Gann’s Magic Numbers On GPRO

Several of you emailed in and asked that we post this GPRO daily chart from the webinar. Click the picture below to expand the chart.

W. D. Gann had a proprietary method of calculating a range and a measured move that was unique to each market instrument he traded. Once discovered, these measured moves and ranges would keep repeating over and over. Once Gann captured and calculated the unique vibration of each market, then the cycles, turn times, support and resistance all unfolded.

The “magic number” for GPRO is 33. Note how all the major moves in GPRO on the chart below are within pennies of 33, 16.5, etc. We actually calculated the number before looking at the ranges. It should be glaringly obvious like this when you have found a stock’s vibration- or you aren’t doing Gann. This technique was one of the basic building blocks of W. D. Gann’s technical analysis.

WD Gann trading

DISCLAIMER: The examples above are given as demonstrations of technical analysis and are not trading or investment advise.

No Comments Yet.

Leave a comment

You must be logged in to post a comment.

error: Content is protected !!