Hi Lee!
How are you?
Thanks, yes, I am happy and well here with my new family here in Russia now...life is very interesting and I am gratefull for all the new experiences opening up every day...
Anyhow, yer up awefully late aintcha', lol, wasn't expecting any replies for a while...
To answer your question, yep, it's a gold chart...not sure what to think of it other than to create some conversation...I do know that some of these trading methods developed by Gann do work very well at times...and this particular one is developed for parabolic moves which always tend to end in the same way...
I might try a 'hedge' against my si. call by buying some near term 'way out of the money' puts in the next few trading days as this develops...
Anyways this '7-10 rule' implies the run can last up to 10 bars, does it not?
Maybe the fat round # of 2,000 is the 'magnet' this time around?
Hmmmmm.....
Take care,
Ronbo