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THT

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Everything posted by THT

  1. Yeah its a tough one - there's very little material out there on Gann, that's why all the guesses and whatnot - Gann got purchasers to sign non-disclosure agreements which is probably why not much of his work filtered through and the fact that back then he was charging a fortune for it Then you have the vendors who have spent years researching Gann, figure out that they can't repeat what he did and then start selling his "secrets" to claw back time and money they investing in their pointless research, so over the years a lot of merchants selling their wares have muddied the trading world waters of **** information. The thing is basic Gann works, some of his Time Cycle and time theory works and I know for a fact that expanding on this through my own work and research has proved that certain aspects of time and price can be used for predictive purposes - obviously all with the aim of exploiting the markets I don't know this for a fact but I reckon Gann was one of the first traders to publically identify the stair stepping nature of trends with higher highs and higher lows - whether he made $50 mill or not, he definitely knew how to trade I'm one of those people who look at a piece of machinery, see's what it can do and then wants to learn HOW it does it, not everyone is like that, so some will get my work and others might not.
  2. and to confirm about expanding triangles and failed trend lines: Today in the ETF CNX1 of the Nasdaq100 Index Entry = Gann's Lost Motion target is swing high @ d - It just can't get much simpler Remember Gann said - "Sell Double/Triple TOPS and Buy Double/Triple BOTTOMS and buy on secondary reactions" - I think this chart shows those pretty self explanatory
  3. OMG you've now opened up a can of worms lol Right - I've studied Gann for the past 10 years and I had the exact same question 10 years ago to which I have yet to work out an answer to! He reportedly made $50mill back in the early to mid 1900's - yet his son was forced to work for a living as a broker, and has said his dad never traded! Then you have his Ticker Interview in which an Independent accountant watched him trade in 1909 ish and made 92% win rate from hundreds of trades in 30 days and turned $1k into about $11k - I might be out on the exact figs but you get the gist. So I don't know - I'm sceptical and that's only because i know some of his stuff works Gann was also an Astrologer - he definitely used planets and astrology in some of his course, I know that for a fact and he was a freemason who use esoteric thinking - geometry etc no-one in the world has been able to recreate his 120 wheat trade of 1909 - so either he never revealed how to in his works or he has and no-one so far has been clever enough to see it and from 1909 he never repeated it either! - you'd think if you could predict the day and the price a market would reach, you'd publicise it every week What I do know is that part of Gann works - form reading especially and some of his time cycles The thing about Gann was back in the 1900's he was talking about the markets being multi-dimensional so he was light years ahead of most people today, as its been proved they are I use a lot of gann as its simply what the market does, I've developed my own other methods too and I've just mixed them over the years - but you can get way led by Gann if you get consumed by thinking he wrote the secrets to the markets in his courses Gann interlaced Price with TIME - but in my experience doing this with gann's conversions would shove loads of lines on a chart, some would work others wouldn't - for me risking money on that is too hit and miss and too imperfect Saying that - Don't poo poo Gann - This is a very simple use of Gann interlacing price into TIME - as you can see it hit the March 2009 low to the exact day! All we did was convert the low price into TIME (the following 2 cycle dates are simply 2339 calendar days from the previous) Whether you use this or not is up to you (I don't) - but you will find is that the market is interlaced with mathematics both in time and price and a lot of it is AFTER price has moved which is useless to trade from/with - so as a trader you need to either completely ignore it or research it to death and use only those factors which work Also you will find that TIME converts into PRICE levels SP500 Index: PS- in the chart above you will notice the date of 15th August 2015 - I've published in my Time Cycle thread the first chart which shows this plunge date which shows a date of 18th Aug 2015 - these are 2 differing methods but when they confirm a date with each other its high probability Now if the Dec 2021 date proves a hit you'll have 3 dates forecast in advance that caused good turning points in the main index market - all from the low price of the bear market of 2002 - with forecast time turns 7, 13 & 19 years PRIOR - just that alone should make people stop and think markets aren't doing what they think they're doing! PPS - you can add Fibonacci and geometrical ratios to price and time levels and lots of them hit Now you don't need to know anything at all about Gann or mathematics to make money from the markets - all you need is a tried and tested method to catch reversals, breakouts or a simple trend following method
  4. Everything - I use the same methods and thinking for trading in spreadbetting, my ISA, my SIPP - the vehicle used to trade in is not that important its making money consistently that's important The only thing i need to think extra about in spread betting is its not a real market, therefore its not as clean price wise, entry or exit as it is trading a ETF or share inside my SIPP or ISA Because spreadbets are a market made up by the spreadbetting comp you have to factor in slippage and moves that are out of the ordinary, that does not mean the game is rigged or they are trading against you, it just means you have to take account of the spreads and whatnot
  5. I'm generally not a fan of trendlines, but I am of these - again using with market structure and formation This is the DAILY chart of EURUSD from 2013 Lots of info on the chart and here This formation doesn't happen that often, but often enough to profit from - again another under used technical analysis method that actually works! Right on the chart below we have an Elliott Wave 5 wave - i DO NOT trade Elliott Wave - I just want to show you how some other TA merges into form reading - I only noticed the EW 5 wave AFTER I'd seen and labelled the WM formation Notice on the WM formation the Gann Secondary reaction (Elliott Wave 1-2), then the lazy last leg up of the W to form a "twisted" W, then a V to form the wave 5 top, then we get another W which is coming towards us and the last leg is stunted then a A to finish it off - so lets focus on the WA part coming down: From the wave 5 high to the swing low point e is an Expanding Triangle - If you'd of been trading the trend line you'd of missed point e as it failed to reach the trend line Swing low point c would have been a spot on trade I've marked on the chart swing low points a and c - at point a you would not have formed the trend line but you would have seen it coming down into point c, so you could have bought at the trend line or used Gann's "LOST MOTION" method and bought when price rallied back up through point 1 price level As we can see point e failed to reach the trend line - so using Ganns "LOST MOTION" trading method you could have gone long at price level made by the low at point c WD Gann wrote about these formations (WVAMWW) etc way back in the early 1900's - as you can see they work just as well now as they did back then because of the simple fact and reasoning that HUMANS make buying and selling decisions today just as they did way back then! Bonus material: Notice how the pivot points are often (not always) just exceeded and then price reverses, shown by the arrows - WD Gann called this "LOST MOTION" this is most likely the only time ever i will show you this Draw a straight horizontal line from each pivot point (I've not shown this line) - sometimes the market just squeaks through and reverses, other times it exceeds by a lot and then reverses - THIS IS WHAT MARKETS DO! Take the big swing down to a low in July 2013 - Notice it went past the previous swing low then burst upwards - just imagine having a buy order at the prev swing low pivot price point at 12800, the stop would have been 35 pips and the target the previous swing high at 13400 - a 600 pip return for risking 35 pips! That's a whopping 17R (17 times risk) some swings aren't worth the risk - but some are Gann's mantra was "Make big gains on small risks" - this and the other Gann methods I've shown you in this thread are the reason Gann managed to turn out 1000's% growth per year by READING the market and trading with leverage (Gann used to risk 10% of his account per trade - I'm not that brave)
  6. Happy Birthday to me, Happy Birthday to me....... Another example of a Technical Analysis method that actually works Here's a position I got into on my birthday late March - GOLD market ETF LONG Swing file line shows we have a Gann Secondary Reaction at the LOWS, with tick up in RSI - Can't get simpler than this, caught the swing low within 1 bar of the turn point Then weeks later all the "noise and chatter" about Inflation - those in the know knew Inflation was set to be an issue back in early March!
  7. contact Nicholas at prorealcode site, he should be able to help
  8. Rock and Roll FTSE100 20 trading day cycle performs AGAIN Low on day 18 and 19 (19 is the KEY) WITH 2RSI Bullish reversal from the oversold zone Cycle catches the low once again for more profits "I thought markets were random?" - THT says "Yeah Right LOL" Remember the next 2 dates are bang around the forthcoming Time Cycle mentioned in my Time Cycle thread
  9. Hi - there's nothing wrong with having target level(s) - If it works it works Just remember as in chart 1 above, if the market is going UP then it will create a series of higher lows and higher highs and one can trail the market up by simply using the swing low points - because if the market is trending upwards it ain't going to hit a swing low point until it needs a rest, changes degree or the trend is changing That's a major law of the market (vice versa for it going down and for sideways ranges overlapping of swings) The blue dots on chart 1 show you the times the presumed swing low/low didn't work out
  10. That's the decision you have to make as to how you trade - if you are catching the turn you can use a very tight stop - I know this for a fact as its exactly what I've done for the past 10+ years If however you aren't very good at timing the turns then you will get stopped out often and maybe a wider stop suits you better - there is nothing wrong with taking 3 attempts to get in on a move if the move returns excellent R return - I'd quite happily take 3-5 attempts if the R value returned 10+R - you will know whether this is possible through the expectancy of your system/method etc If you take 3 attempts to make 1-3R return then taking multiple attempts is not wise - maybe trading the breakout rather than the turn may suit best? Again it comes down to the trading method - whether it works effectively or not I've proved in my "How to Win" thread that you can catch the turning points of the market with a tight stop of 1 bars range and within 1-2 bars of the swing point Re trailing stop loss - it is NEVER moved downwards, only upwards or kept flat if market action dictates (for long positions) Another technique would be to using the trailing stop ATR calc on a higher time-frame i.e. trade on the daily chart and use the weekly for the trailing stop etc - but this is just the same as employing a wider ATR calc on the daily chart! There is NO perfect system here for trailing stops I think we all feel that - again its something you have to build into your system - you either take a profit at xR and hope it stops and reverses thereafter or give it room to move at the expense of giving back a chunk Leaving room for the trade to operate becomes much much easier when you realise no-one in the world can predict exact price levels (believe me I've spent years researching and testing) - one time you'll set a target and it'll work perfectly, the next time you'll do the same and miss out on multiple profits - just got to find a balance that works for you
  11. YES - If it works for the trade then yes and for trailing too Best thing you can do is look at your proposed trading method - calculate its win ratio expectancy etc and also visually SEE what price bars do when it works When traders don't know what exactly their method does/doesn't do - they have wide stops, which eats profits It all depends on the trading method - for example if you're catching reversal points/turns in the market then if you're right the market will NOT trade past the swing low/high point, so that's where your stop would go at worst case Trading the reversals in an uptrend - WHAT WILL THE MARKET NOT DO IF YOU'RE RIGHT? It won't trade BELOW the majority of swing low points So for that strategy placing a stop any lower than the prev swing low just doesn't make sense - so a stop using ATR multiples might not be that good/clever on that type of strategy - but buying breakouts using a ATR multiple might be This is trailing 20 period ATR of a factor of 2 (multiple of 2) So you need to decide on the trading METHOD, work out what it DOES and then BUILD - Entry, Stop, Trailing etc to the method when it works As you can see in the example above if you wanted to catch the big trends then you'd need to use a bigger multiple/factor of the 20 period ATR or you could just BUY when price moved up through the ATR line Good luck
  12. Said right from the start if the NHS had 1 million ICU beds and ventilators then the govt would have gotten up to 999k people in hospital and in ICU and then rolled out the panic, lockdowns etc - At some point some one is going to work out the £ cost to under 70's and the economy and then work out if letting granny avoid contracting a flue like bug was worth it or not Some people will have had their lives wrecked at age 20/30/40 etc all because the NHS only had [originally] 13k ICU beds and ventilators
  13. Hello All We are closing in to one month to go until the final Time Cycle of the year Remember we have NO IDEA that it will work - it could be a mega volatility period or it just be a flat squib affair with an average correction Context we have to remember IS - In 2016 the overall market changed from down to UP - TC's act and behave differently in EACH of the 2 types of Time Cycle! As we can see the expected and published in advance TC date for Feb caused the USA market to stutter and stall 4th June is fast approaching.................Lets see if/what happens This is the sequence for the 4th June TC As you can see I first published the future dates way back in 2017 [yellow date section on the chart] I applied the Time Cycle sequence/spacing from Sept 1998 as that was when the last UP cycle ended and the down cycle started - Other cycles [not shown] actually start and end the appropriate cycle To see this scroll up to the very 1st chart posted in this thread - the RED and PINK TC's dates caused the top in 2000 and the 2015 LOW As we can see knowing this TC we could have predicted the 2003 LOW and the 2007 HIGH before the plunge into 2009 (2009 could have been predicted by another cycle) This particular cycle works best during the DOWN TC phases especially the 1st 2 occurrences of the cycle during that down cycle as can be evidenced below I suppose if you take one thing away from this - its the end date of the UP cycle - if you've been paying attention, the RED Time Cycle in the 1st chart in this thread lands AFTER the thick BROWN TC line/date [but not by much] - so watch out for the ultimate TOP in that year! For the record - the THICK Brown cycle lines = DENOTE the Time Cycle that CONTROLS and dominates the USA stock market - this is what causes the UP/DOWN 16-19 year stock market cycle - all other cycles shown sync into and within THIS cycle As usual don't trade if you can't form a logical trading decision, as you're responsible for your own trading results not me. Permission is not granted to replicate this post at all
  14. LOW came in on trading day 18/19 This is perfectly acceptable in trading - just because we have a 20 day low cycle in play does not mean it has to come in dead on trading day 20 - I like to see the low point on trading days 19-21, so we have a 1 day window either side of trading day 20 Also clarity over EXPECTATION - I'm expecting an assault on the most recent swing high of a few days back, to be able to make money from - BUT technically its ALREADY done the low expectation! Lows happened, its printed, the low is in - the swing high happening right now in price COULD be the swing high and we head off to print new lows - as traders we have to have this in our mind as a possibility as remember no-one knows exactly what is going to happen for certain The "Edge" is we know that there's a 20 trading LOW cycle in the FTSE100 Index that in the past has been exploitable from a profitability point of view - ask 100,000 traders and maybe 500 (0.5% at best) of them will know and understand a) about this and b) how to exploit it properly for profit, but the vast majority of would be traders will be absolutely totally oblivious to realising that a) cycles even exist and b) cycles drive the markets Not shown is the 2RSI in the oversold zone with a tick upwards in that date range Remember just because someone can't make Technical Analysis work does not mean it does not work - As I am showing you quite clearly it does work if used correctly - I'll concede that most of the TA stuff out there does not work for you to make a living as a full-time trader, but the bits that do work, do allow you to!
  15. Ok - following on from the last chart One thing you MUST remember is NO-ONE knows what a market is going to do exactly, we are GUESSING and using BEST GUESSES based on PROBABLISTIC outcomes CNX1 - The ETF of Nasdaq100 - did exactly as it said on the tin We had: The Triple Bottom The 2RSI tick up on the formation of the Triple Bottom Then the pullback Then we got a DOUBLE top formation, which for those inclined offered a shorting opportunity: Double Top BOTH the 7RSI and 2RSI showed on the close of the bar labelled (RED) 2 - negative divergence (Lower high reading in the RSI) compared to red bar labelled 1 Break of the low of bar labelled red 2 = go short with a stop 1 penny above the high of bar labelled 2 Seeing these "swings" is much much easier by adding a swing file to ones charts - Remember also most chart patterns have logical places that INVAIDATE the trade - that is where your stop goes! Over 110 years ago - WD GANN said "Buy Double/Triple bottoms and sell double/Triple tops" - That advice still works today and I can attest it beats lots of the touted trading methods out there
  16. LOL - I think most traders have done that before I certainly have until I learnt not to guess
  17. Yep I hate to say it but its nice to see the retail crowd the opposite of my positions at times
  18. Trade what you SEE not what you think - markets can be irrational far longer than you can be solvent
  19. As fletch says - if you have a SIPP you "might" be able to place them in there rather than an ISA I made the decision 10 years ago to only trade ETF's in my ISA after experiencing similar problems back then with a different ISA/SIPP provider
  20. Pro-Real charts are likely to have this as a screener on pro real code site as they tend to have virtually everything that can possible be thought of indicator/screener wise If not then Nicholas is really helpful and will build (might charge) for you if not too complicated
  21. WD Gann said in 1909 that all the markets are all Mathematical points of force
  22. Missed this - you need to make sure you quote unless it gets lost in the room Governments have tried to manipulate FX markets and failed - there will be "cartel" trades between the banks, it will never be admitted as its Illegal, but I'm willing to bet it happens occasionally That being said - Markets aren't doing what you think they are doing, people think that after x years of experience you can say markets going to do this and hit that price level there and then reverse to x and then.......It just can't be done Trading is exceptionally hard - whatever you choose to trade - trading requires probabilistic analysis and you need a method of trading that actually works (most of the **** out there on "official" sites just does not work in the real world I'm afraid All IG do is pool the best FX rates for us to trade - the reason people lose is because of themselves not the market and that is most likely that they are doing something materially wrong or their method does not work - once you find a method that actually works, the manipulation is from YOU against the market
  23. Yeah it's best to get in as close to the low as possible
  24. There'll be a stall in price or a pullback - its impossible for a market to continue posting higher low and higher high bar after bar - the laws of the market don't permit it It could be a Gann pullback, a sideways correction or a more severe pullback - but it will happen - 20 years of intimately studying the market attest to that I might be misreading your comment or you my post - I'm not saying that's it for the rally - I'm showing a technical analysis method that actually works as people will be trading TA that doesn't quite work and wondering what's going on
  25. Another one that works! Gann Triple bottom, up tick of the 2RSI on the signal bar from below the 25% Oversold level - gapped at the open the next day (can't be avoided) BUT the trade is up 6R Market is ETF = CNX1 which tracks the Nasdaq100 (I trade this through my SIPP and ISA accounts) PS - Markets CAN'T rally at that ANGLE for long! Pull back is approaching Some TA actually works - most doesn't though! Safe trading THT
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