Explain Gann’s concept of “time and price relationship” and its importance in trading. Gann said that time and market relationships are most importantly what he understood. As a result of many years as a hedge fund manager, and running his own hedge fund during 1998, he started to formulate an overlay of the trading market. He realized that many important market indicators emerged from the markets and a trader had to know them–such as trading direction, moving averages, support and resistance levels, etc. The trader also had to know the behavior of the indicator. For example, did a market go to an unusual low point? Did the market make new lows and higher lows? Did the market follow trend lines, even if those lines curved too high or too low? Did the market turn sideways? Traders watch additional resources single tick to chart trends and determine their market level. Gann realized that this level could mean the market ends, right then. The traders had to make their own entry points, rather than randomly open or close a trading position after a market move unforeseen. The way Gann applied those indicators was to trade the market behaviorally. By extending the range of volume, the trader could indicate where a point becomes a point of equilibrium. That point of equilibrium is when the bid and ask prices behave at the same psychological value. Therefore, by then trading based on the trader’s psychology and psychological value trading can be successful. Traders take the bid-ask spread and the traded volume as an indication of the market.

Ephemeris Points

This is the time and price relationship formula for Gann. Gann’s Market Expectations How well did Gann time the markets? Let’s take a look at just a few of his successes. What does this trend chart show? Year to Date Close Trading You can see that the time and price chart shows prices are still at a point of Explain Gann’s concept of “time and price relationship” and its importance in trading. Explain the relative importance of one or two major charts and which is more important to learning how to trade. Explain the four steps of money management: limiting loss; balancing risk and reward; forecasting profit potential; optimizing trading discipline etc.? Explain and show the differences between trade entry and profit targets. What is the role of psychological trading elements and how could you test your own trading ability by asking yourself if you have a trader’s mind when you trade? Explain the major differences between day trading and long-term trading. Explain the main differences between over-the-counter and listed stock markets. Who are the major economic players behind the stock market activity and the major forces that could potentially derail or upset the markets and cause a global market event or crisis? Who should be considered as the major players in the commodities market? Which countries trade the greatest volume of gold, why and how does the major world gold exchange trading network make money? Explain the fact that gold prices rise against most other commodity prices, why? In what specific ways do gold prices behave different from any other commodity prices? What are the biggest losers and biggest winners in the commodity markets? Who were the major stock market gurus and what are the most important factors they took into account when they forecast the stock market? What are the biggest investors in various stock markets around the world? Which country has the highest bond market as measured by the value of total outstanding bonds or stocks etc.? What stock market events did the authorities worldwide use as a defense of political economy or a platform for policy change during the last decade? To what do they plan to build on the experience of the past decade? Where do global stock markets perform well or poorly based on market capitalization size? Classify stock exchanges by what product they offer, the major markets, their importanceExplain Gann’s concept of “time and price relationship” and its importance in trading. How does the time-price relationship play a role in today’s technical markets? Give an example of its application through Gann’s historical analysis. 13 Pages: An excellent tutorial on time and forex trading strategies. Very straight forward, step by step analysis that doesn’t get lost in complex mathematics.

Market Psychology

A description of the the mechanics and strategy of technical strategies. Strategies for trading using volatility. A multi-part study of technical analysis strategies and strategies for trading on the volatility and volume. Not as detailed analysis as other books, but offers a good step by step application. How to trade the markets using technical analysis, without waiting. Informative and easy to read descriptions of time and forex trading strategies. The trading art of determining the direction and magnitude of momentum in the markets, plus excellent ways to trade price momentum for maximum profit. The author also outlines 5 popular indicators which will help you to identify momentum in the financial markets. It makes this a very straight forward to understand, yet informative read. The author starts with a description of the mechanics and then moves on to trading strategies. He presents the most reliable and simple time and forex trading strategies, letting you know, which strategy to choose to make money with time and forex intraday trading. Buyers are willing to pay more for a product today than they would if they knew its future price, time and forex trading strategies are an integral part of a method that enables anyone to trade the main indices to create profits using intraday charts. Excel spreadsheet containing all ideas for the study of the Time and Price Relationship, Chartbook and How to Intraday Indicator.

Price Patterns

One of the best books available out there, if you are looking for detailed information about time and forex trading strategies. He also discusses the strategies for entering positions.