Reply To: 3 Day Chart

Optuma Forums Optuma General Discussion 3 Day Chart Reply To: 3 Day Chart

#65009
Trevor R
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Hi Alexander,

One reason why Gann’s 3 trading-day swing charts generally started Mondays was that during most of Gann’s life the markets traded 6 days each week (except when there were holidays), so you automaticlly got 2 x 3 day periods each week. Saturday trading ceased in most markets in the early 1950s, so that blew that nice 2 x3 per week arrangement away.

Starting a 3 trading-day swing every Monday would mean you no longer had a 3 trading-day swing chart, but  a 3 + 2 trading-day swing chart, which goes against the rules for 3 trading-day swing chart construction.

Cheers

Trevor

  • This reply was modified 1 year ago by Trevor R.

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