W D Gann Trader Profile picture
Aug 15, 2022 11 tweets 3 min read Read on X
Telling my 8 years of experience in 5 min. A thread on how to find support and resistance and do Intraday trading.
Before starting go through the concept of Fibonacci fann. 👇

Now we have the 9 sets of trend lines from a lower price point towards the
higher price point are as follows 1X1, 1X2, 2X1, 1X3, 3X1, 1X4, 4X1,
1X8 and 8X1 .
The geometrical angle made by these trend lines with the X axis in an
up move corresponding to 2X1= 63.75 degrees, 1X2= 26.25
degrees, 1X1= 45 degrees, 1X3= 18.75 degrees, 3X1= 71.25
degrees, 4X1= 75 degrees, 1X4= 15 degrees, 8X1= 82.5 degrees,
1X8= 7.5 degrees.
The geometrical angle made by these trend lines with the X axis in a
down move corresponding to 1X2= 63.75 degrees, 2X1= 26.25
degrees, 1X1= 45 degrees,3X1= 18.75 degrees,1X3= 71.25
degrees,1X4= 75 degrees,4X1= 15 degrees, 1X8= 82.5
degrees,8X1= 7.5 degrees.
Before finding support and resistance will learn what is degree factor and how to calculate it.

In trigonometry 360 degree is equal to 2 degree factor. Similarly we can say 45 degree is 0.25 degree factor.
In gann study the 180 degree is considered as factor 1. This is
because between the sun rise to sun set the solar motion happens
approximately 180 degrees and it is considered as 1 day time.
The 2nd universal concept accepted by the financial analysts is that
the supports are always calculated in a falling trend and it used to be
calculated from the high.
The 3rd universal concept accepted by the financial analysts is that
the resistances are always calculated in a falling trend and it used to
be calculated from the low.
Gann formula for calculating the support and resistance is as
follows:

a. Support = (square root of (high)- Degree factor)^2
b. Resistance = (square root of (low) + Degree factor)^2
Therefore , in this thread, we have tried to understand intraday trading support and resistance analysis using gann.

I hope you all learn something new today. I post such threads every day.
Follow me for regular stock market learning.

#Gann #StockMarket #trading

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Sep 14, 2023
Telling my 8 years of experience in 5 min. A thread on how to find out high and lows of stock market.
We have seen two types of solar dates; Static(Stable) and dynamic solar dates. As per gann, the year is supposed to begin with 21st March, not 1st January.
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-- 4 seasons in the Year --

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My 8 years of experience in 5 min.
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Follow me to learn for free and help me fulfill my mission of 1 lakh independent traders .
VWAP stands for Volume Weighted Average Price. VWAP is used by institutional traders to identify good entry and exit points. Conversely, when a professional trader has to get rid of a large position, they try to sell at the VWAP or higher.
- If VWAP is rising then it shows buyers in control.
- If VWAP is falling it shows sellers in control.
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Dec 4, 2022
My 8 years of experience in 5 min.
A thread on a very important strategy on how to trade the gap up or gap down opening .

Follow me to learn for free and help me fulfill my mission of 1 lakh independent traders .
1⃣ Open Gap Reversal Trading Strategy

These patterns generally appear at the top or bottom or any strong supply or demand zone.

The open gap reversal process:-

- There needs to be an existing extended uptrend on the chart for at least a few trading sessions to the supply zone Image
- A gap up in price to quality supply zone is a very high odds shorting opportunity.

- Or a gap up in price to quality supply zone in the context of a downtrend is a very high odds shorting opportunity. Image
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Dec 2, 2022
My 8 years of experience in 5 min.
A thread on how to trade the gap up or gap down opening .

Instead of following fraud people's on Twitter. Follow me to learn for free and help me fulfill my mission of 1 lakh independent traders .
There are three factors to monitor to determine whether the gap is real or trapped. The three factors are volume, opening price, and pullback.
1⃣ Gap and Go Trading Strategy :-

- Price gap above the previous day's high.
- Wait for the completion of the first candle.
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value must be above vwap.
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Dec 1, 2022
My 8 years of experience in 5 min.
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Instead of following fraud people's on Twitter. Follow me to learn for free and help me fulfill my mission of 1 lakh independent traders .
Gap creates emptiness on the price chart. Price gaps are simply areas on the chart where no trading has taken place.
The gap is the biggest imbalance between demand and supply. The gap widened due to the aggressiveness by the buyers, I mean there are more buy orders in open than the supply available at the closing price of the first day.
Read 12 tweets

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