Thick, Yellow Discharge 12 Dpo

Gann angles

What are the angles?

One technique is to use Gann to the market geometric angles. Geometric, they are called by virtue of the fact that Gunn is often based their work on figure and predicting the "square". All graphs It builds on grid paper divided into squares, where an increase of 1 unit on X (X) was equal to the increase of 1 unit on Y (igrek). Thus Having no schedule line Y = kX (equation of linear dependence), we obtain certain angles depending on the value of the coefficient k .

main angle Gann considered the angle with coefficient 1 (ie Y = X , or 45 degrees). Next in importance are the angles by a factor of a multiple of 2, ie - 2, 4, 6, 8, 10, 12, etc., as well as ½, ¼, 1 / 6, 1 / 8, 1 / 10, 1 / 12, etc. followed are the angles by a factor of 3 and 9, etc. Although in practice is quite enough of the lines by a factor of up to 8 (the number of lines in the Fan of the Gunn "I would called "harmonic" - ie, if the harmonic is equal to 4 then we draw 7 lines with coefficients - 2, 3, 4 and ½, 1 / 3, ¼, and the main angle, with coefficient 1).

As build Gann angles?

most complete construction of angles Gunn is on the key points up and down, and from 0. Let us construct the angles at example of a weekly schedule EUR / USD .

To construct the angles I used the harmonic equal to 2. Step rates 16 points per period (week). Zero angles will build a harmonic = 8

So, we have point 1 - significant at least at the level of euro 0.8225 educated 23.10.2000 year. Construct a fan of him ascending Gunn, as well as fan taken from that date, but started from 0. (Further, for ease of reading on the chart 0th angles built green, angles from the lows - in blue, from the highs - red). Moving further on the schedule, we construct the angles from all significant turning points. Have a look at how exactly the price finds support / resistance on the projections of these angles.

I deliberately did not build the angles of the points later peak in December 2004 to show only part of the picture. The following chart angles constructed since December 2004. The price is also very "attentive" to them.

Using Gann angles

In addition, angles themselves are strong levels of support / resistance, there are several options for their interpretation.

intersection angles. Important points on the graph are the points of intersection angles to each other. If the price falls exactly at the point of intersection is extremely high probability that at this point, it will unfold. Also, the very price and time zone near the intersection is important. The likelihood is high that in this region will find the price resistance / support. Particularly important are the points of intersection of angles by a factor of 1 and 2, the angles with equal coefficients, as well as intersections with angles constructed from 0.

situation with respect to the price of 1x1 corners. While prices are above the angle of 1x1 constructed from a minimum, the market is "strong" long positions are preferred, and the opening short is not recommended. While prices are below the angle of 1x1 was built from the top, the market is "weak" Short positions are preferred, the discovery of long is not recommended.

There are several variants of the corners, but they are included in other techniques such as templates, graphics and squaring. Information about them will be later.