Book Review

How to Profit From Applied Gann & Fibonacci: The Definitive Guide to Market Geometry Space & Time

How to Profit From Applied Gann & Fibonacci - The Definitive Guide to Market Geometry Space & Time By Gene Nowell Cover

Author’s Note:

Many of the studies in this book are focused on the application of angles and how they relate to previous market swing highs and lows and future points of price and time resistance. Some of these angles are from Gann’s work, others are Fibonacci Fan Lines and some are my own techniques. Regardless of which ones they are, you will come to understand the significance of them and how you can use them in your every day trading. It makes no difference which time frame they are applied to, the principle and results are close to being the same. Some chart illustrations are from the Forex markets and others cover some of the traditionally traded markets like the S&P and Metals.

When I was introduced to W.D. Gann, I studied everything I could get my hands on. Gann Courses, Books, Seminars, Radio Programs, Tools, Computer Programs etc; the more I studied, the more I realized the depth of Gann’s work. However, most of it did not have the accuracy I was looking for. But there are a few techniques I have found to be quite accurate. I guess I am not smart enough to understand all of Gann’s theories. It is my firm belief that W.D. Gann, at times, tapped into the depths of knowledge of the 4 universe that is unknown. Something like Edgar Cayce did when he went into his trances. Gann published a book called the MAGIC WORD. In this publication, he spoke of the importance of meditating and verbal communication so one could be in tune with the Harmonic Vibrations which he believed are the foundation of the universe. Unless a person pursues this avenue of the unknown they will most likely not comprehend all of Mr. Gann’s Work.

I am not one who has taken his work to that level but, I have taken the angle techniques he used and dissected them front to back, back to front, inside out and more and then discovered some other techniques that have a real significance in technical analysis. One of the most important pieces of knowledge I have acquired over the years is this: Support resistance is not always on the
horizontal plane. It keeps changing based on where market price is in relationship to time. There is a dimension not seen on charts unless geometric angles are applied and I intend to make that dimension and the symmetry of markets very clear to you in this book. This is what I am all about and this is what the book is all about; ANGLES and making money.

When I talked to a publisher in the Carolina’s about writing this book, it was suggested that I include significant days of the week and month to watch for reports that may affect price movement in the Forex and other markets. Although this is very significant and should not be neglected, I have decided to exclude that information and in its place, discuss Money Management.

This is a subject that has been talked about but seldom looked into thoroughly. Dr. Barry Burns is one of the few who has a section in his online courses which addresses the issue. He covers the major commodity markets like Grains, Financials and Metals. W.D. Gann gave important information about protecting your account equity and trading a certain number of contracts for the money in your account, but he did not expound on the types of contracts outside of the grains which can be traded. I will go in depth regarding contract size and money needed to trade and cover stop numbers and placement.

Proper money management will be covered more thoroughly than most other publications. I believe this to be the KEY to successful trading. It must be used in every trade you make. I hold no responsibility for loss due to any adverse market conditions or any other reason. Simply put, one must take responsibility for their actions and not blame losses on conditions or “THEM/THEY/THOSE GUYS” and others.

Next, I cover Gann and the fundamentals and then I get in depth on some of Gann’s techniques. I cover today’s news and how it affects the future. Included in this study I examine Gann’s statement about how the fundamentals “CAST THEIR SHADOWS ON THE CHARTS” in advance of the news. You will see these shadows and how they fall on the charts. It is my intension to show you why Geometric Angles should be used when analyzing any market.


Some Pictures From the Book


Furthermore, it is especially beneficial to apply angles to Forex charts over other markets. The uninterrupted intra day data from Sunday night through Friday evening develops a foreground from which these geometric angles can be used as a roadmap to knowledge of market strength and weakness and ultimately profits. I will show angle analysis like never before. You will see an in depth study using Fibonacci Fan Lines and you will learn how to develop a successful trading plan using Fibonacci Fan Lines and Gann Angles along with my own proven methods and procedures. Some of 7 the material I reveal in this book has never been presented to the public before.

THE MYSTERIES OF PRICE & TIME

Who is wise enough to tap into the depths of knowledge that our loving God employed when he created the universe? A perfect harmony of mathematics and beauty were put into motion to create the wonders of the Galaxies. This knowledge is far too great for any one man or any people to grasp. To say that a BANG started creation is folly. This is the same thing as saying one could take billions of letters and set a bomb off in the middle of them and expect to get a perfect library out of it all. That is harder to believe than to believe in a Creator who put all what we see in perfect balance. I am not trying to make a religious sermon out of this, but I am trying to put things in Perspective. A BANG does not create, it destroys. My point being, markets are part of the universe and a part of this creation. And market movement is a reflection of the forces in motion which all have a time and place to culminate. An in depth study of these relationships would take generations. Mr. W.D. Gann just scratched the surface of this knowledge when he began using angles on charts to recognize certain price patterns. Furthermore, he used the stars and planets as the foundation of his work. At the end of his life I am sure he said I regret now that I am coming to the conclusion of my life and that I am only now beginning to understand price & time and their relationship to the stars. There is a beginning and an end to everything. Let us take a step in the direction of wisdom to try and comprehend these relationships of mathematics and geometry so a beginning and end of trends can be identified. Sit back, relax and let’s take a journey through the wonderful world of MARKET GEOMETRY SPACE & TIME.

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As the markets evolve on a minute by minute display of Geometric relationships, there is clear evidence of previous highs and lows relating to future points of support/resistance and timing. It must be understood that each new swing that is formed has a relationship of previous swings regardless of how insignificant they may appear. To make this point more easily understood, let us consider the following example; Picture a pond in your mind’s eye! Now throw a stone into the pond and notice the ripple effect this stone has created on the water’s surface. Each wave that moves out from the center is energy and this energy has an effect somewhere in time. These energy waves are the forces that create market high and low at swing points. If you throw a larger stone into the pond, a much greater set of waves will go out from the impact point. Thus significant waves create longer lasting effects in the future and can also go higher from the surface than the effect of a smaller stone. This would be the amplitude effect of price on the wave.

With that said, we now look for support resistance in the future. This price support/resistance is not always on the horizontal plane. It is however, always on an angular plane. These planes are in direct relationship to previous referenced swings. This is how the geometric angles come into play. They relate to the waves of the past to show the geometry of support/resistance in the future.


Some Pictures From the Book


The charts displayed in this book have geometric angles which originate from these previous swings (waves) and project out into the future for use as support/resistance and timing. The TIMING POINTS are derived from the termination of an angle at strategic locations on the chart. One of the key factors of this analysis is to know which angle will offer significant
support/resistance.

Another significant use of these angles is to use them as an indication of market strength and weakness. When price moves up and down on the charts, we will be able to know the strength of the current trend and can have an 11 indication if the next new high in the trend will be the last before price moves in the opposite direction. These and many more trading strategies will be found in this book, MARKET GEOMETRY SPACE & TIME.

Author Gene Nowell
Pages 95
Published Date 2013

Contents:

  • The Mysteries of Price & Time
  • Geometric Angles & Charts
  • Types of Charts
  • Constructing Fibonacci Fan Lines
  • Trading System or Trading Method
  • Gann Grid
  • 360 Price Analysis
  • Square of 9
  • Harmonics in Numbers
  • Number Seven
  • Money Management
How to Profit From Applied Gann & Fibonacci: The Definitive Guide to Market Geometry Space & Time By Gene Nowell
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About Gann Course Team

The Gann Course Blog Team consists of seasoned traders, financial analysts, and Gann method experts dedicated to demystifying W.D. Gann's powerful trading techniques. With decades of combined experience in applying Gann's principles to various markets, our authors bring a wealth of practical knowledge and insights to every article.

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