Going With The 60min Flow!!!

[alokdaga]

I didnt see 4572 as LTP , So I am still long . The low as per tick data is 4573.35 . Filter saved the trade .

Naresh

If you had actually put the trade, it would have triggered - so theoritically you may be long - but actually you are short now.

 

[vinst]

If you had actually put the trade, it would have triggered - so theoritically you may be long - but actually you are short now.

i agree with the above.
see this link
http://www.nse-india.com/marketinfo/fo/fomarketwatch.jsp?type=2

vin

 

[nareshch]

i agree with the above.
see this link
http://www.nse-india.com/marketinfo/fo/fomarketwatch.jsp?type=2

vin

Ok .Not punching the order gave me few points . As per theory our SL hit and i have to revert for short . Did it and i am now SHort .

Naresh

 

[yashodhan]

As per Indiabulls the high is 4654 so stps are at 4669

I am stll a student of this strategy so pl do not take umbrage. But I think 4654 is still not a PH. According to my understanding, previous PH of 4626 stands.

Kindly comment if my understanding is right or wrong.

 

[Sats]

thanks for the feedback on going short.

NF 60min chart with wedge and trendlines is included.

vin

Hi Vinst,

In 60-Min flow, we don't track any patterns.... Its simply a pivot based trading... If the PL is cracked, Go Short, Else Stay Long and Vice-Versa...

Please correct me if i am wrong or make urself correct... (Absolutely no offense meant here)....

Thanks,
Sats.

 

[vinst]

I am stll a student of this strategy so pl do not take umbrage. But I think 4654 is still not a PH. According to my understanding, previous PH of 4626 stands.

Kindly comment if my understanding is right or wrong.

Yash,
Saint's methodology presented here considers the first 5 min bar of the day as important as 60min bar. so by 12 noon, three bars are over and new PH has been formed

vin

 

[musicjunkie]

if something looks like a pivot, well its a pivot.....
case closed, forget 5min ,last 30min, doesnt matter

 

[man4urheart]

Summarizing Current Position

Short Since : 4572
StopLoss: 4669

We change our Position to Long if NIFTY Trades above :4669

 

[Prabhjeet]

Why do we say short at 4564, we are short at 4572

 

[Prabhjeet]

Add to current positions if Nifty futs. break below 4528