Day Trading Futures

[Somatung]

I'm not aure about the graph angle but those 45, 90, 180 degrees are absed on some calculations... similar to square of 9 table. Something like this img. The price at the center is the starting price and then all corners are some angles which act at great resis nd support.

Gann fans:

 

[manishchan]

@A1b1trader

What else do you need? I not can make it more simple:

Somatung brother.. but putting the gan angle will always show the rising price chart at 45 deg bcoz the uptrend moves the price from left bottom to right top... not sure if this is the right way of looking at it. I never used gann angle in past so not much idea

 

[a1b1trader]

Manish the chart you have posted is Gann Square of Nine.

 

[Somatung]

Somatung brother.. but putting the gan angle will always show the rising price chart at 45 deg bcoz the uptrend moves the price from left bottom to right top... not sure if this is the right way of looking at it. I never used gann angle in past so not much idea

Well, I used Gann fans many times on Metastock Pro, so it does not look different the way I did it on this most simple charts. If you have a sufficient software or even a trading platform, you can vary with the parameters you want to use and add or take away angle lines. The out come will be nearly the same. Gann is as imperfect as any other tool and it helps to clarify the health of a trend. Not every thing has to be complicated, as even you prefer PA and simple tools. As it seems more complicated charts are wished and valued as special trustfull, here we go with a Metastock Pro Chart even with P&F in an other market:

 

[a1b1trader]

@A1b1trader

What else do you need? I not can make it more simple:

Somatung,
As you have yourself mentioned in a following post, this is Gann Fan but not Gann Angle. You said it is 45 degree. This is not 45 degree. Allow me, to show what is 45 degree.

Posting something, in few minutes just working on it
But sorry cant discuss on it, as I have to do a lot of homework for today trading.

 

[nirav_j]

Somatung,
As you have yourself mentioned in a following post, this is Gann Fan but not Gann Angle. You said it is 45 degree. This is not 45 degree. Allow me, to show what is 45 degree.

Posting something, in few minutes just working on it
But sorry cant discuss on it, as I have to do a lot of homework for today trading.

When do you sleep ?

 

[Somatung]

Somatung,
As you have yourself mentioned in a following post, this is Gann Fan but not Gann Angle. You said it is 45 degree. This is not 45 degree. Allow me, to show what is 45 degree.

Posting something, in few minutes just working on it
But sorry cant discuss on it, as I have to do a lot of homework for today trading.

I accept what ever you will tell to improve my thoughts. To me an angel of 45% was until now the half of a triangle of 90%. A whole circle to me until today was around 360. So here may is the confusion. Until now I did very well with this stupid knowledge and I was always able to sense a trend with very good common sense. Not sure what is coming now from your side but I am sure it must be a hell.

 

[a1b1trader]

The problem in ami is that you can not draw vertical and oblique lines as per your wish. So I have tried my best to draw this chart, the middle line is 45 degree line. (may be 44 or 46, as accuracy is a problem when you draw something manually.)

And you can see that all the price action is below that line.

Moreover, I have taken a lower point the bottom one in the chart and if you take the corner of square to your red candle the price will be even more lower to 45 degree line. (Though as per rules you can not draw angle as per your wish, it should be either highest post or the lowest point, as far as I know)

 

[a1b1trader]

I accept what ever you will tell to improve my thoughts. To me an angel of 45% was until now the half of a triangle of 90%. A whole circle to me until today was around 360. So here may is the confusion. Until now I did very well with this stupid knowledge and I was always able to sense a trend with very good common sense. Not sure what is coming now from your side but I am sure it must be a hell.

Nothing in particular
Hope you like the image.

 

[Somatung]

The problem in ami is that you can not draw vertical and oblique lines as per your wish. So I have tried my best to draw this chart, the diagonal line is 45 degree line, as all know that diagonal divides a square into two triangles of 45 degree each.

And you can see that all the price action is below that line.

Moreover, I have taken a lower point the bottom one in the chart and if you take the corner of square to your red candle the price will be even more lower to 45 degree line. (Though as per rules you can not draw angle as per your wish, it should be either highest post or the lowest point, as far as I know)

But why don't you include the last candle in the chart on the right side in the whole analyzes? We now have April the third 2014 and not middle of Mar 2014 and why do you go higher compare the marke is now with your rectangle.?

An other point: If you want to use Gann the way: 45 is fine and between 45 and 40 or between 45 and 50 every thing is wrong, that will be your decision. As told: Some common sense makes sense for any view we have about any direction or what so ever in trading. If you drive with your car on the street, how flexible are you by taking any decisions you have to make when you drive your car? You surely/hopefully with stay in the legal range , but you surely will not drive absolute stiff on them.