Gann was fascinated with cycles, believing that the 60 and 90 year cycles held special importance. Almost a year before the crash he predicted the bull market in stocks would end on 3 September it actually crashed a month later, on 4 October of that year. The crash was almost 90 years after the previous great crash of , and on this basis, Gann advocates another crash is due around While many traders have achieved stunning returns for a short period of time, most eventually lose everything because their trading systems cannot accommodate rapid shifts in market momentum.
I had heard about Antoniou from a colleague in Geneva, John Iliopoulos, who boasted of his trading prowess. I asked to see his trading record. It was pretty staggering. All of these trades were on the German Dax. The end result was a nearly fold increase in capital. Allowing for the fact that a one week Olympian performance may be a flash-in-the-pan, I asked for a longer proof of trading success, which Iliopoulos duly supplied his own personal trading statement.
Yup, the results were pretty much the same, though not nearly as aggressive. The account shows growth of between 0. I then reached out to Antoniou to see if he would be interested in an interview. He was initially reluctant, but eventually agreed. Though born in Greece and currently commuting between Athens, Germany and Switzerland to meet clients, Antoniou speaks with an American accent.
His mother was an air hostess for Olympic Airlines in the early s, which meant he spent much of his youth outside Greece, particularly the in US. He has visited more than countries, and has close friends in Johannesburg and Cape Town.
His grandfather was a commodity trader, who imparted in him the importance of numbers and cycles. This led him to a fascination with the Greek philosopher and mathematician Pythagoras, who developed the Pythagorean Theorem: Instead of candles or bars in the chart, I was seeing cycles. Everything moves up and down in a cyclical pattern.
All traders would agree with that, but Antoniou went as deep as he could, burying himself in the arcana of numerology, astronomy, Pythagoras, cycle theory and read everything he could by Gann. In the end he says it became quite a simple matter to see the cycles that most traders miss. The evidence is right in front of our faces, and yet most people do not see it. What is astonishing is Antoniou says he is able to use Pythagorean theories to predict price levels for different markets ahead of time.
At the close of trade today, he knows which direction he will be trading tomorrow. He also says he can predict the energy of the market, and which price levels will be hit. Does he often get it wrong?
All markets have a distinct geometry, and Antoniou sends me a few graphs to illustrate the point. Using circles, triangles and squares, he is able to measure the direction and amplitude of movements. Some cycles are smaller than others, though this, too, is predictable. The image above shows how square and triangles Antoniou superimposed in a circle to determine key market dates.
The second chart shows the Euro-USD repeating its cycles with regularity. The decreasing amplitude of the cycles is apparently predicted using the Pythagorean code, and tells the trader what price levels are likely to be hit and when. Antoniou is a day trader, taking upwards of 20 trades a day on behalf of his clients. Some of these trades are exited in seconds, others in minutes. They seldom last much longer.
Traders will understand this logic: All these trades are executed manually. These days he is not trying to break world records: Once we are nicely in profit which usually happens very quickly this is actually risk-free as far as the client is concerned. The track record speaks for itself. Crucially, the losses are relatively small. This kind of track record should send traders rushing to brush up on Pythagoras, who evidently had much more up his sleeve than his world famous theorem for calculating the sides of a triangle.
For him, numbers held both qualitative and quantitative power. How does this relate to trading? I can use this information to accurately predict market trends using six different sciences. This is where it gets a bit mind blowing.
Pythagoras superimposed the days of the year onto a circle, and using geometric shapes such as the circle, the triangle and the square, developed mathematical principles that could apparently predict the future.
This is known as the Pythagorean Code, a concept that has captivated mathematicians and philosophers since. Like William Gann, Antoniou spent years adapting these principles to the financial markets. Antoniou is not an easy man to pin down. When he is not actually trading, he is mapping out his strategy for the next day. He is in hot demand these days, even from elite traders in London and Frankfurt.
Which is not surprising, given his track record. Don't have an account? Sign up for FREE. What stops you from creating multiple companies with different strategies and only auditing those that shoot the lights out? If you could find the liquidity you would be the richest man in the world by far in 3 years.
Ok then, good for you . Your math is a little dodgy, but i get the point. As an individual without direct market access the probability is statistically very remote to achieve those results.
I lose consistently and sustainably when I try to day-trade. Perhaps because I look for trends instead of cycles. If someone would do just the opposite trades that I would do, they would surely make money and beat the market. Keep this field blank. Registered users can save articles to their personal articles list. Login here or sign up here.
Looking for somebody to help you build wealth? Ciaran Ryan is a Johannesburg-based freelance writer who has a background in finance and mining, having previously headed up a gold mining operation in Ghana. He currently writes for several SA and overseas journals on matters ranging from mining to investment.
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