HOW TO USE THE MASTER CALCULATOR
' h& ?4 s# |& b- {1 i6 F* XMAY SOYBEANS
0 Y9 V) \& ~/ x* _6 `[May 1953 version]% a& [+ p$ r& E
First it is important to know how to use the scale for prices. The scale is the
7 f: j: {* {7 ^6 S4 Xsame for grain, for all grains and stocks. The scale on the left side of the
/ A) C# U, b0 M$ Y; R' gcalculator runs from 0 to 144. If the price is above 144, you subtract 144( o1 X5 A: r: j. \
and then place the scale in the correct position.! X! m0 F+ e5 `, V$ C
EXAMPLE: When May Beans is selling above 288, this is 2 squares of 144 T' N5 D* y) I2 d
up from 0 and you place the Master Calculator with 0 on 288 at the time of( @ M/ ^, e; B6 `% ]! T, ?7 a& Y
any important high or low levels and you get the correct position and the2 G0 \+ U, P2 N, X( p8 W' v7 q: L
indicated trend on the Daily, Weekly or Monthly Charts.
, _8 S* w0 O; l# V6 EThe scale on each side running from 0 up to 4320 is for Cotton, Eggs and
( w# l5 O3 B0 e9 D9 X% |other commodities. For Cotton on the Daily Chart using a 10 point scale& V/ T' r, E$ f/ h: i' [% x
1440 is the top of the chart or 144 spaces up. For the Weekly Chart using a% t1 H0 {( _, i5 \& {
scale of 15 points to 1/8 inch the price at the top of the chart is 2160 and the C K' t x) _. X( H2 [9 N; G( V
second square is 4320 and using a scale of 30 points for 1/8 inch on the
# r% L {- V/ A1 {% O8 z$ u$ K1 j( WMonthly Chart, the top of the Master Calculator at 144 equals the price of
0 G; i& z3 D- |% T! ~& i1 E4320.
5 U) f, ~( V! U b$ aUsing a 20 point scale the top of the chart equals 2880 and at 72 on the
4 A6 J9 e. U2 t8 k5 ]) K* |second scale up, 72 equals 4320.
7 I! m2 Y0 s9 ]7 @: Z5 R; fFirst it is always important to find out the price position in a square.
# l, |5 Q8 R: d0 \EXAMPLE: May Soybeans extreme high 436-3/4. This is 3 x 144 which is
1 ^+ v" j* ?5 d9 Z% @8 Q432 and 4-3/4 in the 4th square.- P0 s. ^$ `4 h8 r5 {" F4 B* ~, N
The extreme low on cash soybeans is 44¢. Subtract this from 436-3/4 gives* V: V a1 P+ ]( ^ \! z- j
a range of 392-3/4 which is 2 squares of 144 and 104-3/4 over. The extreme/ o' c$ W: P& ?/ u$ H2 s
low of May Beans is 67¢. Subtract this from 436-3/4 gives 369-3/4 and 81- y( b# L' |. ^/ A
3/4 in the 3rd square. Note that 81 is 9 x 9 and an important resistance level.
( S; I. O6 H3 ]( ?( { X1 TTHE W.D. GANN MASTER COMMODITIES COURSE8 b- {* Q" B3 D* u& Z
(www.groups.yahoo.com/group/wheelsinthesky)9 v6 f9 R; a8 O% G
Page 2953 h$ n8 T. A% ^1 f
January 15, 1948 May Beans high 436-3/4, February 14, 1949 low 201-1/2.
+ v! I* L9 _4 m) sA decline of 235-1/4. Subtract 144 gives 91-1/4 and 90 in the 2nd square is5 o9 U6 u/ N- R$ o/ l
a strong resistance level.6 S* Z% f ? X0 e
From the low of February 14, 1949 to February 6, 1951 high 344-1/2 gives+ t& W$ r/ [' T
an advance of 143-1/2 which was just inside this 1st square of 144 and was,6 m) b f o0 }: c
therefore, a strong resistance and selling level. This price would come out at& }4 y9 R, {( b u l6 ^
the top of the square at 144.
, M& N7 r$ Y# }8 h1951 December 15th was 989 weeks from December 28, 1932.& l" ?( g3 {/ X8 K
1952 August 16th was 1024 weeks from December 28, 1932. High May$ g+ x+ V. p% F0 D
Beans 314-1/2.
5 m. n; H2 R6 b1952 December 6th was 1040 weeks from December 28, 1932. High 311.
- h* t2 x/ i0 G+ k. w1953 February 13th low of 280, time 1050 weeks from December 28, 1932.
0 i$ @. [! @: G1 a4 ]0 k1953 March 21st was 1055 weeks from December 28, 1932.& K$ c+ H- w$ u0 ?0 N9 k
March 21st is also 270 weeks from January 15, 1948. This is 3/4 of a circle" Q5 L& s; i) Q; \7 T, l
of 360 days and this is 7/8 in the 2nd square of 144 making it important for a
4 F# |: N. F& p7 h B Y, F8 ~change in trend.
, c6 K* q- m' G8 v% j! FTo get the price on a Master Square of 144 we add 144 to 67 which gives
. X1 Y; i" G. E% y; n9 @2 \211 and add 144 to 211 gives 355. This is the 5th square and ends on May
6 g2 c8 S5 r) p5 {7 K" R# v! Q16, 1953. This square is marked in green on the weekly chart.
; C! c& I3 y4 wPRESENT POSITION OF MAY BEANS
5 m; ]/ [& U4 {As referred to above, March 21st is 270 weeks from January 15, 1948. The8 B! T2 I5 T7 Y6 l/ }" {8 {
2nd square of 144 from the price of 44 is 332 and the 2nd square in price
' }/ `* _5 z( Y' H w9 n' X2 U" b& gfrom 67 to 355.
( n* T+ K7 D+ Q- W4 cMarch 19, 1953 will be 4 years from March, 1949 when the low was 210.
/ \* P f# e( W/ G5 X7 H5 L$ D FThis is an important date for a change in trend.
- I9 Y) K* v$ P/ j1 ?THE W.D. GANN MASTER COMMODITIES COURSE8 d5 K" X t) b; }# W$ `
(www.groups.yahoo.com/group/wheelsinthesky)
4 q# k+ r3 l8 iPage 296
- @4 [9 X4 q: N2 a5 F8 @Note the green 45 degree angle moving down from 332 September 1, 1952% N& o/ s1 a3 j& F
crossed at 303-1/2 for the week ending March 14, 1952 and the 2 x 1 angle% {4 V% O8 J9 z4 I" S, `( S/ r
which moves down 1/2¢ per week from 436-3/4 crossed at 302-1/2 and the 23 b% J7 q$ L3 j5 D, N0 h& s& I
x 1 angle from 311 high December 1952 crosses at 303-1/2 for the week1 W' G: ^1 |/ X! l" r |
ending March 21st. This is a resistance and selling level protected with a) y Q8 n8 w+ L
stop-loss order at 307.
! Q5 a) X$ U3 Z( KMay Beans breaking 299 during the week ending March 21st will indicate
& f W$ q( N2 blower and breaking 295 they will be below the angle of 2 x 1 from October
% N6 y* f( ]9 o' r2 X9 D5 ?7 V6 R16, 1950 when the low was 232-1/2. This will put them in a weaker
7 p6 h7 I( M+ a' i% D' Sposition. The 45 degree angle from 211 crosses at 296 for the week ending
9 F& z1 a2 t: e1 \March 21, 1953 and if beans sell below this level they will be in a weaker9 Q6 G2 k: q+ b/ U9 _
position.3 b3 `% u; }$ M
POSITION OF MAY BEANS ON THE MONTHLY CHART+ m$ D) c- R4 J' j6 l p
All of the 45 degree angles from important tops and bottoms have been; t2 z+ {3 M$ I% H0 _1 I/ t& @
placed on this chart and the 45 degree angles in green from 0 have also been
; i( z" H4 a1 O1 @- F9 Uplaced on it.& p0 b# I: e- I. O
At 305 the 2 x 1 angle which moves down 2¢ per week from May, 1948
: D. N6 e3 F& Lmakes resistance at this price and the 2 x 1 from January 1948 extreme high
- i1 y7 e L; u. x$ B: r4 a7 Q" Hcrosses at 307 making 304 to 305 the selling level. The monthly chart also
2 i" X4 p4 m' y/ m3 pshows that when the price is below 299 and 295 before or after March 20,
' D; A9 r, C* h2 u. \' f1953 May Beans will be in a weaker position.
& N; S( Y" Z) o+ gCheck all of the time periods on the monthly charts of high and lows and
- ?5 W5 q& o7 S2 K% A* aalso on the weekly chart and you will see that between March 16th and 27th' G: h) A7 v& a7 T+ j4 T& ]
is very important for a change in trend.) R( }8 g6 F& `: o: [1 I' v
By placing the Master Calculator on the highs and lows on the monthly and; ^+ T5 d, k7 k
weekly chart you can see all of the indications as outlined above. After you4 b, O0 V" r# J+ i2 {) K
practice with the Master Calculator you will soon learn to use it and it will% x- U: V. @0 u) ^0 t9 D t6 p/ ?
not be necessary to put geometrical angles on your charts. However time* ^& ]6 a( g4 N _# v: L( L0 _/ x
periods should all be kept up and you should check the Master Calculator to
# o/ o0 \' Q5 O+ U9 N8 g# vsee that you have not made any mistakes in putting on the time periods from' H$ ~2 B; C+ ~2 F& J
previous high and low prices.! h* X9 m4 E# o7 u+ }5 I
THE W.D. GANN MASTER COMMODITIES COURSE
) u8 U7 M/ c+ S2 X. z; U) l(www.groups.yahoo.com/group/wheelsinthesky)# t9 q7 Z8 u4 l- i! g; A" R
Page 297
. m/ b) o+ h. [3 QMAY SOYBEANS DAILY CHART: i$ W/ V! A: P
From the low of February 13, 1953, 280, the 45 degree angle crosses at 300' Y1 H& d& Q5 e0 l% w
on March 16th and the price has never closed below this angle since it closed
& s4 t7 f, f8 c" pat 280 and the first day that it does close below it will indicate a decline. On
4 \ }1 j1 i$ Y6 ~% w0 A) fMarch 18th this angle crosses at 302 on the 72nd Market Day from the last
5 n( [, ^/ O) _' a& \2 ^3 k. bhigh of 311 made in the 2nd of December, 1952. Also the 8 x 1 angle from
) x: b( {2 [! D# E6 _8 c7 B311 crosses at 301 on March 16th and crosses the 45 degree angle from 280( I& |; f! m3 Y1 v! c
making it very important if the price should close at 299 or lower on March3 `- o. _' ?0 P* `- R
16, 1953., [# L, d) C8 g6 M' `1 R( t
By placing the Master Calculator on the daily high and low chart you can get9 e# U1 Z6 @! k: D9 f/ t ^8 ?6 F
all of these positions correctly. You will note that March 17, 1952 the high4 n& W3 f, r: Q: g. K ?
was 302 and the price declined to 281 on April 21st. This also makes March
4 e# Z% i( z# K17, 1953 important for a change in trend and April 2nd will be important$ g$ K. S2 ~% F4 s' ~1 y4 E. ?0 T
because it will be 4 months from the high of 311 on December 2nd.
, T+ M& U% O' ]________[signature]________6 }9 S3 k* X" \5 u: N# c$ ? n8 r
W.D. GANN
( P$ S" h* R& V/ zMarch 14, 1953
0 M% G) L6 y+ NTHE W.D. GANN MASTER COMMODITIES COURSE
/ r! I$ s) s) o1 _6 L! C(www.groups.yahoo.com/group/wheelsinthesky)! u* I) T: _, \! x8 ~- w J8 k2 N
Page 2983 N( j6 i* P( e& E
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