T2W Bot

Staff member
1,446 51
In previous articles I have discussed swing highs and swing lows and also touched upon a different type of analysis called Gann Theory. This is a popular style of analysis that looks at patterns and repeatable price action based on time. After receiving some emails on the subject, I decided it best to examine Gann Theory a bit further in my articles. I am not going to go into the history of Gann Theory or give a biography of W.D. Gann. Instead, I will discuss some practical applications of some of his theory.
There are three trends applicable to any time frame which you are analyzing: Minor, Intermediate and Major. That also means that there are three types of swing highs and lows that correspond with these trends. Let’s examine the definitions of the swing bottoms (lows) and swing tops (highs).
Gann Minor Swings:
A minor bottom is a low price compared to previous lows followed immediately on the next bar or candle by a higher low and a higher high. The minor top is a higher high...
Continue reading...
 
Last edited by a moderator: