Many traders use ‘Time‘ to identify a ‘Turning Bar’ or ‘Turning Time’. That’s the most common way to use ‘Time‘.
However, Time has a greater potential that goes beyond just locating these points.
Most Gann students and traders are unaware of the greater potential of ‘Time’ as they only know the ordinary method(s) for using it.
Here’s an Intraday 5-minute chart of the Nifty 50 Index.
On this chart, we used the Concept of Time to find the ‘Trend‘ and then to Find the Price at which that trend would change.
Instead of looking for a bar that could produce a turn in time, we used the ‘Time’ to define a ‘Trend’ and to Identify Change in that defined ‘Trend‘.
This approach is the smartest (and most profitable) way to utilize the concept of time, which many traders unfortunately lack.
In reality, you will not find this type of use of ‘Time’ on social media or YouTube because most self-proclaimed Gann experts are only aware of partial truths and partial methods of using time.
On the above 5-minute chart of the Nifty 50 Index, we have used one of our proprietary trading methods, the ‘Hook Timing Method’.
The ‘Hook Timing Method’ is a trading method based on WD Gann’s Secret Principle that combines ‘Natural numbers, Price, and Time’ to identify market trends and reversals in those trends accurately.
Here is a link that will take you to more information about the ‘Hook Timing Method’ course. –Divesh
