Going With The 60min Flow!!!

[KomaL2099]

Position in ABAN ???

 

[ANBE SHIVAM]

thank u m4uh
i request u along with komal to summarize current position everyday

 

[segul]

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

some of my notion of perceiving some pivots got corrected by that.

thanx Saint.

 

[milkyblack]

Saint,

We are short on JP right?

Thanks!

Regards

 

[Saint]

Most welcome,Aditya.

Saint

 

[Saint]

Saint,

We are short on JP right?

Thanks!

Regards

Yep,MB.....

Saint

 

[milkyblack]

Yep,MB.....

Saint

Thanks Saint

Regards

 

[KomaL2099]

Why have u calculated Profit/Loss as 4354-4346 = -8 ???

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 :4331

 

[man4urheart]

Nope,m4uh.........Long since 4354(presuming no adds taken).Stop loss at 4331.Change your position to short if it trades below 4331.

Saint

Correction Done!

 

[man4urheart]

Correction! End of Day today Position Of NIFTY

Long Since : 4354
Stop Loss: 4346 - 15 = 4331
Profit/Loss in Current Trade = 4354-4331 = -23 Points

We change our Position to SHORT if NIFTY Trades below :4331

I guess Weekend is still not over for me! I made too many mistakes on Monday morning!