WD Gann and RN Elliott were pioneers in the ratio analysis as we attempt to apply it today.

The geometry we use is pure science in the respect that perfect geometric patterns can only form from one pattern evolving into another.

Whether this design is preordained or just a way of human nature attempting to follow a path for knowledge that was practiced by the ancients is not really for me to say.

All I know is that the markets seem to act and react on pure geometric levels due to the practices of people prepared to act on such signals.

If we are dealing with something that was preordained or just acting on traders habits they think will work is very difficult to say.

All I do know is that markets act and react with buying and selling fever when certain geometric levels are reached within the unfolding swing patterns for no apparent reason a lot of the time.

As a trader I am not prepared to say why it is so, but I am prepared to use this knowledge to act when I see the same things repeating that I know were repetitions I have seen in the past.

Who knows why traders buy in falling trends or sell on rising trends at levels we can calculate to the tick in advance? But they do and they do it day in and day out. Most of the time I witness them every day and sometimes 3 or 4 times a day.

My view is if you find something that works you should go with it until it works nomore.

In the past 25 years I have not found hardly any periods of any length where the principles of GANN & ELLIOTT geometry between waves of similar degree have proven not to exist.

I can also say from my experience in the trading industry that I cannot envisage any time soon or in the future where the geometric principles learnt out of GANN & ELLIOTT theory will ever change or fail to repeat. The reason is obvious to me that 1000’s of people have invested millions of hours and millions of dollars evolving systemmatic trading approaches around the practice. If you look at it logically the markets are basically irrational and no one knows what they will actually do so they use the GANN & ELLIOTT techniques to make decisions because they have nothing else that could ever be so precise a method to cause so many traders to do the same thing at the same time.

BBG