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Mike:
YOU ARE ABSOLUTELY CORRECT!
The mistake of equating a "1x1" GANN angle to a 45-degree GEOMETRIC angle
(except in Gold) is an ever-present mistake.
Anyone can see this for themselves. Draw a 45-degree angle on ANY chart,
change the X and/or Y axis, or both, and the intersection of the 45-degree
angle with prices will change.
Doing the same with a true "1x1" GANN angle WILL NOT change the location at
which the 1x1 intersects prices.
A GEOMETRIC angle results from price OR time; a GANN angle results from
price AND time.
----- Original Message -----
From: "MikeSuesserott" <MikeSuesserott@xxxxxxxxxxx>
To: "Bill Wynne" <tradewynne@xxxxxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Monday, October 29, 2001 9:04 AM
Subject: AW: Angles
> Bill Wynne [mailto:tradewynne@xxxxxxxxxxx]
> wrote:
> > Angles will be uncomparable even if you just rescale the SAME chart
> > of the SAME market.
> >
> > BW
>
> Hi Bill,
>
> this is exactly the problem I always have with Gann angles, Gann boxes,
etc.
> I fail to understand how one can speak of 45 degrees or squares when there
> is no accepted standard for the y-scale of a chart.
>
> Best regards,
>
> Michael Suesserott
>
>
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