分类:H2
Al Brooks: Two legged pullback in a bull move, but it can also be a 2nd reversal up from a selloff, so variation of a double bottom.
Ninetrans: A two legged pullback to the EMA in a trend[1]. Most trending days have two or more continuations. Most continuations are A2, which is a 2 legged pullback to the EMA. The simplest way to look at an A2 is the second attempt to end the pullback. As long as any of the bars that make up the pullback are near the EMA giving an entry slightly above or below it, you can consider it an A2. Another way to define this is two failed attempts to reverse the trend, i.e. failed L2. Note that if your A2 entry is very far from the EMA, you may get a 3rd push which turns into a W pullback to the EMA. These should be taken just like they were an A2. In a strong trend, you may have H1s and L1s that work, but new traders should just stick to A2[2].
There is one thing that is actually very important to mention, the "A2" term by ninetrans is a subset of Al Brooks' H2, because Al Brooks look at a double bottom as a H2 as well, however the fact that they both are called H2 can probably lead to some confusions to beginner traders, they might think a H2 from a double bottom in a trading range has same probability as a H2 in a strong trend, but in reality the H2 in a strong trend almost always has higher probability than a H2 from a DB.
- ↑ very important, has to be a trend.
- ↑ http://ninetrans.blogspot.com/2011/01/four-trades-off-nine-transitions.html