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How important is your health to your trading operation? It's very important. You have to stay sharp! I know a trader with an international reputation as one of the top analysts in his field who made $60,000 then quickly lost $50,000 of it. If you take a long or short position in the market, the market doesn't care what price you got in at. It doesn't care what price anyone got in or out at. It doesn't care about your analysis or your trading methods. Plan logically, but attack with emotion. While this rule is suitable for a physical battle, if you use it while trading, you are at a supreme disadvantage. To apply it to trading, the rule should read ... Trend Changes and Market Entries According to W. D. Gann ... W.D Gann is considered a master trader. Many of his techniques are esoteric but a number of gems are to be found in his courses and books. Here we will look at a number of Gann's rules for determining a trend change, and market entry rules that Gann derives from these rules. TIME is the most important factor of all and not until sufficient TIME has expired does any big move start up or down. I paid $2 for my ephemeris and what it tells me is priceless. The 10 Year Bonds contract which trades on the SFE has been the center of my attention as I witness it climb the wall of price towards its balance point. The element of Time in trading has been, and continues to be, a leading subject for most traders to study throughout their trading career. Gann's secret Time Factor has sent a lot of traders on a 'wild goose chase' through time. Knowing Which Time Periods To Trade ... You should always figure the time from any top or high level to the next top or high point. Also figure the time from any low level to the next low level. Then figure the time from a low level to a high level and the time from the last high level down to the low level. Trade Management - The key to Profits ...
I am in a trade and it's
going in the right direction for me. Now the question is, where
do I get out? Where should I take a profit? Where do I put my stop?
In other words, how should I manage this trade?.
A Change in Trend is a Traders Best Friend ...
There are plenty of technical
indicators that you can overlay onto your charts, be it your bar
charts, candlesticks, you name it, so many in fact I won't even
start trying to name them all. However, essentially what we are
looking for is a trade.
The life and work of W.D.Gann ...
In this week's editorial
we take a look at W.D.Gann. As anyone who has even read the back
cover of one of Gann's books would know, the subject could never
be explained in one neat article.
The
Best in Gannswing Education ...
It is now May 2000 and we’ve
all seen the anniversary of the 1999 April high, and what a time
it has been too. By the sounds of a few phone calls that I have
received lately, I’d hardly call the move over before I’d call it
a hangover! But what is good to know is that HotTrader did not get
caught long & wrong.
From 0 to 360 in 365 days.
As time goes by you will witness events that seem to have a consistent
nature. To find a consistency on the SPI would mean a great deal
to a lot of Australian traders, including myself.
The Universal Law of Expansion and Contraction
...
Chances are you have heard
of Leonardo de Pisa, if the name doesn't ring a bell you might know
him as Fibonacci, the great Italian mathematician. Fibonacci made
a study of rabbits, in particular the mathematics of their breeding
cycles. You might ask what does Fibonacci's study of rabbits have
to do with an article written for the AFSD' website?.
Watching for Time & Price Support in a Bear Market
...
When you're looking at the
Australian Share Price Index today it's easy to wonder where the
SPI might be heading. Up, down or sideways?.
Sections of Range to Trade ...
A typical campaign in any
Bull or Bear market would normally run in either 3 or 4 sections.
Keep your trading eyes wide open for the following retracement levels:
38.2% - 50% - 61.8% - 100%.
Gann Swings, Indicator or Strategy? ...
In today's trading world
there are just as many trading indicators as there are traders using
them. Let's face it, we all seem to have our own favorite indicators
along with our own unique interpretations of them ...
Do W.D. Gann's Swing Trading Rules Work on Todays Markets? ...
The swing trading rules do,
in fact, work on many markets, sometimes with quite stunning results.
First, let's establish what the basic rules are.
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