Jander - here's a link which will answer your question . For anyone coming online with this lately, I'd highly recommend a total read of this journal from day 1 - a large amount of very helpful ideas and discussions are already available. http://www.elitetrader.com/vb/showt...212#post1315212 Dive right in - the water is GREAT!
Hi, trendy: Thanks for pointing out the low was 1423.25. you're right. I overstated a profit of 1.25 pts.
Hi, I'm a rookie and want to say thanks to everyone involved. It’s a great opportunity for me and other beginners to start understanding the market through this method. I’m thankful to all of you who are kind enough to share your knowledge with the rest of us. I’m still far behind, reading old threads, but at the same time following this one. This is my chart for this morning and I have to say this concept really opened my eyes. As I followed the movement I understood what was going on and spotted all turns as they were forming.
good lines and good annotations. comments: 1. don't use candle. use a simple OHLC bar. Candle gives you too much "other" info, which will distract you from the JH method. (we will go into further detail in the coming weeks.) 2. put red and black in your volume. it helps you to read the gaussian.