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Last seen: Nov 2, 2024
switch your charts to line-charts and try to find gaps like what you have learnt from Al’s videos. Mark the gaps with lines…then switch the chart back...
Hello Mike: so draw those lines at the high/low close of the bars instead of the high/low of the bar, and then see if the body of a bar intersects it ...
Thanks for the supportive feedback. You are very kind 🙂 For a bull body gap, its the highest bull close to the left above which there is a breakout...
Its good though that you are asking these specific questions which seem technicalities because when it comes time to place a trade, its the specifics ...
The bar right after bar 4 is the first entry (as if you had entered one tick below bar 4)yes, you could say that. He could also mean its the 2nd attem...
Every bar whose high is lower than the previous bar is a potential H[n] candidate, whether it is a bull bar or a bear bar. If the next bar goes above ...
Ok. Thanks for being patient with me, and again thanks for taking the time to reply in such detail.
OK, let me ask this differently. Al says in his videos - different computers see things differently. So imagine I want to program a computer with thes...
I meant highest high.
I dont know why you didnt use it 🙂 All I am saying is using the previous logic, then when bar 21 is formed, its lower than the lowest high, so by pri...
In this response, wrt the count reset, you did not use what you said in the previous response - "it is relative to the trend's highest (bull case) or ...
Thanks again for the detailed reply. Btw, I am asking these questions to try and systemize the pullback concept - I realize context is important, and...
Hello @ludopuig: I have read your answers on this topic in various threads, and still had one question - The one clarification I wanted with your...
Correct
That is usually when one buys late in a trend or if is buying in the middle of a triangle. Usually Al likes getting in once he sees the breakout. We a...