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9.SEMWEB-HAGURO.Trading the Haguro Method
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The Haguro Method is based on the work of Siki Shimizu. Jeffrey Gibby worked with Gary Burton, director of The Australian School of Technical Analysis to code this methodology in MetaStock. Gary Burton translated and organized this work and routinely teaches courses about its work.
The Haguro method classifies 16 types of Weekly line placed into 2 groups, 8 Green and 8 Red.
They are:
- Green being where the Friday closing price of the week is higher than the Monday opening price, thus forming the green body of the candle.
- Red being where the Friday closing price is lower than the Monday opening price, thus forming the red body of the candle
In the Haguro method the defining observation is to consider the size of the range from the high price to the low price. This range can be a large range when compared to the price range in each of the previous weeks or short when compared to the recent weeks.
In this class Gary and Jeff will show you how you can use the Haguro Methodologies in your trading. Gary will focus on showing you the methods and Jeff will show you how to use them in MetaStock.
We'll also show you how you can get a complimentary copy of the Haguro methodologies. Edited by user Monday, October 20, 2014 3:34:43 PM(UTC)
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