Category: Money tips Release Date: 2007-03-02
Gann practical method
Gann techniques suitable for a variety of real investment in time scales of the charts, including the 5 minutes chart, daily charts, weekly charts, monthly and annual line graph line graph.
After observation of a large number of charts, we can see the existence of the following Gann Law:
A price significantly in the 50% retracement of reversal;
2 If the price through the 50% retracement of prices, the next callback will appear in the 63% level;
3 If the price through the 63% retracement of prices, the next callback will appear in 75% of the price;
4 If the price through the 75% retracement of prices, the next callback will appear in the 100% price;
5 support and resistance may also appear in 50%, 63%, 75% and 100% retracement level of the price recurring.
6 times the price rise or fall may be a breakthrough price of 100% retracement.
Gann Line
Gann line is the Gann theory, the relationship between price and time.
Gann theory, the most important concept is the Gann line and the price movement relationship.
Gann Line X-axis set-up time, in the Y axis to establish prices, Gann lines symbol is "TxP", T for time, P for price.
From the map in all significant end-point vertices and draw Gann lines, they cross each other to form the relationship between the Gann Line. They are not only able to determine the price when it will reverse, but can also indicate to what kind of anti-price, constitutes a wonderful time and the price of harmony.
Gann Line from the definition of time units and the price unit price movement, and each Gann Line from the relationship between time and price determined. From all vertices and end points clearly draw Gann lines cross each other to form the relationship between the Gann Line. Not only are they able to determine when prices will reverse, and can point to what the anti-price.
Gann line, the basic ratio of 1:1, that is, per unit of time, the price of running one unit. In addition, there are 1 / 8, 2 / 8, 1 / 3, 3 / 8, 4 / 8, 5 / 8, 2 / 3, 6 / 8, 7 / 8 and so on. Gann lines each has its corresponding geometric angle.
Gann square spiral
Gann, "round wheel" Another manifestation is the Gann square spiral. Gann square spiral is to cycle in a week eight equal portions, while the four-square on the diagonal cross lines and the price is likely to occur, an important turning point in price.
Gann square spiral drawing method is:
Observe the price history of a trend to choose from a historic high or low as the Gann square spiral center;
2 to determine the price increase or decrease the price of units;
3 step by step counterclockwise start.
By Gann theory, we can calculate the square of the centerline and diagonal on the price of price movements may be a significant support or resistance.
Gann square spiral with a more accurate reason for the forecast function is because it started with the gold lines are similar to the Miao. The difference is that gold is based on the number of start-line series expansion, followed by a 1.618-fold of the previous one, while the Gann square spiral series expansion is based on the arithmetic for the arithmetic series.
Gann said:
If a diagonal of a price rise as a starting point, it may be the price at the end of the secondary side;
2 If a decline in price as a starting point on the diagonal, it may be concluded at the square root of the price.
Gann square spiral Gann cycle theory is an important part, and only over a long period of time before an accurate grasp.
