{"product_id":"pattern-price-and-time-isbn-9780470432020","title":"Pattern, Price and Time","description":"\u003cp\u003e\u003cb\u003eAn updated look at applying W. D. Gann's controversial trading concepts to all major markets\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eW. D. Gann continues to be one of the most controversial figures in technical analysis. Despite his detractors, his theories remain fundamentally solid, and have been successfully adapted by several generations of traders. In this authoritative text, expert technician James Hyerczyk presents a straightforward overview of Gann Theory, its basic principles, and its proper applications in creating profitable trading systems. Hyerczyk examines, in complete detail, such essentials as swing charts and trend indicators, percentage retracements, Gann angles, and cycle dates. With fresh information about how to use price scales when charting forex, equity, and ETF markets, as well as discussions on how to calculate Gann angles for each market, this Second Edition of Pattern, Price and Time is a must-read for anyone looking to thoroughly understand–and successfully implement–one of the most important and powerful trading methods in existence.\u003c\/p\u003e \u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Why Pattern, Price, and Time? 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Who Was W. D. Gann? 5\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Gann Theory in a Nutshell 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Basis of Gann Theory: The Law of Vibration 23\u003c\/p\u003e \u003cp\u003ePattern 28\u003c\/p\u003e \u003cp\u003ePrice 28\u003c\/p\u003e \u003cp\u003eTime 30\u003c\/p\u003e \u003cp\u003eSquaring the Price Range with Time 32\u003c\/p\u003e \u003cp\u003eAdvanced Price and Time Techniques 33\u003c\/p\u003e \u003cp\u003eGann Theory and Its Application to Trading 42\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Chart Basics 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGann-Format Charts 45\u003c\/p\u003e \u003cp\u003eProper Chart Construction 50\u003c\/p\u003e \u003cp\u003eCharting Programs 56\u003c\/p\u003e \u003cp\u003eTypes of Charts 57\u003c\/p\u003e \u003cp\u003eSummary 66\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Pattern: Trend Indicator Charts 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMinor Trend Indicator 70\u003c\/p\u003e \u003cp\u003eIntermediate Trend Indicator 74\u003c\/p\u003e \u003cp\u003eMain Trend Indicator 80\u003c\/p\u003e \u003cp\u003eTrend Indicator Construction 84\u003c\/p\u003e \u003cp\u003eStop Orders 87\u003c\/p\u003e \u003cp\u003eUsing the Information Generated 88\u003c\/p\u003e \u003cp\u003eCharacteristics of the Trend Indicator Chart 89\u003c\/p\u003e \u003cp\u003eSummary 90\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Pattern: Swing Chart Trading 91\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReviewing the Trend Indicator Chart Rules 91\u003c\/p\u003e \u003cp\u003eBasic Trading Instructions 95\u003c\/p\u003e \u003cp\u003eTwo Ways to Determine a Change in Trend 99\u003c\/p\u003e \u003cp\u003eOther Swing Chart Trading Strategies 102\u003c\/p\u003e \u003cp\u003eSwing Trading Rules 104\u003c\/p\u003e \u003cp\u003eSwing Chart Negatives 119\u003c\/p\u003e \u003cp\u003eSummary 122\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Pattern: Other Chart Formations 125\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Double Bottom 125\u003c\/p\u003e \u003cp\u003eThe Double Top 127\u003c\/p\u003e \u003cp\u003eProlonged Rally or Break Rule 128\u003c\/p\u003e \u003cp\u003eBalancing Swings 129\u003c\/p\u003e \u003cp\u003eSignal Tops and Signal Bottoms 133\u003c\/p\u003e \u003cp\u003eOther Important Formations 140\u003c\/p\u003e \u003cp\u003eOther Popular Patterns 141\u003c\/p\u003e \u003cp\u003eSummary 141\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Price: Horizontal Support and Resistance 143\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Swing Charts 143\u003c\/p\u003e \u003cp\u003ePercentage Retracement Price Levels 146\u003c\/p\u003e \u003cp\u003eOther Retracement Levels 149\u003c\/p\u003e \u003cp\u003eMultiples of Bottoms and Divisions of Tops 149\u003c\/p\u003e \u003cp\u003ePivot Price Calculations 150\u003c\/p\u003e \u003cp\u003eMoving Averages 153\u003c\/p\u003e \u003cp\u003eSummary 154\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Price: Gann Angles 155\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eImportance of Gann Angles 156\u003c\/p\u003e \u003cp\u003eHow to Construct Gann Angle Charts 167\u003c\/p\u003e \u003cp\u003eSummary 195\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Combining Pattern and Price 197\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Time 203\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNatural Cycles 203\u003c\/p\u003e \u003cp\u003eAnniversary Dates 210\u003c\/p\u003e \u003cp\u003eSeasonality 216\u003c\/p\u003e \u003cp\u003eSwing Charts 221\u003c\/p\u003e \u003cp\u003eSquare Charts 225\u003c\/p\u003e \u003cp\u003eSummary 231\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Combining Pattern, Price, and Time 233\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Intermediate Trend Indicator 233\u003c\/p\u003e \u003cp\u003eThe Signal Bottom 238\u003c\/p\u003e \u003cp\u003eThe Signal Bottom: The First Leg Up 243\u003c\/p\u003e \u003cp\u003eGann Angles 245\u003c\/p\u003e \u003cp\u003ePercentage Retracement Zones 248\u003c\/p\u003e \u003cp\u003ePercentage Retracement Zones and Gann Angle Combinations 251\u003c\/p\u003e \u003cp\u003eTime Indicators 251\u003c\/p\u003e \u003cp\u003eThe Forecast 253\u003c\/p\u003e \u003cp\u003eConclusion 255\u003c\/p\u003e \u003cp\u003eAbout the Author 257\u003c\/p\u003e \u003cp\u003eIndex 259\u003c\/p\u003e \u003cp\u003e\u003cb\u003eJames A. Hyerczyk\u003c\/b\u003e is a registered Commodity Trading Advisor with the National Futures Association and owner of J.A.H. Research and Trading. His firm publishes \u003ci\u003eForex Pattern\u003c\/i\u003e, \u003ci\u003ePrice \u0026amp; Time Report and the Futures Pattern\u003c\/i\u003e, Price \u0026amp; Time Report newsletters and offers daily, weekly, and monthly advisory service on the futures, Forex, ETF, and equities markets as well as providing educational, research, and consulting services. Hyerczyk, who has been actively involved in the futures markets since 1982, has been published in print in SFO and Futures magazines as well as on various financial Web sites including FuturesHound.com and ForexHound.com.\u003c\/p\u003e  \u003cp\u003eWhile W. D. Gann continues to be one of the most controversial figures in technical analysis, many of his theories have been successfully adapted by several generations of traders.\u003c\/p\u003e \u003cp\u003eIn this fully revised and updated Second Edition of Pattern, Price \u0026amp; Time, expert technician James Hyerczyk presents an accessible overview of Gann Theory, its basic principles, and its proper application to real markets. And while Gann's concepts are a prominent part of the book, Hyerczyk adds some of his own original ideas to the discussion and offers insights into using technical analysis to trade today's Forex, futures, and equities markets.\u003c\/p\u003e \u003cp\u003eWritten with both the expert and aspiring trader in mind, this reliable resource skillfully examines the key elements of technical analysis—pattern, price, and time—by highlighting the proven trading techniques of Gann, and explores how these three elements can help you anticipate market movements and make more informed trading decisions. Unlike other analysis or trading disciplines, Gann analysis can be used in conjunction with other popular trading tools such as pivot points and candlestick charts. In fact, Pattern, Price \u0026amp; Time, Second Edition is written so that the reader can use Gann techniques to complement most trading strategies. The procedures highlighted will enhance a trader's ability to make sound market decisions because it teaches the importance of balancing analysis with the right amount of pattern, price, and time.\u003c\/p\u003e \u003cp\u003eOpening with a brief introduction to Gann, his theory, and the importance of having accurate data and charts, Pattern, Price \u0026amp; Time, Second Edition moves on to address other essential issues associated with this discipline, including:\u003c\/p\u003e \u003col\u003e \u003cli\u003e \u003cp\u003eBuilding swing charts using the minor trend, the intermediate trend, and the main trend\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eUsing horizontal support and resistance levels to find balance points in the market\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eCalculating Gann angles for different markets\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eUnderstanding the various ways that time can be used to determine tops, bottoms, and changes—from the most difficult method (natural cycles) to the most popular method (the squaring of time)\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eCombining pattern, price, and time into an effective analysis and trading tool\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eAnd much more\u003c\/p\u003e \u003c\/li\u003e \u003c\/ol\u003e \u003cp\u003eAfter the first edition of Pattern, Price \u0026amp; Time was published, Hyerczyk received criticism that he was holding back on Gann's secrets. This couldn't be further from the truth, and in order to prove this, Hyerczyk points traders, who want to study the metaphysical aspects of Gann analysis, in the right direction. Hyerczyk also reveals what he believes is the source of Gann's Law of Vibration and, in an effort to further enhance your trading performance, includes a link to the TradeStation code for his trend indicator. This will allow you to create swing charts in the same manner as W. D. Gann.\u003c\/p\u003e \u003cp\u003eTo profitably trade today's markets, you can't rely on pattern, price, or time independently. You must apply a combination of these three elements to improve your analysis and trading—and with the Second Edition of Pattern, Price \u0026amp; Time as your guide, you'll quickly discover exactly how.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePraise for \u003ci\u003ePattern, Price \u0026amp; Time\u003c\/i\u003e Second Edition\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"Jim's breadth of knowledge spans futures, Forex, stocks, Gann, charting, price patterns, and the list goes on and on. He is a valued contributor to the TraderPlanet.com community and this book further demonstrates his unwavering commitment to educating traders to help them become more successful.\"\u003cbr\u003e —\u003cb\u003eLane J. Mendelsohn\u003c\/b\u003e, Publisher, TraderPlanet.com\u003c\/p\u003e \u003cp\u003e\"James Hyerczyk provides an illuminating guide to the fascinating world of Gann Theory and the combined analysis of price, pattern, and time. This book is very interesting from both a historical and practical technical perspective.\"\u003cbr\u003e —\u003cb\u003eDan Blystone\u003c\/b\u003e, Editor, TradersLog.com\u003c\/p\u003e \u003cp\u003e\"I have known James Hyerczyk since 1991. I have always valued W. D. Gann's methods. Reading Jim's book, Pattern, Price \u0026amp; Time, Second Edition is a good way to get started in learning the concepts of Gann's methodology. I highly recommend this book.\"\u003cbr\u003e—\u003cb\u003eMichael Popilchak\u003c\/b\u003e, Director of Sales \u0026amp; Marketing, The Sweet Futures Division of Rosenthal Collins Group LLC\u003c\/p\u003e \u003cp\u003e\"Hunting out good opportunities involves good tracking. Jim has taken his vast experience with Gann's proven technical analysis, to show the savvy investor the foot prints in the snow to find those successful trades. As the Chief Investment Officer of LaSalle St. Securities, I have found over the last thirty-five years that good technical analysis is invaluable.\"\u003cbr\u003e —\u003cb\u003eJay C. Carstensen\u003c\/b\u003e, Chief Investment Officer, LaSalle St. Securities, LLC\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989755445477,"sku":"NP9780470432020","price":84.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470432020.jpg?v=1761785366","url":"https:\/\/k12savings.com\/products\/pattern-price-and-time-isbn-9780470432020","provider":"K12savings","version":"1.0","type":"link"}