Both these methods will allow you to find potential reversal points by both the price of the market and the date.
For Fibonacci, we take the previous high and low that stands out, as well as their respective dates. We then calculate the potential turning points by using Fibonacci ratios like .382, .50 and .618. Let's suppose we are looking at a market that had a low of 300 and a high of 400. The low was made on January 1st and the high was made on June 30th. We take the difference in the prices and the dates and multiply them by the ratios mentioned.
For the price, we subtract 400 ? 300 = 100. We then multiply 100 by the ratios and subtract them from the second number which is 400.
So 100 * .50 = 50. 400 ? 50 = 350. The .50 ratio gives us a reversal point of 350. Do the same for the .382 and .618 ratios.
100 * .382 = 38.20. 400 ? 38.20 = 361.80.
100 * .618 = 61.80. 400- 61.80 = 338.20.
We now have 3 potential turning points in the market:
Price1: 361.80
Price2: 350.00
Price3: 338.20
For the time, we have applied the same calculations of the difference of the 2 dates and we get 3 dates where we have a potential reversal:
Date1: 9/6/2006
Date2: 9/28/2006
Date3: 10/19/2006
We are watching to see if Price and Time ?Meet?. When the potential price hits at one of the potential dates, this means that Price and Time have met.
Gann is not as easy to do by hand. You will need a program or the Gann square of nine in printed format to be able to see what the forecasted price reversals are. Also for Gann , only one price and date are entered. It is based on the squares in the pyramid and their mathematical alignment to each other.
Real Time Trading Software
Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading charges, and incredibly, he claims to be a time-traveler from the year 2256!
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January 28.
We don't believe this guy's story, he's either a lunatic or a pathological liar, says an SEC insider.
But the fact is, with an initial investment of only $800, in two weeks time he had a portfolio valued at over $350 million. Every trade he made capitalized on unexpected business developments, which simply can't be pure luck.
The only way he could pull it off is with illegal inside information. He's going to sit in a jail cell on Rikers Island until he agrees to give up his sources.
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall Street watchdogs.
If a company's stock rose due to a merger or technological breakthrough that was supposed to be secret, Mr. Carlssin somehow knew about it in advance," says the SEC source close to the hush-hush, ongoing investigation.
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mind-boggling four-hour confession.
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with knowledge of the handful of stocks destined to go through the roof could make a fortune.
It was just too tempting to resist, Carlssin allegedly said in his videotaped confession. I had planned to make it look natural, you know, lose a little here and there so it doesn't look too perfect. But I just got caught in the moment.
In a bid for leniency, Carlssin has reportedly offered to divulge "historical facts" such as the whereabouts of Osama Bin Laden and a cure for AIDS.
All he wants is to be allowed to return to the future in his "time craft." However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear the technology could "fall into the wrong hands.
Officials are quite confident the "time-traveler's" claims are bogus. Yet the SEC source admits, No one can find any record of any Andrew Carlssin existing anywhere before December 2002.
Weekly World News will continue to follow this story as it unfolds. Keep watching for further developments.
Reprinted Courtesy of Yahoo and Weekly World News.
Interesting?
The reason I put this story in is not to convince you that time travel is possible but to see the power of insider trading results. $800 into $350,000,000. Do you know of any other investment vehicle that could get these results? Let me know about it.
It also shows that even in the midst of the worst bear market in over 70 years if you are VERY SELECTIVE and go for only the very best trades (without doing it illegally) then there is ALWAYS money to be made in the stock market.
Both Dave Rivera & Mark Crisp are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Dave Rivera has sinced written about articles on various topics from Futures Trading, Day Trading and Investing and Trading. David Rivera is the developer of software which easily calculates potential reversals in markets based on price and time using Fibonacci and the Gann Square of Nine. You can learn about trading price and time by going to the following link: http://stock-. Dave Rivera's top article generates over 1900 views. to your Favourites.
Mark Crisp has sinced written about articles on various topics from Investing and Trading, Finances and Hot Stocks Pick. Mark CrispA successful Momentum Stock Trader. Mark Crisp's top article generates over 18100 views. to your Favourites.
Buy Anti Aging Cream Studying her life, there is sure to be a lot you can learn about old age