Bond ETF with Gann Angles

By: readtheticker | Thu, Jun 2, 2016
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Bond ETF with Gann Angles

When the TLT rises the 10 to 30 yield is falling. Current bond prices suggest that it a time to tool up!

Previous Post: Higher interest rates not expected in longer term bonds

Why Gann Angles?

Simply, the best element is that a Gann Angle requires only 1 point on the chart to draw. The rest is letting price and time measure the price action of the stock.

1x1 means time and price are moving equally.
1x2 means price is moving 2 times faster than time. A fast price mover!

William Gann used many tool, readtheticker.com like the simple tools. When price action is controlled by Gann Angles investing (swing or momentum) confidence is very high.

Using Gann Angles tools with other readtheticker.com indicators is a great marriage (RTT Steps, RTTTrendPowerOBV, RTTOBV, etc).

TLT Weekly Chart

Investing Quote...

"Don't take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don't be an impatient trader." ~ Jesse Livermore

"Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it." ~ Warren Buffett

"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." ~ Nobel Laureate for Economics Paul Samuelson

"One must search through a maze of complex and contradictory details to get to the significant facts ... Then he must be able to operate coldly, clearly, and skilfully on the basis of those facts." The challenge for the successful speculator is "how to disentangle the cold hard facts from the rather warm feelings of the people dealing with the facts." Moreover, "if you get all the facts, your judgment can be right; if you don't get all the facts, it can't be right." ~ Bernard Baruch

"The stock market is filled with individuals who know the price of everything, but the value of nothing." ~ Philip Fisher

 


 

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Author: readtheticker

readtheticker
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