• 4 months ago
Gann Class
Transcript
00:00we need in it. We've got quiet mark at stair-stepping,
00:09faster moves.
00:15Starting from this high, August 21st, all the dates that I'm going to show you, they've
00:20all had timing dates, so we don't need to go into that again, it's on another video.
00:27We've got a failure at high pattern here for our entry.
00:33It's 1, 2, 3, 4, 5, 6, 7, 8 days from that last high, so it qualifies.
00:40You need 7 days or more.
00:43So our entry is here, so we've got a core position.
00:47You can be buying the market retraced into here, so you would have got your minimum pullback.
00:53I'm using 80 ticks on the euro, and 150 is my bigger pullback.
01:01Taking profits on a measured move down here.
01:06This is the cycle day, so close out the core position.
01:10This wasn't a failure at lows, because there hasn't been enough time.
01:131, 2, 3, 4, 5, 6 days is not enough to qualify.
01:20Put a stop in above the high of the cycle day there.
01:24Here's an observation.
01:27Over these few days here, the market's just in a range.
01:32I would buy in that range.
01:34Up into the next cycle day.
01:37Take your profits from your core position.
01:39I would buy in that range, with a stop underneath the low of that cycle day.
01:46Up into the next cycle day.
01:49Take your profits from your core position.