Disliked{quote} VTL does the important job that divides the chart into strong and weak territory. Entry always in weak territory. Mistake with many trades is risky entry made in strong territory that makes the stddev unlimited. I use dual ichimoku to define both this territories. EU - Multiple entries on DVTL. {image}Ignored
According to Gann :
- a strong territory is located ABOVE the (1 x 1) Angle - (1 Price Unit x 1 Time Unit)
- a weak territory is located UNDER the (1 x 1) Angle - (1 Price Unit x 1 Time Unit)
On this Long Term Chart, Facebook was always above its Long Term (1 x 1) Angle - hence you never enter in Facebook ?
PS Fact is : it is more complicated than you think