“Can I exploit the IQ FX Gann Ranges indicator on the M15 chart?”
It is a query we hear typically from our merchants.
The quick reply is — Sure, completely!
However in the event you’re aiming for the very best entries with the bottom stop-loss and highest risk-reward, there’s one thing necessary it is best to know…
Let’s Break It Down with Actual Chart Examples
1. GBPJPY M15 Chart – Sturdy Response at Gann Main R1
Within the above chart, we see GBPJPY on the M15 timeframe, the place the worth completely touched the Gann Main R1 degree.
It even shaped a spinning prime candlestick, which is a traditional signal of market indecision, and infrequently a reversal.
As anticipated, the market reversed sharply from that degree.
✅ Gann Ranges labored superbly right here.
However…
2. GBPJPY M5 Chart – Earlier Sign, Higher Entry
For those who had zoomed into the M5 chart, you’d have noticed that the spinning prime candlestick really appeared a bit earlier.
Meaning, through the use of M5 for entries, you could possibly’ve gotten in sooner, with a tighter stop-loss, and caught a bigger portion of the transfer.
📌 Professional Tip: Gann Ranges forecast the important thing ranges. However the candlestick formation on decrease timeframes provides you surgical precision for entries.
3. GBPJPY M5 – 95+ Pips Transfer from Dragonfly Doji at Gann Minor S2
Now right here’s the place it will get thrilling…
The market shaped a dragonfly doji close to Gann Minor S2, we have now highlighted it within the above chart.
From there, GBPJPY flew up over 95+ pips.
💡 Think about in the event you had waited for affirmation on M15, you would possibly’ve missed a big a part of that transfer.
However the M5 chart gave a clear and early sign, providing you with the prospect to seize extra pips with much less danger.
🎯 So What’s the Excellent Setup?
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You should use the IQ FX Gann Ranges on M15 to establish key zones (like Main/Minor R1, R2, S1, S2).
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Then swap to M5 timeframe to your precise entry and stop-loss setup.
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Search for candlestick patterns that may inform you extra about your entry & exit level with excessive precision.
✅ Ultimate Ideas
Gann buying and selling isn’t nearly following these ranges, it’s about timing your entries round these ranges.
The IQ FX Gann Ranges indicator provides you the map. This indicator does not snatch away your freedom and your individual buying and selling determination that aligns with YOUR buying and selling model by telling you the place your take revenue or stop-loss ought to be, like different Gann indicators chances are you’ll discover on the market.
However utilizing the M5 chart for entries provides you the precision of a sniper, not only a shotgun method.
It’s how sensible merchants flip good trades into nice ones.
When you begin combining the facility of Gann ranges accuracy of decrease timeframe with candlestick or worth motion sample entries,
you’ll start to see how mind-blowingly efficient this technique actually is.
💬 Bought questions? Drop them under or message us immediately.
Comfortable buying and selling, and will the pips be with you!
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