many years ago I did a course about Gann run by a Melbourne based trader and forcaster. I found that the course wasn't particularly good. I've read Truth of the Stock Tape And Wall Street Stock Selector written by W.D. Gann and I found it to be vauge and lacking substance, particularly in respect to actual Gann methodolgy.
As we all know, Ganns record of forcasting success and claimed wealth accrued from stock and commodity trading has had ongoing doubts cast over it, even Ganns own son has claimed he was fraudulent.
Gann has a reputation as an auther to be vauge and to speak in riddles, and some claim that he never revealed his true methods. There are many individuals and groups running courses in Gann trading, much of which would be based on their own interpretations of what Gann taught.
What I'd like to know is how practicle and usable is the Gann methodology for trading. Is it that some people who use Gann see it through rose coloured glasses and make it out to be better than it really is? Is it consistant enough to be at the core of a trading methodology or is it something which should be used as a secondry indicator to traditional technical analysis? How does it stack up against traditional tech trading methods like support and resistance, breakouts, patterns, trends, price/volume activity and technical indicators?
I know that Larry Williams has some serious issues with Gann techniques and dispises people selling Gann courses. Of course there are vested interests from both sides on that issue, but interesting none the less.
Will it really help my trading? Is it really worth learning and if so,what's the best way to go about learning it?