INTRADAY BITCOIN WITH W. D. GANN
Applying conventional technical analysis to Bitcoin and most crypto currencies has proven extremely challenging for most analysts and traders. This is probably due to cryptos being a new asset class and going through what we call 'price discovery.' But Bitcoin is unable to escape Gann's Law of Vibration. Bitcoin follows W. D. Gann's breakout/down lines, or polarity lines. The lines shown are based on proprietary calculations involving exogenous data. They are drawn in advance of the market open each day, and the position of the lines changes twice a day. The scale remains the same, but can be halved or doubled based on a formula involving present price compared to past price size. Bitcoin can be captured in the New York equities trading session, as you will see in the data below. This means we can quantify objective rules for this time frame only, so we can measure our success. Setting these lines up and Gann's trading rules are taught in entirety in our "W. D. GANN: MAGIC IN THE MARKETS" Training. Gann combined Polarity Lines with other Gann techniques as well as advocating they be traded as a standalone. Intraday polarity lines have been tested with 10+ years intraday on markets like crude oil and equity indexes. Applying these lines to the currency pair Bitcoin/USD is relatively new to us, but seems to work fantastic. Click on each picture below to expand and read test criteria, targets, slippage, etc. Because we use Wave59 to aid in back-testing this method, we are working to find data that will go further back into Wave59. The data above starts November 29, 2021. On the Bitcoin/USD pair, the target is about 280 dollars, with a potential of 2 trades per day. Stop would be about the same, as these numbers are based on the Law of Vibration and are constant. Slippage has been added to diminish each win, exaggerate each loss, and assume breakevens as losses (Gann counted them as wins, but that is less than realistic.) Its important to note that polarity lines work by themselves in this application without any other indicator to technique mixed in. Just a breakout/down line and a set of rules. As we write this our research is uncovering more techniques of W. D. Gann that work on Bitcoin. This asset has its own vibe and rules when it comes to Gann. Keep your eye on this page as we continue to unlock new Gann techniques on Bitcoin. Of course, these lines also work on other markets. Gann used them by themselves, like in this example, or in combination with other methods. Click here to see our main Polarity Lines page with examples from other markets and timeframes.
UPCOMING EVENTS...
EMPIRE NEWLSETTER 2022 FORECAST
March 2022Magic In The Markets Training
August 5th, ONLINEDISCLAIMER
Futures, Equities, and Options trading/investing has large potential rewards, but also large potential risk and is not suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in the equities, futures and options markets. Do not trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those W. D. Gann claimed or anything shown on this website. The past performance of any trading method, strategy, or technical analysis technique, system or methodology is not necessarily indicative of future results. No one associated with this seminar or Tradingwdgann.com are Registered Investment Advisors, Commodity Trading Advisors, or certified, registered, affiliated or approved in in any way with either the National Futures Association, Securities and Exchange Commission, Commodities Futures Trading Commission, or any other organization.
The “Magic In The Markets” course exegetes and replicates, as accurately as possible, the original technical analysis, strategies, and market techniques of the late W.D. Gann; and not necessarily the exact trading methods of course presenter or any other individual or entity. You may not be able to duplicate the results of W.D. Gann for many reasons, including, but not limited to, skill of the individual and the changes in financial markets since Gann wrote about them. Recipients of this course receive hypothetical, back–tested data and not actual trading results. Technical analysis, indicators, strategies, and market techniques, including any descriptions or evaluations of their performance, included in this course and displayed on this website, are described and evaluated based on hypothetical back-testing, and not the actual trades or earnings of any individual or entity. Course includes far more applications to market instruments and time frames than the presenter can possibly implement. Course author & presenter has sources of income in addition to his work with financial markets. In any and all descriptions of this course, or any information displayed on this website, no individual or entity, including past clients or course presenter, “hold themselves out” as achieving any level of success trading or amassing any level of wealth or income derived from any course offered on this website or any or all of the information displayed on this website.
“Magic In The Markets” teaches the individual technical analysis, market methods, strategies, and indicators we believe W. D. Gann used in financial markets, occasionally demonstrated by showing different ways Gann combined them to work together. Neither These combinations, nor anything displayed on this website or offered in any course on this website constitute a “futures trading system” or a “stock trading system.” Nothing shown or described on this website should be taken as any individual or entity claiming, inferring, or insinuating, investment advice in any way. No one associated with course or this website accurately verifies or tracks results of past clients.
CFTC RULE 4.41HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.