Bryce Gilmore Geometry Of Markets Pdf Download: A Review of the Classic Book on Market Analysis
Bryce Gilmore is a renowned trader and market analyst who has written several books on the application of geometry, mathematics and astrology to the financial markets. One of his most popular works is Geometry of Markets, a two-volume series that covers various aspects of market structure, cycles, patterns, ratios, angles and projections.
In this article, we will review the first volume of Geometry of Markets, which was published in 1989 and is available as a free pdf download from various online sources[^1^] [^2^] [^3^]. We will summarize the main topics and concepts that Gilmore presents in this book, and highlight some of the benefits and challenges of applying his methods to the modern markets.
What is Geometry of Markets about
Geometry of Markets is a book that aims to reveal the hidden order and harmony behind the seemingly chaotic movements of the financial markets. Gilmore argues that the markets are governed by natural laws and principles that can be expressed in geometric terms. He claims that by using these geometric tools, one can identify the key support and resistance levels, trend changes, price targets and time cycles that affect the market behavior.
Gilmore draws inspiration from various sources, such as ancient geometry, Fibonacci numbers, Lucas numbers, planetary cycles, astrological cycles, Gann angles, Elliott waves and more. He shows how these elements can be combined to form a comprehensive framework for market analysis. He also provides numerous examples and charts to illustrate his points and demonstrate his techniques.
What are some of the main topics and concepts in Geometry of Markets
The first volume of Geometry of Markets consists of 10 chapters, each covering a different aspect of market geometry. Here are some of the main topics and concepts that Gilmore discusses in this book:
The theory behind time relationships in markets: Gilmore explains how planetary cycles, seasonal cycles and astrological cycles influence the market trends and turning points. He also introduces some important dates and times that can signal a change in trend.
The science of mathematics: Gilmore reviews some basic concepts of ancient geometry, such as squares, circles, triangles, golden rectangles and golden triangles. He also introduces some number series that are relevant for market analysis, such as Fibonacci numbers, Lucas numbers, powers of numbers and Gilmore numbers.
Important static time elements can signal a change in trend: Gilmore shows how to use mathematical time elements, such as annual cardinal points, clusters of time and divisions of a year, to identify potential trend changes. He also provides some examples of time at major trend changes in various markets.
Static price increments and levels for support and resistance areas: Gilmore shows how to use mathematical price elements, such as Fibonacci degree price rises and declines, Lucas degree price rises and declines, square of 144 and simple squarings of time and price, to locate important support and resistance zones.
Dynamic price supports and resistances: Gilmore shows how to use dynamic price elements, such as double tops and bottoms, 100% rise or decline from a low or high price, 61.8% or 66.6% decline from a high price or rise from a low price, to identify potential reversal points.
Squaring price for location of future support and resistance zones: Gilmore shows how to use squaring techniques to project future support and resistance levels based on previous price action. He explains how to square a low price, a high price, a price range or a range time to a future price.
Dynamic time supports and resistances: Gilmore shows how to use dynamic time elements, such as previous major range times,
completed bull and bear cycles,
range vibrations in intermediate waves,
daily chart for accuracy of time measurement,
alternative confirmations of time squarings,
to identify potential turning points based on previous time action.
Chart scaling of time and price: Gilmore shows how to scale the charts properly so that one unit of price equals one unit of time. He also discusses alternative price to time scales,