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--- In realtraders@xxxx, Timothy Morge <tmorge@xxxx> wrote:
> Haytham:
>
> Would you mind giving me several charts showing your use of the
1X1's in
> this fashion--both the "live 1X1" and the other way you used to
calculate
> them in the old days?
>
> Private or on this forum, doesn't matter. Whenever you have time. I
am
> curious how you use the lines in this fashion.
>
> Thanks.
>
> Tim Morge
>
>
> At 09:58 PM 4/26/01 -0400, you wrote:
> >Chris,
> >
> >Don't take tip from anyone that is what the "realtraders" would
tell you.
> >Not everyone who read a couple of books about Gann become a
successful one
> >as you know. You have asked me direct question and I will answer
you
> >directly without referring you to do this and that.
> >
> >Gann angle are important, as you know, they represent:
> >
> >1. angles are sort of moving averages
> >2. They are much more accurate in telling about sentiment and true
market
> >power.
> >3. When you break an angle you will always drop to the next angle
down or
> >go sideways
> >4.Angles an be used for support/stop loss points( Lenny has point
out this
> >important point)
> >
> >There is no arbitrary nature of Gann angles, this can be
determined in two
> >ways:
> >
> >1. Live 1x1 angle : which represent the actual angle drawn major
high or
> >low to another major high or low, this is calculated
electronically and
> >this what I use in my computation for simplification.
> >2. There is other way to calculate which I use in my old days:
> >
> > UPTRENDING = MAIN BOTTOM2-MAIN BOTTOM1/DIFFERENCE IN TIME
BETWEEN BOTTOMS
> >
> > DOWNTRENDING = MAIN TOP1- MAIN TOP 2/
DIFFERENCE IN
> > TIME BETWEEN TOPS
> >Regarding the squaring, let us talk about at later time, I do not
want to
> >confuse you with squaring, let us set angles issue in stone in
your mind
> >before we move ahead because many people think they crack the
code, they
> >crack nothing :-), they don't even know how to use it in trading.
> >
> >Let me go back to the angles, what I have said is only scratching
the
> >surface on angles, but let us concur this obstacle to move to the
next.
> >
> >
> >Regards,
> >
> >Haytham
> >
> >
> >
> >Yahoo! Groups
>
>Sponsor<http://rd.yahoo.com/M=190462.1393721.2979173.2/D=egroupmail/S
=1700001779:N/A=551014/?http://www.debticated.com>
> >
> >
> >To unsubscribe from this group, send an email to:
> >realtraders-unsubscribe@xxxx
> >
> >
I will try to answer all the questions tonight or during the weekend.
Regards,
Haytham
> >
> >Your use of Yahoo! Groups is subject to the
> ><http://docs.yahoo.com/info/terms/>Yahoo! Terms of Service.
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