Going With The 60min Flow!!!

[praveen taneja]

singapore nifty 190+ 4558 total volume 4116 illiquid trading .beware all of u who see blindly sgx nifty

 

[nagendra_gb]

Are we short on HDIL and JPA ? please let me know the current positions in HDIL and JPA. if any one tracking relcap then please let me know there position..

 

[Saint]

You mean previous Pivot Low 4346-15=4331

Nope.....meant once previous pivot highs are crossed,viz 4396,move your stops to 4346-15=4331.

Saint

 

[Saint]

Are we short on HDIL and JPA ? please let me know the current positions in HDIL and JPA. if any one tracking relcap then please let me know there position..

We are long on HDIL and the others,short on JPA.

Saint

 

[lvgandhi]

Nope.....meant once previous pivot highs are crossed,viz 4396,move your stops to 4346-15=4331.

Saint

I think Previous PH of 4397 will be crossed in Opening.

 

[sikandar]

10 paise made history in our flow thanks saint
sikandar

 

[Saint]

Some very good posts iv seen of urs in the past few days. Keep it up.
MJ-

Yep,keep it up,NC.

Saint

 

[Saint]

10 paise made history in our flow thanks saint
sikandar

Still,must tweak the amount for reversal probably only for gap openings to a figure greater than 15.......but first must check out the data from last couple of years.

But yes....sweet gains.

Saint

 

[man4urheart]

Summarizing Current Position Of NIFTY

Long Since : 4354
Stop Loss: 4346 - 15 = 4331
Profit/Loss in Current Trade = 4354-4346 = -8 Points

We change our Position to SHORT if NIFTY Trades below :4346

 

[Saint]

My personal view :
Beware : Itis deviation from existing rules :

As the trade was in good profit , I exited today in the first 5 minutes, and have given placed order to go long again above the 5 minutes high plus room.

I exited at 4548.80 and shall go long again at high plus room...

I may loose on money but saved from anxiety which was building due to keeping so much on the table!!!

Total deviation,.......but you have to do what you have to do,my friend.Especially on a pressure build up secondary to anxiety.

Anyway,not losing much on reentry,although broker would be pleased.

If this sets up lower pivot highs and lows ,enter on a break of previous pivot highs as always.

You may end up making more,my friend......but Life in this world has taught me against second guessing the Plan.So,will hold on to the Plan.

See ya at 5min high or a previous pivot high break.....

Saint