Overview The Herrick Payoff Index is designed to show the amount of money flowing into or out of a futures contract. The Index uses open interest during its calculations, therefore, the security being analyzed must contain open interest. The Herrick Payoff Index was developed by John Herrick. Interpretation When the […]
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By Ticker & Investment Digest, Vol 5, No 2 December 1909 Abstract / Introduction: Sometime ago the attention of this magazine was attracted to certain long pull stock market predictions which were being made by William D. Gann. In a large number of cases Mr. Gann gave us in advance […]
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By Arthur Angy December 1922 Abstract / Introduction: W.D. Gann has scored another astounding hit in his 1922 stock forecast issued in December 1921. The forecast called for first top of the bull wave in April, second top in August, and the final top and culmination of the bull market […]
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Overview W. D. Gann (1878-1955) designed several unique techniques for studying price charts. Central to Gann’s techniques was geometric angles in conjunction with time and price. Gann believed that specific geometric patterns and angles had unique characteristics that could be used to predict price action. All of Gann’s techniques require […]
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Financial markets are driven by people and are therefore influenced by the behaviour of people. Human behaviour is controlled, in turn, by both conscious and subconscious thought patterns. Whilst we are consciously unaware of its influence over us, the golden ratio of 0.618 appears to govern our judgement in situations […]
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