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How do W.D. Gann angles help in confirming or invalidating chart patterns?
How do W.D. Gann angles help in confirming or invalidating chart patterns? Do they invalidate if you take the points outside the time-elements “inside” a time-frame given by an angle? Ex: This morning I was looking at the NYSE, EOB and Nasdaq and I saw a few trading on Dec 8th at around 6am EST. When I entered the charts in both Gann and Fibonacci formats, the charts formed a ‘3rd of a 3’ formation. Yet there was very little time between the two first points during the day. I was wondering if angles play a role even if GANN not yet used. Do they invalidate if you take the points outside the time-elements “inside” a time-frame given by an angle? Ex: This morning I was looking at the NYSE, EOB and Nasdaq and I saw a few trading on Dec 8th at around 6am EST. When I entered the charts in both Gann and Fibonacci formats, the charts formed a ‘3rd of a 3’ formation. Yet there was very little time between the two first points during the day. I was wondering if angles play a role even if GANN not yet used. Do they invalidate if you take the points outside the time-elements “inside” a time-frame given by an angle?Ex: This morning I was looking at the NYSE, EOB and Nasdaq and I saw a few Trading on Dec 8th at around 6 am EST. When I entered the charts in both Gann and Fibonacci formats, the charts formed a “3rd of a 3” formation. Yet there was very little time between the two first points during the day.
Astro-Trading
I was wondering if angles play a role even if GANN not yet used. The angle works. The only question relates to the sign-magnitude of the third data point of an LTS. It invalidates or not.I would venture that G(How do W.D. Gann angles help in confirming or invalidating chart patterns? Question Mark: I watched a W.D. Gann video before I started trading and have to admit that I am totally confused by what he is doing in this video and wondering if anyone can help clear things up. In his video he made me realize that if price holds above 20 MA then the chart will most likely break out of the current down trend. He placed a line charting buy @ 20:17 and then said it would correct to 20 once confirmed and that was where he put a buy order @ 20. Now he says if that line is broken we’ve missed buy opportunity..
Square of 52
..what’s the point? I wanted to add that he’s not looking at body fat % chart. He then placed a sell 2 year at 10:26 saying the trend is only at least for 2 years. Then he said that it must go back to 10 or over, or else buy. At the very end he said we do not know the direction it will break out but the trend is only for at least 2 years. I see that market (gold) had down swing in 5 months about 1/2 but it did not correct and turned into up trend. How can he make such drastic moves when he doesn’t even know where are we trend, what bull trend it will be, and what direction we will break next to confirm the break out of the trend. By the way what should he do if price goes to 100 and then falls to 10, is it a double bottom? I know it’s a long shot but it’s different when you don’t look back 50 years lol! 4 replies so far… you wrote He is not looking at a body fat chart, so he cannot correct one way or the other by which way he is thinking. If he looks at gold he will know the fat will be the driver of this market.
Price Levels
Again, he is not looking at a body fat chart. so ifHow do W.D. Gann angles help in confirming or invalidating chart patterns? I’ve missed the introduction to the subject on your site; could you kindly point me in the right direction? Regards, Chris. This is an insightful question. As a matter of fact the first reason we consider angles is often so because we are charting and that we find this for the confirmation (or invalidation) of an actual pattern so angles can be used a support or a resistance function. Imagine for example that you are interested in the long term trend market over the last 30 years of trading in stocks. Now you have to figure out for each of the stocks exactly which is the trend for this period of time and try to study them to see which one can be considered as a trend in favor of the investor. Let us consider for example a little longer term chart you will find in this article. As we have seen above the black line represents a time frame in which the stock is overbought oversold or in some other words when there is “good news” about your investments. Now we are interested in a particular chart in the period April 5, 2017 to March 22, 2018. One might try to analyze the daily chart over this period to determine which of the previous market’s highs and lows are relevant for the particular stock. If we follow the black line we can identify that the stock increases (price is high and the moving average has a downward slope) in the last week of March and decreases (price is low and the moving average has an upward slope) during the first week of April.
Market Psychology
Based on this we can identify that this stock will reach a level of 25.65 for this particular period of 30 days. The only question we want to ask is if from that stock are we sure the stock will reach this level. This will require some work. It is quite probable that from the week of April 5, 2017 some good news will influence the stock (oversold
