Intraday Trading Using Gann Calculator

[radha55]

I came here after long time.

Will try to answer the query.

 

[radha55]

Hello Frnds,
First of all, all thanks to Radha for this wonderful post.
Have few quries.

1) the Calc says, to calculated the WAP btwn 9.10-9.30, so wont der be difference , if someone calculates at 9.10...or ..9.15...or 9.29?

2) After 9.30 one should take LPT, So by what time one should follow the calc once the mkts are open?. i mean after 9.30 till 10...or 10.30?...and again here if some one is calculatiing at 9.30's LPT.....or 9.45's LPT. Wont the calculation gets differ?

3) The cAlc is available on the net, which says ideal time is between 9.15-10. If u agree to this, again dont you think the calculation gets differ, at different price levels?.

With your Experience, what you suggest the best time to enter the Price in the Calc is?

hope my query is clear.

P.N: I have not gone thru the entire post, so dont know whether these q's havebeen asked before.( sorry if it has been)

thanks Regs

WAP means Weighted average price.
Now when i say between 9:10-10 am WAP should be taken, it only means that we should take the fair price of underlying.

During initial half hour to one hour, market is very volatile and prices fluctuate in big differences. So we need to take a fair price and WAP helps us in doing that.

After 9:30 am or 10 am, market settles down and mostly the LTP is the fair price, so we take LTP.

By entering different prices in Calculator you wont receive different calls.

Only difference will come when the price u enter keeps falling in different bands.

There are various resistance and support levels.

Based on this levels, the calls are given.

Most of the time they would be same even if 2 people calculate it at different time.

 

[radha55]

Nifty Futures Profit for 18th Aug 2010.

Gann Calculator.

The WAP for Nifty Futures at around 9:15-9:30 am was 5429.

After entering this price in Gann Calculator we get below recommendations

Recommendation:
Buy at / above: 5439.06 Targets: 5454.78 - 5473.26 - 5491.76 - 5510.3
Stoploss : 5420.64
Sell at / below: 5420.64 Targets: 5404.95 - 5386.58 - 5368.24 - 5349.93
Stoploss : 5439.06

Buy triggered at 5439.

Target 1 : 5454 achieved.
Target 2 : 5473 achieved.
Target 3 : 5491 achieved.

Resistance 3 given by Gann Calculator was 5494.51 and high for today for nifty futures was 5493.80.

See the accuracy of Gann Calculator.

Profit = 5491 - 5439 = 52 points.

Profit of 2500+ with one lot of Nifty.

 

[anayash]

hi radha....sorry to trouble u with questions....but is there a recommended time span to trade using Gann calculator? as i found mentioned in many posts...everybody was mentioning the time between 9 & 10!

can i enter into a trade using Gann calculator figures at say 11.30 am or 2pm? or does it have to be in the first hour?

 

[poortrader]

dear radha
congrats on making easily tradable techniques!!
but can you please tell from your experience which calculation among GANN, Modified Pivot, Camarilla Pivot or Elliot Wave is best for Nifty trade in all kinds of mkts like trending, flat and volatile mkts

 

[abhishek25]

Most traders globally recommend to use gann for the 1st one hour only but u didnt mentioned anything like that , did u tested it after 60 min as well ?

 

[radha55]

Nifty Futures Profit for 1st October 2010

Gann Intraday Trading

The weighted average price of Nifty Futures at around 9:10-9:15 am was 6070.

After entering this price in GAnn Calculator we get the below recommendations

Buy at / above: 6084 Targets: 6100.46 - 6120 - 6139.56 - 6159.16
Stoploss : 6064.51
Sell at / below: 6064.51 Targets: 6048.08 - 6028.65 - 6009.25 - 5989.88
Stoploss : 6084

Buy Triggered at 6084.
Target 1 => 6100.46 achieved.
Target 2 => 6120 achieved.
Target 3 => 6139.56 achieved.
Target 4 => 6159.16 achieved.

Total Profit = 6159 - 6084 = 75 points.

Profit of 3500+ with one lot of Nifty.

 

[prakar]

hi i am new for trading can anybody explain how to trade nifty futur and option

 

[k.raaja]

Hello friends, I have contacted sourabh gandhi, who is created this gann calculator. He told that to use this gann calculator up to 2.30 pm. After 2.30 pm don't use this calculator,otherwise it will generate some false signals. I also traded this method. And success rate of this calculator is 80-90% if you combine with this candlestick patterns.

 

[arunlnakti]

@K.raja

i am new for tradding, i know how to use Gann Calculator but as u said u used this with candlestick patterns,
Can u explain me how to use same with candlestick patterns ?