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Stock Market

Gann theory

Who was W.D. Gann?

William Delbert Gann (1878–1955) was a legendary American trader.

He believed markets are not random — they move according to natural laws, mathematics, geometry, astrology, and cycles.

Gann became famous for accurately predicting market moves with complex methods.

He left behind books like "Truth of the Stock Tape", "How to Make Profits in Commodities", and "Tunnel Thru The Air", where he hinted at his methods (but never fully revealed them)

Main Principles of W.D. Gann Theory

1. Price and Time Must Balance

Gann believed that time is as important as price.

A major market turn (top or bottom) usually happens when price and time reach a specific mathematical balance.

Example: If a stock moves up ₹100 in 90 days, Gann would look for another 90 days (time) and ₹100 (price) for symmetry.

2. Gann Angles and Gann Fan

Gann used angles drawn from important price points to forecast support and resistance.

The 1x1 angle (45°) was the most important — meaning one unit of price rises/falls per one unit of time.

Gann Angle Meaning
1x1 45° angle (perfect balance)
2x1 Steeper, 2 price units for every 1 time unit
1x2 Flatter, 1 price unit for every 2 time units

✤ A Gann Fan is simply multiple Gann angles plotted from a significant high or low.

If price stays above 1x1, it’s bullish.

If price falls below 1x1, it’s bearish.

3. Square of Nine

Gann developed a magical spiral called the Square of Nine — a chart where numbers spiral outward from a center point.

Traders use it to find :

    Key support/resistance levels

    Future price targets

    Important time cycles

How it works (very basic explanation) :

If a stock moves to a certain price, by looking at the 45°, 90°, 180°, 360° angles on the Square of Nine, you can find important future price levels.

4. Geometric Patterns

Gann believed that prices form geometri patterns over time.

    Example:

    Squares

    Triangles

    Circles

Using these patterns, he predicted the time when markets would change direction.

5. Cycle Theory (Natural Cycles)

Gann studied cycles of:

    Stock markets

    Commodity markets​

    Planetary movements (Astrology)

    Weather

    Wars and natural disasters

He believed history repeats because human emotions never change — and those emotions drive markets.

Common cycles Gann watched :

    30-year cycle

    60-year cycle

    90-year cycle

He connected these to major market crashes, wars, and booms.

6. Astrology and Planetary Movements

Gann studied the influence of planets (like Jupiter and Saturn) on human behavior and market cycles.

For example, he used planetary aspects (angles between planets) to predict market turns.

This part of his theory is often called Financial Astrology.

Summary of W.D. Gann’s Approach

Markets move in repeatable patterns.

Mathematics, geometry, and time cycles can predict these patterns.

Angles and ratios reveal hidden support/resistance levels.

Astrological influences can affect trader psychology and market movements.

History repeats — by studying the past, you can predict the future.

Important Notes :

Gann’s methods are very complex. Many people misunderstand or simplify them too much.

Practice and deep study are needed to master Gann’s real techniques.

Some modern traders combine Gann’s ideas with modern technical analysis (like Fibonacci retracements).

Example (simple) :

Imagine a stock moves from ₹100 to ₹200 over 180 days.

You draw a 45° line (1x1) from ₹100.

If the price stays above that line — it’s a strong uptrend.

If it breaks below — it could signal a reversal.

You also check the Square of Nine to find the next resistance — maybe ₹225 or ₹250.

Conclusion:

W.D. Gann Theory is about mastering price, time, cycles, and patterns together to forecast market movements. It’s a mix of science, mathematics, and intuition.


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