Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (9796)	3/6/1999 1:37:00 PM
From: bob wallace	Read Replies (2) \| Respond to of 12039

< add divergence to the list that I think can lead one astray. > amen to that! and I thought I was the only one...

To: Richard Estes who wrote (9796)	3/14/1999 9:47:00 PM
From: Richard Estes	Read Replies (3) \| Respond to of 12039

Quick method of determining trend by Gann: A major trend change will occur when there are 3 periods of Higher high and higher lows to the long side. The trend is considered to be in place until you have 3 periods of lower highs and lower lows. You ignore the inside bars in your count. An outside bar is found on major turns often. The outside bar is a higher high and a lower low, the thing to be aware of is the correct order of the high and low to give you an idea of trend continuation. The method above works on all charts. the ending points of the trends form highs or lows to consider for support and resistance, stops, and etc.