THT

Couple of updates on some the trade assumptions in the above posts: 1) EURUSD - sat on multiple R profits and a 1-2 hundred pip move for an initial risk of only 30 pips! - trailing stop in play - the entry was the high of the LOW bar in the EURUSD example shown above it can be done! Target is still the major swing high 2) GOLD - so far so good, the break through of the minor triple top hasn't happened, it still could, time will tell, but I wanted to show you that sometimes a quadruple top (very very rare) can form, as you can see that price level is somewhat significant for whatever reason - I'm in a wait day by day view now as it could go either way, so probabilities are much lower now on expectations, the Gann 50% level could work and there's still the triple bottom (major swing) possibility - just let the market show you its hand and if a set-up triggers it triggers, if it doesn't, I don't trade 3) GBPUSD - DB worked as mentioned, not yet hit target, but we've now had a gann 50% level too for multiple R profits - DON'T be afraid to trade another strategy inside another method, the original method might NOT be right REMEMBER we can't control the market, we can't dictate moves, we anticipate moves and trade accordingly - even governments can't control markets Go back through this thread, look at the entry, stop positions, think about trailing stops and or profit targets then work out R values - you should be able to see what type of returns are possible per market per year because as you can see these swings are formed many many times throughout a year, not all of them are tradeable, but lots ARE

I think the USA are coming it from a "Its a threat to the US$ and reserves" point of view as if they (the people behind the FED which is not the USA citizens) adopt digi currency then it needs to be able to be controlled by those controlling the US$ now - Which they simply won't go down without a massive fight as if they lost control of the US$ they'd lose a huge amount of debt, reserves etc I'm not saying it won't happen, I'm just saying the FED will do everything in its power to stop it or they'll want to be the main ones creating, issuing and managing it as they current are the worlds official reserve currency - which if they don't could lead to WWIII or something like that! This a quote that President Woodrow Wilson said shortly before his death: "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." Before 1913, those group of men tried everything to force the govts hand to create a federal reserve to no avail - also back in the UK during the napoleon wars in France, 1 family who is part of that small group of men, had "runners" observing the war, so that when it was clear which side [France or Britain] had won, they'd get back to the London markets to buy sell appropriately in huge quantities! Now I don't want to stir anything up either, but those men he refers to are owners of Americas big banks and financiers and if you research the FED in-depth, you'll find that all past Chairpersons of the FED are all of one particular religious faith, which although nothing wrong with that, shows that the job is pre-destined to a person of the same faith as those controlling the FED and who the FED tell the govt to nominate etc, so basically the jobs a set rigged affair which is scandalous in a "free nation", which then isn't obliviously that free! My own personal view of crypto's are they are a tradeable market at present (although I just personally chose not to trade/Invest in them for no other reason than its another market to look at) - As a currency I personally think it needs to be backed by gold to be a valid currency and I doubt there's enough mined gold out there in the world to back a major reserve currency etc and the money laundering ease of using crypto's will need to be addressed by govts Saying that if the US$ were forced to convert every $ out there into its asset back value in Gold, I doubt there's enough gold in storage to be able to honour the payments - which is most likely why the stock take/Inventory for Fort Knox isn't Independent no freely available I'm in a position where i can sit on the fence and watch, at present the market is purely speculative BUT as a currency there's the opportunity for a big player to get involved and try to force out the US$ which is were the fun and games might lie going forward due to the above information I've highlighted - I think one of the main risks is the use of digi currency on the black underground market, govts just won't let happen, they'll end up regulating it or something and that could cause it to plummet in value Lots of If's, buts and maybes! fo me though until its a trustable market to trade I won't be diving in , I think powell at present is talking it down to avoid it rivalling the US$ or gaining ground as such - then all of asudden we'll have a digi currency backed by the USA which they are now happy with which will then be "the" digi currency to own, unless China get there first!!!!!! Whatever, happens, I'll still trade the SP500, FTSE100, FTSE250, EURUSD, GOLD and Corn, Soybean etc as per usual

I don't really watch it or keep up with it, until the USA allow it to happen under their control or China forces through a reserve digital currency I'm not joining the party

To date NO government/country has ever managed to prop up their currency - if its collapsing, its collapsing - The buying didn't seem to be effective in halting its fall."! As for BC - Keep saying it will only happen ~"IF" the USA /FED lets it - Last paragraph above confirms that, as soon as BC becomes main currency it threatens everything those who conned the world in 1913 strove for, they ain't letting it be main currency without getting repaid every trillion $ outstanding plus some Lots of pro traders are advising people jump into it - I'm not one of them, it'll prosper as a trading vehicle but just my personal views, the FED will put up one hell of a fight if it tries to become the worlds currency If the FED can work out a way to prosper from digital currency then they'll launch something Just my views, not backed up by anything other than observation over the decades and a little research into the FED as an entity

Yep - I'm writing threads to disprove the statement - most of it is click bait to keep the masses thinking the article authors have a clue

Good luck on both counts - my only comment would be to always remember most of what is published out there is complete baloney, so bear that in mind when researching Most fund managers fail to beat the Index they compete against and most trading strategies don't have a positive expectancy BUT all that being said you can still win, but very very few people who try do, there's always room in the 5% club though for new members On the trading front - test test test trading methods, make sure they have a positive expectancy and just robotically trade, no emotion, nothing, trade appears take it, manage it totally robotically - the method needs to know when to take the trade, how to manage it and how to exit it with little thinking and absolutely no emotional thinking

I used to be a Financial Adviser, people think Financial Advisers are Investment experts - they're NOT, they know Investments, but they do not know the markets, easiest way to catch them and find managers out is to force them to Invest in the Forex and Commodity markets because they don't continually upwards like the main stock markets do over time - those "experts" as people think they are, would soon lose peoples money if they tries to invest in the forex and commodity markets

Trading those are fine, forex does not trend as well as the main markets due to how both are made up trader wise - lot more speculators on forex whereas on stock market you have a combo of traders and mostly Investors You have to have something that says "trade potential is no more" unless you'll end up placing trades that lose in the desperation to get on board Remember the most sensible definition of a up trend is higher highs and higher lows, so price taking out a prior swing low is defying that definition and it could be the start of a new down trend I just like catching the turn points, I'm an aggressive trader but its why I make 10R+ often rather than just 2 or 3R As Gann said "A Safer buying point is the 1st pullback and a safer buying point is the 2nd pullback" - which you'll find is my secondary reaction set-up and bullish trend pullback When you take a trade you never know if its def going to work or how high its going, hence having stops and trailing stops in place etc I don't know your make up, you might not be suited to pullbacks you might be suited to breakouts - if that's the case then you need different set-ups/methods

For the method you are trading there IS/will be a invalidation point, once price exceeds that level trade is not taken - traders need to work out what that point is Right trade below is GBPUSD DAILY chart: We can see very clearly this is a DOUBLE BOTTOM trade I've shown the entry and stop level on the chart - from a logical trading perspective there is NO valid/logical reason to have a stop any lower than the swing low low point @ #1 So a trade below that level invalidates the double bottom trade for the time being keep it this simple Notice this price level so far did NOT find support at so called Fibonacci resistance levels - do not get swept up by Fib levels, they do apply to the markets but not as most people think The R profit potential of this trade allows multiple attempts - If the market is still in a position to trade then let the market take you into the trade (we NEVER buy @ the market, price ALWAYS has to move through a pre-defined level to confirm the trade) HOWEVER - It is perfectly possible for price to just pip through swing low #1 run all the stops at that level and then revert upwards (If this happened then it would be a Gann Lost Motion trading set-up) So you need to be clear and possibly adapt as the price action develops - depending on how you plan to trade If I entered a trade based on a double bottom then the stop is also based on what invalidates a double bottom - so in the example a trade LOWER than the swing low #1 level would invalidate the trade and exit - in reality I know from experience I can have my stop at the low of the signal bar [as shown on the chart] and it will work more times than not Then lets say price rallies and pulls back 55% causing a Gann gravity 50% centre trade opportunity to arise, I'll then add another position to the trade based on the parameters of the 50% level So I'd have 2 live trades - 1 based on trading rules for a double bottom and the 2nd trade based on the rules of the 50% level (as you can have varying trading rules per set-up/method), as the market rallies I would buy EVERY single swing low point too If you have got the trading rules correct then the market will move into a position where it automatically calls it quits for the trade set-up then at that point you simply don't take the trade - we don't trade blind through guessing, Most people fall into the trap of trying to predict the markets next move - its impossible! - even though my set-ups try to do this, they ALL have an invalidation point, but the fact that I'm highly successful shows that there's something to the set-ups and methods making that impossible to predict outcome, well predictable! Because they are based on the LAWS of the market - the markets are cyclical, but it is near impossible to work out exactly where you are in the cycle in real-time, until after the fact and we can't win or make money after the fact Lets say a set-up arose and initially it offered you 50R, the market might not go on to make 50r, it might only return 5R and stop out on a trailing stop and then reverses the other direction leaving you with a 5R profit, nothings guaranteed, which is why you need a set-up that actually works (the vast majority of the **** out there doesn't!) and then trade set-up, stopped out, trade and repeat over and over Hope makes sense THT

Self-Explanatory from the numerous examples throughout this entire thread: MIDD (FTSE250 ETF tracker) Gann 4th Time Lucky worked GOLD V shaped bounces are hard to trade, the point IS, we have a triple bottom! "What do we expect from a TB?" = A Bounce and rally towards the previous swing high, that ones got a minor triple top. "What do we expect from a triple triple top when price is heading towards it?" = A Gann 4th Time Lucky to happen and price to go through it - Also as we have a confirmed Triple Bottom formed, "What do we expect If price declines/falls towards it?" = A Gann 4th Time Lucky to the downside to happen and price to fall through it That's what we EXPECT, it might not happen, but over the years it happens often enough for us to trust it and make money from it FTSE100 Index Mentioned a lot the Gann 50% gravity centre EURUSD See post immediate to this post - Pin Bar failed to form on last Friday, but we have had a possible reversal trigger - I hate it when Elliott Wavers form the same outlook as me, as it doesn't bode too well! They [EW'ers] are talking about a multi-month rally in EURUSD GBPUSD Long entry triggered for a poss double bottom - look at the short risk range compared to the poss payoff Remember we are NOT predicting, we are trading market formations that work off probabilistic maths - we trade what the market forms, NOT what we think its going to do - there's a huge difference I do try to get smart with the market with my Time Cycle thread, but even with that I wait for formations to show up before pulling the trigger

EURUSD update: Aggressive double bottom buy stopped out for break-even We are still in the double bottom potential zone - either though price has ventured lower than swing low #1 This would "technically" be a Gann Lost Motion should prices swing back upwards Target initially would still be swing high #2 As mentioned above, it is perfectly feasible that a triple bottom could be forming as price is in that zone today with a possible pin bar forming [today] Entry options: High of a PIN bar break (If it forms at close) (As the close of the daily bar is 12am I ain't waiting up for that!) Previous entry mentioned in the post above wait for a Gann secondary reaction etc next week Trade what you SEE not what you think Also due to the laws and nature of the markets - there will be a rally upwards which will force the swing line to turn green once a 2% rally happens, this and subsequent swings will give us info as to the markets course - at some point Todays bar [not shown] will force me to add a swing low #3 count to the swing lows connected by the BLACK line as the low is now close enough to classify it [for me] as a quasi triple bottom Again logical, reasoning also the 2RSI is highly likely to print a divergence to price action - so although everything looks bearish in Euro world, I'm prepping for a bullish bounce of some degree, with the ultimate outlook of swing high #2 being reached in the week's that follow [until proved otherwise, at which point I will change/alter my outlook if the market says its not going to head to swing high #2!]

The first blue line yes a DB definitely without a shadow of a doubt - that shows you why you should trail the market up and let the market stop you out as it would have returned a lot more than setting targets of prior swing high etc Re swing low #1 - No obvious support or DB - but it did enter into the range of the low bar that caused the DB where you've marked blue 1st line - Also the WEEKLY and daily RSI charts were oversold and the leg down was in terms of price and time fairly long/advanced, you'd be expecting a bounce at some point - I was stopped out on the small bounce prior as i stepped in front of the bus at that point too as that bounced off the swing high of the double bottom - I was wrong then, but caught the next attempt I suppose experience comes in there the only thing I can say is markets don't go up or down forever, there's ALWAYS tradeable swings at some point - When i step in front of the bus I have no idea a move will work for certain, I class then as a test and see type thing, then trail - if I'm wrong I'll soon be stopped out and if I'm right I'll soon have my stop above entry level etc PERFECT looking set-ups don't happen often - remember we are trading off a 2 dimensional chart, price action isn't moving at 2 D, its doing something else, which is why sometimes things look skewed, off, twisted etc and this is why price levels aren't exact The rally off swing low #1 within 3 bars gave you a gann 50% gravity centre trade opp to get long, which was also a gann secondary reaction / Elliott Wave 2 trade set-up - as soon as you see that its odds on for a half decent move If you look at the swing down from SH#1down to SL#1 - you'd of been looking for a possible DB when the prior SL was neared, no set-up appeared so no trade, then the market powered through the SL rallied and found resistance at the prior SL range, this time it did give a long trade signal but was wrong The best thing you can do is just observe the swings on a chart over a few years, theres NO order or sequencing to them but you can see that the end point of swings interact with prior ones at times Easiest thing to do is just trade the safer entry options such as a secondary reaction, Elliott Wave 2 or 50% levels I'm half expecting to wake up tomorrow morning to an email saying I've been stopped out of my long position - there's probably an abundance of traders short the market too expecting something else based on their short set-ups, one of us will be right i just know that the market is in a position to possible turn based on swings - it's now a case of it either moves in my favour or stops me out, if it stops me out and the long trade is still valid then I'll be looking to set another buy order when a set-up shows up, if a set-up does not appear then i won't be setting up a buy order and then if a short set-up appears I'll be setting a sell order etc - I'm not randomly entering etc Another consideration in my mind is that the SL#1 is a truncated triple bottom, if price had gone lower a little bit more then I would have labelled it as a SL#3 if that is the case then as Gann says 4th time at the same level and it usually goes through, which would mean prices going lower, but for me its not close enough hence why I'm testing long first - time will tell and if I lose and am wrong, then once the next move becomes clear, I'll get my loss back plus some -I appreciate that this might sound loose and cavalier but over the years you gain confidence in expectations and losing 4 or 5 trades isn't the end of the world, which I know it can be when you're starting out THT

Here's the Dow Railroads from 1902 to 1909 which includes the great crash of 1907 caused by "Insurance" I think the excuse/reason was Anyway, This is a monthly chart - note the Gann Secondary Reaction / Elliott Wave 2 in 1903-1906 rally followed by another pullback then rally, then we get a double top and then from 1907 to 1909 another rally - this rally has a Gann Lost Motion from the 1903 swing and (not shown) another Gann secondary reaction / Elliott Wave 2 near the start of the uptrend These formations are the market, always have been & always will be - just wanted to show you they happen on different time frames AND they happened well over 100 years ago just as they do today

This is EURUSD DAILY chart OK - step by step LOGICAL technical analysis Using a 2% swing chart we can see that we are within the RANGE of the LOW bar of the prior swing LOW point #1 green This is prime Double Bottom territory Prior swing lows are 100 pips lower "could" find support there, should price continue to decline further After a prolonged decline there has to be at some point a prolonged rally that is greater than 2% which will turn the swing file UP BOTH RSI Indicators of differing degrees are oversold Nothing I say has to happen - we are second guessing the market here and we need to step out in front of the bus to see if we are right or wrong, so: Ultra Aggressive long entry would be using ganns lost motion entry and wait for swing low #1 green to be exceeded and then place a buy order 1 pip above that low should the market bounce upwards into it (Purple line) with a pre-defined stop Aggressive long entry would be to place a buy order 1 pip + spread above the last daily bar on the chart with a stop 1 pip + spread under the low of that bar if entry happens today (Active order in place for THT here), this order is moved to the prev days high until the trade is voided Safer long entry would be to wait for a Gann secondary reaction / Elliott Wave 2 and buy on a confirmed turn near the low of that reaction and a safer long entry would be to buy the breakout of the high that causes the gann secondary reaction / EW 2 You get the gist - If the trade triggers and develops I'll mark out these entries after they've formed to show you where I'd get in on each entry or you could just buy an option to suit Target is red Swing high #2 - at present, this can change as the trade develops as future swings could cause us to have to tighten stops but for now swing high #2 is the initial target and this is approx a 15R possible move if it works out as initially thought. I've drawn the perfect scenario - the market might not comply to our desires and swing high #2 might not be reached (or anywhere near for that fact) - the main thing is: The market is in an ideal position for a reversal - IF a DB is forming and going to happen then the market is going higher following some form of reversal To what extent we have no idea, if any, but as a trader we have to trade those set-ups when they show I don't mind testing the market for a possible15R return I'll manage the position as further bars show up and the swing develops Trailing stop will be employed throughout

Thanks - Yeah aware of Wyckoff, he wrote some great stuff in the 1900's THT

Yeah - it's like being hell bent on buying a certain make of car in your favourite colour, you'll start seeing them all the time - same with set-ups, which is why I say you have all the tools to make it in this thread Exactly, I have no idea if the breakout will work, I'm trailing a stop in the hope it will and if it doesn't then I'll make less than just targeting the prev swing high but that's a risk I'm willing to accept 4th Time lucky breakouts are fairly rare, they don't happen that often, so we're lucky ones formed right in front of us The trick is to understand the formations, but the real trick comes in seeing it before it forms so that you can get on-board it early - this does mean having a thought that often does not happen/materialise but it is the way it is when you're trying to get in as close to the turn as is safe/possible In the MIDD trade shown as swing down from #3 to #3 was forming I was thinking "OK we've got a sort of possible triple bottom forming here, we've def got a triple top, a triple top is the pre-cursor to a possible Gann 4th Time lucky breakout, lets just watch price action around the triple bottom and if it gives indication of a bottom and turn I'd like to get in on it" Price held at support, triple bottom and an Inside bar formed, that was my cue to place an order in the market, because if my thinking was right price would be up towards the prior swing high #3 and that trade represented a multiple R value possible return We had pattern and the Indicator in near perfect positions for a reversal of trend I don't understand everything about the markets, the reason for every rally, correction or whatever, but I do know that some patterns form often and when they occur after a decent correction or stall of the market they represent very high R multiple opportunities Having physical swing lines on the chart that can be set at a set % amount or whatever, helps me to see the formations clearer too

You're asking the right questions We don't know, we HAVE to step out in front of the bus and make a decision - this can be based on preference, technical info, fundamental info etc etc - People try to rationalise the direction - the one thing I would say is as of YET, the market has showed NO bearish signs, so the probability is firmly in the long camp, until we get bearish signals - for me that would be a trade BELOW the red swing low #3 low The clues were on the Indicator at the 3 tops - I didn't short because I can't short that particular market inside the vehicle I use to trade it (my ISA and SIPP) So I'm forced by the limitations of the ETF I trade to trade long only BUT, you're RIGHT - In an uptrend shorting might not amount to much and probably best avoided, as the swings down won't be that big Of the ABC options available - A or B would be my preferred outlook to actually happen based the expectation of a breakout of a 4th Time Lucky but its not guaranteed as no trader has a 100% win record so option C could happen As mentioned, I'm in the trade from the RED swing low #3, which allows me not to fret too much on having to make a decision and trade the breakout - the only reason i'm in that trade is due to the market position when it formed, I've seen it over and over and after making multiple R's over time risking 1R is a lot less mentally taxing that when you are starting out/new etc, I understand the reasons to hesitate Look on the chart left from swing low #3 up to swing high #1 - if we reduced the % swing file size of the swings they would have picked up the sideways range to the left and in the middle of that swing, it was again another 4th Time Lucky set-up but on a smaller market swing - note what the market did on breakout etc Once it broke out it rallied and pulled back into the range of the range and below the breakout level then rallied again - you just never know in advance what it will do, if the markets bullish it was go up higher, if it was bearish the prior low was being exceeded to the down side You don't need to be trading long then short, you can still massively outperform the market by just trading long and banking profits along the way The technical term for this sideways range is accumulation or distribution - the big players in the game are either adding or getting rid of positions causing the market to stall and stutter - they can and do play games like this Hope makes sense THT

Remember above all keep trading simple - we can massively overly complicate matters by trying to predict moves, let the market dictate Here's a classic wash n rinse of stops on GOLD DFB daily chart Its also a long lost motion Gann trade too - so whilst some people had their stops run, some canny traders would have profited off the move I missed the trade as I rarely look at the markets over a weekend - these are the shenanigans that happen in markets So the market could go down further, it could bounce to form a triple bottom - what do we expect from a triple bottom? If its genuine then it'll take out the prior swing high If its indecisive then it'll bounce around and We know that typically if a triple bottom forms and price then returns to the lows to form a Gann 4th Time Lucky, price typically goes through So to the long side we'll be looking for a Gann secondary reaction set-up, Some form of wedging Inside price bars or a ABC 50% gann level correction (NONE of these have formed yet!) To the short side - Further price deterioration in the next few bars to lower lows or a gann 4th time lucky (we need more daily price bars to either go sideways or rally and retreat for this set-up) Remember set-ups TRUMP Indicators Both the WEEKLY and the DAILY Indicators are in the oversold zones We're not fussed which way the market goes, we can't control any of that, all we need are our set-ups to appear and then we get orders placed, the next few weeks should reveal much more Just because this most recent support shelf off the old high provided support for swing low #1 - it doesn't have to anymore I posted a month or so on the GOLD thread about relevance of the purple resistance level from the major high of 2011 I posted previously in this thread about Gann 50% levels, we can see how this one held off the advance over the past few weeks - creates a triple top at the 50% level discussed last week Look at the RSI Indicator at all 3 minor triple points - 1st 2 were in the overbought zone the 3rd didn't have the muster to get there, a tiny tick up then reversed

LOL - The break from this thread was short lived! This is the ETF MIDD of the FTSE250 Index The WEEKLY chart (not shown) is BULLISH, but from an RSI Indicator persepective its in the OVERBOUGHT zone, so at some point in the next few weeks it WILL (the Indicator that is) correct downwards - whether that is in conjunction with price it is IMPOSSIBLE to know or tell in advance, what we do KNOW is a high % of time they operate in unison, but that's not a certainty The chart below is the DAILY chart OK, basics: Our old friend Gann said if a swing comes to a triple top for a fourth time it typically breaks through - that has happened We contracted into a range for a few months of which we've now broken out of What's next? Well I've not got the crystal ball, neither have any other traders, so we HAVE to think of the options available: A = Price just carries on rallying upwards B = As our old friend Gann said 100+ years ago - Buy on reactions to old TOPS - so we could see a pullback to the highs of the triple top levels #1,2 & 3 in green) and then rally (this would suit the positions of BOTH the Daily and Weekly Indicators) - It is possible that price might smidge lower than these tops and reverse C = We've just had a lost motion type event and price could collapse through the old highs and back lower to do something else What do you think? Here's what I think: Well actually thought, because I've already employed what I'm about to say: See the bottom chart - that is how you catch the turns - the point to get into this trade to enhance the chances should AB or C above happen was at the swing low #3 Price action obviously will dictate in the next week or so This charts below to back up what I thought:

Cheers, appreciated I might update it now and then if something relevant happens but I've covered most of swing & position trading good luck on your trading journey

OK - I think I'm going to leave this thread here for the time being - its covered a lot I want to end it on a very very advanced concept - Gann related obviously! Gann was light years ahead of his time, the below is going to prove this fact, his methods were esoteric and he was beaten to these laws of the world by the Egyptians (you'll see the shape in the images below) The markets are not doing what you think they are doing - there's forces you are not aware of at work behind the scenes driving prices on ALL markets This post is to get you thinking - I'm not making any claims, but the other day on a EURUSD thread I did highlight a buying zone of which price has "suddenly" rallied upwards from! In the chart below we'll look at the 4 points shown on the chart 1-4, because these have been recent major swing points - I want to show you what Gann was thinking and talking about over 100 years ago - I will keep it as simple as possible This is Gann's "Square of 9" - look at the shape of it on a top down view - its basically the Pyramids! (TIP: Imagine pulling the centre number shown up towards you to visualise the concept) Basically this is a square root calculator - as you go up or down levels around the sq or 9 you going through increments of square root %'s - there are major intersections of the square and those are shown on the images as the yellow painted sections - north, south, east, west etc - see where price lands on those lines around the major turns I think we can agree totally, from this entire thread and what I'm showing you below that Gann and his methods have massive significance on the markets and as traders that means profiting from. This is EURUSD Daily Swing High #1: OK we get a major swing high price of 12350, this gets inputted into the Gann sq or 9 as the CENTER/PEAK of the square - the calculator then generates all the levels around that price according to the maths of the sq of 9 - see chart We have NO idea prior which levels "might" cause resistance or support and we don't know when either - what we DO know is that the major intersection in YELLOW "could" do something - the thing is we are aware of these levels well in advance and before price gets near! So from the top at 12350, prices falls to a low of 11952, then rallies to 12243, then falls to 11835, rallies then falls into the swing low #2 of 11704 I've highlighted the relevant prices on the Gann sq of 9 below for you - EACH swing turn point was 2 pips - 2 pips off the yellow highlighted price levels - take a minute to think about that 2 pips from price levels worked out yonks in advance by a method of a trader from over 100 years ago, that he discovered from studying the Egyptians who built temples to the fact thousands of years prior! OK coincidence? Coincidence - I think not, here's the next chart of the swing UP from 2-3 We have a LOW of 11704, rally to 12150, low of 11986 and then the swing high #3 at price level 12266 Again we have price finding support and resistance at price levels within pips of the major intersections on the gann sq of 9 OK last swing 3-4 High of 12266, low 11847, high 11975, low of 11805 I don't think I need to say anymore From 11805 here's the square of nine numbers to which the market might find support/resistance from (Remember the YELLOW lines are the major points to watch) - IF 11805 is the swing LOW The square of Nine is more deep than this - the positioning can be important too - for instance 1st gann sq of nine chart above in the post, follow the numbering from the 11835 LOW around the square until you get to the swing 2 low of 11704 - its moved out to the next level but on the same line sequence as the low and up nearly opposite the first low of 11952 and within pips of a major intersection I can tell you that most markets adhere to the square of Nine - however, there's a huge amount of things to look at, consider and apply so we won't go any further into this As with ANY method, do as I've done, test it, if you understand it and it fails, dump it - I could go on showing coincidence after coincidence of the square of nine - I just wanted to show you that there's reasons markets turn at specific points "out of the blue" - you'll get people mentioned support and resistance as throw away comments (usually Fibonacci levels that they don't really understand!) Successful Trading THT

Yeah I can see that - from experience if the 50% level is going to work it'll go through in 1-3 attempts at most which means you can afford a tight stop, but you can use the swing low point, whatever suits you

I would only trade one of them if they are similar and you might have to think about doubling up on risk so risking 4% instead of 2 etc - say you trade 2 separate markets each 2% risk and both lost, you lose 4% if they both move similar then to cut down on work/analysis etc its fine to risk 4% on just your preferred market

Don't apologise, its no problem. Exactly - its the difference, between an average just getting by system and an exceptional system There's no logical reason you'd have the stop at the prior swing low - I use 33% of the 20 day ATR + spread for my stops, as you can see in the examples above, they've worked exceptionally well I don't look at or trade the DAX - what I did was set an alarm for the 50% level, when that was triggered by the time I'd set my order to buy at the 50% level the market was lower, I then waited until the next day until it was executed and then when that went live I logged in to set the stop placement and target

Summary of the SP500 50% Gann Gravity Centre trade shown above = 10R profit ABC forms, with C trading down through the 50% level, set buy order @ 50% level if price trades back up through Stop would be 13-15 pts, no need for anymore Target is either to trail or a simple target of prior swing high As its earnings season I elected for simple swing high target , trailing a 2BL would have netted 8R, which is not bad either - better than the "aim for a 3R" return the books and educators tell you Also note all the Indicators were in the buy zone or oversold whatever you wish to call it, as price cut through the 50% gravity centre, which is another way to work with and use Indicators to catch the turns within a bar of the turning point The trick with this trading method is you have to step out into the road blindfolded - price is crashing/falling and you're there setting up a order to buy the market! as its pulling back - you're either going to be right or wrong and if your risk is acceptable, then its worth the punt - before the trades triggered, you can work out stop position and potential R profit targets - a 5R+ profit is ~ALWAYS worth the punt PS - Fibonacci: I'm very very aware of it, after extensive research and testing I don't really use it for retracements or resistance as its got no predictive qualities, with hindsight most market moves can be formed into some form of mathematical form that uses Fibonacci growth sequencing and calculations - knowing which in advance can't be done or I should say I haven't been able to.