Gann Square
GBPUSD Covered my longs today @ 1.3340!#GBPUSD today I covered my longs on pound
flat @ 1.3340..... today could be a pivot swing high......
will not take any chances....
lets wee how PA will act next week...
I will wait for pound to tell me what it wants to do....
kudos to those that were long pound
Gann Analysis
GBPUSD Gann Price & Time AnalysisGBPUSD doing some cycle work calculation and this is a forecast if pound continues to the downside....
I give it a 2 day window either 9-1 or 9-2 and price levels....
These are using MM techniques... but there are other calculation that show it could trend higher....
so its harder to forecast with just 1 reversal bar on 8-26....
PA kissed the 50sma (Res) and has (Sup) 20sma below.... so really it has not done any damage to the upside or the downside.... if you know what I mean
Keep in mind I don't rule out it could be the beginning of swing trade to the downside.....
as for now I'm Neutral waiting too see how PA will act next week.
Gann Analysis
GER30 trade map
We are at important point, if price closes below Gann arc then demand zone below price will become important zone to trade on daily chart.
We have formed the higher high and higher low in recent past, but we are not out of down trend.
One can use the chart and the levels to trade, every Gann line and arc can work as support or resistance.
Bank Nifty analysis for coming weeks
Shared chart is the road map for bank nifty movement for next few weeks. we have supply zone at 17859 to 18000
127% of Fibonacci level is also clubbing with supply zone.
All green lines are Gann square lines derived from different numbers, price is responding to these line nicely.
One can use these lines for stops or targets. Red and Green zones are supply and demand zones respectively.
CL1! trading Map
Every line on the chart represents support or resistance.
Vertical lines are time lines where trend may change.
One can use this chart as trading map for next few months. This Gann square-3.00% chart can be used in standalone way or with other trading strategies like. Candle stick patterns, demand supply zones, Momentum indicators, Fibonacci ratios, trend channels or any other way of your own. This chart can be considered as trade conformation chart.
With all kind of tools and charts we are trying to analyse where trend will change, with this or with my any other chart my intention is not to judge top or bottom. With all the tools we will always try to find possible entry exit and stops only.
It is helpful in deciding entry exit and stops.
Nifty Gann trading map
Every line on the chart represents support or resistance.
Vertical lines are time lines where trend may change.
One can use this chart as trading map for next few months. This Gann square chart can be used in standalone way or with other trading strategies like. Candle stick patterns, demand supply zones, Momentum indicators, Fibonacci ratios, trend channels or any other way of your own. This chart can be considered as trade conformation chart.
With all kind of tools and charts we are trying to analyse where trend will change, with this or with my any other chart my intention is not to judge top or bottom. With all the tools we will always try to find possible entry exit and stops only.
It is helpful in deciding entry exit and stops.
Markets are not chaos.There is order. Squared . Gann angles . I study Market Traders Institute . Trade Empowered on Youtube . I am technical trader . Did alot of research on the internet and Youtube . This Gann box will prove that prices do not move chaotic . I squared date 1/5/2016 low . Squared high 2/11/2016 . Just like nature , a snow flake has a pattern . Then we are also in a pattern or cycle . I drove 18 wheelers for 17 years . Did you know vehicle accident rates have a cycle also . They peak two times per year . The first between December , January . The second between June and july . Lets see what have happens thru the square . God Bless