Going With The 60min Flow!!!

[Saint]

NIFTY:New lower pivot high........move stops down to 4360+15=4375

Adds:Below previous pivot low ie 4290-7=4283.


Saint

 

[Saint]

Good morning!

Summarizing Current Position Of NIFTY

Short Since : 4381.5
StopLoss: 4395 + 15 = 4410
Profit/Loss in Current Trade = 4381.5-4410 = -29 Points

We change our Position to LONG if NIFTY Trades above :4410

Don't forget to change over to SEPT NIFTY Contract, if stop loss is hit today!

Yep,change over to Sept if longs triggerred.

Saint

 

[man4urheart]

Summarizing Current Position Of NIFTY

Short Since : 4381.5
StopLoss: 4366.5 + 15 = 4381.5
Profit/Loss in Current Trade = 4381.5-4381.5 = +0 Points

We change our Position to LONG if NIFTY Trades above :4381

Adds:Below 4290-7=4283.

Don't forget to change over to SEPT NIFTY Contract, if stop loss is hit today!

 

[vinst]

High of the day is 4366.40 as per my chart and PIB!!!
IMPORTANT : Shouldnt we wait till the present bar is completed or we simply give the reversal order now!!!!

I too hv high of today as 4366 on NF.

 

[orderflow13]

i saint i am new to traderji, though i trade since 4-5 years but never gave a thought to join any forum or group. But days goes by and stakes goes higher ease gone out,less time to go out chat with frnds n all diminished.Then felt good here to see ppl like myself in millions.And see ur thread ur name keep popping in lots of discussion.You need deserving hand of congratulation.you really taught 'em how to fish quote unquote.Well i was in financial analysis class ( online )one interesting thing that teacher told ' technical analysis is observing human trait n psyche and same basic theories of TA may vary from high volume market to low volume market,things may apply to wall street may not apply to comparatively low volume exchange ( pakistan,ukrain.. commodity exchange in india)..he goes on like " volume is less mean chances of manipulators rigging the market and by observation its easy to calculate the trait n psyche of those few groups of ppl by same tools of TA,only u gott to tweak ur tools".. well one of my trader friend ( bit rookie ) use to argue that our indian market is manipulated and its satta n ur TA tools of no use,but more of the time i use to predict the market currectly,i use to tell him by showing my position ( usually when position is high i dont expose as it makes extra pressure on u but made few exceptions )but i fell to put it in words n so he never convinced (conveniently considering my trade was a fluke ). But here that teacher put it in such a nice words n felt relieved that after so many years u indeed not wrong haha fuunny self doubt is a virtue or bliss never figure out...now i am thinking clearly from that point of view as given fact that our market is with full of manipulators then our technical analysis must be easier ..n i want to ask you this volume spread analysis ( i personally felt glorified version of wyckoff theory ) much making sense there is few material i came up with ( including traderlabor. and thread in this forum )do u suggest any link or experiments n views?.. at the end wana tell might be posting in wrong thread as i dont know other thread as i subscribed to thi thread i just posting here as m not trading today,i couldnt come up with any chart to trade today nifty consolidating n so thin range n chart saying no signals wahsever might be i will wait for 4240 or 4460 breakout as afraid of short as market showing bit strength is weekly chart ..regards ..alex

 

[man4urheart]

correction done. Since saint posted that figure I ignored mine!

 

[Saint]

hmm,charts say 4360.....broker says 4366.....

Stops at 4381.

Saint

 

[lvgandhi]

hmm,charts say 4360.....broker says 4366.....

Stops at 4381.

Saint

NSE also says 4366.4 as High

 

[alokdaga]

11 Am bar in ABAN - is it a Pivot?

 

[man4urheart]

Looks like another frustrating day!...Nifty is not moving at all!

total indecision in market with lowest Turnover since Jan 2008