What are Gann Planetary Lines and how can they influence your trading?

Do you you want to add some natural structure and elements to your trading? Watch our latest video of financial astrology and learn how can Gann Planetary Lines can help your trading

Gann Planetary Lines – A financial astrology lesson

Hello and welcome to this video from Diary of a Trader. And today we’re going to go over synoptic lines and planetary lines and how they relate to trading. And this is in Optuma by Market Analyst. It’s a very awesome piece of software. Now, if I want to look at how and why planetary lines work, first I’m going to need a chart, so I’m going to go with… I’m going to use Bitcoin-Dollar pair. And so, this is the daily close, and so, what I want to do is I want to add the lines of planets onto a chart. Now, the gentleman responsible for doing this, his name was William Delbert Gann, and he had an idea of changing the way that we look at charts, and the way we look at horizontal and vertical lines of support and resistance and time cycles. And so what he did, there’s something called “Gann’s Planetary lines”, but in addition to that, there’s also synoptic lines and all these angles are, is the longitudinal position of a planet and then converted into a price chart. And so, if we look at this synoptic line here, we can tell that this is the synoptic cycles of Mercury and Venus, onto a chart together. But Bitcoin is mostly sensitive to Mars and Uranus. And if we can tell just by looking that this synoptic relationship seems to act as the normal and natural area that Bitcoin follows. If we were to go back in time here and even look back, we can see that there is a lot of past price history that shows that Bitcoin really likes to follow this cycle. And as it flattens out and planes out we get to see how it may trade. Now, one of the strengths of this is that there are harmonics that we can add to kind of increase, that we can input the visible lines in between the major cycles, to give us kind of another area of support and resistance to look at. So, if we’re looking at it with only the two harmonics where we have one major, one minor, we could go with eight. That looks a little noisy, but certainly, if we were to zoom in, we could see that this is still a viable way to look at our chart, we can see some natural areas of support and resistance, but, personally, I just like to leave two on there, that is enough. And you can see that price and Bitcoin really responds accurately to these levels and what is actually very interesting about synoptic lines or planetary lines is that these are naturally occurring mathematical measurements. These are not subjective and dynamic values that you just add because something’s out of support or resistance area. It does take a little work on the analysts’ part because you have to determine which planetary synoptic cycles will work. Oftentimes, you can get there by using just, it’s called GPL Gann’s Planetary Lines. And if we put that on our screen, we see here, the first one, this is just, this is only Mercury, and Mercury seems to hold up as a pretty standard area of support and resistance, but we can also look at Venus, Mars and this is why Mars is such an important cycle and planet for Bitcoin.

Not every instrument, not every market is going to respond to the same planet. So, in each chart seems to be sensitive to one versus the other. Jupiter and Saturn are certainly charts that show the most amount of relevance in many, many markets. It’s actually a pretty fascinating way to look at these markets, and what’s actually kind of fun to do is, if we plot all of these on our screen, so here we’ve got Mercury and we’ll just change that to black, and then we can add another one and we’ll do Venus, and we’ll color that one blue. And then, let’s see, let’s add… We’ve already got Mars, Mercury, again, let’s do Jupiter, Saturn. No, we don’t have Mars on there, that’s right. Mars. And we will color that red. And we’ll just leave those things on there for now. And what we want to look for as this happens, is we see that there are times when they cross each other, when some planets are going to cross each other. When we notice that happen and we can see it happen in the future, we should be aware of what price is doing at that time because often, prices have some type of response to planets that cross each other, have a crossover on their cycle. So, for instance in Bitcoin, we saw that when Mercury, sorry, Venus and Mercury and Saturn were all crossing over each other, we were near a market high, and then that promptly sold off. And where do we see the next time when we have this major crossover here in the future? Well, we have to set up a few more, we’ll do 1000 Blank Bars. We can look over in the future and we can see that that next one is probably we’re looking at, on these faster planets, we are really looking at some time in September of 2019. And the most kind of the closest interaction we’re going to find from here is more than likely going to be this zone here, and that’s in October of 2018.

But, with all of these planetary angles and planetary lines what’s important to know is that there is generally one and sometimes two planetary angles that some charts are more sensitive to than others, and they act as very neat and clean areas of natural support and resistance. And I’ve done this, I do this in my own trading, in my own charts. This is the Euro. And this is the planetary line of Saturn. The Pound Planetary Line of… This is a synoptic line of Uranus and Pluto. The Aussie dollar, you can see these wavy lines, this is Jupiter and Saturn. US dollar/Canadian dollar, Jupiter and Uranus. And then Bitcoin, finally, we have… This is just Mars. So, this is a very powerful form of analysis and it’s fun to learn about, fun to apply, and you know, without having to know a lot about the math and how it’s applied and placed on the charts, software can do that for you, now these days, and it’s a fantastic way to add some natural structure and elements to your trading.

Hope you found this video enjoyable, and I look forward to talking to you in our future videos. Thank you! Bye-bye.