Re: Live discussion Saint's - 60 minute flow
My SAR remains at 2871-f.
Saint
just thinking about the thought process of Saint about keeping stop at 2871
first thing there is nothing wrong with 12.00 low stop technically but just look at last three days of movement.market ranged between 2871 & 2950..so until market doesn't get out of this range we will not get a true move either way..so there is no fun in getting stop in between the range & reverse only to get whipsaws..this is what happen last week too
so we will wait for market to decide first which side it want to go & then we follow her as always ..this is not sure that we will not get whipsaws this way but atleast we improve the chances of success...
so is this what saint always says " try to see the whole picture"
my views for sure
regards
vineet