In other words, these geometric angles lie between time (hour, day, and week) vs. Its estimation is based on the interfacing of these price levels. In which, the angles are drawn at different price levels. It indicates the past, present, and future characteristics of the stock price. Further, the Gann theory predicts the past value developments based on the progression of angles. It describes the past, present, and future outcomes of the market in the Gann Angles. The theory was defined by the American market theorist and trader William Delbert Gann in 1935.
Gann Theory or the Gann Angles is a particular type of method used by traders to predict pattern and price changes in the stock market.
This is why the IFMC team launched this new online stock trading course in WD GANN theory online for traders/investors who want to master profit-making techniques of WD Gann. An average trader is not likely to earn similar profits by using this theory without any knowledge. The technique is relatively easy to understand but difficult to apply. He believed that using this theory, anyone can predict future price movements. He also taught Gann angles to study different dimensions of support and resistance in conjunction with other technical analysis tools. These factors are further elevated in terms of short-term, long-term, mid-term etc. In 1908, he discovered a popular ‘market time factor’ theory based on three parameters which study the factors of price, time, and pattern. Willam Delbert is a renowned Wall Street finance trader. We’ve covered the theories, practicals, and Gann approach to make money with high probability through share trading.
This online course on WD Gann reveals - how to make good returns on the stock exchange.
WD Gann (Willam Delbert Gann), formulated promising tools and techniques for making profits in stock trading. Discover How to Use WD Gann Trading Strategies in a Simple to Understand Course