revisiting sq9
Posted: Sun Aug 23, 2020 8:49 pm
re time for NYSE Buttonwood chart: It occurred to me that on Gann's sq9 the 11th, 12th,& 13th numbers out from the center on the 0*/360* line are 452, 541, & 638. If you think of those numbers as 'time' mod1440, they translate to; 7:32, 9:01, & 10:38 - all possibilities for a 'start time'. The interesting thing to me is that since each of those is 0/360 or 0*Aries they represent the beginning of a new zodiac wheel.
thus btwn 7:32 & 9:01 there is 360* of time and again btwn 9:01 & 10:38 another 360* of time. The difference btwn 541 & 453 is 89 and 360/89 = 4.04*/minute or with a 1m chart, 7.42 bars =30* of zodiac. Once time arrives at 9:01, the difference btwn that & the next 360* time of 10:38 is 97 minutes and 360/97 3.71*/minute or 8.08 bars to cover 30* of zodiac.
The sq9 was purported to be an important piece of Gann's methodology although he never really discussed how he used it in any of his material. Certainly the above provides quite a different way of looking at intraday price movement.
best,
Sean
thus btwn 7:32 & 9:01 there is 360* of time and again btwn 9:01 & 10:38 another 360* of time. The difference btwn 541 & 453 is 89 and 360/89 = 4.04*/minute or with a 1m chart, 7.42 bars =30* of zodiac. Once time arrives at 9:01, the difference btwn that & the next 360* time of 10:38 is 97 minutes and 360/97 3.71*/minute or 8.08 bars to cover 30* of zodiac.
The sq9 was purported to be an important piece of Gann's methodology although he never really discussed how he used it in any of his material. Certainly the above provides quite a different way of looking at intraday price movement.
best,
Sean