This article is taken from the YourTradingEdge magazine (NOV/DEC 2011 issue).

David Burton has been studying and using financial astrology and the methods of WD Gann since 1980.

  • David Burton explores the trading methodology of WD Gann.

Most people are not aware that WD Gann followed cycles on just about anything he could get data on. Gann had hand-drawn charts hanging in his office, one of which showed four natal charts in the inner circle: 12 October 1492, 4 July 1776, 13 March 1848 and 18 February 1859. The most important thing is that Gann had all the planetary conjunctions and oppositions marked on this chart: Jupiter/Saturn, Jupiter/Uranus, Jupiter/Neptune, Jupiter/Pluto; then Saturn/Uranus, Saturn/ Neptune, Saturn/Pluto; followed by Uranus/Neptune, Uranus/ Pluto and finally Neptune/Pluto. Dates starting in 1492 through to 2060 were marked outside the four inner circles. On his wheat charts, Gann had marked all the Jupiter/Saturn conjunctions, going back hundreds of years. Wheat went back to AD 1250 and cotton to AD 1600. In the book ‘How to Make Profits in Commodities’, Gann says that commodities collapse for six months after a war starts – and then a bull market begins. This was recently borne out when wheat bottomed in September 2001, stayed low for six months and then went on to achieve record highs in 2008 – which I had predicted in YTE in 1996, twelve years in advance. Cotton bottomed in October 2001 and went to record highs in 2008 and 2010–11.

The information contained in YourTradingEdge (published and online material) is based on information that is believed to be accurate and up to date at the time of publication. Neither MarketSource International Pty Ltd (“MSI”), nor its Directors or employees give any warranty of reliability or accuracy and readers should rely on their own assessment and inquiries. With respect to third party material published or referred to by YourTradingEdge, such material is published or referred to for information only and neither YTE, MSI nor any of their staff, warrant its accuracy or reliability. Information contained in published and online material is intended to be of a general and educational nature and is not intended to give financial or investment advice. It is recommended that specific advice be sought prior to acting on any matter contained herein. This information is of a general nature only and does not constitute professional advice. You must seek professional advice in relation to your particular circumstances before acting. The opinions expressed in this magazine are those of the authors, not MSI, unless otherwise stated. All material in YourTradingEdge is protected under the Commonwealth Copyright Act 1968. This published or online material may not, in whole or part, be lent, copied, photocopied, reproduced, translated or reduced to any electronic medium or machine-readable form without the express written permission of MSI.

Education feed

Editors’ Picks

EUR/USD recovers from Powell’s dip and holds above 1.1300

EUR/USD trades around 1.1310 after falling to 1.1234 following US Federal Reserve Chair comments on inflation on tapering. EU inflation hit a record high of 4.9% YoY in November.

EUR/USD News

GBP/USD falls to 1.3194, a fresh 2021 low

GBP/USD changed course on sudden dollar's demand, piercing the 1.3200 level for the first time since last December. Fed chief Powell talked about speeding up tapering, sending Wall Street in a selling spiral. 

GBP/USD News

USD/JPY slides further below 113.00, lowest since October 11

A combination of factors dragged USD/JPY to the lowest level since October 11 on Tuesday. COVID-19 woes, the risk-off mood benefitted the safe-haven JPY and exerted heavy pressure. A steep decline in the US bond yields weighed on the USD and contributed to the downfall.

USD/JPY News

Editors’ Picks

EUR/USD recovers from Powell’s dip and holds above 1.1300

EUR/USD trades around 1.1310 after falling to 1.1234 following US Federal Reserve Chair comments on inflation on tapering. EU inflation hit a record high of 4.9% YoY in November.

EUR/USD News

GBP/USD falls to 1.3194, a fresh 2021 low

GBP/USD changed course on sudden dollar's demand, piercing the 1.3200 level for the first time since last December. Fed chief Powell talked about speeding up tapering, sending Wall Street in a selling spiral. 

GBP/USD News

Gold at risk of piercing the monthly low at 1,758.81

The Omicron coronavirus variant may reduce the effectiveness of vaccines and treatments. US Federal Reserve Chair Powell talked about speeding up tapering. XAU/USD faltered again around the 1,800 level, may retest November low.

Gold News

Leading cryptos take the back seat

BTC is likely to face some underperformance against the altcoin market. ETH price action pushes higher during the Tuesday trading session, making another attempt at new all-time highs. XRP is close to recovering all of the losses it sustained on Black Friday.

Read more

Cyber Monday 2021 Discounts!

Glued to your trading screen on Cyber Monday? Upgrade your skills by signing up for FXStreet’s Premium service, offered at a discount of up to 50%. Fellow traders have already taken advantage of Black Friday profits. What about you? 

Subscribe now!

RECOMMENDED LESSONS

7 Ways to Avoid Forex Scams

The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?

What Are the 10 Fatal Mistakes Traders Make

Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.

Strategy

Money Management

Psychology