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FEATURED CHART
The Chart below is generated by:
Track 'n Trade Pro 4.0
Gecko Software
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The symmetry of price movement is the
important feature of this chart. The Euro FX has been in a trading range
since May of 2004. When this kind of situation occurs, Gann would use
the price symmetry of the market to find timing points. Take the angle
up and project it equally on the way down. When the down angle touches
the level of the low, look for trend change. This proved to be a half
day off. Price then moved up rapidly. The bottom of the chart has
the COMMITMENT
OF TRADERS Histogram. Red
are commercials, Blue
are large speculators and Green
are the small specs. The program has the information on how to use this
important tool in your trading. |
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