Very interesting. L&T -- on Apr 15 when prices were going up, you took 2 bar method to put in your SAR but on Apr 16, when prices were on the down swing, you did not use 2 bar method to put your SAR on 12 noon bar high. Any reason, why?
Bee,
In last 2 trades LT has moved from 580-->900. So i gave it little more room just to make sure it is still in uptrend to go long. Just a personal preference. Now it looks like a double top formation (can't stop looking at patterns after started trading ambush )
Does anyone have intraday data for reliance capital april futures from Mar26 thru Apr 17. A csv file with 5m data will help fill hole in my data, caused when I was traveling. Thanks
Does anyone have intraday data for reliance capital april futures from Mar26 thru Apr 17. A csv file with 5m data will help fill hole in my data, caused when I was traveling. Thanks
Does anyone have intraday data for reliance capital april futures from Mar26 thru Apr 17. A csv file with 5m data will help fill hole in my data, caused when I was traveling. Thanks
Metushar,
Sorry for this late reply. I didn't move my SAR to that pivot because there wasn't a new low made. After looking at the right side of the chart, it now appears to be a better point of reversal but not moving SAR if not a new low made keeps you out of whipsaws in many other cases. Hope this clarifies