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RT's,
I sent this earlier and I don't think it got through. I will try to send the
.gif separately.
My first thought is that what you say you can't see is what you are supposed
to be seeing. Sort of like not seeing the forest for the trees.
Restating a little of what is published in the article, the angled lines and
their intersections are important areas of support and resistance. The 45
degree angle lines (the ones in the middle) are the most important. Gann
angles give you a guide over a series of reference points and angles that
price usually follows or moves around. Price is drawn toward the
intersections.
Getting the lines and angles set up right is what the article is about.
I will include a current chart of Wheat with Gann Angles applied. I hope it
gives you an idea what you are looking for. Days have been added to this
chart into the future at the selected price of 264.25. That is what the line
of dots is in the lower left corner of this chart.
This is just a few of the ideas that go with this methodology.
Brent Aston
> Brent
>
> How do you read this chart? When I look at your Gann angle chart, I
> cannot
> see many places on the chart where the price isn't moving along or
> reversing
> off of some line because the whole chart is full of lines. Could you post
> a
> chart where the last price is at the left side or middle of the chart and
> show how Gann angles indicate where the price might go next?
>
> Thanks
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