WD Gann is THE LEGEND in trading folklore. WD Gann's body of work was enormous and covered many interesting areas of speculative ventures including the stock market and commodities or futures trading.WD Gann was a legendary US trader who traded in 1910-1956. He invented more than 40 methods. He had left all the traders far beyond any comparison could be done.It is said that WD Gann traveled to Egypt and India and learning from these countries formed the basis of his core methodologies. He successfully predicted many turns in stock markets in advance. He was also known for his strict trading rules.
HAPPY NEW YEAR 2021
COPPER UPDATE: MARCH 8TH
IMPORTANT: LAST WEEK PRESSURE DATE 3RD MARCH CONTINUE OF SAME TREND AND NEXT PRESSURE DATE 4TH MARCH MADE MINOR BOTTOM . IF COPPER BREAK ABOVE 720 RESISTANCE ARE 735-747-754-762.75-770-897.60. IF COPPER BREAK BELOW 663 SUPPORT ARE -648-631.40-618.20-610.65-600.60-593-586-578-573-561-557-553-545 COPPER DAILY CLOSING BASIS SUPPORT ARE 535, WEEKLY 501 ,CLOSING BASIS SUPPORT. THIS WEEK PRESSURE DATE 8TH AND 12TH MARCH TRADE CAREFUL USING THIS LEVEL.
COPPER MAJOR RESISTANCE AND SUPPORT ARE 746.55 AND 635.55 WEEKLY CLOSING BASIS AND MONTHLY CLOSING BASIS ARE 812.65 AND 510.05
WEEKLY PLANETARY DATE'S MARCH 8TH
FINANCIAL ASTROLOGY: ON TUESDAY VENUS SQUARES THE NODES OF THE MOON.ON WEDNESDAY, EVENING THE SUN FORMS A CONJUNCTION TO NEPTUNE .THIS WEEK'S MOST IMPORTANT KEY REVERSAL DAYS OR TURNING POINTS ARE LIKELY TO BE ON TUESDAY AND THURSDAY.
GEOMETRIC TRANSLATION OF THE MAJOR PLANETARY ASPECTS:CONJUNCTION =0 DEGREES;SEXTILE =60 DEGREES;SQUARE =90 DEGREES;TRINE=120 DEGREES ;QUINCUNX OR IN CONJUNCT =150 DEGREES ;OPPOSITION =180 DEGREES.
COMMENTARY FOR GOLD TRADING: THE TREND LOWER HAS CONTINUED.KEY PLANETARY RESISTANCE IS NOW AT 1696 TO BREAK TO SIGNAL A REBOUND. KEY PLANETARY SUPPORT IS NOW AT 1678 TO BREAK FOR A CONTINUATION OF THE TREND TO LOWER LEVELS.
BEFORE you trade just ask 4 questions to yourself :
a) what is your entry lev
b) what is your stop loss level?
c) if market goes against you,can you afford this much loss?
d) is your profit target minimum 1:3?
If you know answer to all the four then only initiate a trade or else just remember
one famous rule by W D Gann:”WHEN IN DOUBT……..GET OUT”.
No Boss, No Employees Work
Your own Hours
Get Started With Low Capital
Limited Loss
Unlimited Rewards
Learn Without Risking A Penny
To Trade Profitably IT MUST be run like a Business
The effort you put in now, will be rewarded later
Take responsibility for your own actions
Plan your trade, trade your plan
Remove emotion
Remember, treat trading as a business
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