Going With The 60min Flow!!!

Which Futures do u all trade with real Money?

  • MiniNifty

    Votes: 28 40.6%
  • Nifty

    Votes: 50 72.5%
  • Aban

    Votes: 16 23.2%
  • L&T

    Votes: 18 26.1%
  • Hdil

    Votes: 6 8.7%
  • JP asso

    Votes: 6 8.7%
  • RIL

    Votes: 5 7.2%
  • Relcap

    Votes: 11 15.9%
  • Suzlon

    Votes: 6 8.7%
  • Educomp

    Votes: 8 11.6%

  • Total voters
    69
  • Poll closed .
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hmmm yes we got a pivot low that means we should add to our positions below day low -10 am i right pls correct me am learning this now. i brought 4400 call option as insurence if at all some thing goes wrong.
 

milkyblack

Well-Known Member
MB when can we add to our shorts friend
Hi,

One add was below the 11am bar about 4347-room... near about 4335(depending upon the room you give)... if missed that opportunity in the morning... NF was trading there now! Other adds....according to your comforts!... Which should fit your risk.... SL has not yet changed considerably yet!

Regards
 

milkyblack

Well-Known Member
CV sir not sure how it helps us in scalping, but I am with Trader111 on the point that we only have to focus on Pivots when following Flow method, dont want to put a closer stoploss seeing TBQ TSQ and get out of a winner only.

Just my views, though I am a newbie compared to your experience sir
OB is a good thing, as mentioned by CV Sir, just to fine tune the entry/exit/SL.... One already has to have a directional call on the market FIRST... before using this tool :)

Regards
 

milkyblack

Well-Known Member
hmmm yes we got a pivot low that means we should add to our positions below day low -10 am i right pls correct me am learning this now. i brought 4400 call option as insurence if at all some thing goes wrong.
We have not yet got any pivot for the day! i.e. after we are short on the market .... Ideally in this case the add would be below the low of bars if there is a steep fall... but keep a track on the SL and your risk ... before adding!

Regards
 
Sorry for the lack of active participation today.....Down with a bit of fever....


Hope everyone stuck to their Plan,reverted at 4382 and having a good day so far.

Stops as per the previous pivot high ...... which is all the way to yesterday's high +room......Adds:Theoretically,below each bar on the hourly is a possible add.Doing that is assuming too much risk because of the far away stop.........would prefer to hold on to intial positions till we get a pivot somewhere.

For those using the 60min flow with a help from the 30min charts whenever you get a verticall fall on the 60:Lower pivot high of 4341.....stopand reverse at 4356,but still not adding though.Prefer all the trades from the 60min charts.But tend to use the 30 to look for pivots to reverse,not for anything else.

Once again as mentioned before........do NOT trade the 60/30 combo if not comfortable.If trading purely from the 60,nothing to be done for now.

Saint
 
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