HOW TO USE THE MASTER CALCULATOR ?0 r+ a, e& C6 G8 ?& F) s" T4 |( z; H
MAY SOYBEANS8 h8 S0 C8 z* K; D
[May 1953 version]9 O& C% @; V8 Y& w4 H# s
First it is important to know how to use the scale for prices. The scale is the
% x; U& y7 P8 z$ Q5 Z8 Z) xsame for grain, for all grains and stocks. The scale on the left side of the% Q4 m1 m1 E: S8 d
calculator runs from 0 to 144. If the price is above 144, you subtract 144
' y/ t7 k) W- [and then place the scale in the correct position.
; u# E. u0 @5 `* @% Z$ z1 P4 MEXAMPLE: When May Beans is selling above 288, this is 2 squares of 144" B% A* F/ u; w' ^5 x
up from 0 and you place the Master Calculator with 0 on 288 at the time of
0 t" }2 H, y1 _0 l6 yany important high or low levels and you get the correct position and the/ f. |5 ] S1 a
indicated trend on the Daily, Weekly or Monthly Charts.
( l5 L3 v' E( i7 k1 CThe scale on each side running from 0 up to 4320 is for Cotton, Eggs and
$ C8 ~" k# \) t V1 I5 Z& c# |' }other commodities. For Cotton on the Daily Chart using a 10 point scale
" O( @, n; _+ D1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a
4 |5 @; l7 e5 G. @. lscale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the
}- @4 p6 e1 M: h4 tsecond square is 4320 and using a scale of 30 points for 1/8 inch on the' {5 R6 C% b1 A3 c: @( U* \* t+ k
Monthly Chart, the top of the Master Calculator at 144 equals the price of- N$ G0 g$ k' |& L8 x, Q
4320.) B6 B2 N H) |- U' s' ~
Using a 20 point scale the top of the chart equals 2880 and at 72 on the0 [& }3 `. q& }
second scale up, 72 equals 4320." A. A+ C# |3 {2 e: x0 w$ c4 T7 q/ m
First it is always important to find out the price position in a square.2 X U: O7 Y" d- p: S5 g2 j
EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is7 o! |, u9 M+ o$ V$ e
432 and 4-3/4 in the 4th square.
# A# j# t3 Z( t0 e, a% E2 b+ KThe extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives5 s' G" O+ [7 ~# I
a range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
+ c1 q* R/ D- }9 |5 f9 alow of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-
0 ^+ R0 U. X! ?) u: @" @! h" _- N7 J3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.# Y, z( G5 v! @
THE W.D. GANN MASTER COMMODITIES COURSE9 N9 k- Z5 E W; w) A
(www.groups.yahoo.com/group/wheelsinthesky)
1 b3 ^! X2 E6 r9 s# W7 I0 E/ ]Page 295- v3 b! L& M+ F( D9 {" P% s# q$ ~
January 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.1 w- l, B5 D# z7 N9 I! x( L; z
A decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
; P- ?0 l1 P( Q2 X+ d/ Wa strong resistance level.* I2 j2 D: ]1 g4 m+ W. S
From the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives
' t. g( w( Q0 [% Q C- ?1 oan advance of 143-1/2 which was just inside this 1st square of 144 and was,
/ ?- u8 J2 }. @* Q/ `- V- \5 Rtherefore, a strong resistance and selling level. This price would come out at
* x$ Y4 k8 c+ x4 r2 L% H+ fthe top of the square at 144.
9 y! ^$ R# M; A' b" V4 H: A+ _1951 December 15th was 989 weeks from December 28, 1932.
- P g0 R2 l% B* w$ c% U# L3 p1952 August 16th was 1024 weeks from December 28, 1932. High May
: C# u) j1 O( ZBeans 314-1/2." X8 {/ F! _4 w! Z$ q& y! k
1952 December 6th was 1040 weeks from December 28, 1932. High 311.
+ k2 c+ u6 ?- z3 }3 N1953 February 13th low of 280, time 1050 weeks from December 28, 1932.
' @7 f, x/ ~$ h3 m4 f) {- z1953 March 21st was 1055 weeks from December 28, 1932.: w/ w5 ?5 f4 c! }
March 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle
1 \; m+ J8 D- Kof 360 days and this is 7/8 in the 2nd square of 144 making it important for a3 P6 `, |" M; c8 f# @
change in trend.8 d. N; S2 s- U1 U# _
To get the price on a Master Square of 144 we add 144 to 67 which gives. I* T9 H" U& o% B
211 and add 144 to 211 gives 355. This is the 5th square and ends on May: V _" _# h1 g1 |% @
16, 1953. This square is marked in green on the weekly chart.
: C6 m$ e0 i K7 V; SPRESENT POSITION OF MAY BEANS
) K4 H& f1 I* e( A; b- GAs referred to above, March 21st is 270 weeks from January 15, 1948. The
* M- s6 M& a! h2 y2nd square of 144 from the price of 44 is 332 and the 2nd square in price3 p6 Z% \3 [: D5 n
from 67 to 355.8 g, I' ^2 a( U h. c7 Z! _& k
March 19, 1953 will be 4 years from March, 1949 when the low was 210.
: A) F5 V( s5 A6 \" F2 G4 v3 v! fThis is an important date for a change in trend.
5 G( g& `- S, L4 p6 UTHE W.D. GANN MASTER COMMODITIES COURSE
/ I" l7 U) ]/ {: A(www.groups.yahoo.com/group/wheelsinthesky)* \- J4 Z$ |/ S. m+ s/ d
Page 296& k4 x6 @8 J6 X! P5 c5 Q# }/ Z+ Z
Note the green 45 degree angle moving down from 332 September 1, 1952
+ z# a+ E% z& V1 Ucrossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle
9 ~8 j% ~: ?: l$ O) `which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2
7 ]' H% w+ D0 i& O8 j- f5 Tx 1 angle from 311 high December 1952 crosses at 303-1/2 for the week& X, G8 a' W' F U. n. m% v) R
ending March 21st. This is a resistance and selling level protected with a
5 E8 u) ]5 G3 y* ^) D) H* @stop-loss order at 307.: r+ S& m7 E4 f1 z d& W
May Beans breaking 299 during the week ending March 21st will indicate, q- _& k+ m- n+ u; \
lower and breaking 295 they will be below the angle of 2 x 1 from October( m5 d1 j8 Y6 j5 k
16, 1950 when the low was 232-1/2. This will put them in a weaker, L; k, F" N |3 g, m2 ^
position. The 45 degree angle from 211 crosses at 296 for the week ending
. h9 _4 }8 r6 w( f+ s$ s9 EMarch 21, 1953 and if beans sell below this level they will be in a weaker
7 |# x4 j, c8 A- m! F$ Q( x3 rposition.7 z% i' i# b3 A1 i9 T- y
POSITION OF MAY BEANS ON THE MONTHLY CHART$ z" j1 R, l' T4 |. m! r$ c5 K
All of the 45 degree angles from important tops and bottoms have been5 s- T; m; t) @7 u! e: ~- t
placed on this chart and the 45 degree angles in green from 0 have also been
: r7 k# Y, @6 z0 [9 a5 aplaced on it.
2 `# h2 g1 V, H2 W4 k1 d% p# eAt 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948
" p( o5 f9 D$ Y- a6 F Emakes resistance at this price and the 2 x 1 from January 1948 extreme high
6 u1 S# S) n/ p9 zcrosses at 307 making 304 to 305 the selling level. The monthly chart also
4 X+ T" j1 ~. |+ A4 g4 Zshows that when the price is below 299 and 295 before or after March 20,1 q( Q* i9 C9 i6 c" v2 A, w1 O
1953 May Beans will be in a weaker position.
% C& y3 J4 G. K! ]& e9 P4 hCheck all of the time periods on the monthly charts of high and lows and5 r$ J1 z4 C% i9 X: Z
also on the weekly chart and you will see that between March 16th and 27th* N/ s9 y% |4 S( d( Q- g& u6 o) ]
is very important for a change in trend.
& u5 k2 D) G- h. [5 \! TBy placing the Master Calculator on the highs and lows on the monthly and
5 \1 V8 c S+ |, H6 y: eweekly chart you can see all of the indications as outlined above. After you# y% t+ p% `7 m8 _
practice with the Master Calculator you will soon learn to use it and it will: z2 K' ]8 [! }& Y9 M. q7 q5 V
not be necessary to put geometrical angles on your charts. However time
' n( `9 i( {% c0 Jperiods should all be kept up and you should check the Master Calculator to5 g6 y- L- {+ Z2 O7 U) B: d) G5 v
see that you have not made any mistakes in putting on the time periods from
# `' [, q7 F, g3 R5 r: W! N4 |) ~6 Pprevious high and low prices., ]7 n1 A5 Z y) M5 ~* O
THE W.D. GANN MASTER COMMODITIES COURSE. q/ T7 U9 a5 H2 J7 ]
(www.groups.yahoo.com/group/wheelsinthesky)
9 Z1 V. ^, d( I( ?! nPage 2976 z% U& T" E. H0 ^. [
MAY SOYBEANS DAILY CHART
7 h/ S7 T D# p/ a% OFrom the low of February 13, 1953, 280, the 45 degree angle crosses at 300
* k0 A3 F+ l5 Qon March 16th and the price has never closed below this angle since it closed$ Y; r- V8 U6 @8 }1 ] b8 ~
at 280 and the first day that it does close below it will indicate a decline. On
]! \+ ]* T, `: H3 N3 kMarch 18th this angle crosses at 302 on the 72nd Market Day from the last
. U- n0 L! b9 I$ F( H( @1 chigh of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from+ X; O1 V, F: j; X p k" f+ b
311 crosses at 301 on March 16th and crosses the 45 degree angle from 280- R8 P: K# O1 B' c; `5 L1 [
making it very important if the price should close at 299 or lower on March9 k7 n+ }2 w4 p$ S( H
16, 1953.
$ l; i' `7 v) a6 T/ u: xBy placing the Master Calculator on the daily high and low chart you can get
2 h( P4 K1 {' `, [# R) |+ Iall of these positions correctly. You will note that March 17, 1952 the high2 p) X D }! P J1 @
was 302 and the price declined to 281 on April 21st. This also makes March
- ?" Y6 B9 L* S1 E17, 1953 important for a change in trend and April 2nd will be important/ D: b& o* X1 Y9 Q$ m; Q6 b
because it will be 4 months from the high of 311 on December 2nd.& s1 U0 V" E( `- [6 B( E
________[signature]________
# W0 E. U: j3 t* HW.D. GANN
/ Y7 C' Y8 l% b0 YMarch 14, 1953
8 i1 f% D3 m6 }: i% kTHE W.D. GANN MASTER COMMODITIES COURSE
6 k$ f9 O' {8 O(www.groups.yahoo.com/group/wheelsinthesky)
4 X( X+ t, ?% F2 APage 298
; `* [. [/ O5 I1 ?8 e `=========================================原文 |