Gann Analysis

Hoping someone can answer this question for me...

In Gilmore's book Geometry of Markets it says that a solar eclipse date is one of the most important to watch because they fall in regular cycles on the square of 89.

How does square of 89 compare with Gann's square of 90?

I like to draw Gann fans by hand for practice and observation

Here's a daily chart of EUR/USD with 1x1, 1x2, 1x4, 1x8 angles from some swing high and low points (close prices)

When scaling to 10pips per 1 day, these correspond to angles of 45*, 22.5*, 11.25* and 5.625*

(disclaimer: The space into the "future", i.e. left of current candle becomes skewed in MT4, all angle lines of the same type should be parallel)




I remember seeing charts like this and being utterly confused at all the lines.

I've tried to color code everything for easier viewing

chronologically,

yellow = outlook from high of 1.5992 on April 22, 2008
green = outlook from low of 1.24294 on October 27, 2008
pink = outlook from high of 1.51117 on November 25, 2009
blue = outlook from low of 1.18958 on June 6, 2010
red = outlook from high of 1.48640 on May 4, 2011
light blue = outlook from low of 1.26436 on Janurary 15, 2012

by trend,

"warm" colors are bearish outlooks from tops
"cool" colors are bullish outlooks from bottoms


http://i1264.photobucket.com/albums/...Untitled-1.jpg

eur/usd and gbp/usd H4

eur/usd and gbp/usd H4

NICE

ireallydontknowman



and what do you think about it?

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thank you for your support

see you

The results of the last week.


For the next week

Have you ever heard of "KISS"?

It means Keep It Simple Stupid

Here an example of how you can keep things
Simple with use of GannHiLo

But I'm long on legs for the coming week
Definitely

Happy Easter

And don't drink too much HiK

Hello, all. Several times I've written and I'll write it again. For me there is no simple way to analyze than the analysis by fans of Gann. Yes, there are many lines that are crossed and your eyes are obscured by them. But there is only one rule for analysis.
"Rule of All Angles: Another important guideline is what Gann called the Rule of All Angles. When a market breaks an angle, it will move toward the next angle. This is because as time passes, an angle’s importance weakens and the market eventually breaks through. Therefore a market breaking the 2 x 1 angle will begin to move toward the 1 x 1 angle; just as a market breaking the 1 x 1 angle will eventually reach the 1 x 2 angle. Conversely, in an up move, an angle that holds the 1 x 2 angle is likely to rally to the 1 x 1, just as overtaking the 1 x 1 is likely to lead to a rally to the 2 x 1."
http://patternpricetime.com/glossary...of-all-angles/
When your eyes begin to see "what you need" analysis is in simple assertions like "while the price is above / below the angle xxx, the normal movement is at angle yyy".
Some time ago I did an analysis of the kiwi. Here is his chart now.

What analysis can we do now?
The first statement is: While the price is below 1x1 angle, the normal movement is at angle 1x2.

The second assertion: While the price is below the 1x4 angle, the normal movement is down to 1x5 angle.

Third assertion: If the price went up above the 1x4 angle, the normal movement is up to 1x3 angle.

The fourth assertion: While the price is above the 1x4 angle, the normal movement is up to 1x5 angle.

The fifth assertion: If the price move below the 1x4 angle, the normal movement is down to 1x3 angle.

Now we are left only to monitor the price movement. And all these angles are represented support or resistance.
In the euro / dollar I drew more fans. Levels of some angles on Monday and Friday I marked on the chart. Some are more important for price movements, others not so. But these are the levels of support and resistance for the next week.

Happy Easter, KillerWhale
I am from Eastern Orthodox country. For us this year Easter is next Sunday.

http://en.wikipedia.org/wiki/Easter#Date

eur/usd and gbp/usd H4