My Video 12 - video Dailymotion

Skip to player Skip to main content Skip to footer

8/22/2024

Gann Class

Category

Transcript

Display full video transcript

00:00There weren't much if you traded the breakout here, reverse it, there's a pullback here,

00:11you get your minimum trade, you take a fixed profit and then you close out your core position

00:17on this cycle day on the 13th.

00:23You can then enter the market on the break of the high of the cycle day, always looking

00:31to buy your pullbacks, in this case because the trend is up, so you've got your minimum

00:39here plus you would have got your second level entry as well.

00:49This day was another cycle day, so you close out your core position and you place an entry

00:56underneath, there was no entry hit.

01:03This is your next cycle day, you place a stop to enter above that, which you do.

01:09Now here's an observation, this market was very quiet and it took out the low of this

01:16day, of the cycle day, but only by a fraction.

01:20That's why I leave a bit of room underneath the cycle day for my stop, you sometimes get

01:25a double low or something like that, the first cycle day was right on, the next one just

01:31takes it out by a fraction.

01:34So you're long again and you've got your core position.

01:37Now the market is going into a fast market, you've got expansion bars here, so you're

01:43adding on entry day on your minimum pullback.

Recommended

2:18

Up next

5/8/2023

1:11

2/28/2016

1:02

5/8/2023

1:00

5/5/2023

0:47

6/6/2023

1:31

5/3/2023

1:28

10/23/2022

1:37

9/4/2024

1:17

8/23/2024

1:27

8/23/2024

1:52

8/23/2024

1:52

8/23/2024

1:53

8/23/2024

1:52

8/22/2024

1:52

8/22/2024

1:52

8/22/2024

1:52

8/22/2024

1:52

8/22/2024

1:17

8/21/2024

1:52

8/21/2024

1:52

8/21/2024

1:52

8/21/2024

1:32

8/21/2024

1:52

8/21/2024

2:55

8/21/2024