Gann Analysis

thanks godim, I understand your charts much better now.

The reason I am in this thread and watching you guys is because I use trend lines my self, and especially inner trend lines that in a way they act like gann lines.

I am just amazed what people use for trading when a few lines puts trading almost in a game of a 5 year old child.

Every method has its powers, but somethimes the simplest method is overlooked, cause…its just too simple. But that is only my opinion.

thank you for providing new insight to the game

You misunderstood me. I was just making a fun comparison with wedges and triangles etc but I wont get into details on that one, you clearly didn't understand the point.

The second thing is, the success rate of any system, let it be Gann, Murray lines etc… There are some crucial elements of every system that every experience trader needs to validate a trading system. And in this thread there is none. How good is a system? Will I know the answer by looking at charts in this thread? No I wont.

Of course you can question the terminology of "experience trader".

I am looking and still searching for a system that is … operated by very profitable traders, and not because of the tools they are using, but I think because they think differently. Because people are different. Some need 5, 10 or 15 years to be profitable. And I am asking why. And not because this business is hard. Because people are different. And everything has a reason behind it. If you will listen only to how hard it is, and how few people survive after years of agony you will easily burn this into your subconscious.

Besides the learning process and understanding the market you have to go deeper and search for more profound activities in trading world. Or financial world for this matter. Look for individuality in this field. Look at every person you talk to, look for their personality, wishes, desire and put his trading performance into perspective. You will be deeply surprise what you will find out. But how many people will do that? Not many I believe. Because people are different. Because people usually don't take time to truly evaluate other human beings.

We see it as visual or mathematical, astronomical or planetary, technical or algorithmic etc.. But in the end its about you and your own intelligence.

See the quote in my signature. All we want to do to get. In fact, the right choice is to be. Then we are going to do and then should have.

I mean that: not successful systems make successful traders, but successful traders make any system profitable.

I agree, the issue is "the right choice".

Thank you for your replay, it shows your character and I like it.

For the next week.
eur/usd H4

For the next week.
gbp/usd H4

gbp/usd
more distant view

eur/usd H4

gbp/usd H4

gannmasterforex.blogspot.ro

Started a new UpSwing on H1 chart. It is possible to look for a long position on the level of Lo (6815 now). Stop below the bottom 6812.

gbp/usd H4

breaking up of Regresion Channel?

the conversation with Gator through the eyes of the channels of the M15 chart.


Gator is "A-team". We can only learn...

H1 channels

eur/usd H4

gbp/usd H4

New DownSwing on H1 chart. Close long positions. Search for short. From the level of Hi -> 6869. Stop over the top 6871.

gannmasterforex.blogspot.ro

eur/usd H4

support?



3376 and 3373 3 min left

gbp/usd H1


Here things get more complicated. For several hours I rest.

gbp/usd H4