Going With The 60min Flow!!!

[Ank!t007]

For Nifty, I think filter is not taken into account. Am I correct?

15 points filter for nifty bn taken.

are these all ABAN futures values?

vin

Yes.

Ankit

 

[musicjunkie]

so do we get a new pivot low at 4397-15=4382 after completion of the 1 pm bar...? and an add at 4438..

If the 12pm bar had closed at or near it high then we did have a new PL. But not now.
More waiting. Adds still hold though
MJ

 

[Saint]

so do we get a new pivot low at 4397-15=4382 after completion of the 1 pm bar...? and an add at 4438..

Not yet Sam.......if NF now moves up from here,then the low of today is your new pivot low and therefore your new stop loss ie 4397-15=4382.And yes on the add at 4438.

But till that next up-move,we cannot yet call the low of today a pivot......so far.

Saint

 

[rkkarnani]

so do we get a new pivot low at 4397-15=4382 after completion of the 1 pm bar...? and an add at 4438..

Better wait till 2 PM bar completion!!!

 

[vinst]

so do we get a new pivot low at 4397-15=4382 after completion of the 1 pm bar...? and an add at 4438..

for this 'PL-in-the-making', we need to wait up to 2 pm

vin

 

[Prabhjeet]

If the 12pm bar had closed at or near it high then we did have a new PL. But not now.
More waiting. Adds still hold though
MJ

MJ slight modification, we dont need a close near the high, we are waiting for this 2 pm bar to have a higher high that is visibly higher than 12 pm & 1 pm bar so that we may call 4395 as valid pivot low

 

[musicjunkie]

Lots of replies to that question
I guess our need to help people comes as a compulsive because we have learn't so much from Saint! and we feel the need to "give" it back. We pounce on a "giving back" opportunity. "Thank you" seems like a too small word....

 

[musicjunkie]

MJ slight modification, we dont need a close near the high, we are waiting for this 2 pm bar to have a higher high that is visibly higher than 12 pm & 1 pm bar so that we may call 4395 as valid pivot low

Yep, just said that so its easier to understand for Sam.
Thanks Prabh

 

[Saint]

Lots of replies to that question
I guess our need to help people comes as a compulsive because we have learn't so much from Saint! and we feel the need to "give" it back. We pounce on a "giving back" opportunity. "Thank you" seems like a too small word....

Pounce on it,my friend......and on each and every "giving back" opportunity you get.....in Trading and in Life.

Saint

 

[nagendra_gb]

Friends a small idea how will it be if we write 4400 put now .. if at all everything goes fine we are in good profit if at all market reverses any how we will go short so on expiry there will be not much loss .. just an idea please give me ur ideas..

P.S even am long from 4404 on nifty