Many traders believe Gann just used the squares in a table form. Like squares of 9, 12, 144, etc. But that’s a wrong perception.
Gann used the squares in a table for further higher purposes, not for swing (short-term) or day-to-day trades. And for swing or day-to-day trades, Gann used the concept of SQUARES in a unique way, and to that concept, I call ‘TREND SQUARE.’
Let’s have a look at today’s Nifty Intraday 05-minute chart to understand how the TREND SQUARE method works.
Nifty today opened with a gap-up. By seeing that, an intraday trader would have gone for a buy trade. But soon, bears dragged the market towards the lower side. And that’s where the knowledge of our TREND SQUARE method comes into play.
Of course, the Nifty opened a gap-up, but it made the high at the TREND SQUARE resistance level. And then, around 10:00 am, it gave the signal for a sell trade. And from that sell signal, it fell nearly 150 points.
So, remember, the knowledge of Gann’s Square method is not just limited to the square of 9 or 12, etc. And for swing or day-to-day trades, Gann used other squares based on the understanding of the laws of nature, about which Gann had talked in his books and courses.
And luckily, now you can gain access to the TREND SQUARE course, where you will learn a totally unique way of locating and using the squares which most Gann traders don’t know.
So, don’t miss the opportunity to learn a simple but powerful trading concept of squares. You can mail me here to know the fees of the course.
