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GGG - Gann Grid Group Trading

  • #1
  • First Post: Edited May 27, 2009 7:44pm May 26, 2009 10:11pm | Edited May 27, 2009 7:44pm
This thread will be preliminary used by our group of private traders mainly following the Gan Grid. They will be posting their strategies, entry and exit indications and will share their success or failure on regular basis. This thread is open to any one who want to get insight what our group is doing.


Good luck with your trading and always trade at your own risk.
  • #2
  • Edited 2:48am May 27, 2009 2:35am | Edited 2:48am
Soon we are starting GG lessons in detail, to know either market is in Buying Zone or in Selling Zone.

C U Soon.

Good Luck
  • #3
  • Edited 5:09am May 29, 2009 3:29am | Edited 5:09am
Gann Grid is the best tool to find buy and sell signals.

With GG to find signal, first we have to learn Zone.
In forex there are mainly two Zone
1: Buy Zone area
2: Sell Zone area

It is strongly recommended that before starting you trade first of all you have to find either price is in Buy Zone or in Sell zone. Mostly people do not get profit in forex trade and mostly go in loss. The main reason they analysis many other things with different indicators without knowing Zone.
Like as some traders wait for break,pull back etc but mostly break false and pullback falls in reversal. Now what i want to say, if you know that price is in which zone and then you follow other strategies then you will see that 80% your trade will be successful.

Stop Loss is one more biggest benefit of zone trading.
You will say how?
yes, it is true mostly traders do not know, where have to put stop loss. With Zone it is so simple to find, where you have to put stop loss . Now you know there are two zone Buy Zone And Sell Zone. It is clear that when price is in sell Zone you have to find selling signals and when price is in buy Zone then you have to find buying signals. Now when you are going to execute trade in current zone which you figured out then you can put your stop Loss at that price where other zone is starting (with difference of some pips normally (5* spread))which will be vary with time.

In next lesson we will find Zone.
  • #4
  • May 29, 2009 8:38pm May 29, 2009 8:38pm
Can you please post the charts and explain the lesson 1 in details.
  • #5
  • May 30, 2009 5:59am May 30, 2009 5:59am
Quoting haiderfsd
Gann Grid is the best tool to find buy and sell signals.

With GG to find signal, first we have to learn Zone.
In forex there are mainly two Zone
1: Buy Zone area
2: Sell Zone area

It is strongly recommended that before starting you trade first of all you have to find either price is in Buy Zone or in Sell zone. Mostly people do not get profit in forex trade and mostly go in loss. The main reason they analysis many other things with different indicators without knowing Zone.
Like as some traders wait for break,pull back etc but mostly break...
Salam Brother ... thanx for clear information ...
please continue .. i cant wait ... it seem very useful info.
Never sell @ lower upward channel unless breacked and vise versa .
  • #6
  • Jun 1, 2009 3:52pm Jun 1, 2009 3:52pm
Quoting kar
Can you please post the charts and explain the lesson 1 in details.
Sounded interesting.......
  • #7
  • Jun 1, 2009 8:44pm Jun 1, 2009 8:44pm
In this session we find, how to get Zone.
First of all draw Gann Grid on chart and go in Gann Grid properties and set Scale=10. First of all i have to tell that in GG there are two type's of lines.
1: Positive (Low to High)
2: Negative (High to Low)

Attached Image


As showing in picture which one is positive and negative. Now set positive line on last vally and see when price will break this positive line. Where you will see positive line will break, there sell zone will start.

Attached Image


And after this set you negative line at last high peak and when price will break negative line there buy zone will start.

Attached Image


In next lesson we will learn, how to get signal after finding Zone.......

  • #8
  • Jun 2, 2009 2:51am Jun 2, 2009 2:51am
Today market move in sale zone because yesterday it has move very rapidly in buy zone.

Due to financial crises in Japan euro is being to stuck against British Ponds.

They moved parallel in last three days.Now their prices have gone to very high level.

No movement will be shown in buy zone.





Quoting haiderfsd
In this session we find, how to get Zone.
First of all draw Gann Grid on chart and go in Gann Grid properties and set Scale=10. First of all i have to tell that in GG there are two type's of lines.
1: Positive (Low to High)
2: Negative (High to Low)

[center]Attachment

[left]As showing in picture which one is positive and negative. Now set positive line on last vally and see when price will break this positive line. Where you will see positive line will break, there sell zone will start.

Attachment


And...
  • #9
  • Jun 2, 2009 3:21am Jun 2, 2009 3:21am
Yes EUR/USD and GBP/JPyn moved so much but if you see will draw GG in H1 chart as i described in lesson#2 you will still market is in buy Zone.
And in small time frames like as M5 or M15 it is in sell zone.
  • #10
  • Jun 2, 2009 7:05am Jun 2, 2009 7:05am
Thanks Haider,

Could you post your Gann Grid indicator to draw the lines, so we can follow your lessons. Many thanks, seems good.

Regards
Pardy
  • #11
  • Jun 2, 2009 7:34am Jun 2, 2009 7:34am
Sure, soon i will post.

Quoting Pardy
Thanks Haider,

Could you post your Gann Grid indicator to draw the lines, so we can follow your lessons. Many thanks, seems good.

Regards
Pardy
  • #12
  • Jun 2, 2009 7:46am Jun 2, 2009 7:46am
hi haiderfsd .. i am happy with lesson 2 its really clear and useful.

waiting indicator to countinue with you all what u teach.

i suggest to present picture biger than previous.

thanx too much
Never sell @ lower upward channel unless breacked and vise versa .
  • #13
  • Jun 2, 2009 7:50am Jun 2, 2009 7:50am
Quoting Pardy
Thanks Haider,

Could you post your Gann Grid indicator to draw the lines, so we can follow your lessons. Many thanks, seems good.

Regards
Pardy

On mt4 platform we already have gann grid.
haiderfsd can you tell me if is corret this set up for eur/usd to day?
And where you set stoploss and take profit?
Thank you for start this interesting thread..
  • #14
  • Jun 2, 2009 7:59am Jun 2, 2009 7:59am
chart
Attached Image (click to enlarge)
Click to Enlarge Name: gann.jpg Size: 160 KB
  • #15
  • Jun 2, 2009 8:24am Jun 2, 2009 8:24am
Quoting chrys
chart
Couldn't locate it on my mt4 - ODL.

Haider/Chris, be grateful if you could post it pls.

Thanks
Pardy
  • #16
  • Jun 2, 2009 8:26am Jun 2, 2009 8:26am
Now we are going to get signals. I think there is not any confusion about finding Zone. One thing which is very important that zone is only to know that where is market either in buy zone or sell zone. Mean we will not execute trade after getting zone. We will wait till getting signal. which is i am going to tell you how we will get signal after zone. One thing more in buy zone never execute sell trade and in sell zone never execute buy trade.

Now you know that in buy zone sell trade can crash your account and in sell zone buy trade can crash your account. Some time some traders make a mistake that price is in sell zone and they think that may be now it will go in buy zone and they execute buy trade which is a big mistake. May be some time they get profit but it is not safe way.

To get signals by GG after getting zone, now first we have to learn what is
Lower-High(L-H) and what is Higher_Low(H-L).

1: Lower-High(L-H)
Current peak price is lower than last peak price.


Attached Image


2: Higher-Low(H_L)
Current Vally price is higher than last Vally price.

Attached Image


In next lesson we will get signal with combination of Gann Grid , L-H and H-L.........
  • #17
  • Jun 2, 2009 8:32am Jun 2, 2009 8:32am
In MT4 platform Gann Grid is available and you can draw GG from there.
  • #18
  • Jun 2, 2009 8:39am Jun 2, 2009 8:39am
Quoting chrys
On mt4 platform we already have gann grid.
haiderfsd can you tell me if is corret this set up for eur/usd to day?
And where you set stoploss and take profit?
Thank you for start this interesting thread..
If you are using H1 then still market is in Buy zone and for short term trade you have to use M5 and can see when market was gone in sell zone and at that time could set negative line on last High peak and could set Stop loss.
But remember as i described first that your stop loss will move according the slop of the negative line as new M5 bars will be created.
  • #19
  • Jun 2, 2009 8:49am Jun 2, 2009 8:49am
You can find there

Attached Image



Quoting Pardy
Couldn't locate it on my mt4 - ODL.

Haider/Chris, be grateful if you could post it pls.

Thanks
Pardy
  • #20
  • Jun 2, 2009 10:32am Jun 2, 2009 10:32am
Quoting haiderfsd
First of all draw Gann Grid on chart and go in Gann Grid properties and set Scale=10.

Thank you about this thread.

Is this Scale=10, in every timeframe?
Do you use only Gann Grid or do you have other indicators to confirm to make a trade?
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