I have no answer for some of my failures in Gold futures.,one or two in US OIL.
As far as available literature concerned with Gann trading. the general part is known to public which I also use and explained in this Blog how it can be effectively used.
But something is missing and I was working on it almost a year.
It seems I have got what I missed.
Ex.
I have no answer why Gold reversed from 1047.
Likewise, India Nifty why 7540 cant be seen from the top of 9120.
I got the answer now.
As per Gann Main equation Gold Bottom lies at 1057 from 1900 and a little low is a aberration while it correctly predicted at intermediate at 1432.
As per Gann trading equation Gold low is at 1047.
Trading equation sometimes falters as High and low seems at sometimes at differential inflection points.
While Main equation inflection points are intact and hasnt failed so far.
In that case I see main inflection point of Gold futures I see at 1234.
But before that we can see some intermediate trading inflection points ,.i.e, resistance and supports.
As per Gann Main equation India Nifty high lies at 9110 from 4040.
On breaching of the inflection point at 7550 and considering the high of 8330,
I see main inflection point of INDIA futures I see at 6860.
As per Gann Main equation US OIL high lies at 147.27. .
I see main inflection point of US OIL futures I see at 21.87 - 22.05.
As far as available literature concerned with Gann trading. the general part is known to public which I also use and explained in this Blog how it can be effectively used.
But something is missing and I was working on it almost a year.
It seems I have got what I missed.
Ex.
I have no answer why Gold reversed from 1047.
Likewise, India Nifty why 7540 cant be seen from the top of 9120.
I got the answer now.
As per Gann Main equation Gold Bottom lies at 1057 from 1900 and a little low is a aberration while it correctly predicted at intermediate at 1432.
As per Gann trading equation Gold low is at 1047.
Trading equation sometimes falters as High and low seems at sometimes at differential inflection points.
While Main equation inflection points are intact and hasnt failed so far.
In that case I see main inflection point of Gold futures I see at 1234.
But before that we can see some intermediate trading inflection points ,.i.e, resistance and supports.
As per Gann Main equation India Nifty high lies at 9110 from 4040.
On breaching of the inflection point at 7550 and considering the high of 8330,
I see main inflection point of INDIA futures I see at 6860.
As per Gann Main equation US OIL high lies at 147.27. .
I see main inflection point of US OIL futures I see at 21.87 - 22.05.
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