TIME AND PRICE BALANCE(时间与价格平衡)

yay

TIME AND PRICE BALANCE

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By recording the greatest reaction in Price, when the market is advancing and the

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greatest Time Period of reaction occurs, you will be able to tell when the market is

over-balanced.

Examples: November Beans, May 25, high 230. June 16, low 208, a Price decline

of 22¢ per bushel, time 22 calendar days and 18 market days. June 21 to 24th, the

market declined 3 days and the Price decline was 5-½¢. July 17, high 257½. July

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19, low 240, a decline of 17½¢ per bushel in 2 days. Price had overbalanced the

previous reaction, but Time had not over balanced.

July 26, extreme high 272. this was a SIGNAL DAY and a GAP DAY which was

an EXHAUST GAP, and you would have gotten out of the market and been short

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on these rules. July 29, low 259½, a decline of 12½¢ in 3 days. This had

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exceeded the Time Period of the reaction on June 19 and had over balanced the

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Time. The decline continued to August 2, low 256, down 16¢ time 7 days. A 1-

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day rally followed to August 3, high 261½ , up 5½¢, the same as the decline from

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June 21 to 24th. After August 3, the decline continued and when prices were down

more than 17½¢, they over balanced the Price decline from July 17 to 19th. After

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this, the decline was faster to August 15, low 236¼, a decline of 35-3/4¢ from 272.

August 15 was a SIGNAL DAY and was also 60 days from June 16, low. This

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was a buying indication where you would cover shorts and buy.

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From July 26 to August 15, the greatest rally was 2 days, and when Prices

advanced for 3 days they had over balanced the Time Period, and indicated higher

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prices; and when Prices advanced more than 5½ ¢ per bushel they had over

balanced the Price rally.

    From August 15 to 30 there was only one 2-day reaction. On August 30 the high

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on November Beans was 254¼ , which was ½ point between 272 and 236¼. This

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½ point was the selling level where you would sell out long Beans and sell short.

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After Prices declined for 3 days they had over balanced the Time Period. The Price

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advance from August 18 to 22nd was 5¢ per bushel; therefore, when Prices

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declined more than 5¢ they had over balanced the Price move of the previous rally.

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October 7 to 16 Prices made lower tops and lower bottoms each day and were

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down 7 days. You would apply the 7 to 10-DAY RULE and follow the market

down with stop loss order 1¢ above each day’s high. On October 16 the high was

229-3/4. This would make the stop loss order 230-3/4. However, after the

SIGNAL DAY, on October 16, you should have covered shorts and bought

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November Beans because this SIGNAL DAY occurred on an exact Time Period

1/3 of a year from the low of June 16.

From October 16, low, a sharp advance followed and when Prices crossed 231½ ,

on October 18, which was the ½ point of the life of the option, you had another

SIGNAL TO BUY, and could expect the advance to Balance the move between

August 15 to 30th which was 18¢ per bushel. October 23, November Beans

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advanced to 245-3/4 which was slightly more than 18¢ per bushel and then reacted

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slightly, indicating higher Prices.

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    By watching the Balancing of Time and Price, together with the other rules, it will

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help you to determine when Prices are reaching Extreme Highs or Extreme Lows.

THE W.D. GANN MASTER COMMODITIES COURSE

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: ^: V! s) u! [+ ?( H. a) p7 p[本帖最后由 yay 于 2008-11-19 00:07 编辑 ]

ths20236

只为提高权限。

binfire

多谢楼上兄弟的图解

迷茫的蛤蟆

多谢楼上兄弟的热心

圣觉

我画了个图，加深理解

ltle

紫窟

原帖由 leolee 于 2008-12-10 09:34 发表
请教"reaction" 如何准确翻译？
有的人译为价格的“回调”，但我觉得的应该是反趋势运动，就是上涨时的回调，下跌时的反弹，不知理解是否正确？

REACTION本身的确有两层含义，它是一种反向作用的结果，英文中上涨时的回调和下跌时的反弹都可以用它来表示。不过在这里，它就是回调的意思。

369258208

衷心的感谢坛子里无私奉贤的老师

moonshade

只为提高权限。

jun_lan74

skywater

油姐姐

辛苦了

489km

一叶

leolee

请教"reaction" 如何准确翻译？
' p: @5 E6 Y$ Q% p+ a有的人译为价格的“回调”，但我觉得的应该是反趋势运动，就是上涨时的回调，下跌时的反弹，不知理解是否正确？

gumiliu

谢谢Y版的提示！

mcwhmm

这段话说的是那年的事？

山东广川

原帖由 老严 于 2008-11-19 20:54 发表
3 u* N8 F: g: v/ |1 R+ ^, }, B一直觉得江和艾的理论是互通的。

看到了老艾的通道，应该出于同样的理念，表述不同，揭开神秘的面纱

kop123

刚才用论坛提供的Master Commodities Course PDF版搜索了，是在原书Chapter 4B中的论述，P80--81。
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谢谢先生们的讨论，谢谢Y版的提示！

[本帖最后由 kop123 于 2008-11-20 01:37 编辑 ]

kop123

读书不精，还没找到原文所在的地方。是Master Commodities Course里面的吧？（打印本太厚了）
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8 g2 ]) W+ x0 a8 i1 M$ w& L' }3 Z" |汗ing
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: p1 q8 X* X- r- b3 q" X$ cY版今天清晨提出的问题具有现实性：因为昨天是大跌，而今天是大涨。

貔貅72

哎,我们是"一叶障目不见泰山"啊,努力也不开窍!!!!!!!!!

道法自然

老夫子

原帖由 fang05114 于 2008-11-19 19:43 发表

yay 斑和老夫子都是直爽人，急性子，呵呵
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0 k0 B1 T; F3 M+ r. k2 G! N/ n! Z6 u* V大家既然来到这个坛子，真的是有缘分啊，

/ D9 G; Y  q/ W3 G  }, dY版是以实战扬名的。
我只不过投机取巧罢了。
都是缘份。。

垂钓沧波间

谢谢老夫子兄的回答。
5 ^+ z  s( \1 g9 x7 {  z也请兄经常多多发言，谈谈自己的看法和观点喔。

老夫子

原帖由 垂钓沧波间 于 2008-11-19 20:30 发表
5 B, D* e$ P' q) B# [7 s通过记录价格中最大的回撤，当市场正在上升时，记录最大回撤发生的时间周期，你将被告知那时市场失去了平衡。.......
........价格就先前的回撤已经失去了平衡，但时间还没有超越平衡。
==================== ...

: k- }: J% x( F* s& F我回答你的问题：
在4方图中，昨天的时间与价格（理论值2049）是引力中心，但over-balanced将在周五吧。

老严

一直觉得江和艾的理论是互通的。

垂钓沧波间

通过记录价格中最大的回撤，当市场正在上升时，记录最大回撤发生的时间周期，你将被告知那时市场失去了平衡。.......
........价格就先前的回撤已经失去了平衡，但时间还没有超越平衡。
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+ X5 c2 I1 m4 V$ {* Y昨天（11.18）的大跌，是不是说，价格已经失去了平衡，但时间还没有超越平衡？

fang05114

原帖由 xixicat2007 于 2008-11-19 19:56 发表
"No man can learn what he has not preparation for learning, however near to his eyes is the object. A chemist may tell his most precious secrets to a carpenter, and he shall be never the wiser-th ...

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Quite !!
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# O7 R- V& p8 x) ]但是我还是主张知识在交流中升值，要是江恩不写这些书，我们不是什么东西都不懂吗？？？
) X( \, {- H1 |& }+ A哪里有ＧＡＮＮ＇s theory．
7 E& I& `4 |: f# r同时也衷心的感谢坛子里无私奉贤的老师，你们

xixicat2007

For the first time I knew that all Mr. Gann's "timeperiods, time cycles,time was up, time was not up, time had run out, time had not run out, the timefactor, and yes, the MASTER TIME FACTOR"-all his references to timewere astronomical cycles and divisions of them. You notice I saidastronomical-not astrological. I knew this in a "direct-way" that gives meproblems describing. The seeing of this and the feeling that it gave me to seethis clearlywas overpowering.
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) h2 D% g3 V- A( U[本帖最后由 xixicat2007 于 2008-11-19 20:11 编辑 ]

xixicat2007

"No man can learn what he has not preparation for learning, however near to his eyes is the object. A chemist may tell his most precious secrets to a carpenter, and he shall be never the wiser-the secrets he would not utter to a chemist for an estate."-Emerson.