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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Sunday 23 September 2012

Dax future (Dec) with Gann angles and % resistance levels




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2 comments:

  1. Anonymous23 September 2012 at 19:37

    Your Gann analysis is yet another technical factor that raises risk on the long side right now.

    ST parabola + breakout w/no backtest + at long term highs + limited upside potential + Gann pattern completion / key levels = 10% chance of moving higher from here? ;-)

    Thanks for pointing out all those possible reversal signals that Gann analysis is currently producing.

    I was hoping you'd add that to the "list" on my Risk Management post. ;-)

    Oh, and by the way, if you know of a sentiment specialist, that'd be yet another factor raising risk.

    ReplyDelete
  2. Chartrambler24 September 2012 at 11:07

    Thanks HighRev. Feel free to link it if you think its useful

    Sinuhet swears by someone...SentimentTrader ? but its a sub site

    ReplyDelete

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