Going With The 60min Flow!!!

[man4urheart]

What is the Probable Stop= 4420 -15 = 4405?

 

[Saint]

Aban another add at 2227+10 = 2237?

Will someone help me on this please?

WB,Yashodhan...

Focus on the ongoing trade........the present pivots is all you have.Use the past to find a pattern on how to bell this cat.Use the past for finding out how many adds is best for this stock,or whether you should trade every pivot or only the visually obvious,or how much filter.Once all that is in place,keep the past aside.

All you have is the present trade........don't look left.Now wait for another higher pivot low on the 60,and add on a breakout to new highs.And a few other possibilties of where to add as discussed before.

Basically,focus on this ongoing trade.....Once in,you are just managing risks and adding when this trade tells you to.

All the best!
Saint

 

[nagakiran]

Hi,

I think the probable stop what ever staya mentioned in previous post can be considered as stoploss once NIFTY takes out yesterday's high..

Please let me correct if I am wrong..

 

[milind]

Saint (and others),

Not sure if you are following SBI which has been moving well along with rest of the market. As per my chart, its pivot high is at 1554. I am using 1439 - filter for SL. What will be good filter for this one - I am using 7 (SL), 4 (Add).

Thanks,

-- Milind

 

[Satyen]

What is the Probable Stop= 4420 -15 = 4405?

yes my data shows low at 4420

Regards
Satya

 

[musicjunkie]

Please wait till 1pm to move stops,
Thats why Satya said, Probable stop.

 

[Saint]

That's one yummy looking daily on GMR if you happen to be a longer time frame trader.

Our ADD 1 is coming up at 107.30

Saint

 

[rkripal]

please someone can post nifty future chart... i m having some problem with charts today.

 

[musicjunkie]

Stops moved to
4420-15 =4405

MJ-

 

[yashodhan]

WB,Yashodhan...

Focus on the ongoing trade........the present pivots is all you have.Use the past to find a pattern on how to bell this cat.Use the past for finding out how many adds is best for this stock,or whether you should trade every pivot or only the visually obvious,or how much filter.Once all that is in place,keep the past aside.

All you have is the present trade........don't look left.Now wait for another higher pivot low on the 60,and add on a breakout to new highs.And a few other possibilties of where to add as discussed before.

Basically,focus on this ongoing trade.....Once in,you are just managing risks and adding when this trade tells you to.

All the best!
Saint

Saint,

Thanks very much for your prompt reply and the perceptive. The perceptive is imp. to me as it improves my thinking process on the pivotal trades.

WB?

Yashodhan