Going With The 60min Flow!!!

[musicjunkie]

great MJ is it based on Pivots ...??? then there is one thread by amit jain ... we can participate there otherwise if you start one new thread we will participate though i m not trading intradaya

Regards
Satya

Yes totally based on Saint's teachings. Did not know there is another thread running, please om me directing me to the thread.
No point starting a thread if one already exists

 

[Saint]

Yes totally based on Saint's teachings. Did not know there is another thread running, please om me directing me to the thread.
No point starting a thread if one already exists

Interesting.....but start a new thread instead of adding to that one.

Saint

 

[vinst]

Yes totally based on Saint's teachings. Did not know there is another thread running, please om me directing me to the thread.
No point starting a thread if one already exists

http://www.traderji.com/technical-analysis/22219-saints-pivot-method-put-practice-7.html

your way may be different from amit's. so do start.

 

[musicjunkie]

Moving stops to 1300 bar low
Satya,Saint please comment
MJ-

 

[Saint]

Moving stops to 1300 bar low
Satya,Saint please comment
MJ-

To 1200 bar low for now till this current bar takes out the previous bar's highs.If it does do that,then yes,to 1300 bar's low

Saint

 

[rakeshluthra430]

Saint,
Didnt think that such a nightmarish situation will arrive so soon..now where cud have we added more to our positions? (still holding the initial and 1 add..couldnt add at 4400 as already at max risk for a trade).

Is there a solution to this situation...where we get multiple WRBS?

Thanks as always,
Rakesh

 

[man4urheart]

Satya MJ Charts? what is 1200/1300 bar low? Don't have charts access...

 

[Saint]

Saint,
Didnt think that such a nightmarish situation will arrive so soon..now where cud have we added more to our positions? (still holding the initial and 1 add..couldnt add at 4400 as already at max risk for a trade).

Is there a solution to this situation...where we get multiple WRBS?

Thanks as always,
Rakesh

Yep......add at where we added(add 1),and then that breakout wrb at 1300,buy over that high,moving your stop loss to the low of congestion,4344.

Now we got ourselves another wrb.....but now too distant from our stops.But we'll settle for 3 positions.

Saint

 

[musicjunkie]

M4UH
Current SL stands , nochanges, will update immidiately on ANY changes
MJ-

 

[vinst]

2 bar SL for NF on chart.
Is this correct (first time i am marking 2 bar SL)

vin