Going With The 60min Flow!!!

[Saint]

Saint,
Are we short in JP Associate now? Chart attached.

Rakesh

Yep,Rakesh......although one look tells me we are in Bull Territory still.But we will latch on to the pivot high and reverse once it happens.Till then,not about to change anything.

Saint

 

[Satyen]

At end of day if NF remains above 4346, can we consider that ie 3 PM bar as another PL and shift the SL according to it to 4331?

Hi iv in my veiw we can not say 3 pm bar as a major reversal pivot untill moday morings opening ....... till now we will go with days low


Regards
Satya

 

[Saint]

Thank you all for your warm remarks.........as said I have always felt that we are all fellow students of the market helping each other and pushing each other upwards.I have learnt from each and every one of you as well......and for that,a huge Thank You too on this day.

Saint

 

[segul]

hi saint,
didn't the stoploss for long trigger if we had trailed to every 1 hour low after the gap down below our previous stop of yesterday's low. i.e. 11 am bar's low at 4351-15=4336.

if it had triggered a short at 4336 our stop for short would now be at today's high +15.
(if 30min chart was not referred since not even 1 hourly bar was completed before going above the pivot high on 30min else stoploss for short would have been at 4376+15=4391 which was also hit)

according to this we should be short now with day's high as stop but every one here is long and some even have added to their position.

how can this confusion be avoided on realtime.

regards.

thank u very much from my side on this teacher's day

 

[Saint]

hi saint,
didn't the stoploss for long trigger if we had trailed to every 1 hour low after the gap down below our previous stop of yesterday's low. i.e. 11 am bar's low at 4351-15=4338.

if it had triggered a short at 4338 our stop for short would now be at today's high +15.
(if 30min chart was not referred since not even 1 hourly bar was completed before going above the pivot high on 30min else stoploss for short would have been at 4376+15=4391 which was also hit)

according to this we should be short now with day's high as stop but every one here is long and some even have added to their position.

how can this confusion be avoided on realtime.

regards.

Aditya,

Flow up,Gap below pivots.......look at the first bar.Short the low of that bar.4341-15=4326.Did not trigger.

We remain long .....

And all these posts are in realtime,my friend.

And why would you trail the low of the 60min bars....11am bar was 4346 low and 4331 would have triggerred a short,but we do that ONLY when we have a Flow Down,Gap down.Instead of waiting for the first bar low to get taken out,we trail it upwards and short the first break below previous bar's low.

Not in this condition........we are in Flow Up,gap down yesterday.Nothing yesterday as it is above pivot lows.Today it gapped down to the pivot low area and put up a low at 4341.Break that and we go short.Came to 10p of a trigger and pulled back.We remain long as of now.

Saint

 

[Satyen]

Hi All we saved by 10 paisa lets see how much we can get by respecting 10 paisa

Regards
Satya

 

[segul]

Aditya,

Flow up,Gap below pivots.......look at the first bar.Short the low of that bar.4341-15=4326.Did not trigger.

We remain long .....

And all these posts are in realtime,my friend.

And why would you trail the low of the 60min bars....11am bar was 4346 low and 4331 would have triggerred a short,but we do that ONLY when we have a Flow Down,Gap down.Instead of waiting for the first bar low to get taken out,we trail it upwards and short the first break below previous bar's low.

Not in this condition........we are in Flow Up,gap down yesterday.Nothing yesterday as it is above pivot lows.Today it gapped down to the pivot low area and put up a low at 4341.Break that and we go short.Came to 10p of a trigger and pulled back.We remain long as of now.

Saint

thanks saint.

sorry 12 pm bar was 4351.

wasnt this situation similar to this.

sorry for asking too many questions.just want to get it completely clear.

regards.

 

[segul]

this was today's chart

probably i am reading the chart wrongly somewhere

regards.

 

[Satyen]

Hi just modified your chart what we did today

Regards
Satya

 

[segul]

hi satya,

my levels on the chart are the same as urs but after giving the room.it might not be exact room but somewhere there.my only point is why should we not trail the stop to hourly lows in todays case.

regards