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  • #11,341
  • Jan 28, 2025 6:10am Jan 28, 2025 6:10am
in the end, what is most important is that I can discern/ identlfy that GU
gets a confirmed reading of a higher low on H4 for a swing for a few hundred pips
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  • #11,342
  • Jan 28, 2025 7:14am Jan 28, 2025 7:14am
Quoting kevin1959
{quote} Hi Kwt4x Thank you for your charts. I am going to have to read up on W.D Gann, and study some of your previous charts to get a grip on this style of trading. Kind regards Kev
Hi Kev,

Fibonacci and GANN are measuring methods, to organize price action and keep up with it's history(past/present/future).
both need a learning curve.

GANN has many methods and each has it's own set of rules. if measuring is not your style or you care less about price history, I don't advice you to waste years learning something not in your interest.

you still need to understand price action with/without measuring.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #11,343
  • Jan 28, 2025 8:22am Jan 28, 2025 8:22am
Attached File(s)
File Type: pdf HIGHER TIMEFRAME MASTERY- SILKYFX_250105_120542.pdf   734 KB | 1,189 downloads
  • #11,344
  • Jan 28, 2025 8:25am Jan 28, 2025 8:25am
possibly the 123 area for GU because of FOMC tomorrow and the crazy PA.
  • #11,345
  • Jan 28, 2025 8:48am Jan 28, 2025 8:48am
Quoting T721
{image}
I request an audio book version of this to listen to at work.
Wait maybe I could copy and paste it into chatgpt and tell it to read it to me ASMR style. Or maybe drunken Irish man. Or maybe Samuel L Jackson.
Trying to learn how to learn how to teach a robot how to learn
  • #11,346
  • Jan 28, 2025 8:57am Jan 28, 2025 8:57am
Quoting Webb1003
{quote} I request an audio book version of this to listen to at work. Wait maybe I could copy and paste it into chatgpt and tell it to read it to me ASMR style. Or maybe drunken Irish man. Or maybe Samuel L Jackson.
  • #11,347
  • Edited 7:48pm Jan 29, 2025 12:56am | Edited 7:48pm
OT is correct fixed measurements can be trusted
I learnt how to use fibonacci and some harmonics, butterfly and gartley also AB=CD
the ratios are important
but GANN has a rule that a measurement needs a fixed starting point.
I will have to adapt what I have learnt with fibonacci and harmonics to keep the rule
of a fixed starting point.
usually using a month period measurement as a guide chart and a week period measurement as a trading chart
you can measure any time period as long as it it closed, meaning the week has closed or the day has closed, its finished, completed
then it can be measured , while it is still open it can not be measured.
whether i use GANN numbers or fibonacci numbers for the measurements , it is not so important.
The important thing is that the measurement has a fixed starting point , that is a GANN rule.
here is gold H4 with a monthly fixed period fibonacci measurement
there is a head and shoulders and PA hit the 1.27
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  • #11,348
  • Jan 29, 2025 2:00am Jan 29, 2025 2:00am
Quoting ianlikesgolf
السلام عليكم ورحمة الله OT is correct fixed measurements can be trusted I learnt how to use fibonacci and some harmonics, butterfly and gartley also AB=CD the ratios are important but GANN has a rule that a measurement needs a fixed starting point. I will have to adapt what I have learnt with fibonacci and harmonics to keep the rule of a fixed starting point. usually using a month period measurement as a guide chart and a week...
you can't mix and match methods, the rules are not the same.

the word "fixed" in fib and GANN apply to the results not the measurement, the measurement has rules, start/end, high/low, level %'s of price/time/angles.

if you use GANN, you should stick with everything GANN so you don't lose the harmony(price/time/angle) in the result, same goes for Fibonacci.

other methods mentioned are not measurement methods, they are analysis using patterns and continuous %'s measuring for waves, nothing fixed in them and nothing FACT about them, also guessing/argumentative between traders.

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"the public is not yet ready for it" W.D. GANN
  • #11,349
  • Jan 29, 2025 2:18am Jan 29, 2025 2:18am
"Fixed" can also apply to dynamic time-based period levels, no traders can argue when TIME is involved cause they have no say in it.

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"the public is not yet ready for it" W.D. GANN
  • #11,350
  • Edited 3:37am Jan 29, 2025 2:36am | Edited 3:37am
Ranging between 1.0400 and 1.0458.

Possible scenarios on 4 hours.
-------------------------------------------

Sharing a quick summary from todays fundamental analysis from: source


The FOMC meeting is not expected to significantly impact markets, with no rate cuts anticipated until June due to a lack of substantial economic weakness or inflation reduction. The risk of a dovish shift in market expectations is more likely from tech sector instability than from changes in Fed policy. Despite recent lower inflation, a robust job market suggests Fed Chair Powell will remain cautious, with markets currently pricing in only 50bps of rate cuts by year-end. Discussions might include tech stock volatility and the Fed's independence from political pressures, but no policy change is expected. If tech stocks remain calm and the Fed holds its cautious stance, the dollar might strengthen due to tariff risks.

The euro's value is heavily swayed by U.S. dynamics, particularly tech developments and tariff threats. Neither a cautious Fed nor an expected dovish ECB is likely to boost EUR/USD significantly. A 2% risk premium on EUR/USD reflects ongoing tariff concerns, suggesting no substantial recovery. EUR/USD is expected to hover around current levels, with a higher likelihood of falling below 1.040 than rising above 1.050 by week's end.

I hope you like it!
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Looking for profitable short term trades ...|
  • #11,351
  • Jan 29, 2025 3:31am Jan 29, 2025 3:31am
GJ monthly
gold monthly
GU yearly
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  • #11,352
  • Edited 7:47pm Jan 29, 2025 4:09am | Edited 7:47pm
GU monthly
making mistakes is a part of learning.
H4 no time lines included.
An example of one of the future applications of Gann is
the expiring period is measured to determine future price levels, future time intervals and future angle levels
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  • #11,353
  • Jan 29, 2025 5:25am Jan 29, 2025 5:25am
USDCAD is a couple of hundred pips off the Triple top previous mentioned - see how it reacts when price gets closer

With Gann and Fib - It doesn't matter which you use as a retracement - you'll not be able to say with certainty which level will hold

Same with time

You're FORCED to view price action on a 2 dimensional chart - price and time aren't moving in 2 dimensions, which is why we can't pinpoint retracements or time exactly

Gann created a load of different sized plastic overlays such as the sq of 12, 52 etc which were geometrically split, in a bid to "see" the fourth dimension

Just keep things logical and simple - you'll never be able to predict retracement levels exactly or often enough, so using Fib or Gann based levels doesn't really matter - Fib traders will use 50%, which isn't even a fib level, but they use it because it is the average of reversals - Gann called it the Gravity centre and balance point
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  • #11,354
  • Jan 29, 2025 5:34am Jan 29, 2025 5:34am
Quoting Kwt4x
{quote} Hi Kev, Fibonacci and GANN are measuring methods, to organize price action and keep up with it's history(past/present/future). both need a learning curve. GANN has many methods and each has it's own set of rules. if measuring is not your style or you care less about price history, I don't advice you to waste years learning something not in your interest. you still need to understand price action with/without measuring. cheers,
Hi Kwtx
Thank you for your reply, and your advice.
I'm pleased not to go down the Gann route, although a very clever man, I have a lot more problems with trading than trying to align the planets up lol.
Kind regards
Kev
  • #11,355
  • Jan 29, 2025 7:33am Jan 29, 2025 7:33am
Quoting kevin1959
{quote} Hi Kwtx Thank you for your reply, and your advice. I'm pleased not to go down the Gann route, although a very clever man, I have a lot more problems with trading than trying to align the planets up lol. Kind regards Kev
Hi Kev,

actually, most of GANN books are about Math, Geometry, calculators . few are about planets, and one novel.

you should not have problems trading, just take a step back and start reading the market without trading, then sync your trading with your reading.
using time-based SMA's or BB's can solve a lot, just by knowing direction.

if daytrading is fast and lot of signals for your taste, try swingtrading, it's slower and less signals but bigger waves.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #11,356
  • Jan 29, 2025 9:27am Jan 29, 2025 9:27am
Quoting Kwt4x
{quote} Hi Kev, actually, most of GANN books are about Math, Geometry, calculators . few are about planets, and one novel. you should not have problems trading, just take a step back and start reading the market without trading, then sync your trading with your reading. using time-based SMA's or BB's can solve a lot, just by knowing direction. if daytrading is fast and lot of signals for your taste, try swingtrading, it's slower and less signals but bigger waves. cheers,
Hi Kwt4x.
Thank you for your reply.
Without taking up too much of your time, can you elaborate and what you call time based please.
Kind regards
Kev
  • #11,357
  • Edited 11:36am Jan 29, 2025 11:25am | Edited 11:36am
Quoting kevin1959
{quote} Hi Kwt4x. Thank you for your reply. Without taking up too much of your time, can you elaborate and what you call time based please. Kind regards Kev
Hi Kev,

let's make an example of GU, M30, BollingerBands(BB)

most traders using BB but never agree on setting, some will use default of 20, some will use common numbers 50,100,200 ... and so on.
so, they use same pair, same TF, same indi, but see different path and range, the smaller the BB setting the faster the change of direction, and the bigger the slower.

but if we all agree to use the same TIME period (for example a Day period), the setting would be simple, TIME=number of M30 bars in a Day=48
then all traders will see this with no argument

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TIME=number of TF bars in a period

this apply on any TF and any period, just make sure it fit your trading style (you can't scalp on H4 or swing on M5)

hope it make sense, or ask more if you need to

cheers,
"the public is not yet ready for it" W.D. GANN
  • #11,358
  • Jan 29, 2025 11:35am Jan 29, 2025 11:35am
another example of using 2 major TIME periods in the same TF
GU, M30, Day BB 48 (white) Week BB 240 (blue)(week=48*5=240)

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"the public is not yet ready for it" W.D. GANN
  • #11,359
  • Jan 30, 2025 4:53am Jan 30, 2025 4:53am
Quoting Kwt4x
another example of using 2 major TIME periods in the same TF GU, M30, Day BB 48 (white) Week BB 240 (blue)(week=48*5=240) {image}
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  • #11,360
  • Jan 30, 2025 5:09am Jan 30, 2025 5:09am
Quoting Js3mwtRc
Ranging between 1.0400 and 1.0458. Possible scenarios on 4 hours. ------------------------------------------- Sharing a quick summary from todays fundamental analysis from: source The FOMC meeting is not expected to significantly impact markets, with no rate cuts anticipated until June due to a lack of substantial economic weakness or inflation reduction. The risk of a dovish shift in market expectations is more likely from tech sector instability than from changes...
Looks like is continuing its yesterday break below 1.0400 after some noise from FOMC.
Looking for profitable short term trades ...|
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