Australian Chart Watch: WD Gann’s Predictions For 2012, Time Cycles and Trend Following

This Market Watch Weekly is for educational purposes only and is not to be interpreted as trading or investment advice.В  See Terms Of Use here.

This week we look at one of WD Gann’s most famous rules, and that is the 50% rule.В  Using this it tells us where WD Gann might believe the All Ordinaries might go to in 2012.

Further to this, using Time Cycle analysis, it tells us WHEN it might make these moves and find market bottoms, and the answer to this may shock you.

Finally using Trend Following techniques we have determined a down trend and bear market, and we show you two trend following techniques on the All Ordinaries too.

Check out the video below!

http://youtu.be/PCQwQnS-oLg

Of course please do your own due diligence – a great place to start is the free trading and investment course on this site.  Check out the strongest sectors report to find out where the best places to be in the market right now, and our free S&P ASX 200 shares list with ASX 200 prices, charts and top movers.

Comment on the video in the comments section below!

Happy trending,

Dave McLachlan

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May 20, 2012  Tags: , , , , , ,   Posted in: Market Analysis, Market Watch Weekly

2 Responses

  1. Kikuta Shintaro - May 20, 2012

    Hi Dave,
    Great video as always.

    Just wondering, which broker allows short selling in Australia?
    I’m trading through Commsec btw.

  2. Dave McLachlan - May 20, 2012

    Hi Kikuta,

    Great question. Despite short selling being available for over a CENTURY in the US, it’s still hard to find it done well in Oz, amazingly. I used to use MF Global with CFDs before they went bust. Their system was really good too.. :(

    Now I use Macquarie Prime (their accounts are Government guaranteed in the case of a Bank failure, very handy in light of MF Global), and you can short a limited list of stocks directly, and a list of CFDs as well. Once you understand the little kinks in their system, it’s very do-able. While it’s not an endorsement, they are the folks I use.

    You could also use Options – buying Puts. Comsec should do this. I wouldn’t recommend selling Calls (or puts for that matter), as your Risk can get ugly very quickly. Buying a Put you know exactly what your total Risk is. And trading is all about Risk :)

    Any questions on any of this this, just shoot. If I get enough questions I may post on it to make it easier too.

    Happy trending, Dave

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