Entry example aware of the 45-degree line of Gyan
Hello!
This is Satori, researching FX.
Today I will deliver an example entry that is aware of the 45-degree line of Gann.
The figure below is an example entry on EUR/USD 1-hour chart that follows Gann's 45-degree line.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/d/a/daf460e9.gif
In the above figure, when the trend is strong, it often moves above the 45-degree line, so the entry point is around or just when it breaks the upper edge of the blue triangle’s ~45-degree line.
The blue triangle is drawn after a certain trend appears, but whether it is above or below the approximate 45-degree line can be determined in advance from the indicator’s definition.
This is an example where the entry was made at a pullback buying point.
While the USD/JPY dropped sharply, the EUR/USD rose.
The indicators used today are as follows.
