It is not often mentioned in the main stream press that W.D.Ganns success in trading was due to his belief that the positions of the planets was the cause of market movements.To prove to you that Gann really did use the positions of the planets
I thought it would be interesting to take a look at Ganns actual price chart for May Soybeans from the years 1948-1949 and see what techniques we could see him using on the chart.(scroll down for chart)
Top left is the astrological symbol for the planet Jupiter just at the beginning of a Jupiter
trend line(1) He started this trend line on the 4th of October 1948 when Jupiter was at 22 degrees Sagittarius. 22 degrees Sagittarius is also 262 degrees of the 360 degree circle.Ganns first price marking was at 262 cents and then he started moving his trendline up by 1 cent every time Jupiter moved by 1 degree.
The next interesting chart marking (2) is a line drawn along at 270 cents marking the price/degree where Jupiter would change signs from Sagittarius to Capricorn.A planet changing signs of the zodiac is known as ingress and this chart shows several planets ingress but he only marked Jupiters in this way.(3)Uranus and then (4) Venus and Mars ingress within one day of each other.He put a little cross on the day of the Mars crossing.
Each zodiac sign is 30 degrees of the circle. (360 degrees divided by 12 signs = 30 degrees) Gann marked 270 price for Jupiters ingress and then marked 15 cents below this (5) as well 30 cents lower (6) all potential price targets.
Another interesting trend line is created by the movement of the planet Mars (7) Mars moves
faster than Jupiter and this is reflected in the steeper slope of the Mars trend line.
There are a few light markings that are hard to see in a reprint like this but one of
them (9) is a little arrow pointing down when the moons nodes changed to 29 degrees of a new
sign.This is like a planetary ingress because the moons nodes run counter clockwise.
It is always fascinating to study this chart but planetary ingress was only a minor part of Ganns techniques, more important are the actual predictions that Gann made in his annual forecasts.
I made a comprehensive study of these and I was able to find the formula that he was using. In SUPER TIMING this formula is revealed in detail.
W.D. Gann