[RT] Gann angles - can they be quantified?

[MikeSuesserott@xxxxxxxxxxx]

Hi Stu,

this is highly interesting. Will need some time to think this through. Not
sure whether this is what Gann had in mind originally, though.

Thanks for the reference!

Best regards,

Michael Suesserott


> -----Ursprungliche Nachricht-----
> Von: sunsetisles@xxxxxxxxxxxxxx [mailto:sunsetisles@xxxxxxxxxxxxxx]
> Gesendet: Thursday, November 01, 2001 14:48
> An: realtraders@xxxxxxxxxxxxxxx
> Betreff: [RT] Re: Gann angles - can they be quantified?
>
>
>
> Mike,
>
> Take a look at:  http://www.ensignsoftware.com/tips/tradingtips13.htm
> and succeeding "tips" issues.
>
> Stu
>
> --- In realtraders@xxxx, MikeSuesserott@xxxx wrote:
> > Hi all,
> >
> > here is a question that I have been unable to answer all my trading
> life. I
> > asked it on another list, but have not received any satisfactory
> reply to
> > it.
> >
> > The problem: I fail to understand how one can speak of Gann 45
> degrees or
> > squares when there is no accepted standard for the x- and y-scales
> of a
> > chart. Who determines what constitutes the applicable units of time
> and
> > price?
> >
> > For instance, let us look at the NASDAQ 100 daily chart. What
> measurement is
> > considered equivalent to a time of 250 days? Is it 250 NDX points?
> Or 250
> > points in the NQ futures? Or 250 points in QQQ stock? Or fractions
> thereof?
> > In which case the question arises, who determines the correct
> fractions, and
> > how?
> >
> > Surely the visual impression of a chart cannot be a measure, as
> this can be
> > rendered invalid by simply rescaling the chart. But then, what is
> the
> > correct yardstick?
> >
> > I for one have never been able to find out, and I would certainly
> appreciate
> > any quantifiable input.
> >
> > Best regards,
> >
> > Michael Suesserott
>
>
>
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