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Strategies & Market Trends : Gann's cycles

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To: High Grader who wrote (14)12/4/1998 7:50:00 AM
From: Jeff Grover  Read Replies (1) of 191
 
High Grader,

I'm still reading up on this Gann stuff, and can create my own squares of 4 or 9. What I'm still a little murky on is what to use as the starting point and as increments.

I've heard of people using 0, the all time low, and a recent major pivot, discussed as the starting point at different times or another.... what do you use?

For the increment I've also heard that you could use 1, a "tick", and the price that correspnds to the 45 degree (square of price and time)... what do you use?

BTW: I'm not going to tell you what you use is wrong, I just trying to understand how I should be using this mysterious tool.

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