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Search: Posts Made By: lokgotkent
Forum: Traders Hideout December 7th, 2010, 10:01 AM
Replies: 549
Views: 361,733
Posted By lokgotkent
Just a short one, 1. Instead of L1, 1-2 is a...

Just a short one,
1. Instead of L1, 1-2 is a H1 since it is a pullback in uptrend?
2. A pullback in practice should be 20% and above. Correct?
Forum: Traders Hideout December 5th, 2010, 03:11 AM
Replies: 549
Views: 361,733
Posted By lokgotkent
So, if I am right. 1-2 is L1 and 3-4 is L2. Then,...

So, if I am right. 1-2 is L1 and 3-4 is L2. Then, I can say 1-2, 3-4, A-B are legs as mentioned in Al's book? Please correct me if I am wrong. Again, thanks for your detailed explanation. It does...
Forum: Traders Hideout December 3rd, 2010, 06:16 AM
Replies: 549
Views: 361,733
Posted By lokgotkent
Abbreviations Clarification

I went to the site mentioned and read the above post. Still, don't quite understand what H1,H2,L1,L2 mean. What does one/two-legged pullbacks mean? Someone please enlighten me. =/
Showing results 1 to 3 of 3

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