Re: Live discussion Saint's - 60 minute flow
I was just writing down ".....and before Komal jumps in with a quote from the Mother Thread.".......but you were faster than usual.
The operative word is :Sideways.
Some of these rules can best be appreciated by visualising a chart,instead of verbalising with words.
Will talk more about this later......with a few examples.
Saint
if a lower pivot high is formed but new lows are not formed we dont shift SAR .. is it so ???????
well this is what I read in rules ..
Page number 664 mother thread
EXCEPTION:Sometimes,in a downtrend,price makes a lower pivot high and does not go to new lows,and instead goes sideways for a period of time to make it visually obvious,and then breaks out.Stops are therefore at recent pivot highs although newer lows were not made...........But in both instances,the rule and the exception,those points are very visually obvious
Saint sir I guess the by recent high you mean the latest one
well this is what I read in rules ..
Page number 664 mother thread
EXCEPTION:Sometimes,in a downtrend,price makes a lower pivot high and does not go to new lows,and instead goes sideways for a period of time to make it visually obvious,and then breaks out.Stops are therefore at recent pivot highs although newer lows were not made...........But in both instances,the rule and the exception,those points are very visually obvious
Saint sir I guess the by recent high you mean the latest one
The operative word is :Sideways.
Some of these rules can best be appreciated by visualising a chart,instead of verbalising with words.
Will talk more about this later......with a few examples.
Saint