W.D. Gann Line Trading Methods >>

Price Squares

Price Squares are always a confusing topic for most gann students. When W.D. Gann mention cycles, he means squares - a normal square with equal 4 sizes. Apart from the time cycles, Gann used: Square of high >> Square of low >> Square of the range >>

Square of the Range
W.D. Gann consider square of the range is the most important price square. It is a gann method to forecast the time period that the price will change direction. By drawing the 45° angle from high down to the last significant low, that is the range in time. Vise versa from low to high. It is more important in weekly and monthly chart, in fact I only watch square of the range in weekly and monthly charts and once I spot the future days, I would mark that on my daily chart to look for a change in trend.

Square of the High
The point of high to use is the highest high from all data in history, if that is not applicable then use recent high or significant high in 5 - 10 years periods. The 50% has a very good implication in square of high as supprt or when break through as a resistance

Square of the low
A complete square should have 8th divisions (1/8, 1/4, 1/3, 3/8, 1/2, 5/8, 2/3, 3/4, 7/8) in both time and price scales >>

Gann mention there could be a change in everyone of these divisions. I never have time to do any study in the probabilities of these divisions. But I always keep an eye on the 50% division and the full square division.

Square of time and price
One of the important methods that most gann traders use is the square of time and price. Movement from one point in one square of 1/2 square in both time and price.>>

You can imagine a piece of art for someone trying to draw every square for the high, square for the low and square for the range on one chart. To make this job easy, all you have to do is to look at the angles (1x1, 1x2, 1x3...) draw from the high, the low and the range. For instance, a 1x1 gann line from the high down and the 45° angle line form zero up would intercept and give you the 1/2 square of time and price.

This is a weekly chart of S&P500, you can see the 2 squares drawed in white lines. The first square of time & price is a good exampleto show you how Gann sometimes does not work and this hapen quite often. The 1.5 square do works pretty well, in here you can go to the daily chart and try to position.

All charts in this site are random drawing so as to show you the real life situation while using W.D. Gann trading methods.

>> Division of Range Price Squares

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W.D. Gann Time Cycles
How to use gann time angles and squares in trading? Square of 52 in weekly charts, Square 144 in yearly charts, Square of 90,180 and 360 in daily charts. Which have the highest probability? When should you not to trust them?

W.D. Gann Line
Gann angles - How to apply to a chart? When to consider in trading? Which scale to use?

W.D. Gann Price Squares
Price Squares are always a confusing topic for most gann students. When W.D. Gann mention cycles, he means squares - a normal square with equal 4 sizes

W.D. Gann Division
Which division does it base on? What are the probabilities?

W.D. Gann Square of 9
How does the gann wheel works?

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