Trading through Gann Angles

[DPKAUR]

A long trade can be initiated in Nifty @ the levels mentioned in the above post as multiple supports are there and second thing the stop-loss is very very small.
Happy trading....

 

[DPKAUR]

Hi Friends,
Those who longed nifty yesterday or day before yesterday, book partial profit as our 1st target has been met in the morning itself. Now trail the stop-loss @ 5500 and enjoy the ride for further targets.

 

[Bewinner]

Hi Friends,
Those who longed nifty yesterday or day before yesterday, book partial profit as our 1st target has been met in the morning itself. Now trail the stop-loss @ 5500 and enjoy the ride for further targets.

stoploss @5500 on closing basis?

 

[DPKAUR]

Nifty is moving on the expected line and our 1st target of 5585 has been achieved. Now the trailing stop-loss is 5500 (Closing basis). As of now on closing basis we are getting 100 Points.

 

[ajeetsingh]

Nifty is moving on the expected line and our 1st target of 5585 has been achieved. Now the trailing stop-loss is 5500 (Closing basis). As of now on closing basis we are getting 100 Points.

Mam, am I right in drawing this graph?
Looking for your valuable comment:

 

[Bewinner]

what kinda graph is this ajeetsing?

 

[ajeetsingh]

what kinda graph is this ajeetsing?

Bro i tried the same.
But I input weekly data from 1990 till today then I had drawn gann angles from lower left to upper right of graph page.
Although its just to start with(as its very tough subject indeed) but still picture of nifty is very impressive as Nifty really took support or resistance at every gann angle.
I am just a Novice, read this article today only.
Out of curiosity I have posted that chart otherwise this topic is quite deep rooted and needs lot of study.

 

[Bewinner]

Bro i tried the same.
But I input weekly data from 1990 till today then I had drawn gann angles from lower left to upper right of graph page.
Although its just to start with(as its very tough subject indeed) but still picture of nifty is very impressive as Nifty really took support or resistance at every gann angle.
I am just a Novice, read this article today only.
Out of curiosity I have posted that chart otherwise this topic is quite deep rooted and needs lot of study.

bhai..

Does Amibroker have Gann Angles? I did not find that...mine is 5.6...

 

[ajeetsingh]

bhai..

Does Amibroker have Gann Angles? I did not find that...mine is 5.6...

 

[DPKAUR]

Mam, am I right in drawing this graph?
Looking for your valuable comment

Dear Ajeet ,
while drawing Gann Angles take data as Calender Days & not Trading Days. It will make a lot of difference in your calculations.