Michael S Jenkins Explains Gann's Time and Price Squared
Understanding Gann's Time and Price Squared Theory
In this video, the speaker explains Gann's theory of time and price squared. The concept of time and price being equal is fundamental to Gann's theory of market reversals. The speaker also discusses the importance of understanding the relationship between time and price in trend lines.
Time and Price Squared
- Gann popularized the phrase "time and price squared" or "time and price are equal," which refers to a 45-degree angle on a chart.
- This diagonal line represents one unit of time for one unit of price, with every point along the diagonal being one unit over in time and one unit up in price.
- Markets only reverse when time and price are at equality, making it a fundamental principle of Gann's theory.
Trend Lines
- Trend lines work because they represent an equality of time and price.
- When a trend line is hit, there is some kind of proportion that has an equality of time and price; otherwise, it wouldn't work.
- The speaker emphasizes that most charts drawn with precise 45-degree angles are incorrect representations.
Time Calculation
- Man has associated time with planetary movement for millions of years, usually using cycles of the Sun or Moon to track it.
- There are two distinct energies that can be tracked: pure numbers (like trading bars) or geometric calculations based on planetary movements.
- Trend lines created from geometric calculations are more like Gann's average momentum line but use planets as precise timekeepers.
Planetary Movements
- Planetary movements vary day-to-day due to elliptical orbits and varying speeds within their location in orbit.
- If a top price is $73, moving any planet 73 degrees longitude will create an equality between time and price, resulting in a change in trend.
- Perfect geometry lies at the basis of planetary movements and works well in conjunction with pure numerology.
Conclusion
- Understanding Gann's theory of time and price squared is fundamental to understanding market reversals.
- Trend lines work because they represent an equality of time and price, which is why it's important to understand the relationship between the two.
- Planetary movements can be used to create precise trend lines based on geometric calculations.
Intersection of Defensive Applies
The speaker discusses the intersection of defensive applies and how it relates to the market. They explain how the supporting arc down from below culminated in a high, and the resistance arc was coming down. They also discuss trend lines and projections for the market.
Key Points:
- The intersection of defensive applies occurred at 28 20, which is where the market plunged.
- The technical trend is still bullish as long as higher bottoms are being made.
- Geometry can be used to tie in with planetary aspects for a good forecast.
- A confluence of geometry and planetary energies can give a culmination date.
Planetary Combinations
The speaker discusses how planetary combinations can affect the market. They explain that Mars being 150 degrees to Neptune represents panic and fear, and cycles from that aspect can give a price equivalent. They also discuss using geometric approaches with planetary movements.
Key Points:
- Mars being 150 degrees to Neptune represents panic and fear.
- Cycles from this aspect can give a price equivalent.
- Geometric approaches with planetary movements can be used for forecasting.
Time and Price Interchangeable
The speaker explains how time and price are interchangeable in trading. They discuss an example using Saturn movement cycles from 2002 low up to the 2007 top.
Key Points:
- Time and price are interchangeable in trading.
- An example using Saturn movement cycles shows how this works.
- Trend lines on Saturn were used for analysis.
Bouncing off Trendlines
The speaker explains how bouncing off trendlines affects bull or bear markets. They use an example going up to the 2007 top to show how trendlines on Saturn were used for analysis.
Key Points:
- Bouncing off a trendline doesn't reverse the entire bull or bear market.
- Price and time equality is needed for a major reversal.
- Trendlines on Saturn were used for analysis going up to the 2007 top.
The Science of Numbers
In this section, the speaker discusses how major proportions in the stock market are related to square roots of numbers such as 2, 3, and 5. He explains how these proportions can be used to predict future market movements.
Using Square Roots to Predict Market Movements
- The square roots of 2, 3, and 5 are important proportions in the stock market.
- Multiplying the square root of 3 by the angle that Saturn moved from a low point to a specific date can help predict future prices.
- Proportions based on these square roots were strong indicators for predicting market highs and lows.
Federal Reserve's Impact on Market Trends
In this section, the speaker discusses how the Federal Reserve's actions impacted market trends during a specific period.
Impact of Federal Reserve Actions
- When the market broke, the Federal Reserve cut interest rates which caused an uptick in the market.
- However, when the trend line was hit again and squared out at a high point, it reversed into a bear market.
- The speaker's previous books explain how to predict final lows using tangents and cosine functions.
Time and Price Indicators for Bull and Bear Markets
In this section, the speaker discusses how time and price indicators can be used to predict bull and bear markets.
Incorporating Time and Price into Market Predictions
- Major highs and lows in bull or bear markets will incorporate time and price indicators.
- Planetary conjunctions such as Mars and Jupiter coming together can also indicate future price movements.
- A program included with one of his books shows how planetary angles translate into target prices.
Squaring Out Prices Using Trend Lines
In this section, the speaker discusses how trend lines can be used to square out prices and predict market movements.
Using Trend Lines to Predict Market Movements
- Trend lines are a useful tool for predicting market movements.
- When a trend line hits a previous high, there should be an equality of time and price along that line which can indicate a reversal in trend.
- Squaring out the range between a low and high is often used to predict future prices.
Trendlines and Astrological Trendlines
In this section, the speaker discusses trendlines and astrological trendlines. He explains how to use planets to determine trend lines and notes that astrological trend lines are easier to use.
Using Planets for Trend Lines
- The speaker explains how to use planets to determine trend lines.
- He demonstrates a program he uses to calculate the distance a planet has moved.
- The speaker notes that different planets will give various trend lines, some of which will be much bigger than others.
Squaring Out Time and Price
- The speaker explains that when time and price are equal, it is time to reverse direction.
- He notes that a double bottom occurs because of the next top that needs to be squared out.
- The speaker demonstrates how to convert prices into longitudes in order to find major highs and lows.
Complimentary Numbers
- The speaker notes that numbers converted also have a compliment of 360, which can help predict reversals in the market.
Price Translations into Longitudes
In this section, the speaker explains how to translate prices into longitudes and how to find equality of time and price.
Direct Planet Translation
- The longitude on a specific day can be translated directly into a planet.
- For instance, on Tesla's high day, Pluto was sitting at exactly -81 degrees.
- On the high day, Venus was sitting at 161 longitude.
Finding Equality of Time and Price
- Support and resistance in time will be support and resistance in price.
- From one point in time, it is naturally generating ahead of time where the resistance and support levels are going to be.
- This helps with long-term forecasting or long-term portfolio liquidation when we get to these various big support resistances.
Angle Separation between Two Planets
In this section, the speaker explains how angle separation between two planets works.
Mars and Jupiter Pair
- On the high day for Mars and Jupiter pair, they were 71.37 degrees apart from each other.
- If we take the high and move Mars and Jupiter until that angle increases by 71.37 degrees, we get another big blast off in the chart.
- It is very quick to scroll ahead or back and find out where these angles are.
Chicago Mercantile Exchange (CME)
- Here again, we see various angles and angle returns for CME.
English Planetary Angles and Market Movements
In this section, the speaker discusses how planetary angles can be used to predict market movements. He explains how certain angles correspond to specific prices and how these can be used as support and resistance levels in trading.
Planetary Angles as Support and Resistance Levels
- Certain planetary angles correspond to specific prices.
- The perfect equality of price equals two as being a major pivot in the chart pattern here to the angles can give support and resistance again at the bottom down here.
- We can add the price to the longitude to get support and resistance targets.
- Time and price are equal, so they can be swapped.
Square of Nine
- The square of nine is a tool that uses a law as if it was a price low, where we do the square root in the next rung where do we get we get the next price high right here.
- Longitude becomes a future price also note that time and price are indeed equal and can be swapped.
Converting Longitudes
- Human beings translate movement of planets into numbers which turn out to be prices that are trading every day.
- $100 or par is equivalent to 360 degrees.
The speaker discusses how planetary angles correspond with specific prices, which traders use as support and resistance levels. He also explains how longitudes become future prices using tools like Square of Nine. Finally, he talks about converting longitudes and how human beings translate the movement of planets into numbers that turn out to be prices.
Understanding the Relationship Between Planetary Movement and Stock Prices
In this section, the speaker discusses how planetary movements can be used to predict stock prices.
Planetary Movements and Stock Prices
- The speaker explains that when a stock is selling at 50, it equals 180 in time and price r-squared.
- He mentions that on February 1st, 1915, US Steel made a low at 38 which is the closest to a price of 37.50.
- The speaker talks about an angle of 135 degrees and how it relates to Saturn's position.
- He explains that whenever he talks about months, he's talking about the planet Saturn.
- The speaker uses aspects between various rulers as numbers to buy or sell stocks.
Using Numbers to Predict Stock Prices
- The speaker provides calculations for late January 2015 using Saturn and Uranus as a pair.
- He translates an angle of 135 into $37.50 as if it's a trend line of the longitude of planets.
- As long as the stock price is above this trend line, it would be in a bullish position.
Using Different Units to Predict Stock Prices
- The speaker shows how different units can be used to predict stock prices by using coffee prices as an example.
- He explains how he moves decimal points when calculating degrees in relation to prices.
- The speaker uses dollars instead of degrees for his dollar example.
Planetary Trading Techniques
In this section, the speaker discusses how to use planetary positions to predict future prices of commodities and stocks.
Using Planetary Positions for Trading Coffee
- The speaker explains how he uses planetary positions to determine the key to trading coffee.
- He explains that time and price are connected and equal, and that by moving planets forward or backward based on their degrees, one can predict future prices of coffee.
- The speaker demonstrates his technique by showing a chart of the euro dollar and how he used planetary positions to predict its movement.
Trading Currencies
- The speaker warns against trading currencies due to the difficulty in predicting their movements caused by news items and other factors.
- He cautions against brokers who offer high leverage for currency trading as it is often a "license to steal."
- However, he does provide some tips for those interested in trading currencies, such as experimenting with different conversions for different currencies.
Long-Term Chart Analysis
- The speaker emphasizes the importance of analyzing long-term charts when trying to find major reversals during a big liquidating trend.
- He shows an example of a weekly chart analysis for coffee prices over several years using planetary positions.
- The speaker suggests experimenting with different pairs of planets (such as Mars and Uranus or Mars and Saturn), going back over 10 or 20 years, and finding common denominator numbers that will hit almost all the targets.
Jay TTL Trendline
- The speaker introduces his Jay TTL trendline, which is based on the square of nine.
- He demonstrates how to use this trendline to predict future prices of Tesla stock by squaring out different distances along the line from the origin point.
Planetary Trendlines
In this section, the speaker discusses how planetary trendlines can be used to predict market reversals.
Perfect Example of Planetary Trendline
- The speaker provides an example of a perfect planetary trendline using Uranus and Pluto.
- The angle between Uranus and Pluto is equivalent to the top price on the low priced day.
- Saturn had moved 16 46 which is the exact same as the price drop from 88 90.
Importance of Longitudes
- Longitude numbers are converted into prices, which people subconsciously feel and convert back into distances.
- Longitudes also create natural barriers of support and resistance.
- Longitudes will equal price, and when they do, this is where reversals occur.
Conclusion
- The use of planetary trendlines can help predict market reversals by identifying key angles between planets that correspond with significant highs or lows in market prices.
- Longitudes play a crucial role in converting distance into prices and creating natural barriers of support and resistance.
Conclusion
In this section, the speaker concludes their talk and thanks the audience for listening.
- The speaker expresses gratitude to the audience for listening.
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