GCN pt 4

"TIME is the most important factor of all and not until sufficient TIME has expired does any big move start up or down. When TIME is up, price movement will start and large volume will begin, either up or down."
W.D Gann

When Time is up !
Of course , when the time is up ----It is just not saying much is it ?
When something's time is up ----naturally..
Bull turns to bear / bear turns to bull
Births happen & deaths too.


When the Time is UP ! It is UP ! 


--> Now change this to Work . 

"Work is the most important factor of all and not until sufficient WORK  has been done  does any big move start up or down. When the Work is completed, price movement will start and large volume will begin, either up or down."Motorway .

Markets have more than one dimension . They are multidimensional . Work can be done in different ways

There is work being done in terms of  PRICE , VOLUME & ACTIVITY measured in relation to what we call Time .

Price, Volume & Activity are mutually interdependent==> Each only exists because of mutually interdependent relationships. It is not so simple as for example, Price follows Volume. No -> Price follows Volume, which followed Price... Which followed volume........etc.............


In a Selling Climax .. Price and Volume expand TOGETHER.. Volume  expands because Price Moves Down. Price Moves Down because  ;-)


A bit like this Charlie Chaplin Clip . It is easy to forget who is chasing Who . Which one is volume  which one is price. They are chasing their Tails !

When the Work is completed, price movement will start and large volume will begin, either up or down.


Work can be done in any of the Dimensions of The Market . For example , Price and Volume are joined by an elastic link. They are always in the process of arriving together but at any one time they can be going in different directions or catching up or returning in turn.


When the Work is Completed PRICE MOVEMENT WILL START or VOLUME WILL BEGIN .


Price Volume and Activity .. Also have Dimensions of their own.


A Horizontal  Dimension , a Vertical Dimension and a POINT Dimension.


On Our "Figure Charts" -. Across the ROWS , In The COLUMNS and in a BOX.


For a BOX to be filled on our charts . it has to fill with PRICE, VOLUME ( hence activity ) & Time.
A box is woven out of various mixtures of all of these. ALL being the KEY.


Time is Duration  and in some ways this Time Element , Wyckoff considered most important of ALL.


There is NO reason to ignore any of the Markets Dimensions nor in turn the individual dimensions.
Work is DONE where it is being DONE .. PRICE VOLUME ACTIVITY & TIME. 


What will matter is always  what we are Not looking at  ( what else ? )


Motorway