WD GANN: ‘WHEELS WITHIN WHEELS’
WD GANN: “WHEELS WITHIN WHEELS”
The market master WD GANN referred in his teachings to ‘Wheels Within Wheels’.
The period within which Mr. Gann wrote used terminology that is a bit different to our present understanding of terms and was very biblically based. The term ‘wheels within wheels’ comes from a quotation of Ezekiel.
Our present understanding of WD Gann’s use of this term applied to price charts and the Stock & Commodity markets could best be translated as the concept of CYCLES.
To be even more precise, as cycles that take place within larger cycles in a market.
An illustration of this can be seen in the present US DOLLAR price movements as shown on it’s chart seen below:
The larger cycle or main ‘WHEEL’ for the US DOLLAR is the upwards cycle it’s now enjoying illustrated by the red arrow on the chart.
The green shaded rectangle contains the price action since the low of November last.
The separate daily price bars have made many smaller tops & bottoms within the rectangle. These have been shown with the orange lines showing tops & bottoms along the way.
These smaller cycles shown in orange are the ‘wheels within the larger wheel’ shown by the red arrow.
It’s important to understand the basic terminology of the times of WD GANN when seeking out understanding of his methods and writings. It’s amazing how much language has changed over the last 90-years or so since Mr. Gann’s early writings.
And, not language only, but the context provided by the prevalent literature of the period which constituted the culture of the late 1800′s and early 1900′s.
The Bible was a foundational source of literature in that time period and, by Gann’s own admissions, was a critical part of his wisdom base and Gann quoted from it often.
Mr. Gann was able to separate and extract market useable Natural Laws from this book entirely apart from religion. He was searching for structure within the literature and Truth from the metaphors.
He found it.
For our Members & any who would like to know where the next US DOLLAR top is highly likely to take place, see the chart below.
There’s also a new Harrison-Gann Secrets Course testimonial posted for those of you interested in starting that program.
This private testimonial is reserved for those interested enough to join the money tigers group.
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Hello Members and Happy New Year!
I’ve added a red rectangle to the top of the chart seen above which illustrates the next top area for the US DOLLAR.
EXPECTED SELL PRICE:
The next expected top price where a SELL area will appear for the money tiger crowd is around 82.00 for the US DOLLAR.
This price target in no way limits the actions of the market, but, the longer-term ‘wheel’ is carrying this market upwards in price and has the greater momentum working in it’s favor.
The larger ‘wheel’ would begin to grind to a halt if prices for the US DOLLAR closed below the bottom of the green rectangle.
It’s wise to allow for more than a single bar at any time frame to set the trend, but, the first bar to break the momentum line will be a strong alarm of change to come.
Thanks for your interest and have a great weekend. - George
Here’s that recent Testimonial from one of the students of the Harrison-Gann Secrets Course:
My purpose on this website is to re-introduce these ‘lost’ WD GANN methods to new generations of traders and investors by giving some examples of what they can accomplish without the need for software, calculators or even computers if one found themselves in that situation.
A price chart with enough price history is all you need to implement this or any of the many other techniques that you’ll find within the Harrison-Gann Secrets Course.
The easiest way to get started and the first step is by purchasing the EXCALIBUR METHOD program.
This will reveal hidden information on your price charts that will show upcoming BUY & SELL price points as well as hidden ‘lines of intention’ or momentum that underlies every market and, which can be extracted from every price chart.
You can do this without software or even a computer and, it’s elegant in it’s simplicity.
One of the reasons the standard trading software tools don’t work effectively and consistently is that they’re based on seemingly ‘logical’ assumptions about the markets and their movements. Unfortunately, it’s a faulty ‘logic’ that’s not based on the same system that WD GANN used in his methods and writings.
WD GANN used Natural Law based approaches to his analysis and most of those ‘Laws’ are unknown to today’s traders and certainly aren’t taught within the school system.
WD GANN discovered this Truth, and, I’ve been privileged to re-discover much of it myself over these past decades.
Have a relaxing weekend, - George
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