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Ganns Angle theory best tool to judge fast money

Courtesy of Read the Ticker.

ganns-angle-theory-best-tool-to-judge-fast-moneyAfter all investors would rather hold Amazon Inc rather than Coco Cola Inc these last few years. Angle theory is the best measuring stick to ensure investors success.



Richard Wyckoff logic is very good at determining trend reversals and continuations out of periods of consolidations. William Gann angles help the investor with the speed of return. Gann angles require 1 chart point to draw and they represent TIME units versus PRICE units. After all investors would prefer 4 units of price to 1 unit of time, so if unit of time is 1 year, and unit of price is $100, the 1×4 is gain is 1 year of time to $400 of price. That’s nice if you can get it, and hold it when you find it!



readtheticker.com blog has been promoting the idea of gold and gold stocks as a new trend. Newmont is very Gann Angle friendly, below we are expecting the NEM to obey the blue 1×2 Gann Angle to higher highs. Price broke the recent 1×4 angle, after holding to it for a while.



Gann Angle theory does work, and works well supporting Richard Wyckoff logic, actually Richard Ney was very successful combing these ideas together within his versions of investing.





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NEM




NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..”Success in trading means excess of profits over losses. If anyone tells you they can almost be invariably successful, put him down as trying to impose on your credulity.”..



Richard D Wyckoff





..”Markets are designed to allow individuals to look after their private needs and to pursue profit. It’s really a great invention and I wouldn’t under-estimate the value of that, but they’re not designed to take care of social needs”..



George Soros







..”October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”..



Mark Twain





..”A market is the combined behavior of thousands of people responding to information, misinformation and whim”..



Kenneth Chang





..”it is better to have few stocks and to watch them carefully”…



Bernard Burach








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Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!