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17 Principles of W.D.Gann That Will Discipline Your Trading Style

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If you have been studying and practicing technical analysis for a while now or

you are a trader, you must have heard or seen the name of W.D. Gann and his
theory for trading. Even your list of indicators will have the name of Gann at
least once. Well, who was Gann? Why is he sought out even after 60 years of
17 Principles
his death? Let us findof
out.W.D.Gann that will discipline
your trading style
William Delbert Gannor WD Gann was born on June 6, 1878. As a finance
trader, he started his trading career in 1902 when he was 24. He developed
numerous technical analysis tools such as the WD Gann Angles, Circle of 360,
Square of 9, Hexagon and many others. Most of his works are based on
astronomy, geometry, astrology and ancient mathematics. Most of these were
so powerful, that they are used widely by traders even today. Gann theory on
intraday trading is one of the most successful method for day traders now.

Among the many indicators and technical tools, WD Gann laid down some basic rules to be
followed for trading: –
1. If the high price of the entire week is achieved on Friday, expect higher prices next
week.
1. If the low price of the entire week is achieved on Friday, expect much lower price
next week.
1. In a highly uptrending market weekly low is achieved on Tuesday.
1. If the market is in a strong downtrend (if the main trend is down), the weekly highs
are generally achieved on Wednesday.
1. When the price crosses the high of the last four weeks, it’s an advance indication of
more higher prices.
1. When the price breached the low of the last four weeks, it’s an advance indication of

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