• 3 months ago
Gann Class
Transcript
00:00Heading up into here, which was your next cycle day.
00:04And so you take your profits, you trail an entry stop underneath that low.
00:13It wasn't hit.
00:16Now this is the other thing.
00:19This high didn't show a cycle from the cycles that we were using to get all these previous ones.
00:25For the sake of this demonstration, let's assume that you are still in.
00:30How you would protect yourself an exit in a fast market like this
00:34is a break of either the two or the three day range.
00:42This example was chosen purely because we already have the timing footage on another video
00:48and you can see how having a trading plan plus the timing video
00:52having a trading plan plus the timing video really works well.
00:57And these market moves are continuing all the time.
01:01From that example you can see we had the choppy market,
01:04we had the stair-stepping market and we had the one-way trend market.
01:09So if you keep studying this video,
01:11you'll get all the elements that you need to trade a successful campaign.
01:17I'd like to just take a couple of minutes to go over the Gantt campaign system
01:21and clear up any points that might not be clear.
01:23I think the logic is pretty simple.
01:26We know that 85% of the time the timing dates work.
01:30We go from one timing date to the other.
01:34So therefore, it clarifies the trend.
01:37It makes it much easier if you just know,
01:40OK, I'm only buying.
01:42I guess, I don't know if you've ever seen traders, a really good trader.
01:46They just seem to know which way the trend's going.
01:48I saw one guy years ago, I didn't know how...