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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