Category: Money tips Release Date: 2007-06-09
Time window to open this hole
To Fibonacci number as a time series to test the July 19 to August 18 this January, we can see: to it as time zero the few 3-month low point was 1695, 5 months is a 1586-point low of 1756 points for 13 months is a high point, 21-month high of 1300 points, a 34-month low point was 1025, 55 months is a 513-point low. There are 1558 points in 1993, resulting in 2 15, away for 90 months, but to see the 1558 point, the tape at a high level consolidation of the week, the official callback time is February 22, so this is a Top can also count to 89 months. It can be said that this is by far and the Fibonacci series, the most consistent tight one. In this time sequence, 13 to 89 months on the high and low points are all important to the top and bottom! Time window to open this hole. �/span>
Gann callback rule
Callback is the trend of prices in the main movement in a temporary reversal of movement. Callback theory is the Gann theory, an important part of the price. According to the concept of horizontal price, 50%, 75%, 100% as the callback location is the trend of price movements constitute a strong support or resistance.
For example: A stock price of 40 yuan from 20 yuan the highest point down to the lowest point of beginning reversal, the price band of space is 20 yuan to 40 yuan minus 20. This trend is 50% to 10 million, which will rise to 30 yuan a callback. And 30 yuan and 20 yuan with 50% of the price of 5 yuan to 25 yuan, when the callback and then continue to rise. Upward trend has been to 40 yuan and 20 yuan, 75%, or 35 yuan a further 50% retracement of the last up to 40 yuan to complete the pre-100% retracement of a bear market.
So, how to determine the peak and peak at the end of it? Gann that covered only several times a year can be an excellent deal, and this, to be seen in years as the unit prices of the map to determine the top and bottom of the year, before Urban On-line chart, weekly chart and daily charts.
Gann round round
Gann said that since the law of nature, there are alternating seasons, yin and yang of the primary and secondary points, then the stock market, there must also have short-term, medium-and long-term cycle and cycle loop, as described in the Bible, the "wheel within a wheel" .
Gann According to this theory, the design of the market cycle in the round of the wheel, will be on the market in the short, medium and long-term cycle and will be a unified description of the geometric angle Gann price and is also integrated. Therefore "round wheel" is the Gann summed up all the theories.
Round round of the production
Round round round will be 24 equal portions, to 0 degrees as a starting point, counter-clockwise rotation every 15 degrees increase in a unit, after 24 units to complete the first cycle, and so on, after the completion of 48 units in the second cycle .. ...., finally the completion of 360 housing units through the 15th cycle, that is, a large circle, the formation of Gann "round round."
Gann round wheel of time the number of cycles that the cycle is the price cycle, for example, time-cycle, the cycle of the week may be in hours, days, weeks, months, etc., for the price cycle, the cycle of units can be is the yuan or the exchange rate and so on.
