Going With The 60min Flow!!!

[man4urheart]

Summarizing Current Position Of NIFTY

Short Since : 4381.5
StopLoss: 4347 + 15 = 4362
Profit/Loss in Current Trade = 4381.5-4362 = +19 Points

We change our Position to LONG if NIFTY Trades above :4362

Adds: done Below 4318-7=4311.

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

 

[Saint]

Summarizing Current Position Of NIFTY

Short Since : 4381.5
StopLoss: 4347 + 15 = 4362
Profit/Loss in Current Trade = 4381.5-4362 = +19 Points

We change our Position to LONG if NIFTY Trades above :4362

Adds: done Below 4318-7=4311.

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

So therefore the average entry short=4346,stop loss at 4362.

Saint

 

[Prabhjeet]

Hi everyone, I am back after a break of 3 days, looks like there was nothing much to do other than just adjusting our stops.

 

[Saint]

Both prices of the 2 NIFTY Contracts(Aug/Sept) are nearly about the same.........our adds are using the Sept.Our initial is still at August.Wait till the last 10-15mins and if reversal does not happen,change over to Sept.

Saint

 

[Saint]

Hi everyone, I am back after a break of 3 days, looks like there was nothing much to do other than just adjusting our stops.

Welcome back,Prabhjeet!!

Saint

 

[musicjunkie]

Welcome back Prabh...!!

 

[ARMHM]

Columbus, Thanks and No thanks buddy!! Here we talk in terms of Pivots!!!
How long it is falling, till when it will fall is left to the market, we just focus on the Pivots!!!
Thanks!!!

Right RKK
We are following the flow. As Saint has rightly put it we react to the market and do not anticipate or try to predict it. Nobody can predict the market, NOBODY.

 

[Prabhjeet]

Welcome back,Prabhjeet!!

Saint

Welcome back Prabh...!!

Thanx Saint & MJ, I hope you people had some gud learning time these days.

BTW, I have a rather strong urge to enter the Nifty futs. trade but wisdom guides me otherwise and tells me to wait for a change in trend, cant describe to you how frustating it is to see the ocean from the shore when we already know how to go with the flow

 

[Satyen]

Hi everyone, I am back after a break of 3 days, looks like there was nothing much to do other than just adjusting our stops.

Welcome Back Prabhjeet


Regards
Satya

 

[sikandar]

Both prices of the 2 NIFTY Contracts(Aug/Sept) are nearly about the same.........our adds are using the Sept.Our initial is still at August.Wait till the last 10-15mins and if reversal does not happen,change over to Sept.

Saint

Ohh what a lesson to learn from you saint thanks very much
sikandar