In the course MSJ also uses the 25 and & 75% fib levels so one can draw a fib in the angle range and draw additional intersecting lines
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Gann angles forecasting Method and SHIBA INU 0 replies
All the Forecasting and Prediction indicators on the market? 18 replies
Economic Indicator Forecasting by Banks: Why and how 4 replies
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DislikedMy pleasure I have also been drawing my angles by hand using TradeStation with stocks but stumbled on the script by accident. Having read his books and squaring charts every day It’s time to take things to the next levelIgnored
DislikedI only discovered MSJ while researching Gann I just stopped all my old methods and read all his books I could lay my hands on. After watching his 6hr course there was no going back. I normally trade stock options and trade crude and the indices on the side. Will post a few charts soon on stocks. I read a quote from a Gann trader sometime ago who said One can become vey very rich by just trading 50% retracements alone and it works on everything .....Ignored
Disliked{quote} Aworex, well said. Good Post. "I only discovered MSJ while researching Gann I just stopped all my old methods and read all his books I could lay my hands on. After watching his 6hr course there was no going back". Unfortunately, most of us as traders complicate matters by adding a lot of crap to their charts, just to become confused even more. If there were more readers out there to whom that were willing to pay attention to what they just read, they're financial situation would change immediately. PIgnored
Disliked{quote} Marcieny newbies and dummies are newbies and dummies I was a beginer and I was a dummieIgnored
Dislikedmoreover no trader have the least idea about the real meaning and the limits of the indicators they use I see that all the time with Centered Moving Averages !Ignored
Disliked{quote} Marcieny , Diamond it is a real interesting subject about human and trading psychology it is just the application of false common sense " the most information you have, the best decision you will take" the same guys will tell you some chapters later in his (expensive) book " too much information, kill or drown the information" but everybody do the same and save and add the information "just in case" moreover no trader have the least idea about the real meaning and the limits of the indicators they use I see that all the time with Centered...Ignored
Disliked{quote} Alain, in 1989 I was Chief Chemist for a multimillion dollar well funded research laboratory. I was given the task to do what was termed impossible by any sense of the word. Eventually, successful results were derived and it came from simplicity, and nothing more. It became a lesson I would never forget, I today see trading as the same situation, use simplicity and nothing more.Ignored
Disliked{quote} Diamond I fully agree ! Let's talk about Cycles a) you can just observe and count - sometimes with your hand or draw bars on a sheet of paper ! if you analyze the Bovespa chart hereunder , you can count 8 cycles for 17 equal squares - here 1 square = 9 months hence you can infer that on this chart the brazilian Bovespa shows an 18 months + cycle (17 / 8 = 2 +) b) to reassure you you can also invest your time and some money to understand the Fourier Transform applied to time series. The Fourier Transform extracts from the Time series...Ignored
Disliked{quote} Marcieny, it's a trap that anyone new can and will fall into. We've all done it. By and large, 99.999% of all indicators out there today are Lagging(meaning what just happened). In My Opinion, the past has nothing to do with the future. Look at all these guys following 50, 100 and 200 MA. That is the Perfect Road to Ruin. LOLOLOLOL Great way to set yourself up for disappointment.Ignored
Disliked{quote} Cycles, are another plain example of simplicity. Cycles repeat... most people just do not try to learn it's simplicity. Sadly, a lot of people refuse to invest in their own education. Again, this thread isn't for everybody, it's for those who want to make money. PIgnored