- Eligibility
- Basic Technical Analysis
- Language
- English, Hindi, Bengali
- Learning Mode
- Online Classroom
- Duration
- 3 Months
- Faculty
- Mr. Susanta Malik
5 (52 Rating) 112 Students Enrolled
Ralph Nelson Elliott developed the Elliott Wave Theory who says the market will move in a repetitive pattern like 1,2,3,4,5& a,b, c. He also says all of these waves are fractal in nature. All waves are two types impulsive & dynamic. In my opinion, Elliott’s theory somewhat resembles the Dow theory. So we will arrange these two course Gann theory & Elliot theory together. About Gann theory, W.D Gann is the inventor of this theory. Gann believes in cycle theory, he also believes that markets are always changing and that decisions must be made based on today’s conditions, not yesterday’s. All of these theories which we trained you based on modified technical analysis which suits the current market conditions.
Intended Participants
What is the utility of Elliott & Gann theory for trading purpose?
Both of these theories are very essential for trading &investment purpose. Because as per Elliott theory we may count which wave is now going in that security. After that, use of Gann theory we may trade on that security. Because Gann theory is very essential for trading purpose.
What is gann square of 9?
Gann relied heavily on geometrical & numerical relationship and created several tools to help with his work. Square of 9 is that result. It is considered a cornerstone of his trading technique that is based on time and price symmetry.
Does the square of 9 works on the current market?
Yes, we think it is an interesting arrangement that has a specific order and can be used in many different ways. It is a unique tool for the modern day.
Is it trading tools?
Yes, it is absolutely trading tools. If it uses with Ganns Swing chart, the result produces a handsome profit.
What is Gann Swing chart?
Swing trading is based on identifying swings in stocks, commodities, and currencies that take place over a period of days. A swing trade may take a few days to a few weeks to work out. But Gann swing chart is another behavior of the market.
What is wave theory in stocks?
The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs, and lows in prices, and other collective factors.
Is the Elliot theory is accurate & market friendly?
Yes absolutely.Because Elliot predicts that a stock or commodity will maintain a special character. So if you count wave pattern then describe any financial market with various nature in future. So wave counting is mandatory for future prediction. Elliot proposed that market prices unfold in specific patterns.
Why Gann & Elliot together?
For many traders and investors, the discoveries of Gann and Elliott are beyond reproach. And yet, the Arc Principle shows that Gann did not know everything there was to know about Gann Angles, and Elliott did not know everything there was to know about Elliott Waves. Behind every Gann Angle is an Arc pinpointing the turning point. Behind every completed Elliott Wave is an Arc confirming the wave count.