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 NEWYEAR
COPPER UPDATE:AUGUST 11TH
LAST WEEK INSIDE BAR. SO , THIS WEEK COPPER BREAK ABOVE 902 RESISTANCE ARE -905.40-916.75-930-937.60-945-978.85-1068. IF COPPER BREAK BELOW 860 SUPPORT ARE -858.50-851-831-826.45-795-789-775.10-762-756-752.50-738.90-730.45-724.10-722.40-707-699-694-675-669-663-656.50--649-640.60-630.70-626.65-620.60-617.45-613.50-600.60-593-586-578-573-561-557-553. THIS WEEK PRESSURE DATE AUGUST 11TH TRADE CAREFUL USING THIS LEVEL.
COPPER MAJOR RESISTANCE AND SUPPORT ARE 920.85 AND 842 WEEKLY CLOSING BASIS AND MONTHLY CLOSING BASIS ARE 934 AND 837.60
WEEKLY PLANETARY DATE'S AUGUST 11TH
FINANCIAL ASTROLOGY: ON MONDAY,SATURN SEXTILE URANUS. ON FRIDAY M.OON TRINES MERCURY. THIS WEEK KEY REVERSAL DAY OR TURNING POINT ARE LIKE TO BE ON MONDAY, 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 THIS WEEK KEY PLANETARY RESISTANCE 3408 BREAK ABOVE THIS LEVEL NEXT RESISTANCE -3432-3506-3600-3625.50. THIS WEEK KEY PLANETARY SUPPORT 3344 BREAK BELOW THIS LEVEL NEXT SUPPORT ARE -3309-3282-3272-3244-3222-3104.70-3066-3022.64-2974-2933-2916.80-2900-2863-2807-2735.80-2718-2708-2702-2674-2667-2632-2619-2608-2602-2554-2493-2458-2430-2420-2388-2349-2327-2306-2297-2280-2228-2174.75-2166.45--2149.70-2144-2101-2061.50-2052-2030.60-2022.88-2014.89-2005.16-2001-1992-1978-1971.71-1956.41-1945-1929-1911-1896-1857-1820-1790-1778-1753.
BEFORE you trade just ask 4 questions to yourself :
a) what is your entry level?
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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