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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Saturday 2 June 2012

Dax swing chart

The 2 day swing chart was supposedly Gann's favorite trading vehicle.Swings are not recorded unless there are 2 successive higher lows or 2 lower lows.Inside days can usually be ignored imo. On this chart we can see the acceleration off the 3rd lower high (Gann rule) on the swing chart  working twice. The object is to reduce noise and make following the trend easier




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