How can knowledge of past cycles help me make profits in today’s markets?
Those who know future turning points can reap large profits. One of W.D. Gann’s favorite quotes was from Ecclesiastes, “The thing that hath been, it is that which shall be; and that which is done is that which shall be done, and there is no new thing under the sun.” Eccl. 1:9
Gann believed patterns and cycles repeated. We do to.
W.D. Gann believed “Time is the most important factor in determining market movements because everything moves in cycles, as the result of the natural law of action and reaction. By a study of the past, I have discovered what cycles repeat in the future”.
Knowledge of dominant cycles is the only practical method that allows one to project and anticipate a major surge in prices or a devastating decline.
Gann repeatedly advised “in preparing for a speculative or investment business you must look up the greatest advance or the greatest decline a stock (or commodity) has ever had and the greatest time period from the high or low. Most profits are made in active fast moving markets (when major cycles are completing).”
The knowledge of when a cycle is projected to make a high or a low provides critical information for when to enter or exit a market. When cycle (time) information is combined with projected price targets the information results in a high probability trade.
This is where Harmonic Timing’s analysis can help traders and investors. We believe W.D. Gann’s Major and Minor Cycles are the single most overlooked tool Gann used. These cycles are analyzed and discussed in our 5 Lesson eCourse, “How to Capture the Power of W.D. Gann’s Cycles.” Our knowledge of how cycles have unfolded in the past allows us to identify high probability opportunities to be a buyer or a seller.