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Interesting, simple, concise explanation - thank you for posting it.
Assuming that one has done the calculations, does one draw lines from the
origin e.g. 875 to the calculated points like a fan: e.g. 816.84, 760.67,
706.52, 654.36? Then does one look for turning points along the line or at
the plotted points? Does one limit these calculations to the most recent
pivot or do them for each pivot - most of the gann charts I've seen appear
to have lines drawn in all directions to all points giving the appearance
that a turning point could hardly miss?
Earl
-----Original Message-----
From: nwinski <nwinski@xxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, March 16, 1999 10:41 AM
Subject: Re: Gann Square
> Imagine viewing the Great Pyramid of Giza from the air just above
>its peak. Notice that
>if flattened, it forms a square with many blocks subdividing it. If one
>where to follow these blocks, starting from the ceneter, it would form a
>spiral. If you number these blocks, starting with 1,
>all the whole odd square numbers i.e. 9, 25, 49 etc. would line up on
>the same diagonal axis.
>It takes a factor of 2 to make one complete cycle around the square. A
>factor of 1 makes a 1/2 cycle.
>Here is the math involved using a $5 calculator. Take a number which
>repesents a low, i.e..9 , take its square root which = 3, then add 2 =
>5, then square this answer = 25. Notice that you have gone 1 cycle
>around the square. One can do this for ascending the square or
>descending the square including
>any number, not necessarily whole numbers. To descend the square, one
>would subtract a number of
>cycles from your base number, i.e. Gold at 875 -1 = 816..84, -2 =
>760.67, -3 = 706.52, -4 =654.36,
>-5 = 604.20, etc. This is a demonstration of the square of nine. There
>are others, but this is the one most commonly used.
> These squares can also be used to plot the planets and thereby
>determine where the planets and prices intercept to determine key price
>support and resistance levels.
> This is about the best I can do in a short e-mail. You can check
>the many Gann references for a more detailed view. However, it is not
>likely that they will give you the mathematical and Astrological
>use and backgroiund that I did.
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