MarketWarrior software Official Weblog

July 21, 2008

MarketWarrior and Squaring the Range

Filed under: trading — Tags: , , , , , — marketwarriorsoftware @ 10:41 pm

Written by:
Patrick Mikula CTA
Mikula Forecasting Company
www.MikulaForecasting.com
support@MikulaForecasting.com
Copyright © 2008 by Patrick Mikula All Rights Reserved.

Here is an example for using W.D. Gann’s Squaring the Range method. The chart below shows the Euro-Currency futures contract for September 2008. The top “M1″ and the bottom “M2″ are used for the measuring swing. The measuring swing is used to create the range that will be used to create the future grid to locate future cycle high and low points. Each red vertical line is separated at a distance equal to the size of the measuring swing. On the chart below the top at “A” occurred near a red vertical line. The bottom “B” also occurred near a red vertical line. Next the top at “C” also occurred near a red vertical line. based on this pattern we would line to see the next top or bottom in the Euro-Currency also occur on one of the red vertical lines. This method shows that the cycle size identified by the measuring swing is being repeated in the cycles that came after the measuring swing.

Square The Range

Square The Range

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