HOW TO USE THE MASTER CALCULATOR& J O/ G3 Q; \- q
MAY SOYBEANS2 G+ W4 R: S n0 i6 S
[May 1953 version]: z' \/ @8 i( A+ O8 p' l
First it is important to know how to use the scale for prices. The scale is the! O# h' A* |! G0 F
same for grain, for all grains and stocks. The scale on the left side of the
- M' S; V. @% h' Jcalculator runs from 0 to 144. If the price is above 144, you subtract 144
' s* g5 }5 @* ]/ ]and then place the scale in the correct position.
7 f* Y* v2 m9 F; s: ~EXAMPLE: When May Beans is selling above 288, this is 2 squares of 144" B1 B& O( s1 b# L
up from 0 and you place the Master Calculator with 0 on 288 at the time of, m. v; C' N5 v W8 _* W6 b0 p
any important high or low levels and you get the correct position and the
4 {! K* t, F9 G6 k! C/ d8 H# ^indicated trend on the Daily, Weekly or Monthly Charts.
8 [6 e7 ~& F [The scale on each side running from 0 up to 4320 is for Cotton, Eggs and0 a' j6 f3 @8 ?1 f4 ~
other commodities. For Cotton on the Daily Chart using a 10 point scale7 h7 U* z" k3 k$ e. W( {
1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a
% \0 k8 [9 N( I8 W! O5 K3 gscale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the
* G% X( S* U4 D! Rsecond square is 4320 and using a scale of 30 points for 1/8 inch on the
: h' ^- U0 p1 D5 |8 I/ TMonthly Chart, the top of the Master Calculator at 144 equals the price of, n) Q6 `+ a9 e6 j
4320.% Z) q& |; }6 }* p' e( N
Using a 20 point scale the top of the chart equals 2880 and at 72 on the3 K$ B8 S3 {& D0 y
second scale up, 72 equals 4320.
0 D& g" [% N- A/ Y: v* RFirst it is always important to find out the price position in a square.8 g* T3 q; I# a( ?; Q& D( c! c; z
EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is9 L$ u9 V1 ^& L8 q$ T ]
432 and 4-3/4 in the 4th square.
" i' \4 e6 Y# Z) V7 C6 g& `8 YThe extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives3 p6 a5 m; j0 j6 D8 Q0 ], O/ T
a range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme
1 Q j" [+ S) _5 R' W6 xlow of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81-
1 a- {: i9 W4 l" ^$ h. T* Z. B3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.
6 N v W; ?( uTHE W.D. GANN MASTER COMMODITIES COURSE
1 C3 H! m7 R5 f% V% f(www.groups.yahoo.com/group/wheelsinthesky)
' W) z: W- e% H! i4 c- H* @Page 295; j( X5 R7 C ^" a1 J% o
January 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.7 b6 q9 h/ X8 o0 q" M2 K
A decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is
" l1 S' i9 T- g5 l6 H% x3 wa strong resistance level.
, H3 Z0 q. Q- {' x: [From the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives
; ^ o% p4 E" \! Yan advance of 143-1/2 which was just inside this 1st square of 144 and was,* W& b# T! I, m, ]1 }
therefore, a strong resistance and selling level. This price would come out at8 c% F! M5 A' R! X, w9 `) m! b+ m
the top of the square at 144.
- N& p0 b3 W( n7 R* [1951 December 15th was 989 weeks from December 28, 1932.' T+ }' u& X$ W3 D3 i- c
1952 August 16th was 1024 weeks from December 28, 1932. High May2 o* R, x& E# ?' d0 j$ d- |
Beans 314-1/2.
~4 L$ J$ h1 A1952 December 6th was 1040 weeks from December 28, 1932. High 311. m) ]7 \8 {+ v, V6 B4 f! G9 q' a
1953 February 13th low of 280, time 1050 weeks from December 28, 1932.
! u: [( w8 K/ \$ J( J1953 March 21st was 1055 weeks from December 28, 1932.
, |+ ]. ]4 M% X0 x* e- VMarch 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle0 T! { R& P7 [' q8 M+ G
of 360 days and this is 7/8 in the 2nd square of 144 making it important for a6 s0 ? l- |' Y' z% M' [
change in trend.
8 O8 ~" [" A+ V, q, i6 x( {# @% ITo get the price on a Master Square of 144 we add 144 to 67 which gives
. H C7 t6 a* L2 V) o6 d5 c3 B211 and add 144 to 211 gives 355. This is the 5th square and ends on May3 X6 j; ^2 r! h# }% [
16, 1953. This square is marked in green on the weekly chart.
, c% \1 D, Q `7 e$ d1 uPRESENT POSITION OF MAY BEANS# \4 @8 e" @ W' Z* B
As referred to above, March 21st is 270 weeks from January 15, 1948. The( {4 \8 g$ u5 @0 p' d3 W0 b( B
2nd square of 144 from the price of 44 is 332 and the 2nd square in price
3 [% Q3 B" Q- E& j. _from 67 to 355.& }4 [2 j# {' j% Z6 ^5 z
March 19, 1953 will be 4 years from March, 1949 when the low was 210.
$ z$ O. G1 K. K8 J8 ~7 {! PThis is an important date for a change in trend.
$ z1 x5 }; I/ B' F9 Y4 O0 dTHE W.D. GANN MASTER COMMODITIES COURSE; t( Y( Z7 O1 g
(www.groups.yahoo.com/group/wheelsinthesky)
- v- I3 j/ u2 B/ j. yPage 2966 e" p. \, {+ ]+ O% o- c/ q
Note the green 45 degree angle moving down from 332 September 1, 1952
: y7 [% M+ X/ R9 Jcrossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle
/ K9 k7 B9 ^2 b7 U5 M" xwhich moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 2. Z8 x0 g# T, C: {- h7 D" j
x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week0 T% D/ {, K4 V! ]2 r3 E
ending March 21st. This is a resistance and selling level protected with a! o7 q: I: Y: F0 W
stop-loss order at 307.% h( Z. x- h$ f3 K. G; ?3 ^) B+ t" s. J
May Beans breaking 299 during the week ending March 21st will indicate( H! U. f9 d- j7 v: Z5 U9 s" r
lower and breaking 295 they will be below the angle of 2 x 1 from October. v6 ^! J+ R t' `
16, 1950 when the low was 232-1/2. This will put them in a weaker* k" R9 m, E) j$ P3 j3 |0 i5 O
position. The 45 degree angle from 211 crosses at 296 for the week ending: d3 z+ V8 p- O9 n& Q2 }
March 21, 1953 and if beans sell below this level they will be in a weaker/ p7 ?) l1 B& L/ d: M
position.3 x+ ?, I! R5 V5 l4 r$ l
POSITION OF MAY BEANS ON THE MONTHLY CHART
9 {- Q5 b: ~+ R9 \4 rAll of the 45 degree angles from important tops and bottoms have been5 ^+ H6 v+ [9 t, x1 _4 F; `3 K
placed on this chart and the 45 degree angles in green from 0 have also been
8 T0 R- ^" ?# S* p1 e3 ]placed on it.
( ]' ~- }& H+ u) g# r4 k" Q$ |: ]At 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948
: q1 O2 {" X qmakes resistance at this price and the 2 x 1 from January 1948 extreme high& H# O3 L3 u" M5 O; |) |4 P
crosses at 307 making 304 to 305 the selling level. The monthly chart also S8 M4 a; X! |; v6 n* V
shows that when the price is below 299 and 295 before or after March 20,/ ^1 K9 n! _, t: Q% S" b
1953 May Beans will be in a weaker position.& b" m0 n" t ^' ^
Check all of the time periods on the monthly charts of high and lows and% D6 h! e. _/ A$ ~9 I2 r
also on the weekly chart and you will see that between March 16th and 27th
4 M+ b; m3 t, ris very important for a change in trend.
1 q1 K+ F4 L: Y- {. q$ U' M# MBy placing the Master Calculator on the highs and lows on the monthly and$ m r' M3 l# ^( _* A
weekly chart you can see all of the indications as outlined above. After you0 }& N0 N" \5 ]0 V' r+ W& s7 S
practice with the Master Calculator you will soon learn to use it and it will2 E) `+ B" C9 N7 J) ~* N
not be necessary to put geometrical angles on your charts. However time
# R2 B* q C3 y3 m, `periods should all be kept up and you should check the Master Calculator to
7 f( u `" y% x, _- hsee that you have not made any mistakes in putting on the time periods from3 Y4 X( d! a, D% d3 x& y: \, n. A. _
previous high and low prices.- v( k$ K- N: u5 s! L& R H+ k# t
THE W.D. GANN MASTER COMMODITIES COURSE
' v7 I! V5 q# `6 M! c: J(www.groups.yahoo.com/group/wheelsinthesky)
1 v$ L5 @& r" e; Q5 I& W! X& \Page 297
# Q1 I3 H7 a6 f- a8 mMAY SOYBEANS DAILY CHART( ^- Z3 f- ` P0 C, C( U
From the low of February 13, 1953, 280, the 45 degree angle crosses at 300
- P) U8 J% W6 b9 u4 @% v3 D" \on March 16th and the price has never closed below this angle since it closed
- C8 }0 V! N3 X) Uat 280 and the first day that it does close below it will indicate a decline. On
" I# r# P8 Y% C, |; Z( _! X5 XMarch 18th this angle crosses at 302 on the 72nd Market Day from the last
' @9 Q$ C% b, p1 \3 o$ a6 T$ thigh of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from% T2 E) m9 r0 {2 F( p
311 crosses at 301 on March 16th and crosses the 45 degree angle from 280 N3 ~$ o; e4 P" j+ o* Q
making it very important if the price should close at 299 or lower on March% V; ~, v! v+ d* E. C. d+ g, F+ G
16, 1953.0 K7 e' U5 @5 _% l5 |1 l `) T% O
By placing the Master Calculator on the daily high and low chart you can get
( \; }$ h. b) L6 j0 W* v6 iall of these positions correctly. You will note that March 17, 1952 the high8 s* v5 s5 z* A2 h& ]
was 302 and the price declined to 281 on April 21st. This also makes March9 D0 G* [+ l+ K* n5 k9 P d& @% @
17, 1953 important for a change in trend and April 2nd will be important5 T+ K; y+ j3 p$ t# j. R2 N* y
because it will be 4 months from the high of 311 on December 2nd.
9 Z) |/ n# Y9 k1 ^* ^________[signature]________4 X: K( U( f( f% f" t- u
W.D. GANN, G- h/ M* k" z* M8 `
March 14, 1953/ t2 k! f( k& E/ J1 J% T% _
THE W.D. GANN MASTER COMMODITIES COURSE
5 L& X& D: A$ c$ m0 G- {(www.groups.yahoo.com/group/wheelsinthesky)' a0 E0 S y5 Y/ q& L
Page 298. y% D, M0 ~2 E p( R; G3 Y4 v
=========================================原文 |