Register now, make more friends, enjoy more functions, and let you play in the community easily.
You need Sign in Can be downloaded or viewed without an account?Register Now
x
In terms of time cycles, Gann believes that the following points are worth paying special attention to:
1.Market holiday - a reversal of market trends, usually occurring just before or after the holiday.
2.Anniversary - Investors should pay attention to the important top and bottom of the market1,2,3,4or5On the days after the anniversary, the market often experiences a turnaround.
3.Trend running time - the time after the significant top or bottom of the market15,22,34,42,48or49Over a period of months, there may be a market reversal.
In terms of price structure, Gann suggests:
1) Rising Market - When the market is in an upward trend, you can refer to Gann's nine point chart and three-day chart. If the nine point chart or three day force breaks down against the previous low, it indicates the first signal of market reversal.
2) Falling Market - When the market is in a falling market, if it breaks the previous high on the nine point chart or three-day chart, it indicates that there is a great opportunity for the market to bottom out and rebound.
The safest buying and selling point
The strategy of entering and exiting the market is also extremely important. Gan En has the following advice for following the trend of buying and selling:
(1) When the market is on the rise, the buying price is never too high.
(2) When the market is going downwards, the price range for chasing short positions is never too low.
(3) Remember to use stop loss stocks when investing to avoid incurring significant losses.
(4) When buying and selling along the trend, avoid going against the trend.
(5) In the investment portfolio, use the method of removing weak and retaining strong to maintain profitability.
As for how to determine the entry point, Gann's method is very traditional: entering the market after the trend is confirmed is the safest. When the market trend is upward, the market price bottoms out and rebounds, with the first rebound followed by adjustments. When the market price is unable to break through the bottom and turns upwards, breaking the high point of the first rebound is the safest buying point. In terms of stop loss position, it can be set below the adjustment wave bottom. When the market trend is downward, the market index peaks and falls, experiencing the first decline. Afterwards, the market price rebounds, becoming the second lower peak. When the market price breaks through the bottom of the first decline again, it is the safest selling point, and the stop loss position can be set above the second lower top.
Thank you for your continuous support GKFX PrimeSupport and Trust If you would like to learn more detailed information You can contact us through the following methods We will wholeheartedly serve you Telephone:15801181351 QQ: 2220083555 Scan code to add customer service WeChat |