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# | Post Title | Result Info | Date | User | Forum |
RE: H1 H2 and L1 L2 | 0 Relevance | 2 years ago | Abir Chatterjee | 02 Chart Basics and Price Action | |
Bigger swings yes. No need to consider them on a higher timeframe though. When you're starting out, you don't need to look at different timeframes. Looking at one will do. You just need to make sure that you're aware of what is happening on the timeframe you're looking at and trade that accordingly. You can look at different timeframes when you're capable of finding patterns on the one you started out on, that'll add more ammunition to your arsenal. All the patterns work, regardless of how small or large it is. You just need to identify whether it is relevant enough for your consideration. There are several smaller patterns that keep forming through the day and it is upto a trader's discretion whether to consider it in their trading decisions or not. If the pattern is too small - odd are the consequences might not be worth trading and you'll just end up managing your trade more than you need to. It is a discretionary thing - you'll have to get a feel of it. This feeling or intuition comes with studying the course to the full, repeating it over and over until you can't find any new information in it and applying what you're learning in real time. If you have something specific in mind, do share. Either me or someone else who is much more experienced than me will be able to share their insights. | |||||
RE: H1 H2 and L1 L2 | 0 Relevance | 2 years ago | VK | 02 Chart Basics and Price Action | |
thank you very much for the response Abir. It helps. I wanted to test if I got the idea correct and that is why I tried to identify all the H1s and H2s I could find..... Yes I got a bit confused on the bigger double tops and bottoms.... If I understand correctly, you might be referring to bigger swings and considering then in higher time frames? But one doubt I have with regards to that is, what is the criteria that I should use to determine if its big enough for consideration.. Because the price might be making h3 or h4 already as the swings get bigger. T ... | |||||
RE: H1 H2 and L1 L2 | 0 Relevance | 2 years ago | Abir Chatterjee | 02 Chart Basics and Price Action | |
You got the general idea spot on. There are a few places here and there where I might reset the count but that doesn't mean yours isn't right. Just keep something in mind, while you're looking for H1 , H2, H3 etc. in a bull trend, you'll eventually need to watch out for the L1, L2, L3 etc. as well. The market tops and bottoms will always be a variation of these specific patterns, right? No other way. One more thing, you are looking for very minute H1/H2 or L1/L2 patterns. Even the bigger double tops and bottoms are also H1/H2 or L1/L2 patterns.(This point ... | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 2 years ago | Axel Shaw | 01 Terminology | |
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! 😉 | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 2 years ago | Axel Shaw | 01 Terminology | |
@Chris Burns 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 😉 | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 2 years ago | Chris Burns | 01 Terminology | |
seems like I should already be a member of this | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 2 years ago | ludopuig | 01 Terminology | |
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). | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 2 years ago | Chris Burns | 01 Terminology | |
That link brings me to a log in page which doesn't accept my log in info. More confusion | |||||
RE: H1 H2 L1 L2 Etc. | 0 Relevance | 2 years ago | ludopuig | 01 Terminology | |
This thread helped others in the past: | |||||
H1 H2 L1 L2 Etc. | 0 Relevance | 2 years ago | Chris Burns | 01 Terminology | |
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 an ... | |||||
RE: The lows are labeled incorrectly | 0 Relevance | 3 years ago | Laud | 01 Terminology | |
Hello, I just bought the course, I am too would like some more details on what has been discussed in this thread,.. I noticed your comments was written las year, is there a bonus video or somewhere I can look to Mr. Al's detailed explanation on this abc pullback leg H1 H2 etc theory.. thank you.. |
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