Gann numbers - There is no simplistic explanation for Gann numbers, but it basically charts a relationship between price movements and time. Although it is increasingly used in stock trading, there is every chance you could find a reference to it in forex trading too. As you can see from the chart below, Gann numbers are calculated by using angles in charts. This helps in determining the support and resistance areas and could be used to predict the timing of future trend changes.
No comments:
Post a Comment