Technical Indicators,  Weekly Lessons

GANN FAN

 
So far all the lessons here have been easy. Let us take it up a notch. Konti lang.
 
I introduce you Gann Fan.
Yung principle neto behind is support and resistance. Well, if you read about Gann according to the Gann theory, financial markets move as a result of human behavior. This makes them cyclical in nature. In other words, history is a good predictor of future price action.
Financial markets daw are geometric in their movements kaya si Gann nagfocus halos sa mga angles.
 
I think I could explain it better using charts. So take a look at the pictures. Learn from it. Impress your friends haha.
Try it. Backtest. Use it.

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