HOW TO USE THE MASTER CALCULATOR
9 n& h& y- y( u& L) R) B( yMAY SOYBEANS0 y7 s H( n+ a" ]$ @: `
[May 1953 version]
) c0 `9 u/ b' V' AFirst it is important to know how to use the scale for prices. The scale is the, H! j+ g( R( F, y
same for grain, for all grains and stocks. The scale on the left side of the
- {' J+ c( W" X3 D$ X) acalculator runs from 0 to 144. If the price is above 144, you subtract 144
& P( ]. @: {' M4 e/ m& ^, R9 `# uand then place the scale in the correct position.& y1 X% v' Y% Q- c4 x
EXAMPLE: When May Beans is selling above 288, this is 2 squares of 144% `; F) n8 W. w- y# H1 I$ S$ Q3 H' P
up from 0 and you place the Master Calculator with 0 on 288 at the time of* g @% p7 g2 o; z8 T$ M
any important high or low levels and you get the correct position and the
4 x6 K* V$ }* C- |- ~4 d7 R( ?indicated trend on the Daily, Weekly or Monthly Charts.
5 N, n+ I6 p' M( \& |+ CThe scale on each side running from 0 up to 4320 is for Cotton, Eggs and* f9 [* M5 P2 K9 ?) S/ Z$ M0 Q# \4 z
other commodities. For Cotton on the Daily Chart using a 10 point scale$ z& L# I- @5 U* h
1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a
# @9 ?9 @5 M$ V% V" a1 xscale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the U4 J# q2 T1 ]7 i, R' n
second square is 4320 and using a scale of 30 points for 1/8 inch on the0 l- m5 O4 D) X( x6 J1 O/ T
Monthly Chart, the top of the Master Calculator at 144 equals the price of
, D$ }+ x2 x* b/ D: [& K+ [8 ?4320. n2 G6 Y2 s+ W1 |5 @8 r9 P
Using a 20 point scale the top of the chart equals 2880 and at 72 on the
% }: c5 `: ~0 q/ a! G# \" asecond scale up, 72 equals 4320.
# y, w; i' q0 D0 w) Y& m6 u8 a- }First it is always important to find out the price position in a square.
5 w3 \2 P r, q bEXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is/ i' x/ h3 N# t0 |& i4 c
432 and 4-3/4 in the 4th square.# O/ L/ z& y! P& m6 I
The extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives
- Q0 B" S- K" l, ~7 Ba range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
h1 q; e) {$ Q; e0 s+ e: Dlow of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-& E: R2 `; ~% a
3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.
+ c( w& h* z6 q" OTHE W.D. GANN MASTER COMMODITIES COURSE
8 k5 g( q, ?& G, t9 l(www.groups.yahoo.com/group/wheelsinthesky)" [3 b; U1 U4 m# H# x
Page 295
6 N8 [# U& A3 z0 pJanuary 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.* z7 k# O- h8 {. u/ u: U0 M
A decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
9 P1 E2 n) J' h7 x, Ea strong resistance level.$ q. ]5 o3 ~1 i0 |! g/ p7 f3 ?3 q* e
From the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives8 @6 s) t7 }8 N2 |# Q/ e% E
an advance of 143-1/2 which was just inside this 1st square of 144 and was,8 `5 _' {& o3 ?7 ~7 d' z
therefore, a strong resistance and selling level. This price would come out at
: f' j- f* f- w' p% j) cthe top of the square at 144.# _2 g; k( ~. f0 E
1951 December 15th was 989 weeks from December 28, 1932.
$ I4 r. V9 h K3 n0 |% M9 L1952 August 16th was 1024 weeks from December 28, 1932. High May
8 ?& t/ u3 ~6 `+ dBeans 314-1/2.
- R3 H' ` z, E1952 December 6th was 1040 weeks from December 28, 1932. High 311./ S( c6 J8 x) x5 E( Y, d( \
1953 February 13th low of 280, time 1050 weeks from December 28, 1932.
7 {4 X. S8 I& M1953 March 21st was 1055 weeks from December 28, 1932.; g$ t1 F: r8 P* }2 a8 }
March 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle
& Z' O4 B/ c' A# Z9 Vof 360 days and this is 7/8 in the 2nd square of 144 making it important for a
/ N9 u7 l0 d) T0 U' ` ^change in trend.
0 y1 O) f* |( o- [6 rTo get the price on a Master Square of 144 we add 144 to 67 which gives
0 L) r: o: k# P0 A" C) a: D211 and add 144 to 211 gives 355. This is the 5th square and ends on May
" R4 h( C6 w) _16, 1953. This square is marked in green on the weekly chart.0 ?& G/ y* D! H3 D
PRESENT POSITION OF MAY BEANS
% Q6 b: ?2 q7 g& b8 |' a8 B9 A) vAs referred to above, March 21st is 270 weeks from January 15, 1948. The
k3 j W' w* b$ `+ b4 |* m% @: }9 _- f; \2nd square of 144 from the price of 44 is 332 and the 2nd square in price
5 A; \$ P: P4 ~from 67 to 355.% Q! o, X9 _6 O! l; {; R* J! Z
March 19, 1953 will be 4 years from March, 1949 when the low was 210.
& E3 u3 R0 Y2 Z6 j; {! nThis is an important date for a change in trend.
, s/ o8 W1 h! x, c8 vTHE W.D. GANN MASTER COMMODITIES COURSE
4 Q4 Z/ o4 N5 m% ~(www.groups.yahoo.com/group/wheelsinthesky)
. x5 ?- Y2 l& j8 O8 o: b$ \Page 2965 ~, m- ^$ i5 t+ C2 Q- ^! ^
Note the green 45 degree angle moving down from 332 September 1, 1952
! t5 x; d* G/ xcrossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle
8 \" Q% ]) ~" @which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2; D: f7 f8 C% s) d4 C! B3 _2 M. U
x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week& k" F8 J$ G `7 Z" O2 H: e
ending March 21st. This is a resistance and selling level protected with a# L$ |/ S) {. j
stop-loss order at 307.
' u: L7 m# S" g! pMay Beans breaking 299 during the week ending March 21st will indicate
7 t/ c( n: R8 s* n" olower and breaking 295 they will be below the angle of 2 x 1 from October
. I6 F' ]) y( ]16, 1950 when the low was 232-1/2. This will put them in a weaker
/ M2 ?% p" H3 E! }position. The 45 degree angle from 211 crosses at 296 for the week ending
2 B3 @( R; g, ~) a" {* F' sMarch 21, 1953 and if beans sell below this level they will be in a weaker3 C& H ~" }8 {0 a3 ~( h% W" b
position.
: P) v" o! l" e* ^+ HPOSITION OF MAY BEANS ON THE MONTHLY CHART
4 B' L+ j- U' S: H" K8 M& D' M% HAll of the 45 degree angles from important tops and bottoms have been% N* ~. u: p- W7 Y8 d
placed on this chart and the 45 degree angles in green from 0 have also been, H: a: ? U; Y: k. l P
placed on it., o8 S" G1 [$ K: X0 o5 g3 T. b/ m8 X6 a
At 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948
3 \# {" r6 C/ Q; S4 A9 w, _makes resistance at this price and the 2 x 1 from January 1948 extreme high! I& `1 ?* w# h8 k6 F
crosses at 307 making 304 to 305 the selling level. The monthly chart also* ?, X. i! o1 v) e$ ?$ k
shows that when the price is below 299 and 295 before or after March 20,
* y' o! f; j. c5 a* C1953 May Beans will be in a weaker position.' ?" [1 m7 m* n8 `4 }' C
Check all of the time periods on the monthly charts of high and lows and {+ ]; V! g; j, p/ J6 _
also on the weekly chart and you will see that between March 16th and 27th
[% X- v6 c+ j& Z$ n Uis very important for a change in trend.+ B" E' ?# R+ j
By placing the Master Calculator on the highs and lows on the monthly and
: i! X) h7 p) f( G& Wweekly chart you can see all of the indications as outlined above. After you
; ]. t9 o4 {# D* e' H; w# cpractice with the Master Calculator you will soon learn to use it and it will
3 }" U# p$ d+ } [0 u; L# Qnot be necessary to put geometrical angles on your charts. However time
J$ n7 V9 }8 h, ^periods should all be kept up and you should check the Master Calculator to
, O. p' b( W- psee that you have not made any mistakes in putting on the time periods from9 ?# z& K. V. A5 ^7 y y+ b
previous high and low prices.
$ U1 O, a" n" b1 B5 [* L% L# ~THE W.D. GANN MASTER COMMODITIES COURSE
" v% x2 x7 \: ~+ R1 |* ?: v(www.groups.yahoo.com/group/wheelsinthesky)
- y. I$ {) H' @3 Z q* u. P6 YPage 297
F, Z @. }6 T, R7 ?MAY SOYBEANS DAILY CHART0 z' s1 e4 Y+ p3 q/ P, E/ n
From the low of February 13, 1953, 280, the 45 degree angle crosses at 300) q% l5 w% f3 Z7 ^1 [2 n3 U
on March 16th and the price has never closed below this angle since it closed, `( }- B3 v5 O9 ]; ]$ F
at 280 and the first day that it does close below it will indicate a decline. On
3 M0 h4 J s7 x4 E( MMarch 18th this angle crosses at 302 on the 72nd Market Day from the last5 `7 f4 o. W, D9 a
high of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from
; R" y$ o- g2 ^5 s4 V; L; [* f311 crosses at 301 on March 16th and crosses the 45 degree angle from 280
* ^" h8 }, o/ e# E+ S$ u/ j9 Smaking it very important if the price should close at 299 or lower on March
+ o8 A4 K) s/ [& K5 e16, 1953.; }+ L6 d% a6 }
By placing the Master Calculator on the daily high and low chart you can get5 W: E+ s. d9 W6 P
all of these positions correctly. You will note that March 17, 1952 the high
1 l7 E9 E- _8 q" i, iwas 302 and the price declined to 281 on April 21st. This also makes March
/ B( o" F+ X5 @+ b% E. u8 ?7 g+ X2 ]17, 1953 important for a change in trend and April 2nd will be important w) Y0 F+ v# s3 s2 ~; ]
because it will be 4 months from the high of 311 on December 2nd.
4 b& f/ H0 b, e' ^6 _, }6 y________[signature]________
9 R: V6 A& h+ j* Y. G+ }W.D. GANN! M/ x% y9 m( f( ^: B1 b& m
March 14, 1953
3 C: B" X+ F( gTHE W.D. GANN MASTER COMMODITIES COURSE3 T3 R% L" {' @9 D0 j' Y; u
(www.groups.yahoo.com/group/wheelsinthesky)
1 k3 k' r% h3 p% B: U. E0 g0 mPage 298
4 T9 e" G1 h2 d* M* p1 p=========================================原文 |