ARealGannTrader

[infolode]

How do I square the range on any chart?

Your choice of instrument and please post the chart for me to see. I'm a little slow so the visuals help.

Thanks

 

[ARealGannTrader]

Quote from infolode:

How do I square the range on any chart?

Your choice of instrument and please post the chart for me to see. I'm a little slow so the visuals help.

Thanks

1. Get a Gann Wheel.
2. Use the Cardinal and Ordinal Points on the wheel to determine the nearest correct value of the swing high and swing low shown on the weekly chart.

3. Subtract the swing high and low to get the range.
4. Find the nearest square that the range corresponds to.
5. Use those data points to draw the square.

Attached is US steel moving through the second square of 90 on the daily chart.

 

[infolode]

Quote from ARealGannTrader:

1. Get a Gann Wheel.
2. Use the Cardinal and Ordinal Points on the wheel to determine the nearest correct value of the swing high and swing low shown on the weekly chart.

3. Subtract the swing high and low to get the range.
4. Find the nearest square that the range corresponds to.
5. Use those data points to draw the square.

Attached is US steel moving through the second square of 90 on the daily chart.

Nice swing chart. I don't use a Gann wheel, but to each his own.

 

[ARealGannTrader]

Quote from infolode:

Nice swing chart. I don't use a Gann wheel, but to each his own.

Some do use the charted high and low, but I like to incorporate the natural squares into the box, it makes for a symetrical expansion or contraction of the box.

 

[ARealGannTrader]

Weakness noted on the weekly dow chart. I will SAR at 7719.

 

[ARealGannTrader]

Stop loss taken when when price reentered prior weeks range.

Will reenter at previous SAR levels.

 

[cf0532]

No, you show no evidence for your conclusion.

Quote from MandelbrotSet:

That's OK.

According to your definition, Gann Analysis is still garbage ...

 

[cf0532]

I don't know the meaning of "SAR". Is it "Long" or /and "Short"?

 

[nkhoi]

stop and reverse.

 

[cf0532]

Quote from MrSuperlatives:

Does anyone take ARealPaperTrader seriously?