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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rkkarnani

Well-Known Member
Re: Questions from juniors on"Going with 60minute flow"

Is my understanding of MAjor and Monor Pivots correct :

The usual way to identify a Pivot is the simple way suggested by Saint, the Hand analogy... 2 bar with lower highs on each side of a HIGH bar, according to me this is a MAJOR Pivot.

However when the bars on each side is less than two, I consider that as a Minor Pivot!!!

Remeber reading somewhere on the forum, if the Pivot bars are more than one (the high of each bar either being at same level or near about) , almost like having a multiple Pivot bars, it is stronger Major Pivot!!!

As Saint says : Go with the eye... this probably is the best method!!!
But for the sake of clarification as this question continously nags my mind!!!
Seniors and expirienced people please give your input!!!

Regards
R K Karnani
 
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