Quote:
Originally Posted by kagein
I seriously doubt the regular contributors use that, i personally dont. You dont have to predict future s/r levels, the idea is that old s/r levels are still valid unless price tells you otherwise. So as its been said many times in this thread, look to your left to identify low risk areas to initiate a trade. I wouldn't try and predict prices if i were you, you develop a bias instead of having an open plan that covers all possible scenarios.
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Yep, George has nailed it right there.
If using Gann assists you or anyone else to consistently turn a profit out there, then I guess you'll use it to compliment your ticket.
I'm not against anything which helps someone progress their work or adds confidence, each to their own.
What you see is what you get on here. Our folks have used the exact same templates down the years in one form or another (obviously updated as technology has progressed), & we've used them from the get go.
It really is all that's required.