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  • 2 days ago
For knowledge and entertainment purposes

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00:00The most important part of a chart is the lowest tick of the highest bar, the highest tick of the
00:05lowest bar. Let's try it. First, we're going to go to the one hour time frame. Here we have a
00:09nice
00:09trend. We're going to mark the highest tick on the lowest bar and the lowest tick on the highest
00:14bar. This will create great areas of supply and great areas of demand. If price hits our area of
00:19supply first, we're going to look for shorts. If price hits our area of demand first, we're going
00:24to look for long. If we look at our example, price hit our area of demand first. So we'll look
00:28for
00:28longs. Before we enter, we want to see if price will respect our area of demand first, which it
00:34does. Wait for price to come back down to the start of the move. Enter here. Set your stop loss
00:39below
00:39the area of demand. Set your take profit at the high. Mr. Gann said so beautifully.
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