W D Gann Trader Profile picture
Jul 20 8 tweets 4 min read
I am telling my buying strategy using Gann fan of my 8 years of experience in 5 minutes. Read full.
Then pick a significant high, draw Gann fan angles and wait for the 1/1 line to break upward.

The best timeframe working here is of 1 day.
Wait for a break above the 2/1 Gann angle before buying at the market.
Apply again the Gann Fan Indicator on the Swing low Prior to the Breakout above 2/1 Gann Fan Angle.
Place your protective stop loss below the most recent swing low, which should align with the point from which you form the second set of Gann fan angles.
Take Profit Once we break below the 1/1 line and close. We need to close below the 1/1 line by at least 20 points to be considered a valid breakout.

Use Trailing Stop Loss to capture the maximum trend for profit booking.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with W D Gann Trader

W D Gann Trader Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Bjybnf

Jul 19
Thread on How to Draw Gann Fan Angle 👇

First, you need to make a perfect 45-degree angle(1/1 line) . On the Tradingview platform, you can locate the trend angle tool on the left side panel.

#Gann #trading #StockMarket

(1/n)
The next step is to select any major swing high or swing low on the chart from which you draw the Gann fan angle. Once you've selected your swing low point, simply use the Trend Angle tool and draw a 45-degree right angle.

(2/n)
Now in next step, Use the gann fan indicator, which is located on the left side panel of trading view. Simply place the Gann Fan Indicator on the chart. Make sure it overlays on top of the 45-degree line you drew earlier. The (1/1) line must be exactly on the 45 degree line.

3/n
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(