How to use Gann Number

How to use Gann Number :

 

Whenever the stock or Stock future high or low price resultant comes at single digit number and match with my discovered Gann number that high or low will act as resistance or support for that stock or stock future. 

 If stock or stock future high price  resultant match with Gann number you will go short and Stop loss as the high of that single number resultant price bar.

(Ex : stock/future price : 1234.05 you add all the numbers and you get resultant with a single digit number i.e., = 1+2+3+4+0+5 = 15 = 1+5 = 6 is the single resultant number)

Likewise, If stock or stock future low price  single resultant number match with Gann number you will go long and Stop loss as the low of that single number resultant price bar. 

If it is buy as per Gann number, if you  made any decent profits you should book profits otherwise you may wait for another Gann number at High. If that High not crossed/not closed above the high on subsequent day immediately exit the position. Optional : If the High Gann number not crossed on subsequent day use that High as Stop loss to initiate new positions.  

If it is sell/short as per Gann number, if you made any decent profits you should book profits otherwise you may wait for another Gann number at low. If that low not broken/and closed above that low on subsequent day immediately exit the position. Optional : If the Low Gann number not violated on subsequent day use that Low as Stop loss to initiate new positions. 

Another technique for this Gann number system is if you are in a short position in a future and after prolonged downside the low price resultant comes at Gann number, and you have not booked profits at that time and you are expecting more  downside to book the profits. In that case, if the 30 mt. time frame candle closes above the low of that Gann number candle you must exist your position. If you are aggressive trader you may try to go long as stop of that Gann low. 

If you are a not a day trader and you have short position in futures a close above the Gann Number low price bar on EOD basis you must close the position, reverse for long side. 

In another method, if the Gann number high or low broken, you may act accordingly which side it has broken and initiate trade as stop loss of that bar high or low based on your trade. 

In this system EOD close above the Gann number high or low number important.  

As per best of my knowledge I have explained how to use the Gann Law of Vibration system. 

This article must be posted with my previous article of  What is Gann Number? article, but I missed to write this article for new readers. Today when reading the blog, I realized that. 

Sorry for the inconvenience caused in this regard.