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Created on: 7/27/2013 10:48:52 PM Last Update: 7/28/2013 1:09:55 AM Posted by: RTT WARNING: This entry is 4315 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.
1 POST
Gann Angles are wealth builders
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Many traders are momentum traders. They are the carriage at the end of the train being pulled along the track for profits. At readtheticker.com Gann Angles are the track, the train is price, the trader is the carriage on the back.
Gann angles are a measure of time to price. A one to one (or 1x1) Gann Angle is 1 unit of time is equal to 1 unit of price. A 1x2 Gann Angle is 1 unit of time to 2 units of price, 1x4 and so on. The bullish trader wants to see a trend were price is moving faster than time, so that would be 1x2, 1x4 or 1x8 etc.
Below are some wealth building trends with there respective Gann Angle time to price measure.
Like everything, it comes down to the method you use to measure price action. William Gann best invention was the Gann Angle.
Gann Angles work well with Richard Wyckoff law of 'cause and effect', as the Gann Angle monitors the progress of the effect (price trend out of consolidation).
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NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.
Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
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Investing Quote...
...“My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market. The stock market is the greatest, most complex puzzle ever invented – and it pays the biggest jackpot…it was never the money that drove me. It was the game, solving the puzzle, beating the market that had confused and confounded the greatest minds in history. For me, that passion, the juice, the exhilaration was in beating the game, a game that was a living dynamic riddle"..
Jesse Livermore
.."We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission"..
Ayn Rand
.."Just because you’re taught that something’s right and everyone believes it’s right, it don’t make it right."..
Mark Twain
..."If you don't read the newspaper, you're uninformed. If you read the newspaper, you're mis-informed."...
Mark Twain
.."Just because you’re taught that something’s right and everyone believes it’s right, it don’t make it right."..
Mark Twain
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We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund
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