Theory VD Gann

William Delbert Gann is considered one of the pioneers of technical analysis in online forex trading currency and market behavior. He has written several books on trading in securities and commodities and has developed a well-known "Gann Angles" and "Gann Fan".

Gann has developed several unique techniques to read price charts. His main theory used 3 parameters for design changes in prices and the direction of the market: structure, price and time. Pattern can identify their effect independently or together with other components and driven by various conditions. But best of all, when the parameters are balanced. The basic idea is that geometry's pattern of prices and angles have special qualities that can be used to predict prices in the future.

Gann believed that markets are subject to geometry, both in appearance and in operation, and they follow the laws of geometry, if expressed in the graphs. All of Gann's techniques require that the graphs display the same intervals of time and price. Raising prices in a certain period of time will always be equal to the angle of 45 degrees. Gann believed that the ideal balance between time and cost occurs when prices fall or grow at an angle of 45 degrees about the axis of time.