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 Application of Wave Mechanics to Financial Market Forecasting A Brief Description of the Analysis of Theoretical Wave Mechanic Charts and their Correlation of Financial Market Price Charts
The composite or summational wave is the summation of the four component sinusoidal waves. Anytime one of the underlying component waves turns there is change in velocity in the composite wave except when two component waves simultaneously turn in opposite directions. The pattern of the composite wave is the result of the summation and changes of the various underlying waves. If you change the relationships of the length of the waves, the summational pattern will likewise change. If you change the phasing of any of the component waves, you change the pattern of the composite wave.
Wavelength or lambda refers to the underlying component waves. In this model there are four component waves. These waves have been chosen to have specific musical relationships to each other. Wavelengths are usually referred to by their 1/4 cycle lengths, the amount of time/distance from the 0 line to the maximum or minimum energy extreme. If a sinusoidal wave is seen as a circle cut in half with the bottom half slid forward the length of the diameter, one can then see the relationship between the circle and the wavelength or cycle. A 1/4 cycle can be seen to be also a 1/4 circle, a 1/2 cycle 1/2 of a circle, 3/4 cycle 3/4 of a circle, and a full cycle a full circle. This explains why we use degrees when referring to cycles with a 1/4 cycle being equal to 90 degrees, a 1/2 to 180 degrees and a full cycle equal to 360 degrees. These lengths are related to each other through musical harmonics. Harmonics are expressed as ratios such as 3/4, 2/3, 1/2, which relate to divisions of a vibrating string, or bell, or something of the sort.
The phasing of the waves relates the beginning of the different component waves together. If all component waves began at 0 degrees, they would all begin by moving up, or phased up, according to our explanation above. If they all began moving downwards, they would all have begun at 180 degrees. At any point along the summational wave, you can look at the component waves and determine their phasing to each other which will be most easily expressed by whether the waves are moving up or down. If two or more waves are moving up or down simultaneously, they cause what is called either positive or negative constructive interference, respectively, meaning that the combined sum of the energies of these two or more waves creates a greater positive or negative amplitude summational wave. If one has two waves moving up and two waves moving down, you get destructive interference, meaning that there is an equilibration of energies causing a sideways movement on the chart.
It is the interaction of these component waves that forms the patterns of the summational wave on the charts. It will be noticed when you have a particular pattern of the summational wave on a chart, if you simply change one wave, whether large or small, it changes the whole summational pattern. For instance, compare charts 1 and 3. Notice that by changing the phasing of the smallest component wave it changes the pattern of the composite. The difference in the composite pattern depends upon which and how many of the component waves you change. Also notice that if you change all of the components the opposite direction, you get the same pattern but up-side-down. This is called an inverse pattern, and it should be easily noticed that there are only 8 patterns in this 4 wave theoretical with 8 inverses.
The wonderful thing about wave mechanics is that it serves as an excellent foundation for incorporating many concepts and ideas of the market. It acts as a sort of foundational schemata upon which one can build a good model of market behavior in simplified form.
One of the first things one learns to see in the markets after studying theoreticals is how to see energy vectors and from where to count them. We see that a bottoming or topping complex is always made from a number of energy vectors changing simultaneously (within the range of the top or bottom). Since we know that a directional movement is caused by combination of several component waves, we would not expect that the count from extreme top to extreme bottom to be the sole determinant of that move. Rather we would count from the few energy change points at the top to the few energy change points at the bottom, giving us a larger number of vector counts, some of which must be the lengths of some of the underlying components (or multiples thereof). If one were then to measure the different actions and reactions in this way, one would see the same numbers recurring and in that way determine some of the underlying intervals.
Reactions and Congestion
In the same way, a good place to discover smaller component lengths in is reactions against the major trend. The longer components will be determining the main trend, while the minor components either strengthen that trend or cause reactions against it. So measuring these reactions is a good way to uncover these smaller components. Also when you have a long congestion phase in which the longer components are equilibrating, you can often see the smaller cycles turning up and down in the range of the trend, so this is a good place to discover them.
One of the most useful aspects of the theoreticals is in the study of pattern recognition. Since in the theoreticals we learn to see the cause and process of permutation of form or pattern, we can learn to extrapolate this experience into real market patterns. Two patterns which before might not have seemed similar now can be seen to be almost the same with one or two or more components flipped. We have a sense of the underlying causal structure of formations. For instance a broadening top formation or bed of accumulation at a bottom can be seen to be cases where you have a number of waves spread out over a longer period with most of them equilibrating until the last one or two turn down or up respectively causing the beginning of the reversal in trend. Or with a spike top or bottom, you know that you have the underlying components changing almost simultaneously causing the fast reversal in trend. Likewise, every pattern, whether top, bottom, directional trend, or congestion has an underlying combination of component waves which will cause that particular formation. Also, the slight irregularities one always finds in these patterns can be explained by changes in the underlying component relationships. These slight changes can also give you an idea what to expect in terms of permutations. Say you have on occurrence of a bottom which makes a clean downward half-circle, then you see later a bottom of the same time length but with a sideways S pattern rather than the full arc. You would recognize that you have a wave out of phase and that you should not expect the same movement away from the bottom, but, rather that you may get a different angle of attack and different ending to the upward movement due to this changed cycle. The trick is to be able to quantify all of this so as to use it correctly.
Angle of Attack
The angle of attack is the slope at which the market moves at any time. Baumring has said that the slope of a vector is its vibratory rate. It can easily be seen that the slope of the market is caused by the relative constructive or destructive interference of the underlying waves. A steep slope or angle of attack has a number of underlying components moving together in the same direction. A flat slope or congestion area only exists when you have an equilibration of underlying waves.
There are many implications which come with the wave mechanics concept. One is the whole idea of cycles, harmonics, and the law of vibration. These underlying cycles must have some larger correlation to some cosmic or stellar phenomena. All of these waves have harmonic relationships between them showing the underlying order of the cosmos and its harmonic composition. This shows that the whole universe can be broken down in terms of the law of vibration, or the harmonic interrelation of time cycles as the causative foundation for mundane phenomena.
Cycles vs. Periodicity
The difference between cycles and periodicity is an important concept. Cycles are equivalent to what we look at as component waves on the theoreticals, energy vectors, or directional force fields, moving from a positive to a negative extreme at a regular time interval. Baumring said that there were 12 different stellar combinations of component waves. A periodicity is the recurrence of a pattern at some sort of time interval. This pattern is made of component cycle relationships which recur simultaneously in a period of time. This pattern is more like a sequence of events which occurs at the periodicity.
It is the harmonic relationships of these cycles which cause the geometric order underlying the structure of the market. These harmonic relationships build harmonic structures which grow like natural growth structures according to the geometry of nature.
In theory many of these ideas seem clear and logical but when it comes to applying them to the markets, the task is much more difficult. The theoreticals are a gross simplification of the real market, and the simple analyses which can be done on the theoreticals can become baffling when tried on a real market chart. Baumring would regularly repeat that the theoreticals are just theoreticals, and the market is different. If not, one could do Fourier analysis on the market and break out all of the components and know where it is going, but Baumring said that this would not work. Baumring also stated that the component waves were not sinusoidal, but were elliptical instead. This obviously changes the picture, but would seem to correlate more logically to planetary phenomena.
Page 1: Acceleration and Deceleration
Baumring used to talk about measuring acceleration and deceleration off of a median line. He would say to dray a vector or line from a high to a low and then the movements above and below that line should be symmetrical and be a measure of acceleration and deceleration which would identify some of the underlying waves.
Pages 2-3: Least Common Denominator
When you have two or more waves changing together or crossing a node and you multiply their 1/4 cycles together to find the LCD, then at that point of time in the future they will be changing direction again. So find where two cycles turn together and project the LCD both forward and backward and you will always see them turn together or cross a node together at their 1/4 cycles.
Page 5: Spatial Orientation
Baumring says that taking time counts allows us to measure the spatial orientation of the structure we are analyzing. So then we are able to see the structure and what precedes it and the next structure and what precedes that and then we measure the changes in torque between them.
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.