Going With The 60min Flow!!!

Which Futures do u all trade with real Money?

  • MiniNifty

    Votes: 28 40.6%
  • Nifty

    Votes: 50 72.5%
  • Aban

    Votes: 16 23.2%
  • L&T

    Votes: 18 26.1%
  • Hdil

    Votes: 6 8.7%
  • JP asso

    Votes: 6 8.7%
  • RIL

    Votes: 5 7.2%
  • Relcap

    Votes: 11 15.9%
  • Suzlon

    Votes: 6 8.7%
  • Educomp

    Votes: 8 11.6%

  • Total voters
    69
  • Poll closed .
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rkkarnani

Well-Known Member
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
:D
Thanx for the reentry!!! I agree to 'most of' what u have written Saint, but as u said in the reentry wud not loose much hance the decison was easier to make!!! There is no second guessing at all.... i am not guessing that the mkt may breakdown from here, but yes, am able to get a reentry at a low cost hence the decision!!!
Thanx again!!!
 
Where RK joins us back again with us in our trade is also a possible ADD point for us if you still have the capital for it and if your risk management gives you the okay signal.

Saint
 

musicjunkie

Well-Known Member
If we can move our stops, will be more than happy to add :)
Hope A stop move and an add will be possible today.

Saint, we have a gap ave previous PH in LITL, i think we were short, where is the reversal point now?
MJ-
 
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Thanks Saint. I just entered my shorts now at 177.40 with a SAR of 178.85....good luck to all of us...
ouch.....wrong move,my friend.Just because a short was triggerred at one time and not out yet does not mean that a gap up later,it's a right decision to short then.

Your reversal point may be hitting sooner than later,not much of a loss.But that's not the point.

Saint
 

rishig38

Well-Known Member
ouch.....wrong move,my friend.Just because a short was triggerred at one time and not out yet does not mean that a gap up later,it's a right decision to short then.

Your reversal point may be hitting sooner than later,not much of a loss.But that's not the point.

Saint
Saint, but how does one get in on a trade using this 60 min flow method if one has missed the entry and the stop has still not hit?
 
Saint, but how does one get in on a trade using this 60 min flow method if one has missed the entry and the stop has still not hit?
If stock XYZ were trading at 456,and we had shorted at 459,with stop loss at 469,you could enter if your risk allows you to.

But entering at 467 is not wise unless we had a higher pivot high and low and then a breakdown and you entered there.

Basically there is an exact place to enter and exit.........if you haven't missed the move by much,join the ride.Else best to wait for the next cycle to take over.

Saint
 
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