Analysis and Trading based on Envelopes, Waves, Cycles
- #9,108
- Oct 20, 2022 2:38am Oct 20, 2022 2:38am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
Hi Parisboy. I am studying and learning the theory that you posted. I am able to follow 50% of your thread. Something I don't understand is 1) the entry point of your trade. I found that at some point, you entered the trade late and some are earlier. Could you explain how to determine the entry? and also your SL / TP point. 2)used Gann in Tradingview, but the angle changes once i zoom in / out. So i could not manage to get the same thing on your chart. Thank you very much
Hi Diablodemon
welcome here.
On TradingView as on most if not all platforms it is not possible to have the right 1x1 scaling for every chart because they are built for that and because the programmers do not really understand the why of the Gann methodology.
Then we have to do with what is possible. To have a "stable " Gann 1x1 scaling you have to use a more stable Timeframe as 1 Hour, 4 hour or Daily.
You need also to study step by step the paper of Gann on Angles. And to do it manually. Manually , because this way you will leaarn more efficiently how it works, the limitations of the methodology etc
As for entries I am not always before my screen then I enter when I can
Late entries can a consequence ofconfirmation of the validity of a scenario (up or down)As for Stop Losses I position them
under the last turn (Top or Bottom) of the swing I trade
at the the level of a previous Focal Point
- #9,110
- Oct 20, 2022 11:25am Oct 20, 2022 11:25am
- Joined Oct 2017 | Status: Trader | 12,472 Posts
{quote} Thanks.A lot of information and i am trying to keep up. 1) Could you explain again how you determine the entry? 2) Also, I try to practice your way . however, I could not get the same pictures with your setting. You can see the pictures. 3) How would you use MA to add confluence to determine the direction? Thank you. Paris boy.
- #9,111
- Oct 20, 2022 12:15pm Oct 20, 2022 12:15pm
- Joined Oct 2017 | Status: Trader | 12,472 Posts
GBPUSD 1 mn
opened Short position 
opened Short position
