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I cannt underst “the low one”，what's that mean？thanks
L1 is the trade highlighted in the picture with a red rectangle. It is a L1 in a spike down so it is usually a good trade...
I cannt underst “the low one”，what's that mean？thanks
Oops... That's a good catch. It should read "Low 1", the first pullback in a bear trend.
I will fix that subtitle now. Thanks.
oh，I see，the “Low one” is “Low 1”，subtitle’s problem.
@richardhkbtc-com 🙂 And I also have a question in my mind for several days, I think the concept of "Buy Signal Bar" and "Buy Reversal Bar" is close to each other, so it's hard for me to tell them apart, but they're going to be used in AL's video.
@303172979qq-com A buy reversal bar becomes a buy signal bar once the next bar trades above its high, so you can consider them to be synonyms.
@ludopuig or I could also say that when “Buy Reversal Bar” is used as Signal to buy, it becomes “Signal Bar”？
How? that bear bar (current bar) did not go below the low of the prior bar aka past the tail of the bull bar right next to it. Shouldnt the next bar be the entry bar instead of where the rectangle is since the next bar actually goes below the low of the previous bar?
In a bull trend wouldnt that mean that the pull back ends when the high goes above the high of the previous bar?
How? that bear bar (current bar) did not go below the low of the prior bar aka past the tail of the bull bar right next to it. Shouldnt the next bar be the entry bar instead of where the rectangle is since the next bar actually goes below the low of the previous bar?
The current candle is the L1 signal bar, the next is the entry bar.
In a bull trend wouldnt that mean that the pull back ends when the high goes above the high of the previous bar
Yes! The candle going above is the entry bar, the previous one would be the signal bar.
@ludopuig I see. So the Signal bar (L1) is actually the bear bar after that bull bar in the PB (HL). The entry bar is the bar that is going below the low of the prior bar therefore ending the 2 bar PB.
This is cool. Its starting to come together with yalls help. I needed this forum to make sure im understanding. You will be seeing me around!
