|
TIME AND PRICE BALANCE ! S1 S2 F6 N: G+ i) \+ I
By recording the greatest reaction in Price, when the market is advancing and the
( Y0 S) ? D$ L( P! pgreatest Time Period of reaction occurs, you will be able to tell when the market is
2 W0 g! o& O( w" y' f6 fover-balanced.
" q6 a' W+ A0 }! R+ KExamples: November Beans, May 25, high 230. June 16, low 208, a Price decline
; U) \5 |+ l) Rof 22¢ per bushel, time 22 calendar days and 18 market days. June 21 to 24th, the
L+ D9 A# w, S1 r. R8 tmarket declined 3 days and the Price decline was 5-½¢. July 17, high 257½. July 1 F. C: d0 @+ B8 V4 h a o
19, low 240, a decline of 17½¢ per bushel in 2 days. Price had overbalanced the 5 u j/ Z- t; Q9 A
previous reaction, but Time had not over balanced.
" }# a" k6 m9 e; v) K3 S: u% YJuly 26, extreme high 272. this was a SIGNAL DAY and a GAP DAY which was
" f! E, K$ F- F, tan EXHAUST GAP, and you would have gotten out of the market and been short 3 @( U; u* Q B ~+ y2 d
on these rules. July 29, low 259½, a decline of 12½¢ in 3 days. This had % f8 L& u* ^+ M. L6 [& }
exceeded the Time Period of the reaction on June 19 and had over balanced the 5 f3 W$ h# f& r
Time. The decline continued to August 2, low 256, down 16¢ time 7 days. A 1-
. } t; c8 V$ V- E! Cday rally followed to August 3, high 261½ , up 5½¢, the same as the decline from 7 `7 Z! L* P2 [
June 21 to 24th. After August 3, the decline continued and when prices were down
0 y. h' B: E$ T+ `1 a& ^) n5 X. l! J# g! smore than 17½¢, they over balanced the Price decline from July 17 to 19th. After & |" w) M; B/ y" x! u! L# O
this, the decline was faster to August 15, low 236¼, a decline of 35-3/4¢ from 272. ) W4 ]# C, R9 H( b* P a$ J9 O' G
August 15 was a SIGNAL DAY and was also 60 days from June 16, low. This , V- ?% c' E1 P" P6 Q
was a buying indication where you would cover shorts and buy.
# L& h0 f! c* _From July 26 to August 15, the greatest rally was 2 days, and when Prices
) D' H" p/ a+ K; J6 Iadvanced for 3 days they had over balanced the Time Period, and indicated higher ( @2 Z& a' S" X
prices; and when Prices advanced more than 5½ ¢ per bushel they had over
0 U! e7 m) Z6 j2 wbalanced the Price rally.
) s5 U% ]" w( @ a$ z( Y; l% G k From August 15 to 30 there was only one 2-day reaction. On August 30 the high 4 J4 F- L5 m6 e7 V1 I
on November Beans was 254¼ , which was ½ point between 272 and 236¼. This ( J: s8 a6 v/ |8 T; F
½ point was the selling level where you would sell out long Beans and sell short. " k% ?& H+ ~, F( ?: o) B) ?
After Prices declined for 3 days they had over balanced the Time Period. The Price ; `! Z0 H1 X' S! q/ k- t/ }; m
advance from August 18 to 22nd was 5¢ per bushel; therefore, when Prices 3 q3 H4 ~( h. k$ N) ~
declined more than 5¢ they had over balanced the Price move of the previous rally. ( s) o$ l2 ^, m, Q
October 7 to 16 Prices made lower tops and lower bottoms each day and were
& p8 u) c2 a4 h0 d. \6 z. mdown 7 days. You would apply the 7 to 10-DAY RULE and follow the market
' G& [$ j: U5 ^6 \down with stop loss order 1¢ above each day’s high. On October 16 the high was
+ {1 D7 {3 E9 V* i229-3/4. This would make the stop loss order 230-3/4. However, after the
4 a \9 Q$ X* \( C4 e1 ~7 ~SIGNAL DAY, on October 16, you should have covered shorts and bought
1 P' C" y* P1 O$ H4 TNovember Beans because this SIGNAL DAY occurred on an exact Time Period
, F; X7 c+ N5 @2 r3 A& V4 s$ H1/3 of a year from the low of June 16. & `$ B8 H# [$ O# L: g
From October 16, low, a sharp advance followed and when Prices crossed 231½ ,
8 k# B8 r! u5 O, Lon October 18, which was the ½ point of the life of the option, you had another " r8 E& _$ y, k1 f! W% l4 v- N
SIGNAL TO BUY, and could expect the advance to Balance the move between 0 ?3 J1 ]$ ^4 p3 @# m& A" C, X
August 15 to 30th which was 18¢ per bushel. October 23, November Beans 5 l2 `) s- R: l* M% Y/ {- ~
advanced to 245-3/4 which was slightly more than 18¢ per bushel and then reacted
& Z6 i* l) ]$ T. p* W" K$ p2 {slightly, indicating higher Prices.
' ^3 E, T+ ?7 a By watching the Balancing of Time and Price, together with the other rules, it will
' s6 _/ M9 C2 Z- D5 |help you to determine when Prices are reaching Extreme Highs or Extreme Lows. " k0 Y7 n" I) h6 z6 }
THE W.D. GANN MASTER COMMODITIES COURSE
% W) \# r0 R+ O7 d$ I8 @7 E* ~& C1 l& I8 T% ^) j. T6 t, I
[本帖最后由 yay 于 2008-11-19 00:07 编辑 ] | 
|小黑屋|手机版|Archiver|【阳光飞狐】
( 网站ICP编号：京ICP备06013475号-7 )
发表于 2008-11-19 08:06:24
收藏
分享
发表于 2008-11-19 08:17:18
发表于 2008-11-19 09:26:40
发表于 2008-11-19 11:08:13
楼主
。你千万别笑。。真的。
