Everyone should have a bag full of money after the Silver trade just past.
Believe it or not some folks sold out half way up on the silver break out from
$20 to $50. This is because they used trendlines or moving averages, and not
Gann Angles to determine trend breaks.
Remember Gann
Angles do not require two points on the chart to draw they only require
one, this means you are NOT pre conditioned as to where the next line of
support may be. Gann Angles are a speed test tool on price movement, used
correctly and you will love them forever.(Sorry, getting emotional here!)
In previous posts we have shown how we use Gann Angles to find the Wyckoff
phase known as mark up or mark down, another critical facet of this great
tool. Funny how other folk on the WWW dont seam to use them as much, are
they the 90% of traders that lose, must be (ha).
Check out this chart. Remember Gann Angles must be drawn true to get the best
effect.
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and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides
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investors.
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