I changed the scaling on the angles and it seems to fit better (had 10 pts before,these are 1,).Thus a 2x1 that would have been a 20x1 is now a 16x1.Gann said to use scale of 1 but with higher priced indices than in his day I thought 10 (or maybe 100 on, say the Nikkei) would be the equivalent) Any thoughts on this welcome ! Will continue to monitor which works best. I didnt show volume but we had negative divergence with price on the rally.Often when angles cross this marks a turn and we have 3 crossing here. I have marked in the 1 year cycle
Wednesday, 4 July 2012
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