I draw the line right here
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Fundamentals do not work when the public is deceived by the media. Charts can reveal the truth.
Thursday, July 2, 2009
Gann Fan
I've been experimenting with Gann Theory, and I would really appreciate some help finding a Blog that uses Gann.
The chart above was initiated back on June 17 and I think that the Gann Fan lines possibly have merit. If any one has any info about a Blog that uses Gann Theory I would really appreciate some help.
Don't get me wrong I'm a dyed in the wool Elliottitian, but I am open to finding other tools that work. Andrews' Pitchfork is high on my list of spectacular tools.
I'm still not sure this is something that can be expected but check it out. The crossing of the center lines of two pitchforks seem to be where the price also crosses. So far it’s 2 for 2. I'm going to be watching this phenomenon to see what percent of likelihood there is to this.
Analysis presented on this blog has only informational and educational purpose and does not represent a proposal for buying or selling currency contracts.
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ReplyDeletehere is a good site that seems to use it's own form of gann...
Thanks for the link. I'll make an effort to understand his methods.
ReplyDeleteDo you read his reports?
i have been reading most of the time for about 4 years and find this insight very helpful to support my on work which is primarily cycles along with standard technical analysis....
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