There are two quite different sides to Gann analysis, the deeply theoretical, seeking to understand the essence of the science behind Gann’s market theory, the Law of Vibration, and the outright practical, looking for working tools and techniques that will help with applied trading. Though our greatest interest is in the cosmological theory behind Gann’s work, and the universe in general, we also specialize on the practical tools that traders need to specifically analyze and trade the markets. Some Gann experts excel at theory, while others are simply practical traders who are less focused on ideas in deference to trading techniques. This category will specifically focus upon the books and courses that provide very specific and applied tools from Gann’s toolbox used for real time trading. Some may explore deeper theoretical principles and some may just focus on pure trading tools, but this category will give working techniques to better fill the arsenal of any trader. We often recommend that new Gann students focus first on developing a practical trading ability, so that they can fund their future research with profits from their trades, and then also apply new insights from their theoretical study to their practical trading as they advance. This section will help to identify those most practical tools.
Dan Ferrera is one of the most respected market analysts and educators in the Gann field. For 20 years his works have been some of the most popular in our catalog. Aside from being one of the clearest interpreters of Gann, he also has produced his own advanced work, The Spirals of Growth & Decay, developed prior to his analysis and presentation of Gann’s theories. For those seeking a solid, Master’s Degree level education in technical Gann analysis, we cannot recommend anything more highly than Ferrera’s works.
Ferrera has written detailed course on every angle of Gann’s work and provides a fast track into a deep understanding of each field of Gann’s work as well as advanced topics in technical analysis. He has works on cycles analysis, Gann’s Square of 9, Gann’s Mass Pressure Charts, one on risk management and Gann’s swing trading system, another on the details of Gann’s complex geometrical and mathematical tools, one on astrological Bible interpretation, on teaching how to create yearly forecasts like his own yearly Outlooks, which give a prediction for each year, and more. If you are wanting to get a first taste of Gann and to save yourself years of hard work putting together his ideas, Ferrera is a perfect place to start, and walking through his series of fantastic is like getting a Master’s degree in Gann and technical analysis.
W.D. Gann Works
W. D. Gann’s private courses represent the most important of all of Gann’s writings, and go into much greater detail than his public book series, with which most people are only acquainted. They should be carefully studied in their full detail, as they contain the deepest insights into Gann’s theories ever presented. Stock traders must be sure to study all the commodity courses and vice versa, since Gann often put techniques that applied to all markets in only one or another course.
We stock the complete collection of the works of W.D. Gann, both his courses and books. Our set of Gann’s courses were initially collected and compiled by Dr. Baumring and Donald Mack in the 1980’s from dozens of original rare private course that were distributed by Gann throughout his career. Many people mistakenly think that Gann just wrote two courses called the Master Stock Course and Master Commodity Course. This couldn’t be further from the truth! Each of Gann’s “courses” were actually small, “sections” of a few pages to a few dozen pages, individually bound in paper folders. These various pieces were then compiled into different sets which he sold as various collections at different prices to different students over the decades. Some were more commonly sold to all students, while other were more secretive and sold only to close private students who often signed non-disclosure agreements, and paid exorbitantly high prices. It is these rarest pieces that make the difference between one collection and another.
The later courses Gann sold in the 1940’s and that he “called” the Master Courses were nothing but various compiled collections of these smaller pieces, and would vary according to who purchased them and what price they paid, and were never set until after Gann’s death when purchased by Ed Lambert. For instance, there are pieces that Gann advertised in the 1950’s as “new” like his Master Mathematical Formula for Market Predictions, or his rare #3 Master Time Factor Course which were never included in his “Master Courses”, and similarly were never included with any of the Lambert Gann courses sold by Lambert or the Jones’ from the 60’s until now. So these “master” courses are and have always been incomplete collections. Further, the Lambert Gann courses sold by Billy Jones through the turn of the century, were retyped and re-edited by Billy so that they did not provide the original unadulterated content that Gann produced, making them unreliable, edited versions. Our editions are exact facsimiles of the original copies sold by Gann, with no editing or adulteration of any kind.
Our 6 Volume set of Gann’s Collected Writings was further supplemented by new finds of rare pieces, like those mentioned above, rediscovered by the Institute over the past 30 years since Baumring’s death, and comprises the most complete and the only properly organized set of courses that are available. Gann has very particular sets that he sold only to his higher end clientele, placed in specific order to provide a particular logic to his work. Our collection maintains this order and includes a further collection of rare and historical courses, letters and private materials which make our collection the most complete and important collection available. Serious students of Gann should beware most “supposed” collections of Gann’s writings as most are unauthorized, incomplete, and distorted representations of his work, and cannot be trusted. Our set it the most reliable set of Gann’s unadulterated and most important work available…
While W.D. Gann’s own original work is a critical element for any Gann researcher’s collection, most people will find Gann’s work to be extremely vague, complicated and difficult to penetrate on their own. In our experience, it can take many years, if not decades for the ordinary analyst to, by themselves, digest and apply the deeper techniques of Gann’s, without significant help by well-seasoned analysts and traders who have dedicated years to decoding and creating practical tools from Gann’s techniques. This is why there is a fundamental and valuable secondary market of works presenting and developing Gann’s ideas, and making them accessible to any trader. We believe that the best teachers in this field are not competitors, but are fellow contributors to an ongoing field of research, and that their work is mutually supportive and will provide expanded insights when more material is understood.
We maintain the largest collection of secondary works on Gann Theory of anyone in the field. Many of these books we publish ourselves, and are written by top Gann experts and experienced Gann traders from across the world. However, we also review works written by other Gann experts across the field, and add to our catalog any material we consider to be of high quality and importance from the global community of Gann analysts. With our experience in the field, we are well qualified and to provide a peer review of these materials, so as to filter out the best quality work from that of a lower caliber, and then present these to our clientele who demand the highest standards. So any book or course that you find in this catalog can generally be considered to be of the upper echelon of works on Gann analysis. We have new authors submit their research to us ongoingly, so that we are always adding new items to our catalog with fresh insights, alternative techniques or new ideas. In this way we are able to save our clients significant wasted funds in exploring the territory at their own cost.
The Art of the Trade W. D. Gann's System of Chart Reading & Pattern Trading
by Daniel T. Ferrera
“Following the rules is what makes money. Buy or sell only on rules and on definite indications. Let the rules and the action of the market tell you when to trade and when not to trade. Always place stop-loss orders based upon the rules and you will make a success.”
The Art of the Trade by Daniel T. Ferrera ( $1,500.00 )
Intent Of This Course
Dan Ferrera’s new trading course, The Art of the Trade, provides thorough instruction in W.D. Gann’s key trading methodology: Pattern Trading. It teaches “Chart Reading” the way Gann himself did it, demonstrating how to trade the fundamental market patterns identified by Gann. This strategic approach to trading provides advantages that allow the trader to react to the markets in real-time, without indicator lag. Pattern Trading eliminates lagging mechanical indicators, which are always based on what the market did in the past and not the present. This style of “Form-Reading,” as Gann called it, allows one to make decisions in real time, as the opportunities develop on the chart.
Patterns let the market tell its own story. They inform the trader what it is most likely to do, providing an open invitation to come along for a potentially profitable ride. Becoming proficient at recognizing these simple patterns, which are conceptually based on pivotal swings, can dramatically improve a trader’s ability to read and interpret price action.
The course provides a clear set of rules for reading these market patterns to determine entry, exit, risk management, and trade management as determined by the recognition of a set of fundamental market patterns identified by Gann. This approach differs from Gann’s mechanical swing indicators and from his long-pull position trading, providing a different perspective and alternative trading style, that most often used by Gann himself. The technique is equally effective on any time frame, so is as valuable for day-traders as it is for daily traders. It also generates a larger number of trades than his other trading methods.
In the 2nd half of the course, Ferrera provides a set of powerful technical indicators and projection tools that represent the best of the tools he has discovered or his many years of experience. Those presented here have not been elaborated in his prior courses, and include some secret techniques that he hinted at in his last work but never explained, as well as a few recently discovered advanced techniques.
The power of a narrow focus is amazing. The key is to be a real pro at something. Know all you can about a style or tactic. Then you can build on that foundation. Traders give up too easily and jump around too much when things get difficult. How good do you think Kobe Bryant would be if while he was developing his skills growing up, every time he had a really tough game he changed to a different sport or played a different position?
- Mark Minervini
Over the course of any professional career, there comes a time when a return to fundamentals is necessary. This applies equally to athletic performance as well as trading. Without a strong foundation, any structure will eventually fail. Many traders either lose touch with or simply never reach the point of developing the most intuitive and immediate approach to trading, real-time, naked chart reading, wherein a trader, much like a Tape Reader of older times, masters the skill of reading and trading the basic language of the chart.
Ferrera’s Keys to Successful Speculation, published more than 12-years ago, served as an initial guide regarding many trading fundamentals, presenting an expanded version of Gann’s introductory trading methodology, Swing Trading. He accompanied this with what we consider to be the best presentation of the principles of risk management, together building the most solid and easily applicable base possible for the new or intermediate trader looking for an automated trading approach.
However, over the years, requests for additional techniques leading to a trading style that does not depend upon an automated mechanical system have been received. That request was first answered in Ferrera’s last course The Path of Least Resistance, where the principles of long-pull position trading, or of “trading with the trend” were elaborated, accompanied by numerous advanced geometrical and mathematical techniques to analyze the underlying structure of the market. However, this approach tended towards a longer-term trading perspective, awaiting trade setups that indicate large moves with the trend.
This led to requests for an approach someplace in the middle, providing a robust trading methodology that generated a larger number of trades on any time frame, including intraday. This material is intended to provide an entirely new and different approach to the decision making and trading process than has been taught in any of Ferrera’s prior courses.
In this aim, this course lays out over a full year of developing trades with detailed interpretation, illustrating the decision-making process to hone the reader’s recognition skills, somewhat akin to the old art of tape reading. The content can be considered as beginner, intermediate and advanced, because the real essence of chart reading and pattern trading applies to all levels. Just as W.D. Gann taught more sophisticated concepts, theories and techniques, he always emphasized the fundamentals of pattern trading whenever an actual trading procedure was discussed.
It is often only experienced traders that, over time, develop this skill after years of active trading practice, where it becomes almost an intuitive type process. However, with a clear introduction to the elements behind this technique, even the beginner or intermediate trader can, with study and practice, learn to cultivate and master this skill nearer the beginning of their career.
W.D. Gann taught advanced courses of instruction entitled the Master Forecasting Method, at a cost of $2,500, and the New Mechanical Method and Trend Indicator, at a cost of $5,000, only to those who wanted it for their own use and would not publish, sell, or teach it to others. He claimed that: “It is too valuable to be spread broadcasted.”
The cost of these courses and personal instruction in today's economics would be $25,000 to $50,000, or more. Note that Gann's $5,000 Mechanical Method and Trend Indicator course is entirely based on trading simple chart patterns with strict money management. It was not his complex and secretive techniques that he charged the most for, but his most practical trading principles. This course teaches those core principles with more clarity and applicability than Gann himself ever provided.
In all W.D. Gann’s published works where he taught a trading process, that process was remarkably consistent. It always came down to two primary elements: pattern recognition and his money management rules. Whenever Gann taught a student “How to Trade,” he always taught the formations discussed in this material. In other words, Gann wanted his students to be pattern traders! Trading these simple easy to recognize patterns along with proper risk management was the fundamental foundation that Gann emphasized.
Pattern trading provides advantages that allow the trader to react to the markets in real time, eliminating the need for lagging mechanical indicators, which are always based on what the market did in the past and not the present. Alternatively, “Form-Reading” as Gann described allows one to make decisions in real time, as the opportunities develop on the chart. Patterns let the market tell its own story. They inform the trader what it is most likely to do, providing an open invitation to come along for a potentially profitable ride.
Pure pattern trading doesn’t require any secondary indicators, mathematical formulas, or complications of any kind. Patterns occur in price charts because they exist. Different people can look at the same technical indicator and come up with opposing answers. There is not as much confusion involved with price patterns. They are either there or not.
Some of the best traders of past and present were chart readers. Becoming proficient at recognizing these simple patterns, which are conceptually based on pivotal swings, can dramatically improve a trader’s ability to read and interpret price action. The edge produced by simple patterns is robust enough, if properly managed, that there is virtually no way to lose provided sufficient numbers of trading opportunities to prove the advantages of this type of approach.
In the markets, termination points are where a significant number of buy or sell decisions have been made and represent areas of some future importance. When formations are understood correctly, they also provide profit targets and clear locations for stop loss placement. This material covers the essential patterns that repeat with great frequency in all markets, providing a the most essential foundation for trading.
The course builds a strong foundation first, using the K.I.S.S. (keep it simple stupid) concept and then progressively adds layers assuring the proper evolution of the reader. From long experience observing successful and unsuccessful speculators, it can be said that simplicity and discipline are essential elements to any trader’s success. As stated in Keys to Successful Speculation, “following the rules is what makes money.” It is essential that traders master these fundamental techniques in terms of trade recognition and risk management prior to adding anything more sophisticated to the trading arsenal or analysis methods.
Once this mastery is completed, further analytical tools can be added. The latter half of the course introduces the ideal additional indicators and analytical tools. After two and a half decades of active involvement in the financial industry, there have been more tools and techniques that Ferrera has disposed of than those he retained. These tools included in this course are the survivors!
They include a specific price-target options strategy, and other concepts that can be added to the foundation to improve interpretive and predictive skills, but without complicating the decision process. One simple mechanical tool discussed does a remarkable job as a trend follower, pattern isolator and early warning indicator.
There are several powerful new techniques that have not been presented before in any Ferrera course, like a price projection tool that was subtly veiled in Gann’s work but was mentioned by Dr. Baumring back in the 1980’s. There are several further elaborations of Gann’s principles of squaring of time and price and ranges, including an amazing hidden technique that has never been explained before for geometrically projecting key turning points.
For those who have Ferrera’s last book, Path of Least Resistance, there is a deep technique revealed that was hinted at in the prior book, but not explained. There are also some new insights into the Odd and Even Squares principle of Gann and the Master Charts, exploring new ideas with prime numbers. So, Path owners will find a number of extended techniques which will expand the insights introduced in Path.
The main question that most people as when considering this course is what kind of frequency do trades occur and what are the patterns like? There are 6 primary patterns that Ferrera presents, partially as taught by Gann and partially as refined by Ferrera. The following selection from the text begins the section which demonstrates 56 weeks of real trades with thorough analysis and details, and will help to well illustrate the frequency and type of trades that are taught in this course:
Look at any price chart and try to notice the obvious swings that visually stand out. Then either manually plot the swings with a drawing tool or use a swing indicator.
Recognize any of the simple patterns discussed previously? Notice the series of lower tops and lower bottoms going into the first and second bottom of the large “Double Bottom” formation. Also, note the series of higher highs and lows going into the peak between this formation. Before advancing the chart, how many trading opportunities can be spotted on the chart above?
Just working from the first bottom to the second, there are 6 simple patterns, excluding the large double bottom. Before revealing them on the following pages, they will be named in order starting from the first low of the red double bottom formation.
So, these 2 intermediate term swings have 5 of Ferrera’s 6 different tradable patterns which occur in around 30 bars, or in one month on the daily scale. That’s generating a trade every 5 or so days. Now, this is a daily chart, but it could just as well be any intraday chart, and would still be generating a similar number of trades per bars. So, you can see, it can be a rather aggressive method geared to finding many more trades than most techniques provide.
Table Of Contents
Part 1 - The Foundations of Pattern Trading - (Pages 1 - 60)
This course provides thorough instruction in W.D. Gann’s key trading methodology: Pattern Trading. It teaches “Chart Reading” the way Gann himself did it, demonstrating how to trade the fundamental market patterns identified by Gann.
This strategic approach to trading provides advantages that allow the trader to react to the markets in real-time, without indicator lag. Pattern Trading eliminates lagging mechanical indicators, which are always based on what the market did in the past and not the present. This style of “Form-Reading,” as Gann called it, allows one to make decisions in real time, as the opportunities develop on the chart.
Dr. Goulden takes a different approach to market analysis than most normal traders and educators. As a Cambridge educated scholar, Goulden is interested in deep principles and in exploring the foundations and implications of both trading techniques and the systems behind them. Before he was ever interested in the markets, he was asked by a friend why Gann’s tools and system are considered to be based upon metaphysical principles. He found this question intriguing and engaged in deep research in the field to answer this question. In this process he recreated a new set of tools based upon principles of Ancient Geometry and Celestial Mechanics. His tools are taken from the same sources as Gann’s and are quite powerful, but are slightly different from Gann’s, so that traders often use them as non-correlated cross-confirmation tools giving similar technical indications but from different perspectives.
His work is deep and has many layers of application and exploration that can be derived from it. His latest work on financial astrology, The Secrets of the Chronocrators, looks back to the astrological and astronomical systems of the ancients, reviving the more mathematical and technical astrology of the Great Masters of the medieval and prior times. Exploring principles like Spherical Astronomy and subtle movements of the Solar System, it seeks to develop a more advanced and scientific system of astrology determination as distinguished from the simpler forms that are generally known. It represents a new movement to re-explore the deeper scientific systems of the ancients that were lost in the press towards the development of a purely mechanical science.
Goulden is a superb educator and the most active Forum moderator that we have seen, with each of his Forums for his courses having 1000’s of posts with detailed questions and answers, deviling deeply into further and new fields of research beyond what is presented in his courses. His Online Forums serve as an advanced classroom where the details of his theories are discussed and elaborated and where students share their research and work with each other while overseen by Goulden, who continually presents new ideas and suggestions.
Hasbrouck Space and Time
One of our great historical discoveries is the Hasbrouck Space-Time Archives, a collection of rare research materials and forecast letters lost for over 30 years. This research develops a new theory of market influence based upon Solar Field Force Theory that was developed during the birth of the space age. The Hasbroucks were deeply connected to the esoteric and financial market communities from the 1920’s through the 1970’s, and contributed a new and recontextualized presentation of information taken from older original esoteric sources. They present a new field of study of solar phenomena, space weather prediction, earthquake prediction and market forecasting.
Muriel Hasbrouck was the inspiring force behind the research, which a foundation in Theosophy and trained as a classical pianist, she pursued an interest in original source works in astrology, through the turn of the 19th century into the early 20’s. She studies with greats like Walter Russell, Paul Foster Case, Aleister Crowley, and Israel Regardie within the esoteric fields. In the market realms she was close with many of the great analysts of her day like Edson Gould, Edward Dewey, Hamilton Bolton, SA Nelson, and more. She and her husband Louis produced a well-received forecasting letter for 30 years called Space Time Forecasting of Economic Trends, and are now quite famous for forecasting the exponential bull market of the 90’s and subsequent crash 50 years in advance! Their theories of Solar influence upon human and earthly experience through geomagnetic influences still lie at the cutting edge of scientific speculation.
Dr. Jerome Baumring
The work of Dr. Baumring is the core inspiration upon which this entire website is based. Baumring is the only known modern person to have cracked the code behind WD Gann’s system of trading and market order. However, even further, Baumring rediscovered and elaborated the system of scientific cosmology at the root of Gann’s Law of Vibration. There is absolutely no other Gann teaching that goes anywhere near as deep as Baumring’s work, or that even so much as attempts to approach the core ideas developed by Baumring. This study is for those who are interested in the mysteries behind the markets and the ordering system behind the universe itself. This is the study of cosmological theory on its deepest level, and of the interaction between man and the cosmos in which he lives, explored through an examination of causation and propagation of forces in the financial markets.
Dr. Baumring’s course program is not easy, and should not be approached without the willingness to commit at least a few years to the study. It is a long and detailed course, requiring the equivalent level of research and difficulty as most PhD programs, but in the field of Gann Analysis, which is not taught at any university. It requires many years of challenging work including the reading of many dozens (if not 100’s) of books required to develop the foundations needed to understand Gann’s approach to the markets. It is a very serious study that should only be approached by those willing to dedicate themselves to intense thinking and vast research across many fields of knowledge including: astronomy, biology, physics, finance, cycles, wave mechanics, geometry, mathematics, astrology, numerology, number theory, numerous esoteric and alternative scientific theories, and much, much more. Baumring summarized his system by the term “Numerical Astrophysics” in an attempt to give a modern name to an ancient theory that Gann himself had discovered.
Of all the analysts and traders we have known, the most advanced have all come to their understanding through following the lead of Dr. Baumring, or through having gone through a similar and parallel study and path of research to his. His teachings represent the “best of the best” of all material on Gann publicly available, but it will not give up its secrets to a mere superficial perusal. Baumring does not spell out simple explanations of how Gann’s techniques work, but rather leads his students into the depth of the science behind the system, while slowly elaborating how the techniques build upon this deeper science. For those seeking a fast path to the application of Gann exoteric trading principles, this is NOT it! Baumring’s work is not merely some market trading program, and indeed if approached this way may be found to be dissatisfactory.
Baumring himself often said to his students, “If you only are looking to make money, don’t bother studying Gann, it’s too difficult. Simply study swing trading systems, risk management and options strategies, and you can make all the money you want to make.” (Note: we have excellent books on these alternatives…) There are much easier and more direct methods to learn to effectively trade the markets than studying Gann. Those in more of a hurry to apply Gann’s work to trading may want to begin with the work of Ferrera or one of our most applied analysts, like Prandelli or Gordon Roberts, and save the Baumring work for a later time to explore at your leisure.