"Predicting the future is impossible, right? If Gann were alive today, he would argue otherwise.
It is believed that he prophesied the abdication of Kaiser Wilhelm II on Nov. 9, 1918, and the end of World War I in his first prophecy. He wrote a book called "Tunnel Through The Air" in 1927, which many believe predicted the Japanese attack on Pearl Harbor.
Perhaps even more profound were his financial predictions. Early in 1929, he predicted that the market would rise on speculation until early April, before hitting new highs.
The following are his techniques. In his predictions of price movements, Gann based them on three principals:
Only three factors should be considered: price, time, and range.
There is a cyclical nature to the markets.
In both design and function, the markets are geometric."
It is believed that he prophesied the abdication of Kaiser Wilhelm II on Nov. 9, 1918, and the end of World War I in his first prophecy. He wrote a book called "Tunnel Through The Air" in 1927, which many believe predicted the Japanese attack on Pearl Harbor.
Perhaps even more profound were his financial predictions. Early in 1929, he predicted that the market would rise on speculation until early April, before hitting new highs.
The following are his techniques. In his predictions of price movements, Gann based them on three principals:
Only three factors should be considered: price, time, and range.
There is a cyclical nature to the markets.
In both design and function, the markets are geometric."