Search result for:  H1 H2

There's also a Bar Counting section in the encyclopedia that provides good context regarding H and L bar counting, which is about reversal attempts and tradable formations that failure of such attempts create.

This forum post gets into it fairly well:

Are there other resources or a blog post better describing H1, H2, or L1, L2? Unfortunately, the video audio is a little delayed compared to the pointer, so when I think I grasp the concept, I just become confused again.

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).

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 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 ...

We've all been there. This is probably the most frequently asked question here 🙂 If all else fails, see bonus video no. 6.

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.

Check out the daily report of 11th May 2022 and you'll find it. If not, check out 10th and 12th as well and it should be there.

By any chance, have a link to the post?

👍

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!

Hi Abir, Thank you very much for the explanation. Appreciate your help very much. I am still learning and going through the initial sections. Yes Sure. I will ask whenever I have things to clarify. I am good for now. Thanks again.

Yes. Thank you for referring to the page from Brad. That was helpful