Author: Gann
As you know, W.D. Gann was a legendary trader. Some say he amassed a fortune in the the markets. He died in 1955. He wrote several important books on trading as well as a commodity trading course and a stock market trading course. Gann charged $3000 to $5000 for the trading courses which included 6 months of personal instruction by phone.
Positional Swing Calculator
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How to use this system
- This calculator is meant for positional and swing trading.
- To use this calculator, you need to select the time frame.
- If you want to trade for 1 month, you should take time frame of last 3 month or 1 month.
- Now for last 3 month, find the high, low and close. Enter that in the calculator here.
- Calculator will let you know the major trend reversal levels. These levels could act as major support and resistance levels.
- If price of stock/commodity crosses this major trend reversal levels, then the same trend might continue till the next resistance or support level is not reached.
- If the price of stock/commodity does not cross the major levels or could not sustain those levels for more than 2-3 days, then trend reversal is possible.
- Intermediate Support and Resistance levels should be used for Swing Trading or BTST.
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