Quote from cf0532:
Thank you very much. You are so good, and I am so lucky to meet you.
Yes, just as you said, "Do not use them to trade with, as without a knowledge of all the composites, one could get a nasty surprise." I read similar words in Gann's works. In the fact, it is easy to understand, since just as we judge sth, more characteristics we find about it, more doubtless it is distinguished.
The chart you provided is Gannified wonderfully, but I find it is a little complicated for me. In the fact, I have read all books of what which WD wrote by hiself and I can find. And then I find this question----about the angle and time cycles. He never refered on them in his works that I have read, including new stock trend detector, truth of the stock tape, wall street stock selector, 45 years in wall street, how to make profits in commodity and so on.
"So I just trade the chart from the horizontal angles. Vertical angles, i.e. cycles are good to know, but do not trade them." Why do not you trade by the help of cycles. I still remember WD wrote that the time is most important. The chart you offered just now shows the cycle, I think, the square and round.
Thank you!
