GANN THEORY UPDATE Strategy for NASDAQ: CGC By Mnbrass549
this image shows the BULL vs BEAR POWER showing us the trend so that we know in which direction we should be pointing it outward towards “Draft”.
on the basis of the Trend Direction on the Daily we alert on the 70 30 lines of the. and the 2 GANN-Fib lines are usually lines 0.618 and 0.75. (yes I rename my ALERTS to 70 30 and FIB ALERT) an easy tooltip to reference yourself, you already know what you are looking at when you set something on the crossover. I want to be sure I’m looking at the right thing when I get to the graph. “focus” type strategy.
example of one of my favorite trades to take with GANN – it’s a RISK (that means if it goes the other way around you only lose a small fraction of the profit.) But if it happens well as in the example, this can give a risk / reward ratio of 28. The second trade which uses the MTF_RSI, MTF support resistance and BULL vs Bear power in sync.
it’s on a 5min graph sorry for the resolution … but explaining the harmonious sympathy that these indicators make.
it is instead using the 5 minute chart with the 15 minute chart ___ looking at the blue line on the BULL VS BEAR POWER over the 5 minutes. perfect output for total profit. If you use the ‘last chance’ EXIT, you will only get a small gain.
To sum up, I take 2 different types of trades RISK OFF trades with level to accompany the movement. Then exchange the MTF_RSI after a withdrawal with the conjunction of the BULL VS BEAR. My demands are over 100 long and shorts under 100 and the bullish power against bear should say STRONG TREND __ADX RISING___ if it says ADX_FALLING, so be warned.FIBS ___ you will see the S / R
Thanks for taking the time to read this, I really appreciate your comments.
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