Pandas Place

soumya ranjan panda asked:


Gann Calculator Explained

 

Introduction: Gann calculator in the initial days of its introduction got very good response from the traders and investors.  Many experienced the benefit of this calculator and expressed their experience and difficulties. I am going to describe all these aspects in this user manual. It is an authentic tool and its construction-base-formulas you can get from my books Gann’s Method . As I have said to all my readers and seminarians before that it is not a secrete tool. It is the simple mathematical formula as given by W.D.Gann and I have just simplified and used it for developing this application.  I feel it is the need of the time I should explain how to use this calculator with some example.

 

Swing Trading:  Swing Trading is the base and the mother of this calculator. In my words the definition of Swing Trading is “trade in the direction of the price movement”. Price movement of a stock as explained by Gann and Elliot follows the harmonic motion. One step forward I will say that it follows the random Brownian motion. Who determine this motion? The traders or the investors determine. The behaviour of a trader or investor is again driven by the fear and confidence. I will not use the word greed in this context. As a swing trader you need to find out the price points which generate fear or confidence. These are the points I can name as swing turning points or resistance and support points. Though this is a complex job but now a day it is getting simplified by the use of s/w tools. Gann’s calculator does the job of calculating these swing turning points which I have named as the resistances, supports, buy entry, sell entry points.

Gann calculator: The swing 2 supports and resistance point which I belief as the decisive point for a buy or sell entry, is being named as buy entry and sell entry in the calculator respectively. In gann’s calculator I have used the square root formula and degree to factor formula for calculating the different supports and resistances. I have taken 180 degree factor as 1 and based on this in every 15 degree and its multiple I have calculated the resistance and supports.

 

You must ask me why 15 degree and its multiples? Considering one full day as 24 hours and one cycle as 360 degree I found each one hour in a day is 15 degree. My second argument is elementary mathematics says that 1 degree as 4 minutes hence one hour is 15 degree .

 

You must ask me why should I belief on the last hours swing high and low for forecasting the future price? In many statistical tools like MACD, Bollinger band or finding the chart patterns you are using much older data points. Even in intraday chart also if you are using these tools then without your knowledge you are using many past data points. Hence it is nothing wrong in using only two dynamic swings high and low data point in this calculator.

 

How to use it? Take past one hours swing high and low as input it will calculate the resistances, supports and key resistance and key support levels. The buy entry and sell entry prices calculated by the Gann Calculator are nothing but the Swing 2 resistance and support points. In less volatile day you may encounter the congestion. Congestion is nothing but the buy entry and sells entry prices will be placed very near to each other say with Rs2 to Rs 3 difference. Same also you can encounter in the resistances and supports. In this case change your swing high and low points to a wider one or make the buy entry or sell entry above or below the 1st target point or trade between the band means between any two resistances, supports, and stop loss points. Make a practice to change the swing high and low points time and again in every one hour. If your position runs in profit then use the trailing stoploss technique to maximise profit.

 

This calculator is working and I have hundreds and thousand of proof for that. If you feel that why I am sharing this wonderful tool with you then I have the simple answer that knowledge is God gifted and I want to share with you. It is upto you to accept it or not. Critics will never stop me sharing the knowledge with any one. I will advise if any one is getting pained my by act of sharing then better stop thinking about this calculator.

 

 

My way to identify the swing high and low:

You can follow any one way for identifying the swing high and low.



High and low price in a particular time frame. The minimum time you must take for the observation is one hour.

Take the previous days last hour high and low for next days 1st hour trade provided global sentiments must be neutral during the non trading hours of our market.

If the current price action of the script is trending then take the low or high follows the trend high or low.

If you encounter congestion then take the high and low in greater time interval.



 

 

 

Now see some examples which I feel will thrill you. I will also explain how you will enter a trade.

 

Example 1:  consider the Nifty spot one hour data from 10 to 11 a.m on 12th august 2008.Its high was 4634 and low was 4598.

Using this data in the intraday calculator I found that my key supports are 4600-4566-4498 and resistances are 4631-4666-4735. You can use this data in the calculator and test its accuracy.

At 11:05 a.m. it has fallen and found support at 4565, 11:30 it touched high 4599 and fallen. Hence it is confirmed in the next half an hour nifty was very much within the band of my calculated support 1 and support 2.

 

From trading point of view if I miss the chance to enter the short trade at 4611 then better in this junction I will wait or change my data points. Second observation is the bounce from the low 4565 failed to cross the 1st support 4600. So now the support turns into resistance as per basic technical analysis concept for next half an hour. In this junction also I can go short with my initial stoploss as 4611 and second stoploss as 4631 and target as 4565. See in the next half an hour nifty created new low of 4557 at 11:52 a.m.

 

In this example I have used the past one hour high and low points for my observation and calculated all the resistance and support values for the next hour. It is not guaranteed that I will achieve my target or stop loss in the next one hour. It is just a mathematical assumption based on my observation. I will suggest all of you to treat this calculator as an alternative software tool as you treat all other indicators and tools.   

 

Example 2: consider reliance industry high and low in a time period from 10 a.m. to 12 p.m. on 13th august 2008. It was a trending day for reliance because it was creating higher high and higher low. My Swing high and swing low for this two hour period is 2353 and 2315 respectively. 

 



 

Using these two values on the gann calculator I got the following values:

 

Long entry price was: 2331 target 2339-2347-2363-2412

Short entry price was: 2337 target 2329-2320-2304-2256

 

Since it was a trending market for RIL and it was creating the higher high and higher low and the current price is much above my second target point and trending upward. I will use this swing action to enter a buy trade keeping my 1st stoploss as 2339 which is my key resistance, which turn into the support and my target will be 2363. I will come out of the trade at 2363 or slightly below that because this is the 3rd level of target and important resistance point.  

 

Again I have observed that after touching the high of 2373.65 the price has started retracing back. Now I will change my swing low and high. The low as 2339 and high as 2373.65.  The stock price 2339 is the low which the stock has made just before making this high of 2373.65. You can say this is the high following the low. Notice it carefully I have not taken the hourly high or low rather I have taken the latest low preceding the high.  

 

Why this deviation in principle?  If the current price action is against the previous trending nature of the price then you need to make this deviation. In the second case scenario if the price continues its trending behaviour then also this deviation in principle will come in to focus. 

 

Using these two values 2373.65 and 2339 I got

 

Short entry price was: 2358

 Long entry price was: 2355

 

This is congestion because the difference is only Rs 3 /- so now I will shift my focus to the 1st level of target for both the long and short. As per my calculation 1st long and short targets are 2363 and 2349. These two prices will act as my new long entry and short entry points. More precisely I will buy reliance above 2363 and sell below 2349.  My stoploss for the sell entry will be 2358-2374-2398 and stoploss for buy trade will be 2355-2339-2314

 

Observe the second part of the calculator which flags the important support and resistance points. my entry points also coincide with the 1st level of resistance and support.

 

As you can observe from the chart at 12:35 p.m after drifting to the level of 2362 the stock has a minor bounce back to 2366 and the greater downward action started once it has broken the level of 2349. My target level of short entry was 2342-2326-2277. You can say it as a coincident or a mathematical wonder.



At 1:30 p.m. stock touched 2341 and bounced back to 2349 level.

At 2:20 p.m. stock touched the day’s low of 2326 level.



 

Though Gann’s other method is to calculate the time action but it is beyond the scope of this calculator. You can read all those methods in my book Gann’s method.

 

Read the following section for white paper proof:

#1: At 10:20 p.m. taking the nifty future high as 4302 and low as 4279 on the Gann calculator . We have identified the swing turning points as follows. Buy above 4301 for target 4312-4323-4345, stop loss 4279-4246 and sell below 4280 stop loss 4335 and target 4269-4258-4237. At 10:20 Nifty future was trading at 4283

 

Using the current price and past time squaring action the targets and stop loss was expected to trigger before 2 p.m. . In fact once the swing turning point of sell entry was triggered the 1st target 4269 was achieved within 15 minutes and then it followed the 2nd target and made intraday low of 4256.65 till 2.30

#2: at 11.05 taking  RIL future high as 4156.4 and low as 4120 on the Gann calculator . We have identified the swing turning points as follows. Buy above 2135 stop loss 2120-2097 and target 2143-2151-2166 and sell below 2141 stop loss 2156-2180 target 2133-2126-2110-2065. Though the stock was quoting at 2125 at that time but I will not make a short entry because my 2nd target for the short entry is almost achieved. Around 11:30 we got the swing buy price trigger on the chart 2135. As per the current price and past time squaring action the 1st target for the buy entry must come within one hour and 30 minutes from the buy entry trigger time. At 12:08 I achieved my 1st target 2143 and retraced back from 2147 level and touched the short entry trigger price below 2140 at 12:20. And achieved the 1st target around 1 p.m. . . .

 

Any one can master the gann’s price squaring action just with simple practice and little bit of analytical knowledge and by using the FREE calculator available in my web site www.smartfinance.co.in . 

 

Conclusion: this Gann’s calculator is a mathematical application. It is being developed using the price to price squaring action of Gann’s method. It is my advice to all the traders/ investors to treat this application as an informative and educational tool.

 Regards

Soumya Ranjan Panda

www.smartfinance.co.in

Disclaimer: The information or data contained in this document is neither guarantees not offers any recommendation to buy or sell any security. The mathematical simulation process used in the Gann calculator or explained in this article does not offer any recommendation to buy or sell any security. The author or the publisher or the developer of this application does not responsible for any kind of trading loss incur by the trader or the investor by the use of this application.

 

 

 

 

 

 

MARKHILLE C asked:


Why should pandas be protected from extinction?

playthatfunkymusictillyoudie asked:


The San Diego Zoo has a contract with China expiring in 2008, and 4 panda cubs have been born there. San Diego pays China 1 million a year to keep the 2 giant pandas in captivity. After the contract is up, do we keep the pandas born here to reproduce and make more pandas!?

Littleazngirl asked:


What do giant pandas do when they get too hot? Do they sweat or something? Please answer this question. Thanks.

AssociatedPress asked:

Two giant pandas being gifted to Taiwan by China as a goodwill gesture are said to be in good health at their home in Sichuan’s Ya’an Conservation area. (Nov. 4)

Krista QQ(www.123giftfactory.com) asked:


For the last few weeks, we’ve been highlighting great Olympic souvenires where proceeds go to support the athletes of the China Olympics Team.

* More ideas about how to give away a gift, pls see my site: www.123giftfactory.com



While most of us can’t jet off to Beijing for opening ceremonies today, you can get your own Olympics souvenir with various great gifts featured with Olympic Games Colors, such as the official mascot plush toys, Olympic pins, a metal replica Olympic torch, a Athens design paperweight or stress-balls, and so on.

So, let’s see which gift idea in this Olympics season we favorite?

For Your Little Kids



- Beijing Olympics Mascots (2008 Summer Olympics Gifts)



Even if your kids don’t know badminton from taekwondo, they can still appreciate the Olympic spirit in the form of these cuddly fuwa (that’s Chinese for “good luck dolls”). These colorful critters represent some of China’s most popular creatures. There’s BeiBei the fish, JingJing the panda, YingYing the antelope, NiNi the swallow and HuanHuan the Olympic flame. Put their names together and you get “Welcome to Beijing.” These pocket-sized collectibles are certainly a step up from mascots in the past, and are great way to educate little ones about the Olympic games and Chinese culture.

Fuwa, The Official Mascots of the Beijing 2008 Olympic Games, carry a message of peace and friendship to children all over the world. Representing the five colors of the Olympic Rings, Fuwa express the playful qualities of children and are characteristic of four of China’s most popular animals — the Fish, the Panda, the Tibetan Antelope, the Swallow — and the Olympic Flame.

For Your Friends



- Beijing Olympic Pins (2008 Summer Olympics Gifts)

Olympics Pin Trading has been around since the first modern Olympics in 1896. The first “pins” were originally cardboard discs that were designed to identify athletes by their countries, officials, and the press. Some Olympians that year started to trade their own badges with others as gestures of goodwill, and a tradition was started. To the right, you see an image of a judge’s pin from the 1900 Olympics in Paris.

In the next few decades, more official pins were created to identify different groups, from the International Olympic Committee to members of the media. The pins started to become more stylized and resemble jewelry and eventually were produced for sale to spectators as well as participants. By the time of the 1924 Summer Games in Paris, the concept of the Olympic Village began, and so participants in the Olympics started to exchange their countries’ pins in earnest.

From 1933 to 1936, more than 1 million pins were sold to the public to help underwrite the games in Germany. To the right, you see the very rare pin from the 1936 Berlin Games. In 1940, even though the Olympics were cancelled during the war, pins were still produced.

In 1968’s games in Mexico City, the pin with a clitch to fasten the pin to clothing, which has become the norm today, was introduced. Pin collecting and pin trading took off in a big way in the Lake Placid Winter Games in 1980 and the Los Angeles Summer Games in 1984. Since then, it’s become an international event in itself.

Here are some pins from this year’s Olympics in Beijing, for sale from the official shop of the US Olympic Team. These all have the official Beijing 2008 logo. Unlike with other pin shops, you can be sure these proceeds will go directly to support our athletes. Just click on any pin, and you’ll be brought to the Olympic Store to buy it.

For Your Parents, Teachers or other Eldership Persons



- Beijing Olympic Torches (2008 Summer Olympics Gifts)

Couldn’t get near the real Olympic torch as it made its way round the world? Still keen to hijack the sacred flame for your own political ends?

Hey presto – stage your own Olympic protest with this splendid metal replica torch – only £221.19, including a small Perspex base.

NB Heavy-handed policemen and ex-sportsman torch-bearer not included.

Or

- Beijing Olympic Paperweights and Stress-balls (2008 Summer Olympics Gifts)



Paperweights and stress-balls are so Athens 2004.

The must-have desk toy of 2008 is a 1:1200 replica of Bird’s Nest in gold-painted aluminum – a steal at just £153.55.

If that’s not enough to impress the drones who work under you, splash out a little extra on a foot-long glue glass replica of the Water Cube on a classy glass and metal plinth (£298.23).

Then, when you bag an inflation-busting bonus, blow a chunk of it on a Beijing 2008-branded replica Ming vase in hand-glazed porcelain.

If you can’t manage to claim the £3,799 back against tax, you need to get yourself a new accountant.

For Your Babies



- Cute Baby Olympic One-piece and Bib for the Future Olympian (2008 Summer Olympics Gifts)

Is there a little 0 to 6 month old in your life who already crawls at world record pace AND who already loves to hit, dive, jump, and dribble with the best of them?

Here’s the cutest little gift from the US Olympic Shop. It’s a little one-piece and bib for an infant with the Team USA Olympic Rings and the words “FUTURE OLYMPIAN” across the front in maroon on both pieces. Both are 100% cotton, and the bib has a velcro closure.

For Your Girlfriends



- 2008 Beijing china tea set (2008 Summer Olympics Gifts)

I believe that girls or women are sure to be impressed by a Beijing 2008 china tea set, decorated with illustrations of unisex tumbling gymnasts and straining pole-vaulters(about US50 ).

Then, for those big nights out the Cambridge Arts Theatre, what about a necklace of fake pearls with a Beijing 2008-logo clasp (about US30)?

The must-have look autumn/winter 2008? A poly-cotton lime-green tie with a discreet in-laid pattern of the Olympic rings. .

Considering of money saving, accessories it with a set of tinny Beijing-branded cufflinks in dull metallic grey – US$8 the pair.

For Your Boyfriend who like Football



 

- Want to also have an Olympic athletes T-shirt? (2008 Summer Olympics Gifts)

If you look at pictures of the Brazil or Argentina athletes in the Olympic Village, you’ll see them wearing these very stylish polo shirts, T-shirts …from Nike, of all companies.

The shirt has the official Olympics logo on the right chest, the Nike swoosh on the left, and the words ‘Beijing” on the left sleeve to commemorate the 2008 Games. It’s an extremely comfortable and light shirt, made of 65% cotton and 35% polyester (also known as NikeFIT DRY for its comfort and its ability to let your skin breathe).

At a reasonable price of $44.99, it’s certainly more affordable than the polo shirts with the horses. And of course, a portion of your proceeds goes to help the great USA Athletes who have been doing our country proud throughout these last 12 days.

For Yourself



- Have an Olympic Ball from China (2008 Summer Olympics Gifts)

These are three souvenir balls from the 2008 Beijing Olympics, specifically a souvenir basketball, souvenir soccer ball, and a souvenir volleyball.

They’re all regulation-sized, so you can use them for playing these three sports. But they also make great souvenirs from the Games, as they also come with the official 2008 Summer Olympics logo, the words “Beijing 2008?, and the Olympic Rings on them, as well as the official mascots BeiBei, JingJing, HuanHuan, YingYing, and NiNi. You can read all about the meaning of the logo and the story behind the mascots here.

kjpandas asked:

Watch mother and daughter eating some crunchy bamboo together. Look at the size of some of the Bamboo panda cub Su Lin is able to tackle. The two of them really seem to be enjoying this particular bamboo.

lut21 asked:

Como hacer pandas de papel?

Love of Environment asked:


Please answer my question!

wavyhair88 asked:


i also need to write what i think could be done about this… but i can’t get proper answers for this ..i am stuck with only 4 days left… please help me!