I have made an attempt to construct the famous Gann Cycle for traders who do use have exotic or costly softwares due to limited capital resources. It is oserved that Gann Angles change de to change of reference(screen size) when price action moves with time.
Observe the Fed Policy Gap Up on Nifty 50 Index how it has broken above the cross of Gann angles. Here Time is given importance as Time is marked on chart first and then the swing is selected.
Trend to continue up on cross of Blue Gann. Also it shold cross the falling Red Angle for recovery. To learn watch both Blue and Red Angles crossover by Price Action and its behaviour around both angles with respect to price and time movement at the angles.
If you like the idea try to implement it and make use of it for profitable trading. Also Like and Boost the idea to spread the knowledge for the benefit of fellow traders.
Happy Trading !!!
N.B.Not a Trading Advice. With all usual disclaimers as applicable within the reach of this beautiful platform.
Observe the Fed Policy Gap Up on Nifty 50 Index how it has broken above the cross of Gann angles. Here Time is given importance as Time is marked on chart first and then the swing is selected.
Trend to continue up on cross of Blue Gann. Also it shold cross the falling Red Angle for recovery. To learn watch both Blue and Red Angles crossover by Price Action and its behaviour around both angles with respect to price and time movement at the angles.
If you like the idea try to implement it and make use of it for profitable trading. Also Like and Boost the idea to spread the knowledge for the benefit of fellow traders.
Happy Trading !!!
N.B.Not a Trading Advice. With all usual disclaimers as applicable within the reach of this beautiful platform.