joel-vg

Gann and Elliott combined together

joel-vg 已更新   
NSE:BHEL   BHARAT HEAVY ELECT
While it’s not always clear why a time and price symmetry identified a market turn, such symmetries do indeed exist.
Gann, considered the squaring of price and time his most important discovery . He called it range and time squared.
However, the proper application can be tricky.
Markets are enigmas, and this attribute demands a great deal of flexibility when working with price and time studies.
How i calculated the Date as 20th May
From wave 1 to wave 3 - it took 43 price range
Add 43 trading days from the date of the lowest point - that is from 13th March - it comes to around 20th May

Now about the Price
The lowest price on 13 march is 18.4
square root of 18.4 is 4.3 . we have to add 1 to this number to get 180 degree = 4.3 +1 = 5.3
To calculate the price - 5.3 * 5.3 = 28
also
38.2 % fibonacci retracement comes to 29.
This is just another example of how Gann’s principle of time and price balance out.
评论:
What should be understood about this mystery is it does not materialize every day. However, when it does, it usually leads to a powerful trend,

As hard as this analytical sleuthing appears, the rewards are worth the effort. All the trader needs is to find one key calculation on an important chart and leverage it out to the overall market.

Gann and several generations of traders have used time and price analysis combined with square roots successfully. Some consider Gann to be the Holy Grail of trading. It’s not. What must be understood is that until there is a pivot — price action — there is nothing.

You can spend a lot of time figuring out where a market is going to turn based on certain symmetries. It’s best to have a rough idea without spending too much time looking for a move that is not there.

Before attempting trade entry, you need an edge that gives you confidence that you are on the right side of the market. Once that is established, you can use your own rules and discipline to find good entries. Gann will help and square roots certainly are an important piece of the puzzle.

As you perform your due diligence, you might find something else, such as a specific date matching up with the range. Opportunities are out there. There might be something vitally important sitting just below the surface of your price charts. Gann time and price analysis and square roots can get you there.
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