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H1 H2 L1 L2 Etc.
For the life of me I cannot decipher what exactly a H1 is or any of the H's or L's thereafter, ie H2 H3 L2 L3. There don't seem to be enough similarities to the bars in the charts he is pointing at for me to draw out what he means. sometimes the arrows point to a bar that seems to me to be before the H1 or H2, sometimes it seems to be on a bar that is higher so would make sense and other times there seems to be no sense at all. Is there a video that explains this? I am almost through the second batch of videos and have seen these terms dozens of times and keep waiting for some obvious and consistent explanations of what he is talking about. Please help.
This thread helped others in the past:
That link brings me to a log in page which doesn't accept my log in info. More confusion
The link sends you to another web page so register there and you will have access to more learning resources (EMINI bar-by-bar analysis and webinar).
seems like I should already be a member of this
I am having the same issue. I did as user ludopuig said (created my account on that site - which seems to be a different site than this one) and now waiting for account activation on the Admin's end.
I agree this is a bit confusing, but I hope my account is activated soon so I can let you know how it went 😉
Hello again. My account has been activated (took less than an hour). I can now access the link posted by ludopuig in response to your original question. Good luck! 😉
I am not able to understand the concept of ABC pull back, Please help
You are in video 1, there are 100+ more in the course. I bet you will understand once you have gone thru all them... several times. Sorry, no shortcuts. Be patient and enjoy the trip!
I am also confused with H1, H2, L1, and L2. Is that forum link give you clarity? Chris Burns. I am requesting permission for that forum.
While I was reading his book, I considered H1/L1 as breaking the previous bar high/low but in his video, it seems different context (maybe I was wrong in understanding). It will be helpful if someone is cleared this up.
We've all been there. This is probably the most frequently asked question here 🙂
If all else fails, see bonus video no. 6.
I think of h1/and entry bar as one unit- h1 entry unit , h1 signal bar is the first bar where the low is below the prior bar and the following bar goes above this signal bar , when you see this unit- I consider it as h1 entry unit -
Bars in the bull flag, up to that signal bar ( H1) also have lower lows , but the H1 signal bar is followed by a bar ( signal bar) where the following bar ( entry bar)goes above it . can use the same principle for h2 entry unit ,
I am only looking for H1, H2 in bull flag for possible entry, and sometimes at the bottom of TR, H1 is the first sign that bulls are coming back to continue the upward trend , I pay attention to H1 and prepare and usually enter on H2 or H3 entry bar
As in the second reply, I am counting the bar. Also, I have created an indicator for TV too. But I got confused with L1, and L2 count exactly in the first video 14:35 min. L1 is not created low also L2 also not going below the low of the prior bar. That makes me confused. I need to try out bonus video 6 and post my feedback if it clears.
I referred AL's 1st book again, he explains very clearly about bar counting (h1, h2/ L1, L2). Yes, it's actually as in the thread which is shared in the 1st reply of this post. (thanks for the clear explanation - original post).
Still, I am curious to know why AL marks L1, and L2 in such a way in the first video (14:35 min).