Jump to content

W.D. Gann's Master Forecast Method


Bill Bundle

Recommended Posts

  • 1 year later...
On 10/18/2024 at 1:06 AM, E-Money said:

I don't have the course. Why would I waste the time or money?

He uses a non-Gann based methodology. He can call it whatever he wants.

Non_gann methods, but calling your forecasting service a Gann based service is actually false advertising and in many developed countries Illegal. So no, you cannot call it whatever you want.

Link to comment
Share on other sites

13 hours ago, itsmeok said:

Non_gann methods, but calling your forecasting service a Gann based service is actually false advertising and in many developed countries Illegal. So no, you cannot call it whatever you want.

LOL. Have fun suing the author in Israel.

Also, the course has disappeared from his website. Take it easy, OK.

Link to comment
Share on other sites

  • 1 month later...

Following on from my Oct 11 post above, here is the 2 month later update: https://imgur.com/a/Om0MChq

I have used DIA close (instead of DJIA close), as its less prone to extreme swings, to generate the green line of ongoing market action, thats why it looks slightly different. This is to give a smoother price action line as I am interested in Trend & TPs more than price.

The blue forecast line is exactly as cast in February 2024, unchanged from the last chart

However, as the price action has unfolded, I have realigned the forecast line forwards by 6 weeks - its still a good fit to the overall years price action, but with today’s market drop, lets see if it continues along the forecast projection - if so, market is moving down until end of Jan 2025

Notice that with this new alignment, if it proves by end Jan 2025 to be correct, there was a 6 week inversion in the markets vs the forecast in April 2024 - its not possible (asaik) to forecast an inversion, its just obvious after the fact, and thats a limitation of this forecast model in taking positions.

Again, No advice. No recommendation. No Warranty.

I will update again for interest in Jan 2025

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...