WHO IS W.D. Gann ?

 W.D. Gann, also known as William Delbert Gann, was a prominent trader and analyst in the early 20th century. He is famous for his work in technical analysis and his theories on market forecasting and trading strategies. Gann developed several unique trading techniques, including the use of geometric patterns, angles, and time cycles to predict future price movements in financial markets.

One of Gann's notable contributions was his concept of "Gann angles" or "Gann lines." These angles were drawn on charts to indicate the relationship between price and time. Gann believed that certain angles, such as 45 degrees or 90 degrees, had significant meaning in determining future price trends. Traders who followed Gann's methods would use these angles as indicators to make trading decisions.

Gann also emphasized the importance of time cycles in market analysis. He believed that the markets followed repeating patterns and that specific time intervals could be used to predict future price movements. Gann used various techniques, such as squaring price and time, to identify key turning points in the markets.

In addition to his trading techniques, Gann also wrote extensively on trading and market analysis. Some of his notable books include "The Truth of the Stock Tape" (1923), "The Tunnel Thru the Air" (1927), and "45 Years in Wall Street" (1949). These books provided insights into his trading strategies and concepts.

It's worth noting that while Gann's theories and techniques have a dedicated following, they also have their share of critics. Some traders find his methods complex and difficult to apply consistently. Moreover, Gann's ideas often rely on subjective interpretations and can be open to different interpretations.

Overall, W.D. Gann made significant contributions to the field of technical analysis and developed unique trading techniques that continue to be studied and applied by traders today.