Gann’s Square of 9
Originated by W. D. Gann, the square is constructed by spiraling numbers outwards from “one” in an anti-clockwise direction. The first completed spiral is achieved by the number “9″ and subsequent progression of the spiral will construct a price pattern tool that associates prices to degrees on a circle.
Gap
An empty space on a bar chart where no price overlap between two adjacent bars exists. In other words the current day’s low is above the previous day’s high or the current day’s high is below the previous day’s low. Gaps typically occur due to overnight news developments.
GDP (Gross Domestic Product)
Measures a country’s economic growth.
Golden Cross
A Golden Cross is created when shorter moving average crosses above a longer moving average. This is generally considered a bullish signal.
Golden Ratio
The ratio of any two consecutive numbers in the Fibonacci Sequence (0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55…). After development of the sequence the ratio between one number and it’s preceding number is 1.618 and in the opposite direction is 0.618. These ratios were used by the Egyptians to build pyramids, by the Greeks to build the Parthenon and also occur in nature.
Good Till Canceled (GTC)
A trading order that remains in force until the trader cancels it.
GTC - See Good Till Canceled