HOW TO USE THE MASTER CALCULATOR) P4 s: w5 {2 \( `3 I. }# b' {
MAY SOYBEANS" Y L% }9 S! x" [
[May 1953 version]
8 H2 U, G: }6 b6 TFirst it is important to know how to use the scale for prices. The scale is the
6 v& c- d+ l4 X0 \6 d2 B, Y, p9 psame for grain, for all grains and stocks. The scale on the left side of the
: a5 j5 x0 E6 L; o8 U; |' z3 B- ucalculator runs from 0 to 144. If the price is above 144, you subtract 144
) K. W5 I3 m& t4 ?+ b J aand then place the scale in the correct position.- w: _' `, H0 e+ @5 ]( m6 {
EXAMPLE: When May Beans is selling above 288, this is 2 squares of 144! Z y) e6 A& o8 k
up from 0 and you place the Master Calculator with 0 on 288 at the time of
% U# ?( Y: I; K) q9 j& q* hany important high or low levels and you get the correct position and the
. _8 K) H0 C k9 a; jindicated trend on the Daily, Weekly or Monthly Charts.
# o0 w2 D. a0 W8 WThe scale on each side running from 0 up to 4320 is for Cotton, Eggs and8 E/ y) @. L( k8 K
other commodities. For Cotton on the Daily Chart using a 10 point scale, }( w: i( w1 G4 `" A# ]
1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a
" t3 `/ {0 ^" x" o: Escale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the
$ a( `6 t8 E4 @second square is 4320 and using a scale of 30 points for 1/8 inch on the* I" |' |, f( a, Q
Monthly Chart, the top of the Master Calculator at 144 equals the price of Y9 N+ r% ^9 F: F( M2 ]% x
4320.% C# G- G" ?# ^$ H
Using a 20 point scale the top of the chart equals 2880 and at 72 on the
& O7 T$ f* y" ^0 z6 f0 v. wsecond scale up, 72 equals 4320.
( z0 X7 n+ `3 w* y4 [2 s" O# XFirst it is always important to find out the price position in a square.( T5 n# x; d' \) ^. }0 F0 Q
EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is
0 P0 L& E8 Y, X' c* [432 and 4-3/4 in the 4th square.
7 }+ O8 g2 D. F; ~% y jThe extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives
4 ]% }' V; V" Ga range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
: [. {0 p) J6 `& t) Zlow of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-( H% K$ r* Z/ e* R; Z7 J
3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.
0 U( z% O& D* y. m& l1 bTHE W.D. GANN MASTER COMMODITIES COURSE
& O; @% @* B! C4 ?, l(www.groups.yahoo.com/group/wheelsinthesky)& P5 y3 q) d7 ^' E( C9 p+ J& s2 V/ E
Page 295
, g3 ]" M. ~( n3 c" Q1 Z+ X" u7 u" bJanuary 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.4 t) o& K7 s/ X0 x5 ]) i6 K* b9 T. V
A decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is) v; B# r- t' u
a strong resistance level.
0 y. Y1 u$ a$ P+ f QFrom the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives+ V" o6 n# q/ M$ m
an advance of 143-1/2 which was just inside this 1st square of 144 and was,
# {6 x, `+ q" r t/ [therefore, a strong resistance and selling level. This price would come out at
" A: _& d4 v" o& jthe top of the square at 144.
/ D$ d$ X }- |4 v1951 December 15th was 989 weeks from December 28, 1932.
W5 Q2 Z) m1 v1952 August 16th was 1024 weeks from December 28, 1932. High May
& v+ H' {. A sBeans 314-1/2. M! i# J" A+ M$ b! l+ ?& A
1952 December 6th was 1040 weeks from December 28, 1932. High 311.
: B0 n2 K5 {2 x8 L1953 February 13th low of 280, time 1050 weeks from December 28, 1932.
" n3 l' r2 g2 M* z9 _1953 March 21st was 1055 weeks from December 28, 1932.
) o1 a2 N9 H, G+ o- Q- [- @. }March 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle
& u3 ]0 `1 i( [: t: b; nof 360 days and this is 7/8 in the 2nd square of 144 making it important for a
; `6 o9 c/ K) U! v m3 \change in trend.
# `' d' m- o6 i9 `. [& P b) MTo get the price on a Master Square of 144 we add 144 to 67 which gives, {. V& i* ~: ~" u, K Z( R0 Q
211 and add 144 to 211 gives 355. This is the 5th square and ends on May
+ f, z7 J5 ~, I4 c5 N16, 1953. This square is marked in green on the weekly chart.
0 P2 I, X, J" |' g9 IPRESENT POSITION OF MAY BEANS
7 F' w( Z9 n5 ]) T1 `' g" \As referred to above, March 21st is 270 weeks from January 15, 1948. The" g4 x3 O5 k/ {
2nd square of 144 from the price of 44 is 332 and the 2nd square in price# b* t, w- K) @3 p& M0 U1 Z
from 67 to 355.6 e- y5 K3 |- h; R$ A
March 19, 1953 will be 4 years from March, 1949 when the low was 210.
% r4 ^9 [: p$ W$ {8 M" H* ^This is an important date for a change in trend.
# K. \2 N. B- A' C4 ^THE W.D. GANN MASTER COMMODITIES COURSE
" |. g: Y) P% m& `! }(www.groups.yahoo.com/group/wheelsinthesky)
) [! I3 o( `, DPage 296( x7 e- u: W4 @- n
Note the green 45 degree angle moving down from 332 September 1, 1952; B E" a& G- m: ]& d
crossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle$ I0 u9 c5 R: F
which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2
) n; m- I1 o6 Mx 1 angle from 311 high December 1952 crosses at 303-1/2 for the week
. p7 ]. a/ O+ e( G+ E a5 B7 |5 }5 D4 Mending March 21st. This is a resistance and selling level protected with a
* a; O: a- Y/ [! t4 hstop-loss order at 307.2 B+ r" n; ?! v* J" S
May Beans breaking 299 during the week ending March 21st will indicate
1 u* `4 \& |8 f3 Z. glower and breaking 295 they will be below the angle of 2 x 1 from October" D/ Q/ P/ l0 d! m, F
16, 1950 when the low was 232-1/2. This will put them in a weaker
0 |1 L6 U: ]& Z0 y3 ?! bposition. The 45 degree angle from 211 crosses at 296 for the week ending' C8 K3 S! T% ^7 ?
March 21, 1953 and if beans sell below this level they will be in a weaker
" l Q2 X" c8 X" Q# @position.
, X9 F# j0 o4 U* }' ?9 S. PPOSITION OF MAY BEANS ON THE MONTHLY CHART1 e: F: R2 v B1 y2 P) `# b
All of the 45 degree angles from important tops and bottoms have been
7 V' P h& f% K" ~& Eplaced on this chart and the 45 degree angles in green from 0 have also been* ?- c' c# q2 w1 z7 E4 ~( I( _, l
placed on it.
. P' [2 r) X3 K% O' g# S2 B$ H7 Z4 UAt 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948$ P% c3 |2 j, T' Q- z* u
makes resistance at this price and the 2 x 1 from January 1948 extreme high
7 @+ A5 G6 _; u) n* e3 a4 J: y# icrosses at 307 making 304 to 305 the selling level. The monthly chart also4 |7 w* p# V% F. b
shows that when the price is below 299 and 295 before or after March 20,
$ P' L* z$ U& G4 g) c) m P6 m1953 May Beans will be in a weaker position. m+ v4 \6 d8 |* U u( ^
Check all of the time periods on the monthly charts of high and lows and5 O+ X4 Z& b2 |5 D
also on the weekly chart and you will see that between March 16th and 27th7 V7 D# I! T2 N- ^
is very important for a change in trend.; S9 a9 ^' x* K% p5 L
By placing the Master Calculator on the highs and lows on the monthly and
: ]% J3 e: W1 ^: M: X& bweekly chart you can see all of the indications as outlined above. After you
0 j& W) I! ^2 `2 L/ q2 ~/ H0 Bpractice with the Master Calculator you will soon learn to use it and it will
5 l6 r3 C2 |+ }1 fnot be necessary to put geometrical angles on your charts. However time
$ d$ U( I9 w8 Speriods should all be kept up and you should check the Master Calculator to
' S$ m) q! R0 M9 Y$ o. lsee that you have not made any mistakes in putting on the time periods from
* W3 D& f; W+ Z" uprevious high and low prices. {+ E/ b: s7 p
THE W.D. GANN MASTER COMMODITIES COURSE
) s* ^7 \3 @$ l$ {' p- d8 k(www.groups.yahoo.com/group/wheelsinthesky), o# O2 M8 T) A$ E, u* m5 U
Page 297
: S" W6 ~; d5 V1 F) ?. AMAY SOYBEANS DAILY CHART; w6 [; k5 s0 Q; t; g1 \: K( y
From the low of February 13, 1953, 280, the 45 degree angle crosses at 300" Z3 g9 H, P/ P- C5 K: e& `
on March 16th and the price has never closed below this angle since it closed
8 P, }$ p7 z4 y) a. D0 Xat 280 and the first day that it does close below it will indicate a decline. On2 H- Z( `, c+ q0 w+ m! E: M6 w
March 18th this angle crosses at 302 on the 72nd Market Day from the last
8 T9 `( t+ X8 d& _ ^* khigh of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from/ d$ f8 z" A9 T" U m1 P' u- ]5 \6 z
311 crosses at 301 on March 16th and crosses the 45 degree angle from 280
( Y* f) o% H, z/ G0 p2 _5 _making it very important if the price should close at 299 or lower on March
( q& D0 D( z( s7 k16, 1953.6 ]; c2 B$ l" N3 A/ v: V* Q; {
By placing the Master Calculator on the daily high and low chart you can get% L/ R( ?, ]4 M3 [0 J$ E5 L
all of these positions correctly. You will note that March 17, 1952 the high2 R5 b/ I# N' q6 B8 K6 e5 F
was 302 and the price declined to 281 on April 21st. This also makes March
: Z) F5 e: Q# Q7 k+ `/ ?. m4 Z; O17, 1953 important for a change in trend and April 2nd will be important
2 Y; D! n: k1 U( N6 q% A' Nbecause it will be 4 months from the high of 311 on December 2nd.
8 f. p/ K; `% |- L/ C& h________[signature]________
5 c( d, g }( N/ `; N6 mW.D. GANN3 v8 L. w3 L0 H; s9 v7 E9 f4 k A+ N
March 14, 1953. M9 f5 P( y( U. h" }+ ?4 w3 l( Y
THE W.D. GANN MASTER COMMODITIES COURSE
& w; P# f& a8 r" Q" l% G(www.groups.yahoo.com/group/wheelsinthesky)6 v7 w' n. b6 h2 `7 U5 z* D
Page 298
8 a4 x* f0 a+ \0 W {9 G' h( J=========================================原文 |