IFTA: Some Uses of Market Geometry

Presenter: Victor Hugo, Director, Hugo Capital; President, Technical Analysts’ Society of Southern Africa (TASSA), South Africa

Every technician has been startled at -or in awe of the symmetry of price action and the relationship of price action to time. There seems to be structure and harmonics involved, relative to ranges, relative to gradients and relative to time. In this webinar, we will look at some of that symmetry and suggest ways to use it. A question is whether symmetry goes further, to geometry.

Paraphrased from various sources, geometry may be described as any specific system that deals with the measurement and relationships of points, lines and figures in space, from their defining conditions, by means of assumed properties of space.

Can assumptions be made on time and the spaces measured by price? W.D Gann suggested that some assumptions are measurable and valid, more often than not. He used them successfully. Victor Hugo shall demonstrate how he wrestles with sometimes partially understood concepts, to project key points, then act at key points. What assumptions can be made at these points to trade? What can happen between them? He does not have all the answers and he is not a W.D. Gann expert. Yet his methods and others who have taken his work further, still inspire ongoing research.

The webinar will be an attempt to distil a set of simplified tools and how I use them. I do not use maths, just some arithmetic with basic TA, to measure time, trends, colour coded ranges, risk/reward, targets and triggers.