[dandxg]

Originally Posted by BlowFish »

Whatever you think about the more esoteric Gann stuff he preached pretty robust money management ideas and wrote some pretty solid stuff on price action. You don't really need much more than that.

Its funny you mention that because when I heard Tim Morge speak he said he really loves AP, but if it weren't for the often 3-1 R to R he wouldn't use it.

[dandxg]

Originally Posted by dandxg »

I will take it this still a serious discussion that I have been thinking a lot about lately. I came into trading being told that Gann was nonsense, it didn't work, all that from people like Alexander Elder and his kid. I spend a good deal of time learning VSA and Wyckoff. I am changing my attitude on Gann having spoke to people that use his methods and trying some of the more elementary stuff myself. Stuff like Murrey Math which work pretty well used in conjunction with Wyckoff. If you step back from the mystique and look at the earlier workings of Gann its all based on geometry. Pyrapoint looks promising but I can only bite off so much. The astro stuff I haven't delved into much.

What it comes down to is do you believe you can predict cycles. Some astro ppl are calling for a big move on March 10, Mars Direct, most of the say up. A software from the Foundation For the Study of Cycles predicts an up move about March 12th. Will be interesting to see.

P.S if I didn't spell it out clearly, cuz Im tired, is the compliment each other. Use volume to determine if a Gann angle will turn there. The funny thing is Gann viewed time the most important, price second, and last volume so a bit of a direct conflict there but I use them together.

I only have access to FFSC software for another day and their weekly cycle turn date is now March 19th and March 17 for daily. This stuff has a plus minus factor of 1 and I am still watching and learning with cautious dose of obtimism.

[BlowFish]

Originally Posted by dandxg »

Its funny you mention that because when I heard Tim Morge speak he said he really loves AP, but if it weren't for the often 3-1 R to R he wouldn't use it.

I really like how Tim talks through trade management. A great grasp of price action and using it in ongoing trade management. While he likes the big R:R he is pragmatic enough to acknowledge it is not the only way and will happily (and I mean happily) allow himself to be stopped out for a lot less. Still whatever your approach Tim's stuff is great for how to work a trade.