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Time and Price Forecasting

  • #361
  • Sep 30, 2019 10:57am Sep 30, 2019 10:57am
I really have to obtain some good charts... but, while waiting for a my flight confirmations I drew a few lines...now I have no problem pulling the trigger on standard lots when I know what I am doing....but being unsure of myself with this concept I just entered conservative...$1.00 per tick.....but if im correct, and once I gain a better understanding, this little trade, about 30 minutes long would have produced just about 800.00....very interesting indeed..lol ( and NO Heat Whatsoever after the entries....)
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-09-30_0954.png Size: 23 KB
  • #362
  • Sep 30, 2019 12:09pm Sep 30, 2019 12:09pm
Jenkins talks a lot about 50% levels, increments of 25 and so on....so when drawing the square from low to high swing (58pips) and using 50% fib to draw the center something else becomes apparent...another level to trade from as GBP attempts north. Anyway, please Gann traders, your comments....is this too fundamental to even comment on....did I just get lucky on this trade.....??? It seems every time I take a few minutes to do some of this fundamental drawing, I come up with entries...good ones, as long as I enter in the overall trend....(all I gauge is money in the account)
Attached Image (click to enlarge)
Click to Enlarge Name: 50_percent.png Size: 34 KB
  • #363
  • Edited 1:12pm Sep 30, 2019 12:20pm | Edited 1:12pm
Quoting Swede
Jenkins talks a lot about 50% levels, increments of 25 and so on....so when drawing the square from low to high swing (58pips) and using 50% fib to draw the center something else becomes apparent...another level to trade from as GBP attempts north. Anyway, please Gann traders, your comments....is this too fundamental to even comment on....did I just get lucky on this trade.....??? It seems every time I take a few minutes to do some of this fundamental drawing, I come up with entries...good ones, as long as I enter in the overall trend....(all I...
Swede, it looks as of this moment you don't need any help? LOL I got something for you, I'll send it to you. Next time try this Swede Starting from the Impulse Wave, make a square. From there add your angles, see pic
Attached Image (click to enlarge)
Click to Enlarge Name: 30-45-60-90 S P.jpg Size: 61 KB
Vertical lines show=Price, Horizonal Lines show=Time, Diagonal Lines show=Time & Price
P
You NEVER will be the person you could be, without pressure & discipline
  • #364
  • Sep 30, 2019 12:46pm Sep 30, 2019 12:46pm
Quoting Swede
Jenkins talks a lot about 50% levels, increments of 25 and so on....so when drawing the square from low to high swing (58pips) and using 50% fib to draw the center something else becomes apparent...another level to trade from as GBP attempts north. Anyway, please Gann traders, your comments....is this too fundamental to even comment on....did I just get lucky on this trade.....??? It seems every time I take a few minutes to do some of this fundamental drawing, I come up with entries...good ones, as long as I enter in the overall trend....(all I...
Swede it would be helpful if your chart could show Time and Price Axis

Thanks in advance
  • #365
  • Sep 30, 2019 12:57pm Sep 30, 2019 12:57pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 5 mn 30 SEPTEMBRE 2019.png Size: 1.0 MB
  • #366
  • Sep 30, 2019 1:06pm Sep 30, 2019 1:06pm
Gann Square Tool from Trading View
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD GANN SQUARE 5 mn 30 SEPTEMBRE 2019.png Size: 1.0 MB
  • #367
  • Sep 30, 2019 1:38pm Sep 30, 2019 1:38pm
Quoting parisboy
Gann Square Tool from Trading View {image}
This is what I use on my grid charts. I've just modified the levels, and break into eighths. I have to manually put in the 12.5% and 87.5%, both vertically and horizontally
  • #368
  • Sep 30, 2019 1:43pm Sep 30, 2019 1:43pm
Quoting parisboy
{quote} Swede it would be helpful if your chart could show Time and Price Axis Thanks in advance
would like to see some comparable charts for same instrument 15 min profile....I’m traveling now so only have my ipad so cannot do much...thanks for the reply though..
  • #369
  • Sep 30, 2019 1:44pm Sep 30, 2019 1:44pm
Quoting DiamondMiner
{quote} Swede, it looks as of this moment you don't need any help? LOL I got something for you, I'll send it to you. Next time try this Swede Starting from the Impulse Wave, make a square. From there add your angles, see pic{image} Vertical lines show=Price, Horizonal Lines show=Time, Diagonal Lines show=Time & Price P
Very cool and interesting concept!!!
  • #370
  • Sep 30, 2019 2:21pm Sep 30, 2019 2:21pm
Quoting Swede
{quote} would like to see some comparable charts for same instrument 15 min profile....I’m traveling now so only have my ipad so cannot do much...thanks for the reply though..
Done as requested !
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD GANN SQUARE 15 mn 30 SEPTEMBRE 2019.png Size: 1.0 MB
  • #371
  • Sep 30, 2019 2:32pm Sep 30, 2019 2:32pm
Quoting DiamondMiner
{quote} Swede, it looks as of this moment you don't need any help? LOL I got something for you, I'll send it to you. Next time try this Swede Starting from the Impulse Wave, make a square. From there add your angles, see pic{image} Vertical lines show=Price, Horizonal Lines show=Time, Diagonal Lines show=Time & Price P
I always use the Law of Vibration and the Octave and its harmonics

BUT :
For anyone with an original Gann course, if they will turn to the first page of the section titled The Basis of My Forecasting Method

, looking at line 10 from the bottom; they will read the following quote.

"There are 3 kinds of angles-the vertical, the horizontal, and the diagonal, which we use for measuring time and price movements."

Today every usage called "Gann angles" uses "diagonal angles" only.

Yet the Master says we must use all 3 angles-

the vertical angle,
the horizontal angle,
the diagonal Angle.

Definitely not the last and least important, the diagonal angle alone.

I am amazed practically nobody seems to have noticed Gann comprehensive statement about them in his courses.

The conclusion has to be that there's a lot more to Gann's use of angles than today's users ever dreamed of.

You will note that "Murrey" and followers use ONLY the " Horizontal" Angle (Line)
Attached Image
  • #372
  • Sep 30, 2019 5:20pm Sep 30, 2019 5:20pm
Quoting parisboy
Gann Square Tool from Trading View {image}
If you don't mind me asking.. What are you using to determine the end point of your Gann Square. I understand the beginning, or swing points H/L. But how are you finding where to stretch it the end to, or are you just lining up the current levels to the fib ratios vertically?? I'm asking to see if there is a better, or more accurate way to do it, compared to how I do it.
  • #373
  • Sep 30, 2019 6:12pm Sep 30, 2019 6:12pm
Quoting Heelfan23
{quote} If you don't mind me asking.. What are you using to determine the end point of your Gann Square. I understand the beginning, or swing points H/L. But how are you finding where to stretch it the end to, or are you just lining up the current levels to the fib ratios vertically?? I'm asking to see if there is a better, or more accurate way to do it, compared to how I do it.
I try to have my starting point (high or low) at the extreme left of the screen and then I extend the square tool from this starting point to get an "optimal" disposition of the vertical and horizontal lines

horizontal touching of highs and lows
vertical positioning of significant highs and lows

in the present case this "post mortem" chart can only give us some ideas on the structure of the GGPUSD / 5 mn
Attached Image (click to enlarge)
Click to Enlarge Name: GANN TRADINGVIEW EXTENDING THE RANGE.png Size: 1.2 MB
  • #374
  • Sep 30, 2019 6:17pm Sep 30, 2019 6:17pm
Quoting parisboy
{quote} I try to have my starting point (high or low) at the extreme left of the screen and then I extend the square tool from this starting point to get an "optimal" disposition of the vertical and horizontal lines horizontal touching of highs and lows vertical positioning of significant highs and lows in the present case this "post mortem" chart can only give us some ideas on the structure of the GGPUSD / 5 mn {image}
Thank you sir!! That's what I thought. I guess my real question is, how does it help you determine how price might react/move in the future??
  • #375
  • Edited Oct 1, 2019 3:42am Sep 30, 2019 6:36pm | Edited Oct 1, 2019 3:42am
Quoting Heelfan23
{quote} Thank you sir!! That's what I thought. I guess my real question is, how does it help you determine how price might react/move in the future??
not with this tool

I mainly use Envelopes for trading, but very often this helps to confirm reversal ;

- concurence of ;

- limit of the Envelopes touched by Price Action
- Heikin Ashi bars transitioning from green to red or red to green
- exact or close proximity of Gann Horizontal or Vertical Lines
  • #376
  • Sep 30, 2019 7:38pm Sep 30, 2019 7:38pm
Quoting Swede
Jenkins talks a lot about 50% levels, increments of 25 and so on....so when drawing the square from low to high swing (58pips) and using 50% fib to draw the center something else becomes apparent...another level to trade from as GBP attempts north. Anyway, please Gann traders, your comments....is this too fundamental to even comment on....did I just get lucky on this trade.....??? It seems every time I take a few minutes to do some of this fundamental drawing, I come up with entries...good ones, as long as I enter in the overall trend....(all I...
I agree with your frustration, we stumble into the world of MT4 and all the indicators, and then there are real charts that tell us lots more, cheers,
Donald.
  • #377
  • Oct 1, 2019 7:53am Oct 1, 2019 7:53am
For those of you to whom are new at this, there is something you need to remember from the beginning. FOR ME:Forecasting is just one one part of a process to be used in conjunction with my normal trading habits and practices. Other parts used are Measured Moves, Calculating Support and Resistance and Retracements and then combining Cyclic turns indicated with those angles. Once I have determined where the turns are expected to be, I use lower time frames to give me that conformation for entry. This being said, it takes work, even while being proficient at it will take minutes each day on every chart.

What you will have in the end, is more successful trades with better entries, staying in the trade longer, and making more capital. Most of you do not know me, I am 69 years old, and I retired from work in 2010. I've made wealth on two different continents. This thread holds a key to making wealth that only a few of you will achieve, mostly because it takes work. Most people nowadays are afraid of work. These is no free lunch here or anywhere but there is something at the end of the rainbow.
You NEVER will be the person you could be, without pressure & discipline
  • #378
  • Oct 1, 2019 9:45am Oct 1, 2019 9:45am
Quoting parisboy
{quote} not with this tool I mainly use Envelopes for trading, but very often this helps to confirm reversal ; - concurence of ; - limit of the Envelopes touched by Price Action - Heikin Ashi bars transitioning from green to red or red to green - exact or close proximity of Gann Horizontal or Vertical Lines
I've tried setting up the envelopes, but they never line up properly. I imagine you are changing settings differently on different TFs Those are based off Hurst right?
  • #379
  • Oct 1, 2019 1:21pm Oct 1, 2019 1:21pm
Quoting Heelfan23
{quote} I've tried setting up the envelopes, but they never line up properly. I imagine you are changing settings differently on different TFs Those are based off Hurst right?
which Envelopes for what financial suport on which TimeFrame ?

it is based on Hurst right - read my thread everything is explained in details
  • #380
  • Oct 1, 2019 4:20pm Oct 1, 2019 4:20pm
I often scan my stock data for geometric patterns in Amibroker.

Attached is one that came up this afternoon on Fortuna Silver Mines showing a Gartley Pattern.

While this may not qualify in Scott Carney's world, it presents a starting point for possible further analysis.

I have also overlayed this image with a Beck/Gann emblem which indicates a possible reversal point (CIT)

Attached Image (click to enlarge)
Click to Enlarge Name: FVI_Gartley.jpg Size: 516 KB


Attached Image (click to enlarge)
Click to Enlarge Name: FVI_GEmblem.jpg Size: 789 KB


I wonder if forum members have any comment.

S.
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