My blog: Jul 20, 2011

WD Gann was a prolific writer and businessman, and more than 50 million dollars (500 million worth today!) Made a fortune.

Predictions were the subject of many public records of your business. For example, he correctly predicted the advance of an accident in 1929!

Died in Gann 1955, but he still holds legendary status as a technological innovator.

Predict the market using Gann angles, you can add a valuable tool for your business strategy.

Assumption: By studying the past, we can predict the future
Gann price movements in the three campus-based predictions:

1. Price, time, and only three factors are considered.

2. Markets are cyclical in nature.

3. Markets are geometric in their design and function.

Gann believed human nature was constant, and the repetitive price patterns that are identifiable in the show, and therefore can be worked on to increase profit potential.

Gann Strategies for Trading Success

Based on the above assumptions, Gann forecasting strategies revolves around three areas:

1. Price - study - this study support and resistance lines, pivot points and uses the angle.

2. Time study - This study dates from historical natural order reoccurring.

3. Pattern study - the study of market swings using trend lines and reversal patterns.

Construction Gann Angle

Market Using Gann angles requires practice and subjective judgments. Here's what you need to:

1. Set units of time - a common way to determine a unit of time to study charts and look in the distance are the price movements. Then put to the test angle and see how accurate they are. Intermediate-term time frame (one to three months) for a short daily period, or multi-year chart patterns than does produce the optimal amount.

2. Gann set high or low by drawing lines to the most common way to accomplish this, the Fibonacci levels or pivot points that technical analysis is supplemented with other forms. Gann used what he called "vibrations" or "price swings." Such as the Fibonacci numbers using the principles laid down in the chart analysis.

3. Use patterns to determine the two most common patterns 1x1, 1x2, 2x1 and are. These are just variations of the slope of the line. For example, 1x2 1x1 is half of the slope. The number indicates the number of bus units.

4.

5. Look for repeating patterns on the chart - this technology is based on the premise that markets are cyclical.

Using Gann Angles for Trading Profits

Gann angle to predict the market to use the most common sign of support and resistance levels. Many other trading methods use support and resistance lines, Gann methods then set aside from the rest?

Quite simply, the market prediction using Gann angles, add a new dimension of support and resistance levels, they can be diagonal.

Gann optimal formation

Optimal balance between time and price exists when prices move identically time. It is present when the Gann angle is 45 degrees.

In total, there are nine different - different angles Gann. When one of these trend lines is broken, the following angle will provide the next level of support or resistance.

My blog

Wednesday, July 20, 2011

Predicting the Market Using Gann Angles - An Alternative Slant on Market Timing

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