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GGG - Gann Grid Group Trading

  • #21
  • Jun 2, 2009 11:37am Jun 2, 2009 11:37am
Yes, in detail we will go in next lesson.
Quoting juhanimi
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?
  • #22
  • Jun 2, 2009 1:21pm Jun 2, 2009 1:21pm
Please note that scale of 10 is used when you have 5 decimal points for USD based pairs. For 4 decimal points use scale of 1. Initially we will be using scale of 10 (or 1 on 4 decimal platform) for all the time frames. This shows the angle of 45 degree. Once this concept is clear, we will move forward to different angles as well.
  • #23
  • Jun 2, 2009 11:55pm Jun 2, 2009 11:55pm
Yes, now it is clear. Thank you.
  • #24
  • Jun 3, 2009 3:33am Jun 3, 2009 3:33am
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)

Attachment



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

...

i am try to fallow what u teach.. i am sure i miss somthing..

want to ask if i make 10scale GGline this 10 related to angle so i have to keep the angle and not chang it.. but if i want to draw positive line on last vally and negative line at last high peak i see my automaticly want to chang angle in order to fix GGL as you mention.. so could u show me please how to draw them Positive and Negitve lines ?.
Never sell @ lower upward channel unless breacked and vise versa .
  • #25
  • Jun 3, 2009 4:38am Jun 3, 2009 4:38am
in lesson 2 i mentioned, how you can put negative and positive lines of Gann Grid, to find zone we will put one by one, not both. If still you are not clear soon i will upload some charts in detail. then you can understand better.

Quoting WedWed
i am try to fallow what u teach.. i am sure i miss somthing..

want to ask if i make 10scale GGline this 10 related to angle so i have to keep the angle and not chang it.. but if i want to draw positive line on last vally and negative line at last high peak i see my automaticly want to chang angle in order to fix GGL as you mention.. so could u show me please how to draw them Positive and Negitve lines ?.
  • #26
  • Jun 3, 2009 7:11am Jun 3, 2009 7:11am
Some one are facing problem with GG, so i decide to show some more charts for better understanding.
First of all i have to tell you that in early stage we will draw GG positive and negative separate, later i will tell you how we will draw both simultaneously.

See charts



chart 1

Attached Image


This chart shows that price break negative line which is on last highest peak and going in buy zone.

chart 2
Attached Image


This chart shows that after break of negative line(chart 1), we set positive line of GG at lowest Vally and here it breaks and going in sell zone.


chart 3
Attached Image


Now see in this chart care fully that after break positive line(chart 2) we set negative at highest peak and there is NO BREAK, now this is the point that there we are seeing more peak and Vally after this peak.
This is the key point that until price is not break this negative line, this peak will be the highest peak. We will not consider those peaks which are coming ahead until break. Until negative line will not break, it is Sell Zone.

When negative line will break then we will move GG to lowest Vally.

Same with positive line.......visevirsa.

Which i want to tell you that until any peak or Vally is not break that is Highest and lowest.



  • #27
  • Jun 4, 2009 8:44am Jun 4, 2009 8:44am
Quoting Pardy
Couldn't locate it on my mt4 - ODL.

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

Thanks
Pardy

Pardy,
you have to enable the Gann Grid by customizing the drawing tools as shown below:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gg2.PNG Size: 24 KB
Click to Enlarge Name: gg3.PNG Size: 23 KB
Attached Image
  • #28
  • Jun 4, 2009 8:49am Jun 4, 2009 8:49am
Quoting WedWed
i am try to fallow what u teach.. i am sure i miss somthing..

want to ask if i make 10scale GGline this 10 related to angle so i have to keep the angle and not chang it.. but if i want to draw positive line on last vally and negative line at last high peak i see my automaticly want to chang angle in order to fix GGL as you mention.. so could u show me please how to draw them Positive and Negitve lines ?.

Please note that scale of 10 is used when you have 5 decimal points for USD based pairs. For 4 decimal points use scale of 1. Initially we will be using scale of 10 (or 1 on 4 decimal platform) for all the time frames. This shows the angle of 45 degree. Once this concept is clear, we will move forward to different angles as well.

The angle might change if you change the resolution on price or time but scale 10 or 1 is used to keep the ration between price and time. In next lessons, we will learn how to use different scales on one time frame.

Thanks,
kar

http://www.forexfactory.com/images/buttons/quote.gif

  • #29
  • Jun 4, 2009 9:24am Jun 4, 2009 9:24am
hi brother Kar

good u r here.. i will post after minits chart to show u what is my problem
Never sell @ lower upward channel unless breacked and vise versa .
  • #30
  • Jun 4, 2009 9:47am Jun 4, 2009 9:47am
this first chart .. i want to know am i do it will.. and my quastion about HOW LONG I HAVE DRAG GG TOOL to make our lines.

thish chart i drag GG tool from distance A to B and got that result in case 2 i drag GG tool longer than case 1.

which one is right ??
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6-4-2009 5-43-14 PM.png Size: 44 KB
Click to Enlarge Name: 6-4-2009 5-30-12 PM.png Size: 50 KB
Never sell @ lower upward channel unless breacked and vise versa .
  • #31
  • Jun 4, 2009 9:51am Jun 4, 2009 9:51am
i mean we have diffrent shapes if i drag GGtool long or short..

how long should we move GG tool to draw our line??
Never sell @ lower upward channel unless breacked and vise versa .
  • #32
  • Jun 4, 2009 10:05am Jun 4, 2009 10:05am
Quoting WedWed
this first chart .. i want to know am i do it will.. and my quastion about HOW LONG I HAVE DRAG GG TOOL to make our lines.

thish chart i drag GG tool from distance A to B and got that result in case 2 i drag GG tool longer than case 1.

which one is right ??
It does not matter how long you draw the GG line, We are mainly concern about the slop of these lines. For now i would suggest to draw GG long enough that you see only one or two positive and negative lines. Buy even if you draw smaller length with many GG blocks in it. It is also right it will just confuse you more. So the answer to your question is that we are not conern with the length rather only the slope of two lines.
Thanks,
  • #33
  • Jun 4, 2009 10:15am Jun 4, 2009 10:15am
In this session we will learn, set GG on both vally and peak.

Now draw GG and adjust negative line on last highest peak and positive line on last lowest vally.

Now consider positive line breaks and it creates new vally, now we will move only positive line and will adjust on new vally and will not move negative line untill price breaks negative line. And when negative line breaks and it creats new peak we will adjust negative line on new highest peak and will not move positive line angle.
In this way at the same time both lines will be adjust to see the break.
  • #34
  • Jun 4, 2009 10:41am Jun 4, 2009 10:41am
Quoting WedWed
i am try to fallow what u teach.. i am sure i miss somthing..

want to ask if i make 10scale GGline this 10 related to angle so i have to keep the angle and not chang it.. but if i want to draw positive line on last vally and negative line at last high peak i see my automaticly want to chang angle in order to fix GGL as you mention.. so could u show me please how to draw them Positive and Negitve lines ?.

For positive drow from low to hight and set 10
For negative drow from hight to low and set -10
  • #35
  • Jun 4, 2009 10:55am Jun 4, 2009 10:55am
Quoting kar
It does not matter how long you draw the GG line, We are mainly concern about the slop of these lines. For now i would suggest to draw GG long enough that you see only one or two positive and negative lines. Buy even if you draw smaller length with many GG blocks in it. It is also right it will just confuse you more. So the answer to your question is that we are not conern with the length rather only the slope of two lines.
Thanks,

thanx brother .. that is mean we need only positive lines +45 degree and negitive lines -45 degree. we dont concern about the blocks shaps we concern only about LINE.
Never sell @ lower upward channel unless breacked and vise versa .
  • #36
  • Jun 4, 2009 11:34am Jun 4, 2009 11:34am
Personally i care to drow correct from one H to L/H for negative and from lower to H/L for positive for have correct box size for use them not only for found key entry levels but also take profit area.
I have good performance but maibe im wrong and is only luck
  • #37
  • Jun 4, 2009 11:54am Jun 4, 2009 11:54am

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Attached Image (click to enlarge)
Click to Enlarge Name: less4-7.JPG Size: 51 KB


  • #38
  • Jun 4, 2009 11:55am Jun 4, 2009 11:55am
i pelive one image worth many words..

i want to make this method very simple and clear by chart for all visitor this thread..

this what i understood up to now.. is that RIGHT ?? if no please tell me.
Attached Image (click to enlarge)
Click to Enlarge Name: 6-4-2009 7-44-54 PM.png Size: 51 KB
Never sell @ lower upward channel unless breacked and vise versa .
  • #39
  • Jun 4, 2009 11:57am Jun 4, 2009 11:57am

Attached Image (click to enlarge)
Click to Enlarge Name: less4-8.JPG Size: 54 KB

  • #40
  • Jun 4, 2009 11:59am Jun 4, 2009 11:59am
Quoting WedWed
i pelive one image worth many words..

i want to make this method very simple and clear by chart for all visitor this thread..

this what i understood up to now.. is that RIGHT ?? if no please tell me.
See deeply Exercise lesson 4
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