Trading through Gann Angles

prabhsingh

Well-Known Member
Prabhsingh please give me some time for analysis as i have to look for the calculations with different theories, as some people think that its easy to put gann angles on stock and the levels are ready. No, its not like that
i use Gann Sq9, Gann retracement levels, Gann wave theory, Time analysis (still learning), Gann Price -time theory, Gann box, Gann range, Gann angles, Gann swing and a lot more. I have been studying on Gann Theory from the last 3-4 Years and still learning as a student. I have found that this system do also have its draw backs, its not a Holy Grail system. With proper money management, DISCIPLINE and proper analysis one can achieve their financial targets and I think that these 3 things are most important for any kind of TA method.
If by using merely software (Gannalyst, free available on net) one can make money then there is no need of any kind of technical analysis or forums like TJ. Just download the so called softwares and start trading and make huge money with them. Why there are thousands of topics on technical analysis are keep on adding in TraderJi ?? By the way, I am not using Gannalyst.
I think like a1b1 and many other members have downloaded the so called software, then why dont they are coming forward with their analysis using it. Come on all are welcome with their analysis.....
:thumb: Happy Trading :)
I just asked your views on Titan and you have given such a big lecture which even though is good to read.:D
 

DPKAUR

Well-Known Member
Well PrabhSingh if all this sounds you like a lecture then you may leave the thread. DK hasnt gone to invite you or rather to anyone :annoyed::annoyed:
PrabhSingh ji if my words have hurt you then I am sorry.....
Ad ji please i dont want any harsh words to be used for anyone in my thread....
 
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DPKAUR

Well-Known Member
Harivel,
For YesBank u could have asked me a few days before. It was buy @ 420 and the target for it was 470 and we are very near to it.At current levels its better not to start a fresh long position. If Yesbank is able to close above 475 (EOD Closing basis) only then a new long trade can be started in this counter with stop-loss @ 472 (EOD Closing basis) . Targets are 499, 543. and a short trade can be initiated in Yesbank @ 473 (EOD Closing basis) with stop-loss at 475(EOD Closing basis) for the target of 449, 440,417,388, 358, 335

ICICI BANK
Same is the case is with ICICI bank. Now its risky to start long it @ current levels as the stop-loss would be very high.But, If it comes back to 1020 and is able to close above it then you can start buying it for the target of 1148 with stop-loss @ 1015 (EOD Closing basis).
Harivel,
I wish you that have entered in Yesbank as yesterday it closed above 475 and today's low was 474.5. from there it zooooooooooooomed to 493 what a move. And thanks to you that you have drawn my attention on this counter for analysis. I made good enough money in this counter.:clap:
 

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