• 4 months ago
Gann Class
Transcript
00:00and put it in at 100 pips for instance.
00:03This is just something you have to do, monitor the market, see if you're getting the fills,
00:07if you're getting too many or if you're missing out.
00:12You will find that it's quite consistent.
00:16You don't have to adjust every week or anything like that.
00:19It's just maybe after 2 or 3 months, sometimes longer.
00:25At the moment, as I said, it's the 80 pip retracement, so there's a cell there, another
00:30cell there, the 140 pip retracement, and then this was my cycle day.
00:39I took my profits by trailing a stop over the highs and got stopped out here for a total
00:46profit of 393 pips.
00:50I was looking to go long above the high of the day, plus 10 pips.
00:55It never got hit.
00:56This area was basically a sideways period.
01:02Up in here was my next cycle day, which as the market is going up, it's obviously a cell.
01:09So I put my stop in to sell again, 10 pips under the low of the day.
01:15I got sold here.