Going With The 60min Flow!!!

[AMITBE]

*sweat sweat*

Funny Funny!

 

[Smart_trade]

Long at 4292+20 =4312.

4292 IS A ph ON 30 IN Sept NF

SL 4210

 

[man4urheart]

Summarizing Current Position Of NIFTY

Long Since : 4318
StopLoss: 4283 - 15 = 4268
Profit/Loss in Current Trade = 4318-4268 = -50 Points

We change our Position to SHORT if NIFTY Trades below :4268

 

[Prabhjeet]

Long at 4292+20 =4312.

4292 IS A ph ON 30 IN Sept NF

SL 4210

I think there is some misunderstanding SmartTrade, we have used the high of 5 min. bar i.e. 4303 + 15 = 4318 as our stop & reverse to longs

Stoploss is today's low - 15 pts.

 

[rakeshluthra430]

Summarizing Current Position Of NIFTY

Long Since : 4318
StopLoss: 4283 - 15 = 4268
Profit/Loss in Current Trade = 4318-4268 = -50 Points

We change our Position to SHORT if NIFTY Trades above :4268

Hi M4H,
The stops mentioned above seems incorrect..you have probably taken todays low-15..whereas it should be yesterdays low-15...which comes to 4208-15.

Pl correct me if I am wrong

Rakesh

 

[rkgoyal_98]

Hello,

I also feel that stop loss should npot be today's low - filter.
Since this gap has led us to change direction we must allow more room than just the gap boundery

Thanks
Rajeev

 

[Smart_trade]

I think there is some misunderstanding SmartTrade, we have used the high of 5 min. bar i.e. 4303 + 15 = 4318 as our stop & reverse to longs

Stoploss is today's low - 15 pts.

I dont find visual gap in todays NF Vis a vis yesterdays range. Not trading on 5 min rule Trading on simple PH/PL ? Dont know whether it is right but correct in my mind !!! Saint or the Mkt will clarify !!!

 

[Prabhjeet]

Rakesh MJ is correct, stoploss is today's low - 15 pts. = 4268

 

[musicjunkie]

Think u mean m4h prabh,
My stop is today's low -15....Satya's opinion will be valuble
Saint should be on his way to clear this....
MJ--

 

[Smart_trade]

Agree with you Rakesh,I think you are right !!!