W. D. GANN The Theory of C1 & C2 Jan2016
Legendry Personalities Dedicated to my mentor Mr.Raju Chawksey ( from whom I learned the real meaning of sharing)
ADVANTAGES This theory will always make you sit in RIGHT TRAIN. You will always know in which side of trade we have to sit… BULLISH TRAIN OR BEARISH TRAIN ????? No need of any indicators, oscillators, moving averages, crossovers etc. etc.
Rules for C1 & C2 Gann indicated that in a strong trending market, Market will seldom correct more than 2 Candles/Bars before resuming the trend. If market corrects more than 2 candles/bars, it’s a very clear indication that the current trend has finished and a new trend starts now.
Continue… This theory is based on 3 Candles/bars. First of all, look for the previous trend. If the previous trend is Bullish then look for buy at C1 or C2. If the previous trend is Bearish then look for sell at C1 or at C2.
Bullish Case Bearish Case
Continued:….. Inside Bars are Zero Bars. ( Means do not count Inside Bars). Buy on dips at C1 and also at C2. Stoploss below the low of C1 and C2. (Bullish case) Sell on rise at C1 and also at C2. Stoploss above the high of C1 and C2. (Bearish Case)
Continued….. Look for confluence of levels before entering into the trade according to your trading system. I look for Square of 9 (Dynamic & Static), Gann Retracement levels, Gann Emblem levels, Gann swing levels, trend lines, price-time squaring … before entering into the trade. I trade on weekly, monthly & yearly charts. Stop-loss must be small as Small is Beautiful.
C1 is CORRECTION 1 C2 is CORRECTION 2 C3 is CORRECTION 3
BULLISH CASE
BEARISH CASE
SOME EXAMPLES ON MONTHLY CHARTS
CNX NIFTY
Bank Nifty
SBIN
ICICI BANK
TCS
YES BANK
DR. REDDY
SUN PHARMA
YEARLY CHARTS
CNX NIFTY
SBIN
CENTURY PLY
TATA MOTORS
Does this theory works on only Indian Markets Does this theory works on only Indian Markets?? Let’s check it on other markets also…
?
DOW JONES (DJIA)
CAC
AUSTRALIA (ASX200)
Apple Comp (AAPL)
Walt Disney (DIS)
CRUDE OIL
GOLD MONTHLY CHART
SILVER MONTHLY CHART
Presentation prepared by: Amar Deep Singh www. bullstrading. blogspot Presentation prepared by: Amar Deep Singh www.bullstrading.blogspot.com infobullstrading@yahoo.com CellNo. 099 11 9 11 11 0