Timing – Slightly Advanced

Good Morning,

NOTHING works 100% in the markets – you need a system/method that works and just exploit it, as you’re ALWAYS going to have losing positions/trades.

Here’s a simple timing method I look at, at times (I don’t always use it!)

First let me give you some quick background points as to WHY I refer to it:

  1. Gann was always referring to squaring this and that
  2. Gann’s Square of 9 is basically a glorified Square Root system, built on a 2-Dimensional Square, which when converted to 3-Dimensions becomes a Pyramid structure
  3. If you draw a 360 CIRCLE around the 4 base corners of this structure you then can add in the DEGREES that Gann talks of.
  4. Using these DEGREES you can then locate the 45, 90, 120, 180 degrees of price etc etc

Related image

OKAY, back to the post –

91

In the chart ABOVE this is EXACTLY what I did:

  1. Found a high and a low – measured the Time and Price FACTS of this move
  2. Took the high Price (BLUE Lines) and square rooted that PRICE to see if TIME sync with this
  3. Took the low Price (GREEN Liines) and did the same
  4. Took the RANGE (RED Lines) and did the same
  5. Took the Time of the H-L and did the same
  6. Projected them from the High, Low – up to YOU

Now Increase the chart size to LOOK and see how they fitted.

They’re not going to be perfect fits because that’s just too easy – as you can see above sometimes it hits perfectly, sometimes it gets close and other times it just misses – you can’t get in did on 100% it’s impossible

Homework

  • Apply Pythagorean theory – to the range of the High to the Low
  • You’ll need to convert days to hours (8 hours session on the UK market)
  • So the Price range was 1529 * 1529 then ADD
  • the Time bars, that was 148*8 = 1184 * 1184
  • Now square root the result = side of the C value of the Pythagorean Triangle you’ve just created using both Time and Price (1933.82)
  • Now Square Root that value (43.97)
  • Apply 44 Trading days from the low of 2125
  • How close did it come?

Again it’s not perfect but can you see how we’ve applied mathematics to the markets and we’ve now got close to turning points – you can do the SAME for PRICE levels too

Try doing the same to PRICE and SEE just how many times price stopped on a multiple of the square root number of 44 from the low

UPDATE – Here’s the chart for visual

93

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Leave a comment

3 Comments

  1. Hi Hovis Trader,

    I’m deeply intrigued by your method of trading. How can I purchase the THT trading set-ups you have available on your site?

    Looking forward to hearing from you,

    Sherie.

    Reply
    • You can’t – I haven’t written them fully! – I had to stop in June as my focus for the foreseeable future is my eldest child, He’s choosing Uni’s and I’m not completing them until all that is out of the way, which is likely to be later on this year. Cambridge is on the cards and there’s no way I’m going to let anything else get in the way of that. Once ready I’ll let everyone know by way of a blog post – Thanks for the Interest, If you’re subscribed to blog posts then you’ll receive notification once I’ve done.

      Reply
      • Nice!! I understand and congrats to your son WOW!

        All the best and I look forward to purchasing your strategies when available.

        Sherie.

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