GANNacci Code (GannacciCode.com) review - Trading Reviews and Vendors | futures io social day trading
futures io futures trading


GANNacci Code (GannacciCode.com) review
Updated: Views / Replies:9,659 / 18
Created: by booker777 Attachments:5

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 5  
 
Thread Tools Search this Thread
 

GANNacci Code (GannacciCode.com) review

  #1 (permalink)
Elite Member
Augusta, GA
 
Futures Experience: Advanced
Platform: NT
Favorite Futures: ES, TF
 
Posts: 91 since Feb 2011
Thanks: 33 given, 20 received

GANNacci Code (GannacciCode.com) review

Is anyone familiar with the GannacciCode.com service. He uses GANN analysis with Fibonacci and claims a high win% and great risk/reward of course. He used terms such as squaring price and time which I am not familiar with but is anyone familiar with this approach or with the service. Tks.

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary



booker777 View Post
Is anyone familiar with the GannacciCode.com service. He uses GANN analysis with Fibonacci and claims a high win% and great risk/reward of course. He used terms such as squaring price and time which I am not familiar with but is anyone familiar with this approach or with the service. Tks.


If you go to the website you find out that it is run by a guy called Nick Guerriere, who wants to sell you

- a software package for $ 1,800
- a one year training course for $ 2,600


Google for Nick Guerriere:


(1) Youtube videos:






(2) Other websites run by him:

Welcome To Trader's Island - NinjaTrader

The methodology is based on Gann's squaring of price and time, which in my personal opinion is just mumbo-jumbo. I have never understood why there are still traders around using those concepts.

The videos are not convincing. There is no user manual available for the expensive software package. There is a trial period of 5 days for the trading room.

I personally would not consider spending any money on the course or the software.

But maybe there are some guys who have tried out his trading room and can report their experiences here.


Last edited by Fat Tails; August 10th, 2012 at 09:01 AM.
Reply With Quote
The following 4 users say Thank You to Fat Tails for this post:
 
  #4 (permalink)
Elite Member
Augusta, GA
 
Futures Experience: Advanced
Platform: NT
Favorite Futures: ES, TF
 
Posts: 91 since Feb 2011
Thanks: 33 given, 20 received

Gann

Tks Fat but what does squaring price and time actually mean?

Reply With Quote
 
  #5 (permalink)
Elite Member
usa
 
Futures Experience: None
Platform: Ninja Trader
Favorite Futures: TF
 
Posts: 4 since Jun 2011
Thanks: 5 given, 8 received

I recently took the trial for 4 days and skip out the last day because he was kind of putting some sell pressure on me on day 4. He uses a daily chart for time and price squaring and go to a 8 mins to look for entry. He looks for an entry when the price retrace to 50 or 61.8%. Nick is a big fan of triangles. He said he had run charts with his method by hand for the past 80 years and it works. I still donít know why he would spend almost the whole trading day in the Locker Room when he uses daily chart for price and time squaring when you simply can do that at the end of each trading day. He does not use tick charts even though the website says you can apply the method to any timeframe. Go ahead and do the 5 days trial if you want since you have nothing to lose. He does want to do a one-on-one with you before you start your 5 days free trial though. Another thing is he does not call out trades in the room so at times I did not even know he was in a trade.

Reply With Quote
The following user says Thank You to mervyn for this post:
 
  #6 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


booker777 View Post
Tks Fat but what does squaring price and time actually mean?

Gann was a numerologist. In my opioin, squaring price and time is mumbo jumbo. I do not mind, if somebody else does not share my opinion. The world is multicolored.

Reply With Quote
 
  #7 (permalink)
Elite Member
desert CA
 
Futures Experience: Intermediate
Platform: NT7, TOS
Broker/Data: AMP/wCQG, TDA
Favorite Futures: CL,YM
 
Posts: 2,027 since Jul 2011
Thanks: 2,211 given, 1,551 received


mervyn View Post
I recently took the trial for 4 days and skip out the last day because he was kind of putting some sell pressure on me on day 4.

Reminds me of another trading room I trialed, then tried for a month. At least it had live calls, but the room was only two hours and most of their "profitable" trades were posted in the "daily wrapup" outside the trade room => red flags. At times I felt I was the only one in the room and I felt the pitches day after day for the "full package" which was over $7k. The other "members" in the room , I felt the host already knew well probably because they were really part of the organization(friends or family) pretending to be members. And yes, pushing for a 1on1 too. I'd quit then they tried to make me feel guilty for leaving. Like aggressive car salesmanship. And also with a "big voice" sounding guy. I guess ex-car salesman are trying to make a go at this tradeucation too. Annoying.


Last edited by Cloudy; August 12th, 2012 at 06:26 AM.
Reply With Quote
 
  #8 (permalink)
Elite Member
Varna+BULGARIA
 
Futures Experience: Intermediate
Platform: ts, nt
Favorite Futures: soybean futures, Viol„o
 
lameo's Avatar
 
Posts: 7 since Aug 2012
Thanks: 69 given, 20 received

Gann hexagon chart formula

For those interested in Gann master charts, sometime ago I discovered purely by chance the hex formula. While the Sq9 formula is well known, this one isn't.

(SqRoot the number on the chart +/- sq root 3)squared gives you 360 deg up or down. You can easily find all the rest angles/aspects having in mind root3 stands for 360 deg when speaking about the hex. While in SQ9 360 deg is 2.

Example:
Root 363=19,05255888
Root 3= 1,732050807
(19,05255888-1,732050807)squared=300

and so on ...

PS All that gives me a hint that if we look for moments when P&T are squared, meaning BALANCED, the balanced Price,Time&Volume represent a CUBE.
Root3 is the length of the 3D diagonal in a cube with a side of 1.

Attached Thumbnails
GANNacci Code (GannacciCode.com) review-sq9sq4hexastrofeaturesimage1.jpg  

Last edited by lameo; September 2nd, 2012 at 05:58 AM.
Reply With Quote
The following 5 users say Thank You to lameo for this post:
 
  #9 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,653 since Mar 2010
Thanks: 4,226 given, 25,602 received
Forum Reputation: Legendary


lameo View Post
For those interested in Gann master charts, sometime ago I discovered purely by chance the hex formula. While the Sq9 formula is well known, this one isn't.

(SqRoot the number on the chart +/- sq root 3)squared gives you 360 deg up or down. You can easily find all the rest angles/aspects having in mind root3 stands for 360 deg when speaking about the hex. While in SQ9 360 deg is 2.

Example:
Root 363=19,05255888
Root 3= 1,732050807
(19,05255888-1,732050807)squared=300

and so on ...

PS All that gives me a hint that if we look for moments when P&T are squared, meaning BALANCED, the balanced Price,Time&Volume represent a CUBE.
Root3 is the length of the 3D diagonal in a cube with a side of 1.


Nice, but how is this related to trading, if at all?

Reply With Quote
The following user says Thank You to Fat Tails for this post:
 
  #10 (permalink)
Elite Member
Varna+BULGARIA
 
Futures Experience: Intermediate
Platform: ts, nt
Favorite Futures: soybean futures, Viol„o
 
lameo's Avatar
 
Posts: 7 since Aug 2012
Thanks: 69 given, 20 received


Hi Fat Tails,

It is really a challenging question and I really doubt my answer will be full and satisfactory for you. I have a relatively deep knowledge of Gann's teaching (mainly from his original courses, not from other people - and for sure, I;m far far away from knowing and understanding everything from him) and I know they are not accepted by many individuals because of his mystical and esoteric valencies. I mean it will be almost impossible for me to give you a satisfactory answer, provided you are not familiar with the above mentioned basis which is complex and often confusing. I mention this because many people ignore the original writing for that reason.

The key to balancing P&T is the use of scale. One time unit for every one price unit - the use is relative and not clearly explained by Gann. Let's say if S&P500 is trading - at a given moment - at 1408.75 that means that if this price is 1409 TIME UNITS (hours, days, weeks, months) away from a previous MAJOR Hi or Lo, then a change in trend is due. Gann would say the price 1409 is touching a ZERO ANGLE from top or bottom X, Y, Z ...whatever. The larger the time unit, the larger the change. I've tried this with very little understanding in soybeans swing trade - indeed, the important change happened, but I expected a reversal while it spiked, wildly confirming the trend. It was disastrous for me ... I've seen this kind of set ups (balanced price space with time units) many times in beans.. But I think this should be used with other confirming tools and with very deep understanding of chart and volume patterns - upon individual discretion - and tested many times before entering a real trade. I wrote my previous post because I find the idea of balancing the major mkt parameters - P,T and V - very interesting since most of the time mkts are not balanced. Most indicators explore price alone, but when we try to understand the interrelation between the price action, the time elapsed from an important tops or bottoms + the volume action at this moment then it is natural to have a better understanding of market coordinates and the trend structure.

Yet, if this kind of set up signals a change in trend on a daily/weekly basis, and we see this confirmed by market, then the perspective for the intra-day trader in the direction of the trend would give him much more confidence.


Last edited by lameo; September 2nd, 2012 at 09:36 AM.
Reply With Quote
The following 8 users say Thank You to lameo for this post:

Reply



futures io > > > GANNacci Code (GannacciCode.com) review

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
speedytradingservers.com review Happyface Trading Reviews and Vendors 138 April 17th, 2017 04:58 PM
EZColortrading.com review HyperionFX Trading Reviews and Vendors 73 March 14th, 2016 06:03 AM
Better Momentum's "code #" I Lost...r all code #'s same ? xm4730 ?? Billbb Platforms and Indicators 2 January 26th, 2012 07:15 PM
MPTrader.com review bakeyser Trading Reviews and Vendors 3 November 3rd, 2011 11:00 PM
targettrader.com review hiwaymn1 Trading Reviews and Vendors 4 September 16th, 2011 07:00 PM


All times are GMT -4. The time now is 10:13 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-17 in 0.18 seconds with 20 queries on phoenix via your IP 107.20.115.174