Gann Square
US30 Road Map
Price( US30 ) is in correction mode, sharing this chart to assess the possible future move.
The lines on chart are support or resistance lines. One needs to be alert when price is trading near Gann lines or arch.
Pivots mentioned on chart are not part of pivot trading, they are there to identify market structure with set rules(to make structure identification objective).
Hence any pivot point on left of the chart becomes important support or resistance. One can combine Gann and pivot points to develop his or her own trading system.
Nifty Road Map
This is not a trading idea, sharing this road map to share possible future moves of NIFTY.
I have applied the Gann toll on weekly chart, on daily chart we can see that price is responding to tool's lines and curves. We can hope in future also price will respect the tool :-) . We can use such charts not to trade but to take overall idea and use the lines or curves to exit or part booking of profits.
Have added Pivot indicator in chart, I am using indicator not for pivot trading but to bring objectivity in identifying price ore market structure. This (structure analysis)can be used individually or with any other analysis.
The old analysis with demand and supply zone is attached in idea.
GBPUSD The Bottom Is In!#GBPUSD been doing some research and study on the swing pivot low on pound 7-6-2016 low 1.2797......
I am convinced that the low is in.... I will start to buy dips when the right time comes....
pound in a consolidation mode now... or as gann would call it.... lost motion
it should continue trending higher but keep an eye out for 9-14 and on, pound could get a correction....
as for now I'm still on the sidelines waiting for the right time to get in...
Gann Analysis
GBPUSD cycle date did not pan out!#GBPUSD short traded did not pan out..... got stopped out with minor loss.... cycle turn date became a dud
Pound is showing strength by taking out 1.3371 with a bull kicker.... it may head toward 1.3479ish.... I will remain
on the sidelines for now... Kudos to the bulls Not Worthy
Gann Analysis
GBPUSD Covered my longs today @ 1.3340!#GBPUSD today I covered my longs on pound
flat @ 1.3340..... today could be a pivot swing high......
will not take any chances....
lets wee how PA will act next week...
I will wait for pound to tell me what it wants to do....
kudos to those that were long pound
Gann Analysis
GBPUSD Gann Price & Time AnalysisGBPUSD doing some cycle work calculation and this is a forecast if pound continues to the downside....
I give it a 2 day window either 9-1 or 9-2 and price levels....
These are using MM techniques... but there are other calculation that show it could trend higher....
so its harder to forecast with just 1 reversal bar on 8-26....
PA kissed the 50sma (Res) and has (Sup) 20sma below.... so really it has not done any damage to the upside or the downside.... if you know what I mean
Keep in mind I don't rule out it could be the beginning of swing trade to the downside.....
as for now I'm Neutral waiting too see how PA will act next week.
Gann Analysis