GBPUSD calculation predicted the sell off very well#GBPUSD love it when a plan comes together..... calculation have been on point these few trades on pound.... taking notes and seeing what is working and not working...
did not expect a sell off this big.... one thing im trying to work on is if the calculation can tell me if the move will be big or not...
I took half off @ 1.3026 and now playing with the house money Rock On
anyways kudos to those that are short the pound.. Dancing
Gann Analysis
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