Gann Tools
W.D. Gann (1878-1955) developed a number of unique methods of
price chart analysis. He paid the most attention to geometrical angles
reflecting the interrelation between the time and the price. Gann believed that
certain geometrical figures and angles have specific features to be used for
forecasting price dynamics.
Gann considered that there was an ideal ratio
between time and price if the price grew or fell at an angle of forty-five
degrees to the time axis. This angle is designated as "1Ρ
1" and
corresponds with unit price increase for each unit time interval.
Wow, superb we blog structure! How long have you been blogging for? you make running a blog glance easy. The overall look of your web site is magnificent, as well as the content!
ReplyDeleteiForex Signals