the stock
market in The Basis of My Forecasting Method (1935). Calculating a Gann angle
is the same as finding the derivative of any particular line using a chart in a
very simple way. Each geometrical angle (which can be really a line extended
into space) divides a serious amounts of price into proportionate parts. The
most important angle Gann referred to as the 1x1 or perhaps the 45° angle, that
he said represented one unit of price for starters unit of energy. If you draw
an excellent square after which draw a diagonal line derived from one of corner
from the square towards the other, you could have illustrated the concept from
the1x1 angle, which moves up some point per day.
There has become a general disagreement whether he made
profits by speculation himself. However, his famous Ticker Interview implies
that his claim that they can profits was as real as his documented forecasts.
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