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About
Rob Giordano
Rob Giordano retired from a New York City agency in 2021 with over 22 years of impeccable service. Rob now devotes his spare time to the development of specialized books and software. After realizing the amount of time needed to hand draw all the different price and time charts used by many of the old forecasting master's he developed the "Gann Grids" charting software at first for personal use and later for resale in early 2003. Many hours of Rob's week is dedicated to the overseeing and development of several specialized technical, charting and cycle software such as "The Gann Grids software in 2002, Gann Grids Ultra in 2012 and now in 2024 his new Gann Grid Masters version 3.0" Mr Giordano started studying technical analysis in 1995 while working for AmeriCorp Securities as an investment banker/broker. He began researching the trading methods of WD Gann, George Bayer, RN Elliot and many others in 1996. Unfortunately, multiple years were also spent testing dozens of trading systems which led to nothing more than countless disappointments and technical dead ends.
His first software version was completed in the early part of 2002's while trading for himself in a private office.
Background research gone into the development of software are:Modern technical techniques, theory behind metaphysical energy in relation to technical analysis, forecasting time and price cycles using static and Astronomical cycles, modern and ancient time cycles, modern and ancient Astrology, forecasting time and price cycles, modern and ancient sacred numbers, planetary fingerprints behind price/time movements and much more.
Mr Giordano greatest achievement to date is his development of the Gann Grids Ultra software in 2012 and now in 2024 his Gann Grid Master's 3.0 version. The 3.0 now include many more of the master's true forecasting methods which can be viewed on screen with a simple click of a button.
Some of Rob's hobbies are: Weight training, Mountain climbing, Hiking, Biking, and Fishing but his passion is technical research along with time cycle exploration.
Concept OverviewIn the early part of 1995 I became interested in becoming a technical research specialist and sought as much information as I could find on the subject. I read as many books, courses and articles as I could while at the same time testing dozens of technical forecasting systems. I however found most if not all fell short of expectations in actual trading. However, after extensive investigation on the subject the names of W D Gann, R N Elliot and George Bayer stood out as being the best of the best within the fascinating field of technical analysis and forecasting. What I found was each had a larger-than-life Bio along with an astonishing track record of forecasting market turns weeks and at times months in advance… Documented!
But the fact that Gann and Bayer used a kind of astronomy to generate their forecasts didn’t sit well with me at first, in fact to me the whole subject was nothing more than superstition and mumbo jumbo rather than an actual science. What I did eventually begin to see after 3 years of intense study was Gann spoke freely about many natural and interesting laws such as the law of vibration, the laws of geometrical angles, range divisions, time cycles and natural time sequencing followed by an introduction to his master calculators. Gann also showed a unique understanding of astronomy and astrology as explained in several examples of planets having a direct relationship to price support and resistance along with other astronomical calculations. It seemed his understanding of astrology was more of a hard factual science that could be back tested and confirmed, rather than just chart interpretations of pending doom and gloom. His type of astrological forecasting was more of an astronomical method with straight forward rules rather than what would be given from most street corner astrologers both around at that time or even today …… I was intrigued!
George Bayer spoke of Hebrew letters, graphical ellipses on specially sized chart paper, large amounts of astronomical observations on what he felt were the keys to unlocking most markets price and time reversal periods, aspect timing using the planets and hot zodiac degrees locations, theory behind solar and lunar eclipses in forecasting and also something he called his 5-fold horoscope. He also felt many ancient metaphysical texts were filled with hidden secrets of natural time cycles as explained in his various books and courses. He also stated this was the origin of his unique research and astronomical trading tool applications. R N Elliot believed his research on the natural coincidences of a special number cycle was consistent with not just the fluctuations of our universal markets but also tied directly into nature herself. He found that the Fibonacci sequence, the golden ratio, and the distinct number pattern found within his pyramid research were all around him all the time. He found the sacred sequences and numbers in natural plant growth patterns, seashell spirals, vortex spirals, planet rotation cycles, sacred architectural geometry, musical note intonations and galactic progressions. At first being somewhat of a skeptic I tested each and every tool in exactly the way instructed by each to do within their various works, and to my surprise I found many of the Astro tool applications did in fact work…. and at times work well! I termed this special astro technical timing, “Individual and natural energy date research". WD GANN Along with being a pioneer in the field of technical analysis William Delbert Gann is considered by many to be one of the greatest traders of all time along with holding the title “Father of technical analysis and forecasting”
In the beginning Gann also lost significant amounts of money on trades which he admitted on several occasions; however, he later wrote that by entering the trading arena without solid rules and based solely on the feelings of hope, greed and fear is what caused most of his losses in the first place. In his later works he cautioned that if uncontrolled these same emotions would eventually lead to most trader’s demise. It was at this point his 29 rules of success were defined and written down. tor's as he believed the Bible was written in a veiled language concerning cycles of time. This in turn made it more significant for him to uncover, understand and actually apply the true meanings within its pages. Cycles, repetition of significant number sequence along with Wise Men following the stars are what he felt the bible was really about. Gann attended grammar school but opted out of high school and college for a career in finance and trading. He took up work for a brokerage firm in Texarkana while at the same time attended business school at night. Throughout his schooling he was known by his teachers as a gifted Mathematician along with having a great appetite for sacred knowledge. Gann truly believed if he could understand the sacred sciences correctly, he may be able to forecast the future trends of markets well into the future. This burning desire to understand and actually apply sacred knowledge to price and time charts led him down some interesting and odd avenues which culminated in many fantastic and unique forecasting discoveries throughout his long trading career. WD made his first trade in cotton at the age of 24, a commodity he was very familiar with. This trade was marked with a small profit. However, over the next fifty-three years Gann was cited as taking over fifty million from the markets using his unique techniques. Apparently, he was not just getting his feet wet with that initial commodity trade as it appeared from his first trade on he was applying his own forecasting discoveries with fantastic results. These same techniques were also undefinable to most modern market technicians around at his time or even today! It also appeared that WD continued to use, refine and add to his observations throughout the rest of his trading career as his books and courses can attest. This research included the discoveries made within his mystical Biblical codex research along with many other metaphysical and mathematical techniques. In 1903 at the age of 25, Gann moved to New York City where he started his own brokerage firm, “W.D. Gann and Co. His quest for perfection also led him to Oklahoma City in 1906 where he worked as a broker for a small brokerage firm both making trades for himself along with handling large accounts for other clients. Having a continually restless mind, he also examined the successes and failures within the theories of other traders and found that more than 90% of those who enter the markets without proper knowledge lost in the end. In the beginning Gann also lost significant amounts of money on trades which he admitted on several occasions; however, he later wrote that by entering the trading arena without solid rules and based solely on the feelings of hope, greed and fear is what caused most of his losses in the first place. In his later works he cautioned that if uncontrolled these same emotions would also eventually lead to most trader’s demise. It was at this point his 29 rules of success were defined and written down. Also, early on in his trading career Gann just like Elliot and Bayer noticed that hidden within the intermittent rise and fall of the stock and commodity market price/time swings was a type of hidden order. This hidden order is what eventually led Gann after many years of research to the discovery that natural and universal law made not just for an interesting read but was also the root cause within most markets price and time cycles. He again felt if he could better understand these same natural laws he could make superior trading decisions.
This discovery set off at least ten years of devoted research on the metaphysical relationship between stock and commodity market fluctuations. According to many he traveled to England, Egypt and India in order to learn more about the ancient mathematics of astronomy, astrology and the sacred science of proportions vaguely mentioned by the mystic of old. Many also believe it was in a temple visited in Egypt whose construction led him to the formulation of his unique “Square of 9 and spiral charts. What amazed me was since calculators were non-existent in the early 1900's Gann had to understand those concepts to such a degree that he could substitute a slide rule for his own master charts. Using the Square of 9 as an ingenious type of calculator he was able to analyze and study the price actions of various markets many years in advance. It is also believed that a total of nine months were spent in the British Museum working day in and day out researching stock and commodity prices dating back to the 1820’s along with wheat prices going all the way back to the 1200’s. Gann also found himself in the New York Astor Library were he further researched stock and commodity markets fluctuations based on natural law. However, according Gann it wasn't until August 8, 1908, that his greatest mathematical discovery was made called his “Master Time Factor.” After this date it became clear that his success was much more than “luck” as many predictions after this period were over 85% accurate throughout the following years. Over time Gann became a prolific researcher in the fields of numerology, weather forecasting, astronomy, astrology and sacred proportion sequencing. Some also believe he was a 33rd degree Mason ( but I personally never found proof to this claim), But again claimed he learned his forecasting techniques from reading the Bible along with other means of research.
Gann also began publishing a daily market letter in 1919 titled, “The Supply and Demand Newsletter,” which covered the topics of stocks and commodities as well as publicizing yearly forecasts. Gann’s market forecasts during the 1920s were also said by many to be approximately 85% accurate. In early 1923, Gann started another service called “The Busy Man’s Service,” where Gann supervised the trading accounts of various professionals and businessmen instructing them on what to buy, when to buy it, and when to sell. According to Gann the basic premise behind his trading method was that the future is a repetition of the past and that time governed all parts of market movements. His discoveries also enabled him to understand just how and when the effects of natural law governed the actions of men over cycles of time. And since he could calculate these cycles’ days, weeks, or even months in advance he demonstrated over and over that he could beat the markets with his superior trading decisions. Gann was so adept at trading stocks and commodities based on his unique time and price discoveries that he was able to publish forecasts for yearly highs and lows on multiple markets with uncanny accuracy many months in advance.
As an example, in 1928 Gann made a forecast which was published in 1928 predicting the 1929 Stock market “Crash” as well as predicting it being Black Friday, a full year ahead! He also published many books such as “The Tunnel Through The Air,” published in 1927. (This particular book is noted for Gann’s prediction of Japan’s attack on the U.S years in advance) “The Truth of the Stock Tape,” “How to Make Profits from Pulls and Calls,” “How to Make Profits in Commodities,” “45 Years in Wall Street,” and “New York Stock trend Detector. “along with produced various instructional courses on trading.(Most courses were just notes and individual lessons strung together over the years) Mr Gann also had a cache of price and time tools which were taught to his personal students in weekend courses during the late 1940’s and mid 1950s which estimated around $5,000 each. Among some of the tools taught were the Square of Nine, The Square of 144, the Square of 90, the hexagon Chart as well as many other unique forecasting applications. As another example Gann shared similar beliefs as RN Elliot as he believed that Bull and Bear campaign moved in three to five sections. Elliott believed that there were three impulse waves in a in a “Bull or Bear,” trend with the possibility of an extended fifth wave. Each however believed that the markets most commonly repeated ½ or 50%, 5/8ths (62.5%), or 3/8ths (37.5%) of the previous range in both price and time.
In the late 1930’s John L. Gann (Gann’s Son) was in partnership with his father in the firm, W.D. Gann and Son Inc. However, a clash of personalities between the two ended their business association in the mid 1940’s due to the science of astrology. John L Gann did not believe astrology/astronomy played a big enough part in technical analysis to affect market trends or human behavior. This opinion greatly upset his father as he knew it to be fact. In 1947 William sold his company W.D. Gann Research Inc. to a San Francisco attorney named C.C. Loosli. Mr. Loosli became disenchanted with the company and on February 14, 1948, turned it over to a gentleman named Joseph Lederer, who was from St. Louis Missouri.
The W.D. Gann Research office later operated from 82 Wall Street in New York City up until 1952 then relocated to Scarsdale New York. The company once again moved in 1956 to St. Louis where its only function was that of investment advising.Gann later moved to Miami Florida in 1950 where he and his partner Ed Lambert founded the Lambert-Gann Publishing Company. Ed Lambert was an architect who designed the interstate highway system of the greater Miami area.
On June 14, 1955, the trading world lost one of its greatest legends and traders as this was the day W.D. Gann succumbed to Cancer in the Methodist Hospital located in Brooklyn New York at the age of 77. (I was Born in this Hospital) He was survived by his wife Sadie, his son John, and his three daughters. It is believed that his son, John L. Gann passed away in 1984.
Rumored Mr Gann was buried alongsides his second wife Rena May Smith in Green-Wood Cemetery located in Brooklyn New York overlooking Wall s, I personally know this to be fact as I have personally visited the site several times over the years. And yes, it actually does overlook Wall Streets spectacular view. It is also obvious that he is buried in a section of the cemetery that is highly Masonic as i witnedded several nearby tombstones riddled with Masonic symbolism.
Ed Lambert his partner in the publishing company to this day is responsible for keeping the “Gann Knowledge alive,” which include many collected records, charts, and journals which were later sold to a gentleman named Billy Jones in the 1960s. Jones was the one responsible for compiling all of Gann’s works into two instructional courses that were entitled, “The W.D. Gann Commodity Course,” and “The W.D. Gann Stock Market Course.”
Gann’s charts also disclose the cycles worked on dating back to the beginning of written records on several commodities and were found by most to be unlike any others research up to the present. Luckily, now run by Nikkie Jones (wife of Billy Jones) Lambert Gann still houses the master works of WD Gann for all to see. Lambert Gann is located in Sabina, Ohio
Being a humble man who even at the age of 75 never claimed to have learned all there was to know about the secret science of stock and commodity trading, however in reality knew more about the the workings of our financial markets than any other trader in existence. Gann over the years never totally revealed all of his secrets to his private students or within the various articles and later interviews. This black hole of knowledge for many is the fuel that truly kept his fire burning for so many traders over so many years On the bright side, figuring it all out and possibly shedding light on at least some of “Gann’s True Trading Methods” has been my goal for well over the past 20 plus years, figureing out Gann's secrets to me is the actual fuel which keeps the fire burning within, thus rejoicing in the fact that one day we too may understand and trade like Gann. RN Elliot
"The stock market is a creation of man and therefore, reflects human idiosyncrasy.”- Ralph Nelson Elliott
Born on July 28, 1871, in Marysville, Kansas, Ralph Nelson Elliott was a true scholar in the world of technical research and finance.
Elliott moved to San Antonio, Texas and in 1896, to become an accountant. He held various executive positions for twenty-five years, mainly dealing with a number of railroad companies throughout Mexico and Central America. Elliott earned his reputation as an excellent business organizer after he rescued a variety of different companies from financial ruin throughout his career.
It was Elliot’s reputation as a business organizer that caught the attention of the U.S. State Department, for whom in 1924, he was chosen to be the Chief Accountant for Nicaragua, which during that time, was under the control of the U.S. Marines. By February of 1925, he started applying his gift for corporate organization to the financial reorganization of an entire country.
When the U.S. extricated itself from Nicaragua, Elliott made Nicaragua City his new home. It was here he took on an executive position as general auditor for the International Railway of Central America. Elliott also produces two books during this time: “Tea Room and Cafeteria Management,” published in August of 1926 by Little, Brown and Company, and “The Future of Latin America,” which was an analysis of the economic and social problems of Latin America, as well as a proposal for maintaining and creating economic stability and prosperity in the region.
Elliott though having 2 books already published and another waiting in the wings for consideration he moved back to the United States to start-up his own independent management consulting business. However, it was at this same time that he starting feeling the effects of an alimentary tract illness that he contracted in Central America.
Over the next several years Elliot’s business bloomed and his book reviews all turned up as favorable. He was also in demand as a speaker. However, by 1929, Elliott’s star lost some of its glow as his illness took a turn for the worse as his illness wes developing into a debilitating case of pernicious anemia, leaving him bed-ridden and forced into retirement at the very early age of 58.
However after several brushes with death along with many unresponsive treatments lasting almost 5 years Elliott found himself in need of occupying his mind with something prolific. It was during this time that he decided to turn his full attention to studying the behavior of our financial market. Elliot decided to incorporate the discoveries of Charles Dow into his own research of observing how the patterns of the financial markets also reflected cycles of human pessimism and optimism throughout its history.
Elliot covered 75 years of stock market behavior though his investigations regarding monthly, weekly, daily, hourly, and half-hourly charts in the financial marketplace. Through his extensive investigation he fulfilled a mission he wrote about in his manuscript on Latin America being, “There is a reason for everything, and it is one’s duty to try to discover it.”
Two months after Elliot’s final brush with death in May of 1934, his observations of stock market behavior began to come together into a set of principles concerning the degrees of wave movement in the stock price averages. The scientific term commonly used today to refer to this observation is “fractal,” which comes under the umbrella of chaos science. In the latter part of the 1920’s and through continued study of market trends, Elliott developed the “Elliott Wave Theory,” describing his hypothesis that trades were made in repetitive cycles which he believed were the result of the emotions of the traders who were affected by external influences.
Elliott, however, did go further in describing the component patterns and how they were linked together. He stated that the upward and downward swings of mass psychology always appeared in similar and continuous patterns, which were then separated into a new set of patterns which Elliott termed as “waves.” Elliott’s continued practice of his “wave theory” resulted in stunning accuracy of his stock market predictions. By November of 1934 he decided to present his ideas to Charles J. Collins of Investment Counsel, Inc., in Detroit, Michigan.
Throughout 1935, the Dow Jones Average had been declining. Elliott had predicted, with a fair degree of accuracy, hourly turns by telegram. In the second week of February Elliott had previously predicted the Dow Jones Rail Average broke its low of 1934 of 33.19. This outcome soured many financial advisors and brought back memories of the 1929-1932 crash. The Dow Jones Industrials continued to fall and were quickly reaching the 96 level, whereas the Rails fell 50% from their peak to the 27 level in 1933.
On March 13, 1935 (a Wednesday, not a Friday), after the close of trading, the Dow Jones finished near the lows for the day. Elliott sent a telegram to Collins stating; “Notwithstanding bearish [Dow] implications, all averages are making final bottom.”Collins read the telegram the next day, March 14, 1935, which also happened to be the day of the closing low for the Dow Industrials for that year.
March 12th, the day before the telegram was sent, marked the closing low for the Dow Jones Rails. The thirteen month “correction” was now over, and the market turned towards the upside. Two months into the continual climb of the stock market, Collins, who was thoroughly impressed by Elliot’s accuracy collaborated on the compilation of a book with him on the Wave Principle which was made suitable for distribution to the public.
On August 31, 1938, “The Wave Principle,” was officially published.A few weeks after the publication of his book, Elliott moved to a hotel in Columbia Heights, Brooklyn, which was but a subway stop away from Manhattan’s financial district. Elliott published the first in a long series of Interpretive Letters analyzing and forecasting the path of stock market trends. In early 1939, he was commissioned to write twelve articles on his wave principle for Financial World Magazine, establishing his reputation with the investment community and also led to the publication of a series of his Educational Bulletins, one of those bulletins being a ground breaking work raising the Wave Principle from a broad record of the market’s behavioral patterns, to an expansive theory of collective human behavior newly born to the world of economics and sociology.
By the early 1940s, Elliott’s concept that the ebb and flow of human emotions and activities follow a natural progression which is governed by the Laws of Nature and tied those patterns of collective human behavior to the Fibonacci (‘golden’) Ratio, a mathematical occurrences known for ages by mathematicians, scientists, artists, scientists, architects, and philosophers as one of nature’s all-pervading laws of form and progress.
Elliott’s most definitive work, “Nature’s Law: The Secret of the Universe,” was a majestically titled monograph encompassing just about every thought he had regarding his theory of the Wave Principle. He published this opus on June 10, 1946, at the age of 75, selling about 1,000 copies throughout New York’s financial community. Elliot had finally made his mark upon history and nonetheless, a little less than two years before his death.
Thanks to Elliott and his pioneering research thousands of traders, portfolio managers and private investors use the Wave theory with regards to their decision-making technical research. George Bayer Born in Germany, George Bayer moved to the United States in early 1900’s in order to satisfy his American dream of becoming a successful trader on New York City and Chicago’s speculative markets. Upon his arrival in New York, it is supposed that Bayer started out as a stockbroker and gravitated to the study of natural cycles within the markets
Though little was known about Bayer, we certainly can see today that he was a most prolific and highly successful writer of books regarding financial investment. Bayer is also noted with having authored and published one of the most unique books about market analysis entitled, “Expert Stock Trader.” His highly original theories and methodologies singled Bayer out as one of the great investment giants of his time.
Much like his contemporaries W.D. Gann and RN Elliot, Bayer was also successful in accurately predicting price levels in market movements which undoubtedly yielded great profits, however unlike Gann, Bayer did not have a good grasp of trade management, even though he did write books on the subject. Bayer marketed his financial trading services to 300 clients who took his forecasts, yet there is no solid evidence that states he sold as many lessons on the subject as Gann did.
Gann and Bayer did have in common their successful ability to deliver their trading theories through code in their writing and both did rely much on their study of ancient writings as the basis of their knowledge. One example is a book Bayer wrote entitled “George Wollsten: Expert Stock and Grain Trader,” which is a story many believed was written with a code format which when decrypted, would reveal a hidden message leading to information on how to accurately calculate the natural cycles of markets.
Bayer made Brooklyn New York his home for over forty years and continued to write and publish books in English on trading stocks and commodities. He was a fervent researcher who spent most of his life studying and researching the financial markets until his passing in the mid 1950’s.
A chronological listing some of George Bayer’s published works are as follows:“Bible interpretations” – 1937“Investing in Stocks, Trading in Commodities,” or “The Time Factors in the Stock Market” – 1937“Complete Course in Astrology: Erection and Interpretation of Horoscopes for Natives As Well As For Stocks” – 1937“Preview of Markets for June 1939” – 1939“Stock and Commodity Trader’s Handbook of Trend Determination”- 1940“The Egg of Columbus,” or “The Hidden Movements in Stocks and Commodities Markets” – 1942“Turning Four Hundred Years of Astrology to Practical Use” – 1943“George Wollsten: Expert Stock and Grain Trader”- 1946“Gold Nuggets for Stock and Commodity Traders”- 1948
Works CitedWD Gann Biography (Date Unspecified). Trader’s Log. Retrieved April 24, 2007, from http://www.traderslog.com/Ralph-Nelson-Elliott-Biography.htmGilmore, Bryce. An Introduction to the Methods of WD Gann (2006, January 29). Retrieved April 25, 2007, fromhttp://mysite.verizon.net/bonniehill/pages.aux/gann/bgilmore/gannintro.htmlClemens, Les J. W.D. Gann: A Trading Legend. A Biography by Les J. Clemens. (1992) Ralph Nelson Elliott Biography (Date not publicized on site). Trader’s Log. Retrieved April 24, 2007, from http://www.traderslog.com/Ralph-Nelson-Elliott-Biography.htmRalph Nelson Elliott (1997-2007). Elliott Wave International. Retrieved April 25, 2007, from http://www.elliottwave.com/info/elliott_bio.aspxRalph Nelson Elliott (2005 – 2008). Traders Log. Retrieved August 17, 2008, from http://www.traderslog.com/Ralph-Nelson-Elliott-Biography.htmRalph Nelson Elliott (Date Unspecified). Retrieved August 17, 2008, from http://oyster-catch.com/page4.htmAbout W.D. Gann and George Bayer (2008). Money Making Charts. Retrieved August 22, 2008, from http://www.moneymakingcharts.com/100138.phpReference Source. Society of Technical Analysts (Date Unspecified). Retrieved August 27, 2008, from http://www.sta-uk.org/reference_source.htm
His first software version was completed in the early part of 2002's while trading for himself in a private office.
Background research gone into the development of software are:Modern technical techniques, theory behind metaphysical energy in relation to technical analysis, forecasting time and price cycles using static and Astronomical cycles, modern and ancient time cycles, modern and ancient Astrology, forecasting time and price cycles, modern and ancient sacred numbers, planetary fingerprints behind price/time movements and much more.
Mr Giordano greatest achievement to date is his development of the Gann Grids Ultra software in 2012 and now in 2024 his Gann Grid Master's 3.0 version. The 3.0 now include many more of the master's true forecasting methods which can be viewed on screen with a simple click of a button.
Some of Rob's hobbies are: Weight training, Mountain climbing, Hiking, Biking, and Fishing but his passion is technical research along with time cycle exploration.
Concept OverviewIn the early part of 1995 I became interested in becoming a technical research specialist and sought as much information as I could find on the subject. I read as many books, courses and articles as I could while at the same time testing dozens of technical forecasting systems. I however found most if not all fell short of expectations in actual trading. However, after extensive investigation on the subject the names of W D Gann, R N Elliot and George Bayer stood out as being the best of the best within the fascinating field of technical analysis and forecasting. What I found was each had a larger-than-life Bio along with an astonishing track record of forecasting market turns weeks and at times months in advance… Documented!
But the fact that Gann and Bayer used a kind of astronomy to generate their forecasts didn’t sit well with me at first, in fact to me the whole subject was nothing more than superstition and mumbo jumbo rather than an actual science. What I did eventually begin to see after 3 years of intense study was Gann spoke freely about many natural and interesting laws such as the law of vibration, the laws of geometrical angles, range divisions, time cycles and natural time sequencing followed by an introduction to his master calculators. Gann also showed a unique understanding of astronomy and astrology as explained in several examples of planets having a direct relationship to price support and resistance along with other astronomical calculations. It seemed his understanding of astrology was more of a hard factual science that could be back tested and confirmed, rather than just chart interpretations of pending doom and gloom. His type of astrological forecasting was more of an astronomical method with straight forward rules rather than what would be given from most street corner astrologers both around at that time or even today …… I was intrigued!
George Bayer spoke of Hebrew letters, graphical ellipses on specially sized chart paper, large amounts of astronomical observations on what he felt were the keys to unlocking most markets price and time reversal periods, aspect timing using the planets and hot zodiac degrees locations, theory behind solar and lunar eclipses in forecasting and also something he called his 5-fold horoscope. He also felt many ancient metaphysical texts were filled with hidden secrets of natural time cycles as explained in his various books and courses. He also stated this was the origin of his unique research and astronomical trading tool applications. R N Elliot believed his research on the natural coincidences of a special number cycle was consistent with not just the fluctuations of our universal markets but also tied directly into nature herself. He found that the Fibonacci sequence, the golden ratio, and the distinct number pattern found within his pyramid research were all around him all the time. He found the sacred sequences and numbers in natural plant growth patterns, seashell spirals, vortex spirals, planet rotation cycles, sacred architectural geometry, musical note intonations and galactic progressions. At first being somewhat of a skeptic I tested each and every tool in exactly the way instructed by each to do within their various works, and to my surprise I found many of the Astro tool applications did in fact work…. and at times work well! I termed this special astro technical timing, “Individual and natural energy date research". WD GANN Along with being a pioneer in the field of technical analysis William Delbert Gann is considered by many to be one of the greatest traders of all time along with holding the title “Father of technical analysis and forecasting”
In the beginning Gann also lost significant amounts of money on trades which he admitted on several occasions; however, he later wrote that by entering the trading arena without solid rules and based solely on the feelings of hope, greed and fear is what caused most of his losses in the first place. In his later works he cautioned that if uncontrolled these same emotions would eventually lead to most trader’s demise. It was at this point his 29 rules of success were defined and written down. tor's as he believed the Bible was written in a veiled language concerning cycles of time. This in turn made it more significant for him to uncover, understand and actually apply the true meanings within its pages. Cycles, repetition of significant number sequence along with Wise Men following the stars are what he felt the bible was really about. Gann attended grammar school but opted out of high school and college for a career in finance and trading. He took up work for a brokerage firm in Texarkana while at the same time attended business school at night. Throughout his schooling he was known by his teachers as a gifted Mathematician along with having a great appetite for sacred knowledge. Gann truly believed if he could understand the sacred sciences correctly, he may be able to forecast the future trends of markets well into the future. This burning desire to understand and actually apply sacred knowledge to price and time charts led him down some interesting and odd avenues which culminated in many fantastic and unique forecasting discoveries throughout his long trading career. WD made his first trade in cotton at the age of 24, a commodity he was very familiar with. This trade was marked with a small profit. However, over the next fifty-three years Gann was cited as taking over fifty million from the markets using his unique techniques. Apparently, he was not just getting his feet wet with that initial commodity trade as it appeared from his first trade on he was applying his own forecasting discoveries with fantastic results. These same techniques were also undefinable to most modern market technicians around at his time or even today! It also appeared that WD continued to use, refine and add to his observations throughout the rest of his trading career as his books and courses can attest. This research included the discoveries made within his mystical Biblical codex research along with many other metaphysical and mathematical techniques. In 1903 at the age of 25, Gann moved to New York City where he started his own brokerage firm, “W.D. Gann and Co. His quest for perfection also led him to Oklahoma City in 1906 where he worked as a broker for a small brokerage firm both making trades for himself along with handling large accounts for other clients. Having a continually restless mind, he also examined the successes and failures within the theories of other traders and found that more than 90% of those who enter the markets without proper knowledge lost in the end. In the beginning Gann also lost significant amounts of money on trades which he admitted on several occasions; however, he later wrote that by entering the trading arena without solid rules and based solely on the feelings of hope, greed and fear is what caused most of his losses in the first place. In his later works he cautioned that if uncontrolled these same emotions would also eventually lead to most trader’s demise. It was at this point his 29 rules of success were defined and written down. Also, early on in his trading career Gann just like Elliot and Bayer noticed that hidden within the intermittent rise and fall of the stock and commodity market price/time swings was a type of hidden order. This hidden order is what eventually led Gann after many years of research to the discovery that natural and universal law made not just for an interesting read but was also the root cause within most markets price and time cycles. He again felt if he could better understand these same natural laws he could make superior trading decisions.
This discovery set off at least ten years of devoted research on the metaphysical relationship between stock and commodity market fluctuations. According to many he traveled to England, Egypt and India in order to learn more about the ancient mathematics of astronomy, astrology and the sacred science of proportions vaguely mentioned by the mystic of old. Many also believe it was in a temple visited in Egypt whose construction led him to the formulation of his unique “Square of 9 and spiral charts. What amazed me was since calculators were non-existent in the early 1900's Gann had to understand those concepts to such a degree that he could substitute a slide rule for his own master charts. Using the Square of 9 as an ingenious type of calculator he was able to analyze and study the price actions of various markets many years in advance. It is also believed that a total of nine months were spent in the British Museum working day in and day out researching stock and commodity prices dating back to the 1820’s along with wheat prices going all the way back to the 1200’s. Gann also found himself in the New York Astor Library were he further researched stock and commodity markets fluctuations based on natural law. However, according Gann it wasn't until August 8, 1908, that his greatest mathematical discovery was made called his “Master Time Factor.” After this date it became clear that his success was much more than “luck” as many predictions after this period were over 85% accurate throughout the following years. Over time Gann became a prolific researcher in the fields of numerology, weather forecasting, astronomy, astrology and sacred proportion sequencing. Some also believe he was a 33rd degree Mason ( but I personally never found proof to this claim), But again claimed he learned his forecasting techniques from reading the Bible along with other means of research.
Gann also began publishing a daily market letter in 1919 titled, “The Supply and Demand Newsletter,” which covered the topics of stocks and commodities as well as publicizing yearly forecasts. Gann’s market forecasts during the 1920s were also said by many to be approximately 85% accurate. In early 1923, Gann started another service called “The Busy Man’s Service,” where Gann supervised the trading accounts of various professionals and businessmen instructing them on what to buy, when to buy it, and when to sell. According to Gann the basic premise behind his trading method was that the future is a repetition of the past and that time governed all parts of market movements. His discoveries also enabled him to understand just how and when the effects of natural law governed the actions of men over cycles of time. And since he could calculate these cycles’ days, weeks, or even months in advance he demonstrated over and over that he could beat the markets with his superior trading decisions. Gann was so adept at trading stocks and commodities based on his unique time and price discoveries that he was able to publish forecasts for yearly highs and lows on multiple markets with uncanny accuracy many months in advance.
As an example, in 1928 Gann made a forecast which was published in 1928 predicting the 1929 Stock market “Crash” as well as predicting it being Black Friday, a full year ahead! He also published many books such as “The Tunnel Through The Air,” published in 1927. (This particular book is noted for Gann’s prediction of Japan’s attack on the U.S years in advance) “The Truth of the Stock Tape,” “How to Make Profits from Pulls and Calls,” “How to Make Profits in Commodities,” “45 Years in Wall Street,” and “New York Stock trend Detector. “along with produced various instructional courses on trading.(Most courses were just notes and individual lessons strung together over the years) Mr Gann also had a cache of price and time tools which were taught to his personal students in weekend courses during the late 1940’s and mid 1950s which estimated around $5,000 each. Among some of the tools taught were the Square of Nine, The Square of 144, the Square of 90, the hexagon Chart as well as many other unique forecasting applications. As another example Gann shared similar beliefs as RN Elliot as he believed that Bull and Bear campaign moved in three to five sections. Elliott believed that there were three impulse waves in a in a “Bull or Bear,” trend with the possibility of an extended fifth wave. Each however believed that the markets most commonly repeated ½ or 50%, 5/8ths (62.5%), or 3/8ths (37.5%) of the previous range in both price and time.
In the late 1930’s John L. Gann (Gann’s Son) was in partnership with his father in the firm, W.D. Gann and Son Inc. However, a clash of personalities between the two ended their business association in the mid 1940’s due to the science of astrology. John L Gann did not believe astrology/astronomy played a big enough part in technical analysis to affect market trends or human behavior. This opinion greatly upset his father as he knew it to be fact. In 1947 William sold his company W.D. Gann Research Inc. to a San Francisco attorney named C.C. Loosli. Mr. Loosli became disenchanted with the company and on February 14, 1948, turned it over to a gentleman named Joseph Lederer, who was from St. Louis Missouri.
The W.D. Gann Research office later operated from 82 Wall Street in New York City up until 1952 then relocated to Scarsdale New York. The company once again moved in 1956 to St. Louis where its only function was that of investment advising.Gann later moved to Miami Florida in 1950 where he and his partner Ed Lambert founded the Lambert-Gann Publishing Company. Ed Lambert was an architect who designed the interstate highway system of the greater Miami area.
On June 14, 1955, the trading world lost one of its greatest legends and traders as this was the day W.D. Gann succumbed to Cancer in the Methodist Hospital located in Brooklyn New York at the age of 77. (I was Born in this Hospital) He was survived by his wife Sadie, his son John, and his three daughters. It is believed that his son, John L. Gann passed away in 1984.
Rumored Mr Gann was buried alongsides his second wife Rena May Smith in Green-Wood Cemetery located in Brooklyn New York overlooking Wall s, I personally know this to be fact as I have personally visited the site several times over the years. And yes, it actually does overlook Wall Streets spectacular view. It is also obvious that he is buried in a section of the cemetery that is highly Masonic as i witnedded several nearby tombstones riddled with Masonic symbolism.
Ed Lambert his partner in the publishing company to this day is responsible for keeping the “Gann Knowledge alive,” which include many collected records, charts, and journals which were later sold to a gentleman named Billy Jones in the 1960s. Jones was the one responsible for compiling all of Gann’s works into two instructional courses that were entitled, “The W.D. Gann Commodity Course,” and “The W.D. Gann Stock Market Course.”
Gann’s charts also disclose the cycles worked on dating back to the beginning of written records on several commodities and were found by most to be unlike any others research up to the present. Luckily, now run by Nikkie Jones (wife of Billy Jones) Lambert Gann still houses the master works of WD Gann for all to see. Lambert Gann is located in Sabina, Ohio
Being a humble man who even at the age of 75 never claimed to have learned all there was to know about the secret science of stock and commodity trading, however in reality knew more about the the workings of our financial markets than any other trader in existence. Gann over the years never totally revealed all of his secrets to his private students or within the various articles and later interviews. This black hole of knowledge for many is the fuel that truly kept his fire burning for so many traders over so many years On the bright side, figuring it all out and possibly shedding light on at least some of “Gann’s True Trading Methods” has been my goal for well over the past 20 plus years, figureing out Gann's secrets to me is the actual fuel which keeps the fire burning within, thus rejoicing in the fact that one day we too may understand and trade like Gann. RN Elliot
"The stock market is a creation of man and therefore, reflects human idiosyncrasy.”- Ralph Nelson Elliott
Born on July 28, 1871, in Marysville, Kansas, Ralph Nelson Elliott was a true scholar in the world of technical research and finance.
Elliott moved to San Antonio, Texas and in 1896, to become an accountant. He held various executive positions for twenty-five years, mainly dealing with a number of railroad companies throughout Mexico and Central America. Elliott earned his reputation as an excellent business organizer after he rescued a variety of different companies from financial ruin throughout his career.
It was Elliot’s reputation as a business organizer that caught the attention of the U.S. State Department, for whom in 1924, he was chosen to be the Chief Accountant for Nicaragua, which during that time, was under the control of the U.S. Marines. By February of 1925, he started applying his gift for corporate organization to the financial reorganization of an entire country.
When the U.S. extricated itself from Nicaragua, Elliott made Nicaragua City his new home. It was here he took on an executive position as general auditor for the International Railway of Central America. Elliott also produces two books during this time: “Tea Room and Cafeteria Management,” published in August of 1926 by Little, Brown and Company, and “The Future of Latin America,” which was an analysis of the economic and social problems of Latin America, as well as a proposal for maintaining and creating economic stability and prosperity in the region.
Elliott though having 2 books already published and another waiting in the wings for consideration he moved back to the United States to start-up his own independent management consulting business. However, it was at this same time that he starting feeling the effects of an alimentary tract illness that he contracted in Central America.
Over the next several years Elliot’s business bloomed and his book reviews all turned up as favorable. He was also in demand as a speaker. However, by 1929, Elliott’s star lost some of its glow as his illness took a turn for the worse as his illness wes developing into a debilitating case of pernicious anemia, leaving him bed-ridden and forced into retirement at the very early age of 58.
However after several brushes with death along with many unresponsive treatments lasting almost 5 years Elliott found himself in need of occupying his mind with something prolific. It was during this time that he decided to turn his full attention to studying the behavior of our financial market. Elliot decided to incorporate the discoveries of Charles Dow into his own research of observing how the patterns of the financial markets also reflected cycles of human pessimism and optimism throughout its history.
Elliot covered 75 years of stock market behavior though his investigations regarding monthly, weekly, daily, hourly, and half-hourly charts in the financial marketplace. Through his extensive investigation he fulfilled a mission he wrote about in his manuscript on Latin America being, “There is a reason for everything, and it is one’s duty to try to discover it.”
Two months after Elliot’s final brush with death in May of 1934, his observations of stock market behavior began to come together into a set of principles concerning the degrees of wave movement in the stock price averages. The scientific term commonly used today to refer to this observation is “fractal,” which comes under the umbrella of chaos science. In the latter part of the 1920’s and through continued study of market trends, Elliott developed the “Elliott Wave Theory,” describing his hypothesis that trades were made in repetitive cycles which he believed were the result of the emotions of the traders who were affected by external influences.
Elliott, however, did go further in describing the component patterns and how they were linked together. He stated that the upward and downward swings of mass psychology always appeared in similar and continuous patterns, which were then separated into a new set of patterns which Elliott termed as “waves.” Elliott’s continued practice of his “wave theory” resulted in stunning accuracy of his stock market predictions. By November of 1934 he decided to present his ideas to Charles J. Collins of Investment Counsel, Inc., in Detroit, Michigan.
Throughout 1935, the Dow Jones Average had been declining. Elliott had predicted, with a fair degree of accuracy, hourly turns by telegram. In the second week of February Elliott had previously predicted the Dow Jones Rail Average broke its low of 1934 of 33.19. This outcome soured many financial advisors and brought back memories of the 1929-1932 crash. The Dow Jones Industrials continued to fall and were quickly reaching the 96 level, whereas the Rails fell 50% from their peak to the 27 level in 1933.
On March 13, 1935 (a Wednesday, not a Friday), after the close of trading, the Dow Jones finished near the lows for the day. Elliott sent a telegram to Collins stating; “Notwithstanding bearish [Dow] implications, all averages are making final bottom.”Collins read the telegram the next day, March 14, 1935, which also happened to be the day of the closing low for the Dow Industrials for that year.
March 12th, the day before the telegram was sent, marked the closing low for the Dow Jones Rails. The thirteen month “correction” was now over, and the market turned towards the upside. Two months into the continual climb of the stock market, Collins, who was thoroughly impressed by Elliot’s accuracy collaborated on the compilation of a book with him on the Wave Principle which was made suitable for distribution to the public.
On August 31, 1938, “The Wave Principle,” was officially published.A few weeks after the publication of his book, Elliott moved to a hotel in Columbia Heights, Brooklyn, which was but a subway stop away from Manhattan’s financial district. Elliott published the first in a long series of Interpretive Letters analyzing and forecasting the path of stock market trends. In early 1939, he was commissioned to write twelve articles on his wave principle for Financial World Magazine, establishing his reputation with the investment community and also led to the publication of a series of his Educational Bulletins, one of those bulletins being a ground breaking work raising the Wave Principle from a broad record of the market’s behavioral patterns, to an expansive theory of collective human behavior newly born to the world of economics and sociology.
By the early 1940s, Elliott’s concept that the ebb and flow of human emotions and activities follow a natural progression which is governed by the Laws of Nature and tied those patterns of collective human behavior to the Fibonacci (‘golden’) Ratio, a mathematical occurrences known for ages by mathematicians, scientists, artists, scientists, architects, and philosophers as one of nature’s all-pervading laws of form and progress.
Elliott’s most definitive work, “Nature’s Law: The Secret of the Universe,” was a majestically titled monograph encompassing just about every thought he had regarding his theory of the Wave Principle. He published this opus on June 10, 1946, at the age of 75, selling about 1,000 copies throughout New York’s financial community. Elliot had finally made his mark upon history and nonetheless, a little less than two years before his death.
Thanks to Elliott and his pioneering research thousands of traders, portfolio managers and private investors use the Wave theory with regards to their decision-making technical research. George Bayer Born in Germany, George Bayer moved to the United States in early 1900’s in order to satisfy his American dream of becoming a successful trader on New York City and Chicago’s speculative markets. Upon his arrival in New York, it is supposed that Bayer started out as a stockbroker and gravitated to the study of natural cycles within the markets
Though little was known about Bayer, we certainly can see today that he was a most prolific and highly successful writer of books regarding financial investment. Bayer is also noted with having authored and published one of the most unique books about market analysis entitled, “Expert Stock Trader.” His highly original theories and methodologies singled Bayer out as one of the great investment giants of his time.
Much like his contemporaries W.D. Gann and RN Elliot, Bayer was also successful in accurately predicting price levels in market movements which undoubtedly yielded great profits, however unlike Gann, Bayer did not have a good grasp of trade management, even though he did write books on the subject. Bayer marketed his financial trading services to 300 clients who took his forecasts, yet there is no solid evidence that states he sold as many lessons on the subject as Gann did.
Gann and Bayer did have in common their successful ability to deliver their trading theories through code in their writing and both did rely much on their study of ancient writings as the basis of their knowledge. One example is a book Bayer wrote entitled “George Wollsten: Expert Stock and Grain Trader,” which is a story many believed was written with a code format which when decrypted, would reveal a hidden message leading to information on how to accurately calculate the natural cycles of markets.
Bayer made Brooklyn New York his home for over forty years and continued to write and publish books in English on trading stocks and commodities. He was a fervent researcher who spent most of his life studying and researching the financial markets until his passing in the mid 1950’s.
A chronological listing some of George Bayer’s published works are as follows:“Bible interpretations” – 1937“Investing in Stocks, Trading in Commodities,” or “The Time Factors in the Stock Market” – 1937“Complete Course in Astrology: Erection and Interpretation of Horoscopes for Natives As Well As For Stocks” – 1937“Preview of Markets for June 1939” – 1939“Stock and Commodity Trader’s Handbook of Trend Determination”- 1940“The Egg of Columbus,” or “The Hidden Movements in Stocks and Commodities Markets” – 1942“Turning Four Hundred Years of Astrology to Practical Use” – 1943“George Wollsten: Expert Stock and Grain Trader”- 1946“Gold Nuggets for Stock and Commodity Traders”- 1948
Works CitedWD Gann Biography (Date Unspecified). Trader’s Log. Retrieved April 24, 2007, from http://www.traderslog.com/Ralph-Nelson-Elliott-Biography.htmGilmore, Bryce. An Introduction to the Methods of WD Gann (2006, January 29). Retrieved April 25, 2007, fromhttp://mysite.verizon.net/bonniehill/pages.aux/gann/bgilmore/gannintro.htmlClemens, Les J. W.D. Gann: A Trading Legend. A Biography by Les J. Clemens. (1992) Ralph Nelson Elliott Biography (Date not publicized on site). Trader’s Log. Retrieved April 24, 2007, from http://www.traderslog.com/Ralph-Nelson-Elliott-Biography.htmRalph Nelson Elliott (1997-2007). Elliott Wave International. Retrieved April 25, 2007, from http://www.elliottwave.com/info/elliott_bio.aspxRalph Nelson Elliott (2005 – 2008). Traders Log. Retrieved August 17, 2008, from http://www.traderslog.com/Ralph-Nelson-Elliott-Biography.htmRalph Nelson Elliott (Date Unspecified). Retrieved August 17, 2008, from http://oyster-catch.com/page4.htmAbout W.D. Gann and George Bayer (2008). Money Making Charts. Retrieved August 22, 2008, from http://www.moneymakingcharts.com/100138.phpReference Source. Society of Technical Analysts (Date Unspecified). Retrieved August 27, 2008, from http://www.sta-uk.org/reference_source.htm
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