HOW TO USE THE MASTER CALCULATOR# F6 I7 Y9 N4 Q! i2 `
MAY SOYBEANS# E4 W. ~9 Q( K
[May 1953 version]
% o5 t$ \$ T3 {- G! b+ l8 ], CFirst it is important to know how to use the scale for prices. The scale is the
( C( g. F t! P3 `same for grain, for all grains and stocks. The scale on the left side of the
* |; H% D O' Q/ {+ v* I0 ?calculator runs from 0 to 144. If the price is above 144, you subtract 144
% Z5 a6 O( x; n( f! _and then place the scale in the correct position.
4 _6 c+ R2 T2 K7 I% Q3 P l# _# F- q `EXAMPLE: When May Beans is selling above 288, this is 2 squares of 144
- \/ A# H, L$ k9 _. Uup from 0 and you place the Master Calculator with 0 on 288 at the time of
0 w) g; ~3 l0 @2 C! ~6 x8 n1 Wany important high or low levels and you get the correct position and the& V( D" h8 l0 e x7 T
indicated trend on the Daily, Weekly or Monthly Charts.
: d4 E8 N. f% l3 \The scale on each side running from 0 up to 4320 is for Cotton, Eggs and
. w$ |* {" I3 p0 d) N1 q- z* r# Zother commodities. For Cotton on the Daily Chart using a 10 point scale
/ @" S& A; @) e1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a4 H0 l+ u2 J' Z7 \2 ~6 H
scale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the. V3 M2 }7 ]* } ^* D! N8 l( Q$ p
second square is 4320 and using a scale of 30 points for 1/8 inch on the' w; Y3 U8 S9 q* Y$ ~
Monthly Chart, the top of the Master Calculator at 144 equals the price of
) q& R- Y% b1 L: j3 I4320.
# ~8 O/ W: S) c4 E" ~- [' hUsing a 20 point scale the top of the chart equals 2880 and at 72 on the
2 Y5 k& K) U) w( m- U9 q% zsecond scale up, 72 equals 4320.! X( a& \4 P. T2 w/ x3 U/ [, g
First it is always important to find out the price position in a square., D; v+ I% ^9 T9 r
EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is
6 z% T/ f' l/ {3 Z% k3 |432 and 4-3/4 in the 4th square.
8 y, d3 S5 C( Y0 R$ `6 f0 |. HThe extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives
7 r: P* H' ~8 U# h, Ca range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
8 g9 Z+ I; B9 u. A. ^, o2 jlow of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-
5 O. M7 u5 J! M( l1 C( o5 g5 l3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.& r @8 s* R% @' H" E! S
THE W.D. GANN MASTER COMMODITIES COURSE
. T% w' A$ p# Y; D/ K(www.groups.yahoo.com/group/wheelsinthesky)
9 u5 t) U& {7 P( U4 }* sPage 295
1 \- z0 T1 _. GJanuary 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.
% M5 m1 U8 O% m4 dA decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is" ~9 d T# u3 n6 U. H3 N
a strong resistance level.! R0 G( K: ]% N" \9 Z
From the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives
, |0 ]7 Q9 Y2 u0 T% Q/ uan advance of 143-1/2 which was just inside this 1st square of 144 and was,' l0 F. H3 _0 Q4 n# c
therefore, a strong resistance and selling level. This price would come out at
d0 f2 ^5 f( T2 [ Lthe top of the square at 144.
7 Z7 c' q% l4 M S% _/ Q* w9 X1951 December 15th was 989 weeks from December 28, 1932.5 h' t2 `4 E) F" O( K' E u
1952 August 16th was 1024 weeks from December 28, 1932. High May
0 D- `3 L1 X$ u, f% j! XBeans 314-1/2.
+ h E4 l2 k( C7 T) f. E; L# G1952 December 6th was 1040 weeks from December 28, 1932. High 311.
% l5 Y$ m4 m: U, P/ J1953 February 13th low of 280, time 1050 weeks from December 28, 1932.
( r5 z% [1 p/ a& l% z1953 March 21st was 1055 weeks from December 28, 1932., ~2 \9 t1 h0 r8 G) Q8 f: h
March 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle# H$ I$ C1 h$ |6 {& t
of 360 days and this is 7/8 in the 2nd square of 144 making it important for a
2 }" M3 R8 j5 [( `change in trend.2 Z0 J2 Q3 p% Q1 D5 g
To get the price on a Master Square of 144 we add 144 to 67 which gives
6 V- ^9 n& Q5 K, [211 and add 144 to 211 gives 355. This is the 5th square and ends on May
7 g) Y8 c) _6 x2 q+ R16, 1953. This square is marked in green on the weekly chart.3 S0 n; L5 k* h+ _, q
PRESENT POSITION OF MAY BEANS, Y: L4 u+ i; [" R. R0 z' q8 C
As referred to above, March 21st is 270 weeks from January 15, 1948. The
, u. y1 q0 z0 n; T7 k2nd square of 144 from the price of 44 is 332 and the 2nd square in price
. ]* P2 e0 V( B/ Zfrom 67 to 355.
# b. S- L8 O0 SMarch 19, 1953 will be 4 years from March, 1949 when the low was 210.
) [. j( {# G0 n! w: o5 C5 @2 rThis is an important date for a change in trend.
: W. E, {( I3 [( E4 rTHE W.D. GANN MASTER COMMODITIES COURSE' B. v& o: _+ {9 i9 ]* o
(www.groups.yahoo.com/group/wheelsinthesky)
3 B5 Z6 |8 H6 I) WPage 296
, m# T7 r; i, B# lNote the green 45 degree angle moving down from 332 September 1, 1952
, K) M% O4 S1 ^: [' {) v* Xcrossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle& s W. J4 V' P# p. d
which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2
4 w" j! T3 b8 h' M- s8 ?x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week
0 i, i+ s) g1 ]$ f' `& E+ M5 X6 oending March 21st. This is a resistance and selling level protected with a( m& _% @1 q) I7 G
stop-loss order at 307.
* R( u# n7 r( m# N( YMay Beans breaking 299 during the week ending March 21st will indicate* X; e& X5 ~5 d0 X' H& t3 K
lower and breaking 295 they will be below the angle of 2 x 1 from October0 Q2 c# g9 Z; ]2 |$ P/ K6 X
16, 1950 when the low was 232-1/2. This will put them in a weaker
4 V. ]; e9 U; n2 j& ^$ ^* E* K0 {position. The 45 degree angle from 211 crosses at 296 for the week ending" }! W* Y& W# i+ f
March 21, 1953 and if beans sell below this level they will be in a weaker2 u; M R4 n, Y5 V
position.1 }: C { T J4 J/ V* o0 ^
POSITION OF MAY BEANS ON THE MONTHLY CHART
" ~: i1 ^$ u$ q) g! z& GAll of the 45 degree angles from important tops and bottoms have been
, k) q" l6 _- @( j5 Qplaced on this chart and the 45 degree angles in green from 0 have also been8 j9 n0 h9 ~, |9 a6 |
placed on it.
4 @) T* u* Q, [6 x5 c$ Q2 D; JAt 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948; q6 G! C) ]4 n8 I
makes resistance at this price and the 2 x 1 from January 1948 extreme high
/ h7 Z( V% H/ J. x8 G9 Ecrosses at 307 making 304 to 305 the selling level. The monthly chart also7 X2 x. y: r, D& ^/ p/ G
shows that when the price is below 299 and 295 before or after March 20,
8 N* G3 _9 K* `( q6 a: A. |1953 May Beans will be in a weaker position.& U$ G$ O8 j' g
Check all of the time periods on the monthly charts of high and lows and. ^' p9 ~- N6 B; g8 V5 ^
also on the weekly chart and you will see that between March 16th and 27th
" m& C+ u! H J+ l3 \is very important for a change in trend.. h( Y8 { J( V8 f0 ?' A
By placing the Master Calculator on the highs and lows on the monthly and
! H8 X5 w* l7 n+ U, _- j7 @: aweekly chart you can see all of the indications as outlined above. After you
* J* z2 O- D" \) X; q$ kpractice with the Master Calculator you will soon learn to use it and it will
0 N8 k+ G3 ?1 B/ s$ \2 b$ z. w: R) Nnot be necessary to put geometrical angles on your charts. However time( ~5 M; @- e, z
periods should all be kept up and you should check the Master Calculator to2 H( ~+ E" C$ |5 Z
see that you have not made any mistakes in putting on the time periods from' T1 u; s$ _' p2 q+ E* f9 L' z- D8 Y
previous high and low prices.$ R) N- K! T c
THE W.D. GANN MASTER COMMODITIES COURSE6 k" m# C- m: C3 w' [1 M
(www.groups.yahoo.com/group/wheelsinthesky)
- T) c8 R' q% P& X8 w! WPage 297
$ M0 W l/ u0 K1 k8 lMAY SOYBEANS DAILY CHART
1 k( C/ B3 s. _7 _. x$ hFrom the low of February 13, 1953, 280, the 45 degree angle crosses at 300
. o' ?* Y) U4 l# o; n% q% s, Mon March 16th and the price has never closed below this angle since it closed
5 w' \# C7 j6 D1 j+ `at 280 and the first day that it does close below it will indicate a decline. On# F* C2 {3 J8 `: N3 |( r
March 18th this angle crosses at 302 on the 72nd Market Day from the last
2 ?* m: t- S* thigh of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from
1 h+ C: Q$ ^5 s# E' T% X+ b( j5 I% z311 crosses at 301 on March 16th and crosses the 45 degree angle from 2804 V9 p; D5 X- a3 y: w7 w
making it very important if the price should close at 299 or lower on March
4 [- f# ]: o0 W/ }9 h16, 1953.! i2 p2 o: B, R
By placing the Master Calculator on the daily high and low chart you can get9 M0 P' f- U9 n9 Z" s
all of these positions correctly. You will note that March 17, 1952 the high0 [# `3 Y" d$ ^5 e$ H
was 302 and the price declined to 281 on April 21st. This also makes March- b$ n; K3 `; K" o; I8 P
17, 1953 important for a change in trend and April 2nd will be important
- J0 z# x/ w$ O2 |4 b0 Z: Z9 I0 Jbecause it will be 4 months from the high of 311 on December 2nd.
& c, _' z- z* I+ n4 y) z________[signature]________0 R& {: R3 Y; ~/ |- Q
W.D. GANN
2 F( c0 u) w$ T Z+ P. W- N3 d# @March 14, 1953
7 ~( S6 P" S% O w! C9 ?+ L( bTHE W.D. GANN MASTER COMMODITIES COURSE$ Y: z; A' O2 x. L4 T8 n
(www.groups.yahoo.com/group/wheelsinthesky)
2 F6 p2 i7 d* m/ {' P; E, {4 ]* fPage 2986 Y# ~5 i9 F% Y
=========================================原文 |