Going With The 60min Flow!!!

[musicjunkie]

MJ, wrong place to add. We will now be looking at the fresh pivot lows in this moves, if possible erase the previous charts and focus on only this move, even if we get a pivot before reaching 4331 it would still qualify as add

Wow prabh, did not know that. Was under the impression of adding at ANY pivot break. Will do, waiting for new PL to be formed.
MJ- THANKS!!

 

[rkkarnani]

MJ, wrong place to add. We will now be looking at the fresh pivot lows in this moves, if possible erase the previous charts and focus on only this move, even if we get a pivot before reaching 4331 it would still qualify as add

Prabhjeet, 4331 less room seems a perfect place to add!! As of now,it seems so, if and when we get another PL before 4331 is breached that would be a different story. But the present position in charts it seems a good place to add below 4331!!! Am i overlloking something!!! Please do clarify even after mkt, as I am not into adding in August!!

 

[vinst]

I have been toying with the idea of making 'adds' at breaking historical PH or PL provided they have not yet been covered by the price action after their formation.

regards,
vin

 

[Prabhjeet]

RK, as far as I understand when we start a new move there is a different story for all the resistance & supports as far as our pivots method is concerned though classical technical analysts believe in previous supports & resistance but for us following the flows we should erase the past and focus only on pivots that are formed in current move, think of how complicated things can become if we keep on looking past pivots.

As far as I am concerned I dont see where the previous pivot lows are and will see what is there to see NOW.

May be Saint can throw some light on this new nuisance

 

[nagendra_gb]

Have we added to our shorts at 4331 ?

 

[lalpar]

TSQ>2*TBQ..Sellers dominate

 

[trader111]

RK, as far as I understand when we start a new move there is a different story for all the resistance & supports as far as our pivots method is concerned though classical technical analysts believe in previous supports & resistance but for us following the flows we should erase the past and focus only on pivots that are formed in current move, think of how complicated things can become if we keep on looking past pivots.

As far as I am concerned I dont see where the previous pivot lows are and will see what is there to see NOW.

Nice post Prabhjeet. Yes I also earlier tried to bring up how this Method covers most goodies from classical TA.

We don't need anything from classical TA, already doing good.

And also TBQ,TSQ or anything from orderbook required here. Saint has made great posts about the pitfalls of micro-managing.

 

[lalpar]

Nice post Prabhjeet. Yes I also earlier tried to bring up how this Method covers most goodies from classical TA.

We don't need anything from classical TA, already doing good.

And also TBQ,TSQ or anything from orderbook required here. Saint has made great posts about the pitfalls of micro-managing.

sorry for the TBQ post..it was supposed to be for nifty futures trading section..by mistake posted here!!!

 

[trader111]

sorry for the TBQ post..it was supposed to be for nifty futures trading section..by mistake posted here!!!

BTW Lalith TBQ and TSQ can be often misleading. Give me some time I will try to bring it up

 

[musicjunkie]

BTW Lalith TBQ and TSQ can be often misleading. Give me some time I will try to bring it up

Yep, referring to the fact that traders can put an order of 200K nifty and choose to disclose a smaller position? IF something else , im all ears