By David Burton

Gann Trader

I first became interested in the markets in the early 1970s, after watching the public rush to buy gold. Gold had become a major topic in the headlines, and after reaching a peak in 1974, the price went on to fall by around $100 an ounce over the following two years.

This raised a question for me: why do markets move the way they do? I wanted to understand what drives price movements and whether there were recurring patterns behind them. This led to my interest in market cycles.

I left New Zealand in 1978 and came to Australia. I began my working life in Western Australia, where I worked in the mining industry as a mechanical fitter. My technical training included Engineering Workshop, Mathematics and Technical Drawing, and I found that the practical and mathematical skills I developed during those years later became useful in studying markets. After several years in Western Australia, I moved to Queensland and eventually moved from the mechanical trade into marketing.

In the 1980s, I became a broker for an Asian company and began studying market charts in depth. In 1985 and 1986, I decided to study the markets on a full-time basis. Since 1983, I have been researching, trading and investing in the markets. Over the years, my studies led me to the methods of W.D. Gann, and these principles became an important part of my approach to market analysis.

My work today focuses on the relationship between time, price and market cycles, with an emphasis on applying these principles to actual market conditions.