Going With The 60min Flow!!!

[beethoven]

Re: Live discussion Saint's - 60 minute flow

SAR of many people would have been hit. It is a borderline case today
Bee

 

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

plz tell ur sar level

others plz come up. i m a bit confused.

dont be confused ..
Even I went short.. for others it may be just because they might be using a different filter.
Anyways it seems to be a failed breakdown ... but will follow the system.

 

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

SAR of many people would have been hit. It is a borderline case today
Bee

no worries .. we have a clear PH .. if taken will switch to long.

 

[niftyrider]

Re: Live discussion Saint's - 60 minute flow

no worries .. we have a clear PH .. if taken will switch to long.

thnx komal for the kind words.
PH 2949 for longs

add below 2876

 

[Lotus123]

Re: Live discussion Saint's - 60 minute flow

plz tell ur sar level

others plz come up. i m a bit confused.

don't panic niftyrider.many are still using 15 as filter,they must be all short.above 15 must be still long if we consider 2896 as SAR.
i am too short.

 

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

But there is something that we can do.......NC has already alluded to it in his post........an END OF DAY REVERSAL if that breakout does not hold and negates in itse entirety.We simply reverse back to the original position with all the adds at 3:25pm.Presuming we are holding Initial Posn short + 2 adds,and our SAR is hit and we go long Initial Posn,and negates before end of day.....simply get back into 3 posns short and retire for the day(as if this never happened).

This is presuming that there are no pivots to go by,no 2 bar method to go by.............yes,in a late day breakout kind of situation and that falls flat next bar and closes below our SAR point,simply get back into previous positions.

Saint sir
Going by this .. what would be the action for those who went short today at 2896-f
Should we have switched back to long as the breakdown bar negated itself .. or should we wait for PH at 2949 to be taken.

 

[KomaL2099]

Re: Live discussion Saint's - 60 minute flow

Saint sir
Also awating your inputs on LT PH which we were discussing yday.

Thanks
KomaL

 

[ThE HaMmEr]

Re: Live discussion Saint's - 60 minute flow

 

[pratik_ghosh]

Re: Live discussion Saint's - 60 minute flow

Hi all

Today there was a doji formed on the daily chart....i m confused whether this is a reversal doji....do u expect the uptrend to break....
again we have a fibonacci resistance at 2950....also a swing high....

again in elliot wave , i think we are in C correction of long term(monthly) chart....In C we are in 5th wave
5th wave is again 5 wave...so i think today the 5th wave's 2 has ended....


5th started at 3148....
5-(1) at 3148 to 2634

61.8% retracement at 2950....end of 5(2)....

Do u agree with me????

Regards
Pratik

 

[ThE HaMmEr]

Re: Live discussion Saint's - 60 minute flow

Hi all

Today there was a doji formed on the daily chart....i m confused whether this is a reversal doji....do u expect the uptrend to break....
again we have a fibonacci resistance at 2950....also a swing high....

again in elliot wave , i think we are in C correction of long term(monthly) chart....In C we are in 5th wave
5th wave is again 5 wave...so i think today the 5th wave's 2 has ended....


5th started at 3148....
5-(1) at 3148 to 2634

61.8% retracement at 2950....end of 5(2)....

Do u agree with me????

Regards
Pratik

hii pratik

friend this is nt the place to post this.......here in dis thread we follow a system of 60 min flow.........


this is what u r looking 4 http://www.traderji.com/derivatives/23573-nifty-futures-trading-part-2-positional-577.html


regards

neerj