I can't say too much without giving away the proprietary nature of this secret but I can tell you this, it is a price pattern based on a discovery made by a stock trader in the early 1900's who published his secret in a book which he sold for over $1,500 – the equivalent of three Ford automobiles in his day.
He only sold 1,000 copies and then stopped printing the book. This may have been to keep his secret from becoming too widely publicized. Because so few copies were ever sold, his greatest trading secret is just as effective today as when it was first released.
No this pattern has nothing to do with traditional patterns like head and shoulders, triangles, or wedges – not even close. Although in his book he devotes hundreds of pages to explain these, and other trivial patterns.
In my opinion this was done as an elaborate smoke screen...a goose chase...designed to divert your attention away from his most prized trading secret. In fact, his book is over 440 pages long and he only dedicates 1 page to the disclosure of this incredible trading secret. If you aren't paying attention, you'll skip right over it. That is if you can locate a copy of his book.
This secret completely demystifies the market and can make you very very rich.
No this trader is not the legendary W.D. Gann, this trader kept his secrets much more private. Although it is believed he knew Mr. Gann and may have actually influenced some of Mr. Gann's ideas.
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