Ohh and you cant change 117 to 1170. The Gann levels for every sequence of digits are unique. I dont know if they work in commodities. They will work in any security only if majority of large traders are using it in that security. They work in Nifty because traders use Gann levels in Nifty trading.
The creator of above Trading System has strange assumption. He thinks that Gann level works in Nifty because of some strange theories of mathematics. He belevies that since you can find Gann mathematics sequence in many things of nature like structure of seeds in sunflower are according to gann calculations, hence it works in markets due to same reason. But the universal laws of Science and Mathematics has nothing to do with markets. Some mathematics levels like Gann , fobonacci etc works in markets only because large number of traders already use these numbers in their trading intentonally. He thinks that if everybody finds out Gann strategy, it will stop working. While the fact is that if more people will use it, it will work more accurately. And if every1 stopped using it, it will stop working.
You can't use third law of motion in markets, it is also universal like Gann. For every action, there is equal reaction. If a stock falls 10%, that it must rise 10% the next day.
An mathematical theory or number works in markets only when people use it. If that person knew it, then he wouldnt have said that He will not reveal his Gann strategy in public beacuse if every1 get to know abt it, it will stop working :rofl:
The creator of above Trading System has strange assumption. He thinks that Gann level works in Nifty because of some strange theories of mathematics. He belevies that since you can find Gann mathematics sequence in many things of nature like structure of seeds in sunflower are according to gann calculations, hence it works in markets due to same reason. But the universal laws of Science and Mathematics has nothing to do with markets. Some mathematics levels like Gann , fobonacci etc works in markets only because large number of traders already use these numbers in their trading intentonally. He thinks that if everybody finds out Gann strategy, it will stop working. While the fact is that if more people will use it, it will work more accurately. And if every1 stopped using it, it will stop working.
You can't use third law of motion in markets, it is also universal like Gann. For every action, there is equal reaction. If a stock falls 10%, that it must rise 10% the next day.
An mathematical theory or number works in markets only when people use it. If that person knew it, then he wouldnt have said that He will not reveal his Gann strategy in public beacuse if every1 get to know abt it, it will stop working :rofl:
