We are in Sale Zone .. looking for sale signal
http://www.forexfactory.com/attachme...1&d=1244707281
- #84
- Jun 13, 2009 1:06pm Jun 13, 2009 1:06pm
- | Joined Aug 2008 | Status: Trader | 1,210 Posts
Never sell @ lower upward channel unless breacked and vise versa .
hello haiderfsd;
thanx 4 giving such a nice lesson. am your new gann Grid fellow
would you like to give a lesson on the basic tool of the screen.as am not much familiar with this screen. plz give a breif lecture on the basic.
it will be much appriciated for me.
thanx 4 giving such a nice lesson. am your new gann Grid fellow
would you like to give a lesson on the basic tool of the screen.as am not much familiar with this screen. plz give a breif lecture on the basic.it will be much appriciated for me.
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.
And...
Ok, before going ahead with GG i will post some basics.
hello haiderfsd;
thanx 4 giving such a nice lesson. am your new gann Grid fellow
it will be much appriciated for me.
- #97
- Jun 29, 2009 10:12am Jun 29, 2009 10:12am
Please correct L-H Vally, it is called for buy Higher Low(H-L) and for sell Lower High(L-H). Remaining your concept is right.
Signal by GG .. before breacking Pink Line we have to get L-H Vally then we can go up with green arow.
http://www.forexfactory.com/attachme...1&d=1244652142
- #98
- Jul 18, 2009 11:25pm Jul 18, 2009 11:25pm
Been doing a back test and I have to say this looks very subjective indeed. How do you determine a peak and a valley? Could we possibly get a full size chart with only the necessary lines on it we need for the system so as to not be confusing. I just use Gann lines instead of the grid I take it that's OK?
Thanks
Thanks
Here is what I have folks please correct me if I got something wrong
5 min eur chart
Find the highest peak and apply Gann trendline with rise of -0024
Find the lowest valley and apply Gann trendline with rise of 0024
then
Now consider positive line breaks and it creates new valley, now we will move only positive line and will adjust on new valley and will not move negative line until price breaks negative line. And when negative line breaks and it creates 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.
Profit target last peak or valley????
5 min eur chart
Find the highest peak and apply Gann trendline with rise of -0024
Find the lowest valley and apply Gann trendline with rise of 0024
then
Now consider positive line breaks and it creates new valley, now we will move only positive line and will adjust on new valley and will not move negative line until price breaks negative line. And when negative line breaks and it creates 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.
Profit target last peak or valley????
- #100
- Jul 21, 2009 10:40pm Jul 21, 2009 10:40pm
yes, you are right but in this way you will find zone and for getting signal you will have to wait for Higher Low for buy and Lower High for sell.
Here is what I have folks please correct me if I got something wrong
5 min eur chart
Find the highest peak and apply Gann trendline with rise of -0024
Find the lowest valley and apply Gann trendline with rise of 0024
then
Now consider positive line breaks and it creates new valley, now we will move only positive line and will adjust on new valley and will not move negative line until price breaks negative line. And when negative line breaks and it creates new peak we will adjust negative line on new highest peak and will not move positive...