GANN in intraday.

columbus

Well-Known Member
#12
#16
This intraday chart of dow is plotted with gann lines............ the lines were not kept after the day has closed,
the first gann fans were kept in the early morning session and the second gann fan was kept around 11. the dow seems to follow the gann lines for support and resistance rather closely.

To know more about gann.....the books written by him is available free in the net........

if you are going to experiment with gann know that it is uncharted territory............ there are no one to say that you are wrong or right.......the proof is in the pudding (money).
I would like to refer to the image attachment. Ganns geometric lines only work on a correctly drawn to scale chart. The fans line you see have little meaning as they do not correlate properly to the chart therefore you cannot trade acurately on this. Most software packages are inaccurate when it comes to Gann studies.
 

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