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Robert24
May 23, 2014 9:26 PM

EURUSD 60 set up for Gann angles 

Euro Fx/U.S. DollarFXCM

Description

This chart has SCALE LOCK on. You can move the whole chart up and down by holding the left mouse button and moving the chart. It can also be zoomed in on. Scale lock setting is a much better way to view a chart in my opinion. Autoscale really screws the picture up in this program.
Still coming down. Should be a pop shortly.
This chart was set up by using the angle tool in the trendline toolbox. Just pick an angle that you think should be 45 degree (usually a major move) and anchor the angle at the base. Leave the other end unanchored.
Now click the angle and go into (format and coordinates). Set the degree at 45.
Unlock all scales. Move the days bar along the bottom UNTIL the other end of the angle lines up with the 2nd real point (remember the 1st point is already anchored).
Now lock the scale and see if the angle stays fixed over that proper 2nd position.
I then set up a fib speed arc (only need 1 arc) and I use the arrow tool with a horizontal and vertical line. I make it so the settings work out by using their coordinates. The vertical and horizontal arrows should touch the top and right side on the circle. The scale should already be set before you do this. It's a safety for when the scale lock blows out which it always does.
Comments
pezq
.....and what would be your trade idea? (medium term)
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