Handbags at 20 paces

Can I also ask, what are the bullish attributes to the time cycles you talk about. Can you paste a chart to identify these for me?

Click to expand...

Yes please.

Moggie.
Do you actually chart? (serious question,and non confrontational).
I dont think Ive ever seen any of your work.
Would be good to see a thousand words in your chart picture.

Re: XAO Analysis

tech/a said:

Yes please.

Moggie.
Do you actually chart? (serious question,and non confrontational).
I dont think Ive ever seen any of your work.
Would be good to see a thousand words in your chart picture.

Click to expand...

Do I “actually chart”? Mwahaahahahahha!!! No, I get a dart board and a monkey, blind fold the monkey, give it a banana, and buy or sell whatever comes up randomly, just like STC! Give me a break. Try actually reading my posts for a change.

Remember the “Improving chart analysis” thread hosted by the esteemed barney (the “trading muso” no less). I thought I gave away far too much on that thread as it was, including posting charts, or have you forgotten?

We had quite a debate there if you think back. You even started to think that maybe time was important, didn’t you?

Now, I’ve posted lots of charts all over the place, just go through the commodities area for a start, or select the option to access all the posts I’ve made, you’ll find all sorts of charts there.

What you won’t find is a chart with my full IP included in it. I deliberately choose the “hide” function sometimes while posting a chart, hence they can look a bit threadbare at times…

Daffy you have hounded me for a long time about this, and I keep saying the same thing: it’s all in McLaren’s DVDs. It’s that simple. It’s all there, and it’s the very best I’ve seen.

As for my refinements, they’re not for public consumption. I have never intended to offer courses on it. Yup I have done seminars on options, but not technical analysis. I know you saw SpinDr’s seminar in action over a decade ago, and he has really refined his style since then. He’s into the stratosphere on time cycles now, you wouldn’t recognise what he is doing currently from what he was doing then. If you really wanted to learn, you should have learnt from him…

Re: XAO Analysis

I know you saw SpinDr’s seminar in action over a decade ago, and he has really refined his style since then. He’s into the stratosphere on time cycles now, you wouldn’t recognise what he is doing currently from what he was doing then. If you really wanted to learn, you should have learnt from him…

Click to expand...

Moggie you get all tied in a knot.
Only interested in your chart.
Ive only ever seen an Aget chart but no charting.

Spin---nice guy met him first as the lecturer for the Securities Institute 101 course when I did it.His seminar??
Visited him at home to "Watch the action as he traded".
As I said Nice guy and I'm glad he has improved---into the stratosphere.

I'm not looking to learn anything.
If something is presented and I learn from it fine.
But I'm not actively searching out the "Holy Grail".

My PERSONAL opinion is that most "Exponents" of the ancient art of "Gann" surround themselves in mystery as they have absolutely no idea how to APPLY the methodology profitably,with any consistency.

Now you may not be one of the "most".
Would be nice at least I/We would have someone here that could show in an easy to follow charting progression that Gann both time and price can be applied profitably and consistently.In a logical experienced fashion.

Moggie.
Anyone can chart Gann with some experience,we can apply to a chart X number of "Pressure" points.
But Ive NEVER seen in realtime ANY gannist show APPLICATION of the "ART" of gann in a consistently profitable way.
Sure lots of "targets" and "areas" but No --Enter here stop here and exit here.
Just confusion as the HOW to apply GANN,not how to PLOT IT.

Vast difference!

Picture speaks a thousand words.(To me anyway)

Anyway EVERY time I bring this up the "Gann Clan " get all hot and steamy,and sadly nothing changes.

Re: XAO Analysis

tech/a said:

Moggie you get all tied in a knot.
Only interested in your chart...

...Would be nice at least I/We would have someone here that could show in an easy to follow charting progression that Gann both time and price can be applied profitably and consistently.In a logical experienced fashion.

Click to expand...

Hi Magdoran - this is what I thought you might show the other day when I asked you on the Global Indices thread how you traded the chart that you put up. Not looking to 'steal ideas' (LOL!) its just interesting to see what others do and as Tech says pictures are often easier than words.

So how about it then?? thats two of us keen to watch the Gann master at work - anyone else interested?

Cheers,

Edwood

Re: XAO Analysis

Edwood said:

Hi Magdoran - this is what I thought you might show the other day when I asked you on the Global Indices thread how you traded the chart that you put up. Not looking to 'steal ideas' (LOL!) its just interesting to see what others do and as Tech says pictures are often easier than words.

So how about it then?? thats two of us keen to watch the Gann master at work - anyone else interested?

Cheers,

Edwood

Click to expand...

Hello Ed,


I thought I answered that question to some extent on the “International Index Trading” thread, didn’t I?


The DAX trading example:

The example of the DAX was assuming a long term bullish position was in play, and using a diagonal ratio back spread leg as a counter trend play (and hedge while maintaining an unlimited reward to the upside) based on a technical estimation of resistance in time and price on the 02 June, and looking to wind that out by buying back the sold calls on 08 June where support in time and price was identified: (see

Magdoran said:

click here for the link to post 353

Click to expand...

The charts posted just showed the bars and where I thought support/resistance was most probable. The 02 June time point was originally identified as a key time increment in the “Trading The SPI - Gann Techniques” thread in post 33.

The idea was essentially to sell the 02 June resistance (there was a price extension in play here too, but it was primarily the time and the pattern that was important), and wind out the bearish trade of the swing down into 08 June (also a price increment was in the workings but was less relevant than the time). You could use any number of approaches here, including just selling the index and then closing it.

The actual working charts I use are very, very busy, and would not make any sense to the average trader. Try the Zinc and Gold threads, and you’ll see more workings in those charts (but not the core IP, I never publish that).

I think some people don’t understand that it is impossible to give a simple answer to a complex question. It’s like a complete novice coming up to an expert physicist/neurosurgeon/constitutional lawyer and expecting to be shown instantly all the relevant components required. Similarly, I can’t just wave a magic wand and voila! Hey presto, put up a chart and for it all to make sense.


Access the Ideas:

Unfortunately Ed, I can’t post up any of the hours and hours of DVD visual material that is copyright by Mclaren. If you want the embryonic trading approach to both analysis and trade planning, it’s all there on his DVDs, including suggestions on a range of approaches of where/when to enter, where/when to take profits, where/when to place stops, in detail. But it’s a whole style that is very different to orthodox schools, and very configurable for individual preferences. I have no intention of stealing his thunder or IP.

Try going through my various posts – especially the ones on technical analysis like the ones in the “Improving Chart Analysis” thread if you want to pick up on some of the technical concepts, or focus on the posts on systems, trading styles, profit taking, and even derivatives if you like (I believe the body of my work while not cohesive as a whole, is still quite thorough and full of detailed information for a free source). I have spent countless hours drafting all this material, so why not take the time to access it via the “find all posts” function and browse at your leisure.

What people have to understand with this “style” is that there are several basic concepts that are mandatory building blocks in my view that you must master in order to be able to access the more developed concepts. It’s like trying to either read or write a book without knowing the alphabet, and rules of grammar. These building blocks have to be learned first. An illiterate person for instance is not going to be able to access the knowledge contained in a book if they can’t read. It is the same for this style of charting.

If anyone wants to know more, it’s really quite simple: Just go to my name on the post, left click and select “Find all posts” and browse away. Those who have contacted me by PM have been given pointers once they’ve done the basics. I’m quite happy to give pointers to those who’ve done their “homework”…


Gann Master?

I’m not sure about the title of being a “Gann master” - from my perspective I am just a fellow trader /investor, and technically first and foremost a chartist of sorts, and later I moved to Elliott Wave, then incorporated McLaren’s observations on pure charting and technical analysis methods, then built on all of this over the years, so I have my own unique hybrid perspective. My work is still very embryonic in my view, and will probably take me years to fully develop and refine, so the “master” title seems unwarranted to me.

But the name “Gann” conjures up all sorts of different connotations for different people depending on your own experience of it. It is so vast and multifaceted that the term I think is pretty meaningless to me without some kind of qualification. Even Elliott Wave is becoming like this with so many different schools of thinking on the subject, but the core work though is much more cohesive and methodical, as are the many revisions such as Prechter and Frosts work, Neely, Fischer, Miner, Poser, etc.

The Gann element I have incorporated is mainly drawn from the time cycle area, but a lot is drawn from McLaren’s interpretations (sure, looked at a range of others such as Bryce T Gilmour, Jenkins, Cohen, Pesavento, Bowden, off the top of my head). Sure, I am constantly researching and seeking new ideas and methods, and sure, I’ve read a lot of Gann’s original works that I’ve been able to locate over the years. But I’m certain that there are whole rafts of knowledge that I have either missed or not fully understood. Yogi for instance draws from the same body of knowledge, but has his own unique and radically different approach to mine for example.


I hope that at least provides some avenues for you to consider.



Kind Regards


Magdoran

Re: XAO Analysis

tech/a said:

Moggie you get all tied in a knot.
Only interested in your chart.
Ive only ever seen an Aget chart but no charting.

Spin---nice guy met him first as the lecturer for the Securities Institute 101 course when I did it.His seminar??
Visited him at home to "Watch the action as he traded".
As I said Nice guy and I'm glad he has improved---into the stratosphere.

I'm not looking to learn anything.
If something is presented and I learn from it fine.
But I'm not actively searching out the "Holy Grail".

My PERSONAL opinion is that most "Exponents" of the ancient art of "Gann" surround themselves in mystery as they have absolutely no idea how to APPLY the methodology profitably,with any consistency.

Now you may not be one of the "most".
Would be nice at least I/We would have someone here that could show in an easy to follow charting progression that Gann both time and price can be applied profitably and consistently.In a logical experienced fashion.

Moggie.
Anyone can chart Gann with some experience,we can apply to a chart X number of "Pressure" points.
But Ive NEVER seen in realtime ANY gannist show APPLICATION of the "ART" of gann in a consistently profitable way.
Sure lots of "targets" and "areas" but No --Enter here stop here and exit here.
Just confusion as the HOW to apply GANN,not how to PLOT IT.

Vast difference!

Picture speaks a thousand words.(To me anyway)

Anyway EVERY time I bring this up the "Gann Clan " get all hot and steamy,and sadly nothing changes.

Click to expand...

Daffy,


I suspect that you may not have read my posts relevant to your question. Your claim that I have not demonstrated how to apply the various parts of the methodology is wrong. In fact I have outlined the approach many times, but some of the “pieces of the puzzle” are available in different threads since the whole is quite involved.

You seem to say that you haven’t seen my charts that are non Advanced GET based. Have forgotten the “Gannalyst” charts that you requested on the “Improving Chart Analysis” thread? Have you forgotten a whole raft of charts that you commented on in other threads too? You even saw a version many years ago on RC which you attacked back then too. Are you losing your memory, or are you being deliberately obtuse?

If you take the time to follow my posts, I’ve articulated the logic behind the analysis, even covering position size, partial exits, how to use complex derivative strategies, etc. Have you read these? Perhaps if you conducted more research and took the time to read through my work, you’d see that most of your questions have already been addressed. However I will briefly address some of your comments here:

The idea of dealing in probabilities and patterns in a forecasting style is derived from the core idea is that there are many possibilities about where the market may move to at any given time. The future is not yet written, hence all any of us can do is to formulate an approach to deal with uncertainty, looking to develop an edge that yields consistent profits, agreed?

The approach is based on a probabilistic approach (in part based on Mark Douglas’ works) where one looks to position on a counter trend if following the trend (or can alternatively position to trade a counter trend) either by entering on a day or price or both identified by the analysis as being where it is probable that support (resistance) should be found.

This is primarily based on the pattern (and may include any combination of the pattern of trend, wave structure, division of the range, and time cycles). This can be done either selling into strength/buying into weakness, or waiting for confirmation depending on the skill of the individual and their preference.

The core objective is to use technical methods to identifying time and price points of support and resistance, time cycles, pattern of trend, etc; I identify times where I’d look to go long or short, look to take profits, where the stops could be set based on personal preference (these approaches are very dependant on style and level of acceptable risk for each individual), and what the failure criteria was. When I was including the failure criteria in my posts, this was attacked by the ignorant peons as being an “each way bet” hence when I stopped doing this, people like you started to question the underlying logic that was no longer being included.

Partial positions: (exit half/third/two thirds) can be taken as profit based on a number of different criteria based on style – technical – at identified time and/or price points where resistance (assuming a bullish position) is expected, or even full exits, or other forms of hedging such as diagonal ratio positions if trading options and the strategy is viable (again a whole body of knowledge required here too), - percentage profit, time based, price based, exit on doubling, or a combination of these.

Stop loss rules can also be developed, again on the overall expectancy and risk model as defined by the individual. Essentially one can exit based on a technical failure of a pattern, or set a technical time or price criteria, or set a percentage loss, or based on the time frame and risk profile preferred. Me I tend to use the technical pattern failure as the criteria, say a price below a pivot if long the underlying, and waiting to exit often on the bullish counter trend. I’ve been working on being able to reverse positions in such cases more consistently for example.

So in essence, where I say resistance is expected this could be a point to take profits, or look to go short (I often give a date where I expect support to occur, or a price, or both). Where I say support is expected this could be a point to enter long, take profits if short (I often give a date where I expect resistance to occur, or a price, or both). A lot depends on the time frame, but this is great for position/swing trading, or if in a longer term position, hedging these positions, or taking profits or adding to these positions.

It’s really not hard to work this out. If I give a date and price in the future that is 2 weeks or a month away from the present position, surely this is sufficient information to formulate trades based on a range of different money management styles, isn’t it?

If I identify that the underlying is in an uptrend, but has been counter trending down, and I identify a future higher price a month away, and give a probable date for support a couple of days away, how hard is it to work out when to enter and exit, especially if I can either give a current estimate of price and time, and later give the exact price around a week out from the target time point? The key to this approach is knowing the time to get out, and the time to get in based on probability. If the pattern fails, then the plan is followed. If the forecast needs adjusting, then this is incorporated, and the appropriate changes made to the trading plan if required. This isn’t rocket science, and pretty common I would have thought?

How’s that for a start? This is all covered throughout my many posts - enjoy!

Re: XAO Analysis

tech/a said:

Moggie you get all tied in a knot.
Only interested in your chart.
Ive only ever seen an Aget chart but no charting.

Spin---nice guy met him first as the lecturer for the Securities Institute 101 course when I did it.His seminar??
Visited him at home to "Watch the action as he traded".
As I said Nice guy and I'm glad he has improved---into the stratosphere.

I'm not looking to learn anything.
If something is presented and I learn from it fine.
But I'm not actively searching out the "Holy Grail".

My PERSONAL opinion is that most "Exponents" of the ancient art of "Gann" surround themselves in mystery as they have absolutely no idea how to APPLY the methodology profitably,with any consistency.

Now you may not be one of the "most".
Would be nice at least I/We would have someone here that could show in an easy to follow charting progression that Gann both time and price can be applied profitably and consistently.In a logical experienced fashion.

Moggie.
Anyone can chart Gann with some experience,we can apply to a chart X number of "Pressure" points.
But Ive NEVER seen in realtime ANY gannist show APPLICATION of the "ART" of gann in a consistently profitable way.
Sure lots of "targets" and "areas" but No --Enter here stop here and exit here.
Just confusion as the HOW to apply GANN,not how to PLOT IT.

Vast difference!

Picture speaks a thousand words.(To me anyway)

Anyway EVERY time I bring this up the "Gann Clan " get all hot and steamy,and sadly nothing changes.

Click to expand...

“Gann” – an evil word, or an opportunity to think differently?

Daffy, I think it is you who have a bugbear about “Gann”. For years you have rudely attacked me out of ignorance because you had an ugly run in with someone else years ago who happened to have used this label (I can’t think why anyone would take offence from you tech).

It’s pure bigotry. It’s like you had a bad experience with someone of a different race, hence whenever you see a person of that racial group, you ascribe the nature of the first person to someone entirely different, and attack them because of the colour of their skin with no understanding that about the diversity of personalities. You still don’t get this.

The only things that are “ancient” is the long running feud that you engender, not to mention your thinking. You’re like the proverbial bull in a china shop the second you invoke the name “Gann’. You constantly impose this unrealistic and ignorant viewpoint on a broad body of knowledge, and ascribe a connotation of evil on all the works uncritically.

What have you actually looked at Daffy? Have you read any of the original works? Have you actually gone through the McLaren DVDs yet? No? Then how on earth can you be objective and draw the unfounded conclusions you keep peddling? Pure ignorance is not a good foundation for developing an understanding or developing a sound critique.

It’s like your concept of the “Gannists” – an evil sect of charlatans bent on duping poor unsuspecting traders of their hard earned cash. Sure there are charlatans out there, but the whole market is full of them. There are opportunists that charge exorbitant rates to learn all aspects related to financial markets, real estate, not to mention get rich quick schemes like the WestPoint scam (and the architect is still a millionaire from this stolen money!!! – why he hasn’t been successfully prosecuted beats me – he belongs in Gaol for life in my view).

But to tar all people who use one method or another with the same brush is evidence of your unsound thinking, and your preference to revert to petty emotional games. When you start to act your age, people might begin to respect you for more than your knowledge alone.

Then you demand things from other people, hounding some, and abusing others. You’re not even pleasant or polite about it. It kind of reminds me of a child saying “I WANT, I WANT, I WANT” and if you don’t get your way, you spit the dummy. Well tantrum away Duckie, because this “Moggie” ain’t going to be cajoled, goaded or moved by your incessant bluster.

So, “Super Brat”, you can waddle back to that retaining wall concentration camp of yours and torture some more victims there, but the rest of us don’t have to put up with your “McEnroe” impressions.



Re Spin, I meant when you attended a seminar given by him, not the whole thing – maybe you could call it a lecture, or a class – whatever… but you saw something presented to him way back, right?

Re: XAO Analysis

Moggie.

I havent read all of your posts as I'm certain you havent read all of mine.

What you have outlined is certainly a basic methodology that any of us can come up with using the tools you mention.

I have found a chart on the Zinc thread all marked out nicely by gann analysts and I will use it as an example as to why I think that from what I have seen profitable application it would appear (admittedly in THIS case) to be nigh impossible.

Hence my question.
I'll go get it and summarize it in a mo.

Re: XAO Analysis

Whoa!!!

What happened in 7 minutes?
From Jekkel to Hyde!!
Keep your hat on back in a mo.

Re: XAO Analysis

tech/a said:

Moggie.

I havent read all of your posts as I'm certain you havent read all of mine.

What you have outlined is certainly a basic methodology that any of us can come up with using the tools you mention.

I have found a chart on the Zinc thread all marked out nicely by gann analysts and I will use it as an example as to why I think that from what I have seen profitable application it would appear (admittedly in THIS case) to be nigh impossible.

Hence my question.
I'll go get it and summarize it in a mo.

Click to expand...

Well ducky,


You’d be surprised what I’ve read of yours. Quite a lot more than you’d suspect…

But then I make an effort to research things, don’t I?

As for your view on my analysis, I really couldn’t give a $%^&.

You don’t even understand EW with much depth, so how can you get your beak around time cycles I wonder?

Re: XAO Analysis

tech/a said:

Whoa!!!

What happened in 7 minutes?
From Jekkel to Hyde!!
Keep your hat on back in a mo.

Click to expand...

Oh, I thought it was over quite a few years actually, short memory… I have a slightly longer memory!

Re: XAO Analysis

tech/a said:

Moggie.

I havent read all of your posts as I'm certain you havent read all of mine.

What you have outlined is certainly a basic methodology that any of us can come up with using the tools you mention.

I have found a chart on the Zinc thread all marked out nicely by gann analysts and I will use it as an example as to why I think that from what I have seen profitable application it would appear (admittedly in THIS case) to be nigh impossible.

Hence my question.
I'll go get it and summarize it in a mo.

Click to expand...

As I said, I hit the “hide” button for some of the workings on my charts since I don’t want to reveal my IP…

But I do identify key time points, and others have understood what I’m on about. It’s not hard.

The charts to look at were in the “Improved Chart Analysis” thread actually…

But go ahead and attack away Daffy, that’s what you love.

Tear down anything you don’t understand, abuse those who won’t yield to your ego.

I’ve see it once with you, I’ve seen it a thousand times! After all, it’s in your nature.

tech/a said:

What you have outlined is certainly a basic methodology that any of us can come up with using the tools you mention.

Click to expand...

You think? Didn’t I just say that? – it’s not rocket science… Positive expectancy models and entry exit rules based systems are pretty common. So how hard is it to draw the dots from the analysis?

Re: XAO Analysis

Moggie.

Ill take this chart of Zinc.
Now when it comes to applying the analysis this is an example of where I believe things fall apart.
Here Gann Analyst gives a number of time and price (by way of Channels and grids) pressure points.
Which as a trader one would either trade toward or react to price action at those or toward those points.
So 3rd of May youd be long expecting to trade into 21 May if the higher low was to hold.----so far it has.

Points are 15th MAY
21 MAY
2nd JUNE
8th JUNE

There are more but lets look at those that have passed.
15th May your long so would not have been expecting the fall in price to start the 9th. You would have expected bullish into 21st







.

21st May still well below entry and still above the Higher low---Where are you in the trade?

2nd June and 8th June in no mans land.
How can you apply this? So far your "Presumed stop" the higher low is STILL in tact and all bullish sell points have passed with not much more than a whimper.

I cant see practical application in THIS chart.

Cant see any positive expectancy models other than a "Possible" expectancy if the trade goes to plan---which it hasnt---not at all.
A positive expectancy is calculated from many trades over a long period not of ONE possibility ( this is ofcourse how most traders explain and apply positive expectancy!!!!).

Do you have another?

Re: XAO Analysis

Perhaps we could discuss your analysis on the XAO which is the topic.

I cant see the point in analysis OF ANY KIND if you cant apply it at least with some possibility of success.

Re: XAO Analysis

tech/a said:

Perhaps we could discuss your analysis on the XAO which is the topic.

I cant see the point in analysis OF ANY KIND if you cant apply it at least with some possibility of success.

Click to expand...

Tech,

Not every one can be right all the time, no system can be right all the time, not even Tech trader!

I think what Mag shares with us is truly great and i see much substance in his work and i for one don't think just anyone can do what he does.

you care to make any future price calls that come one point with in it?

Re: XAO Analysis

Trade it.

Its NOT about being right.

Its about Practical Application.

I dont care what method we are talking about.
Fundamental,Gann,Elliott,Dart throwing,Off the shelf technical analysis.

It doesnt matter.

You can analyse your brains out but unless you can apply that analysis in a meaninful CONSISTENT methodology whats the point? ---and with Gann your told that it takes Years to become an exponent!

Why would you take years learning something---when you cant apply it to your trading?
The above is an example of where I cannot see the application of the analysis helping in any way to make a profitable trade.

Now I'm hoping Moggie will be able to explain and further educate those like myself who cant see how spending years learning the ancient art of GANN is of any benifit.

With Elliott I see its application as plain as day.
Same with pretty well anything else presented.

Why is it that exponents of other forms of analysis have no trouble getting their applications across but it seems ALL gannists cant!

My guess is they just DONT KNOW how.

Re: XAO Analysis

Theres only one way to settle this, post your time and price estimates and a brief explanation behind your methodology..... We can revist in a few weeks and determine who was closer.

Re: XAO Analysis

tech/a said:

Trade it.

Its NOT about being right.

Its about Practical Application.

I dont care what method we are talking about.
Fundamental,Gann,Elliott,Dart throwing,Off the shelf technical analysis.

It doesnt matter.

You can analyse your brains out but unless you can apply that analysis in a meaninful CONSISTENT methodology whats the point? ---and with Gann your told that it takes Years to become an exponent!

Why would you take years learning something---when you cant apply it to your trading?
The above is an example of where I cannot see the application of the analysis helping in any way to make a profitable trade.

Now I'm hoping Moggie will be able to explain and further educate those like myself who cant see how spending years learning the ancient art of GANN is of any benifit.

With Elliott I see its application as plain as day.
Same with pretty well anything else presented.

Why is it that exponents of other forms of analysis have no trouble getting their applications across but it seems ALL gannists cant!


My guess is they just DONT KNOW how.

Click to expand...

Tech,

I see your point I am using Gann principles in my trading now, not to the same extent as Mag, but the basics i use are helping a lot.

I myself could never study for years then apply that's not me but I do agree with learning a long the way and doing your best. Which from what I have read in your posts and can say about your development you have done that as well.

I am truly amazed at what Mag, does and his knowledge of harmony and time projection. he has raw talent at it. I am a fan of Gann but i am far from the astrological stuff, I prefer to keep it simple. I dont know how easy it would be for Mag to explain it as with Gann from my little knowledge it starts to just click and you can see things, but that's all i can say on that. Mag your thoughts??

I also believe in what you have done with Tech Trader and how you have addaped to the current market situation and done so well in your system development.

You and Mag are like chalk and cheese very differnt but you are both successful that's all what counts in the market. I think people in here have a lot to learn from the both of you and there should be no contest.

No matter which way u choose to trade well known or your own methodology as long as you make a profit and are enjoying the challenge that's what matters.

Good trading.

Re: XAO Analysis

steven1234 said:

Theres only one way to settle this, post your time and price estimates and a brief explanation behind your methodology..... We can revist in a few weeks and determine who was closer.

Click to expand...

Steven I'm not competing I'm asking for Moggie (as he is supposedly a master at the application of Gann) to practically demonstrate for us mear mortals how the application of gann can enhance a trade.
I'm suggesting posting of charts to help in explaination.

Its easier to follow and discuss.

I want to know how he handles a trade when it wins,loses and or does nothing.Practical application can only be followed as a chart and the thoughts and analysis behind that chart unfold.
Many have done it before Radge does it for his members on a daily basis.
Ive done it,Kauri has done it,Ducati has/is doing it many others who Ive missed.

Whats the big deal,Moggies an advocate of Gann show and discuss---whats the problem?---why the attack?

I'm extremely hopeful we can have a meaningful discussion on GANN application.
I dont think it can be applied to a profitable methodology.
See ZINC chart and WHY.
Lets do another few.

Ive used the example in his ZINC chart and await a reply.