Dynamic Gann Levels
Dynamic Gann Levels by Don Fisher presents one of the most precise and structured interpretations of W.D. Gann’s market geometry principles ever written. While most Gann-based systems revolve around abstract ratios and speculative geometries, Fisher’s Dynamic Gann Levels (DGL) transform those ideas into a practical, formula-driven forecasting tool.
The paper begins by contrasting fundamental and technical approaches, affirming that price action alone reveals the true state of the market. Fisher builds upon Gann’s central principle — “When time and price coincide, change is imminent.” He mathematically refines Gann’s 1/8 divisions of price movement (3/8, 4/8, 5/8 … 8/8) to create six calculable levels that dynamically project future support and resistance zones.
The DGL methodology employs V and inverted V formations constructed from three consecutive turning points (A–B–C). By computing precise ratios of both price and time between these points, traders can forecast zones of market balance long before price reaches them. Unlike static Fibonacci retracements, Dynamic Gann Levels evolve daily — producing living, time-adjusted support and resistance lines that adapt to market rhythm.
Fisher illustrates his process with detailed IBM and Deutsche Mark case studies, showing how convergence between multiple levels often pinpoints exact reversal points. He also incorporates probability thinking, disciplined money management, and psychological awareness, reinforced by Ray Barros’ contribution on trader survival. The system merges geometry, algebra, and disciplined trade planning into a coherent, repeatable framework.
For any serious Gann student, this document bridges the gap between Gann’s esoteric theories and actionable modern analysis. It is a cornerstone work demonstrating that markets follow a natural mathematical order that can be mapped, calculated, and traded with measurable precision.
