Going With The 60min Flow!!!

[milkyblack]

Hi, Saint, Satya, MJ,Milky etc.... wud we consider, going by the eye, todays low as PL aftger the present bar closes at 1 PM, or we wait for 2 PM bar to end!!!

My view and would change to short below 4520-room (Only IFF this bar do not take the low of 4520)

Regards

 

[Satyen]

satya, MJ Charts for NIFTY?

Hi
here it is

Regards
Satya

 

[musicjunkie]

Hi M4UH

I agree with milky.
EDIT: sorry did not know Satya has posted his chart...thank you buddy

MJ--

 

[Satyen]

Hi M4UH

..........................................
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I agree with milky.
EDIT: sorry did not know Satya has posted his chart...thank you buddy

MJ--

No sorry friend we should post more and more charts ... even if some body trading any perticular stock in flow method posts chart of that perticular stock at EOD then it would be great for every one

Regards
Satya

 

[lvgandhi]

Can we say 4320-15=4505 is our fresh stop?

 

[milkyblack]

My view and would change to short below 4520-room (Only IFF this bar do not take the low of 4520)

Regards

Why I say so for 4520... as evident from the chart... it forms a 5 finger pivot low...

Regards

 

[rkkarnani]

Hi RK still now in my veiw we have a sideways consolidation... any bar cross the high of day can give us a clear cut Pivot for reversal

Regards
Satya

Thanx Satya, u r view now that the 2 PM bar has closed!!! Do we still wait for the high to be broken!!!

 

[Saint]

Can we say 4320-15=4505 is our fresh stop?

Not yet,LVG........stops as Satya and MJ's charts indicate.

Move stops up only on 3 conditions:

a.NF moves to new highs.

b.That first move down after that first bar up of today if it had shown a more marked fall than this miniscule,practically sideways move......followed by a move up back to these levels and then that hypothetical LOD gets counted as a valid stop.

c.NF goes sideways and much,much longer than this......and then breaks down.

So far,neither of the above has happened..........we keep our stops where they are and wait for one of the above possibilities to pan out.

Saint

 

[milkyblack]

Not yet,LVG........stops as Satya and MJ's charts indicate.

Move stops up only on 3 conditions:

a.NF moves to new highs.

b.That first move down after that first bar up of today if it had shown a more marked fall than this miniscule,practically sideways move......followed by a move up back to these levels and then that hypothetical LOD gets counted as a valid stop.

c.NF goes sideways and much,much longer than this......and then breaks down.

So far,neither of the above has happened..........we keep our stops where they are and wait for one of the above possibilities to pan out.

Saint

Saint,

Then we do not consider the 5 bar pivot that is formed... such a nice pivot

Regards

 

[musicjunkie]

Saint picked up three hypothetical situations and painted the picture in my mind.
Beautifully explained....
MJ-