Do you believe in Gann Retracements?

Do you believe in Gann Retracements? David Paul, Financial Trader comments. Gann originally found that retracements tended to give up 50% of the original move upwards. If you found value in watching this video, PLEASE LIKE AND SHARE so we can do more! Tell us more. Was W.D Gann a genius or a con man? - he’s quite a controversial persona in trading.
Tell us about some of Gann's discoveries and his trading ideas? William Delbert Gann started showing people how to trade with a mechanical method; when they started making money with the mechanical method he started teaching them the more advanced forecasting methodologies. There is a great deal of common ground between Gann and Fibonacci. Gann has very advanced methodologies of drawing trend lines...

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[vijayanand]

Beautiful answer, trade the market, not the forecast

[kitano]

imagine hating on dr david paul (rip) - this man has been trading longer than you have been alive. self made multimillionaire. show some respect

[thomastic]

Both Gann and Fib retracement levels heavily emphasize the 50% point - So to me they are both extremely close to the same principle which is basically saying "Yo, if it retraces to 50% PAY ATTENTION - something major about to happen - That is probably the most useful advice you can get " NOT saying ADD or EXIT no, that would be getting ahead of myself and going into future terriroty - just pay attention at that critical level and manage your position with your experience accordingly - PEACE

[StephenHollander]

He is one of the most knowledgable and experienced traders I have ever known, and he developed some very sophisticated methods. But he is incorrect when he says Gann "fans" are trendlines and you have to scale them. Computerised charts don't need "scaling", because the charts are dynamic and the chart scale is flexible.

[snarkypuppy]

He gave a round about answer. Eventually though he just says... no. It's cool to look at... but no. Not to trade

[krishnapvm]

w.d.gann law of vibration in trading face book discussion forum to understand what gann did, and proved in files section

[RaptureReady]

He spent a lot of time talking about manually drawing Gann on graph paper ... it’s all automatic now 😂

[sp-yeht]

Awesome line-i trade the markets and not the forecast..and of course this one- when trading, i take off my opinions as when i take off my coat..

[henryonlove]

🔥My mentor always says to follow the market. And this man just said he trade the market, not the forecast. 🔋😊

[bbones]

he can't even say Fibonacci properly.

[DannyBoyle-tpvg]

this fudgepacker does not directly answer the question.