Thursday, April 3, 2014

Trading with gann Method easy: SQUARING CURRENT PRICE WITH TIME FROM A PRIOR CHANGE IN TREND

look at the picture .
Its 4hrs chart shows data of  5 months 8 days.

See for top and bottom for resistance and support.


See  high 21.01.2014 .912 which is converted to 912(january 21, 2014)

low at .870 which is converted to 870 march 13, 2014.

CD ( counting day) = 52 days.= 353 degree.
TD( trading day)  = 38 day = 165 degree.
Closing price .872= 872= 15 degree

look here Closing price makes right angle with TD, Lowest price makes right angle with CD.
U may see gann cirlcle to see how these are make right angle.

1 comment: