Going With The 60min Flow!!!

[vinst]

I have the following as NF 60min chart. We broke below PL formed at 12 noon bar. Is my data correct?

regards,
vin

imageshack image did not display, so uploading chart.

 

[niftychance]

I have the following as NF 60min chart. We broke below PL formed at 12 noon bar. Is my data correct?

Hello vinst

The gapup today is in the direction of the trade so no change in SL on that count. The pivot low marked by you is wrong... for reasons read Saints message above.

Saint has already posted above that in todays sideways move no new pivot low has been formed.

Thanks

 

[rkpahwa]

ABAN flow trade still long,with the average as updated yesterday and the SL now at 2263-20=2243

Saint

Hi,

Trying to attach my first chart

regards
rkpahwa

 

[SMART_Trader]

A Request to 60 min flow traders.

Somebody kindly post an annotated chart after day end regularly. Many of the forum members like me are not able to watch the market during trading hours.But we are keenly following the thread and learning.

Please do help these unlucky guys who cannot trade and learn under the active guidance of the master himself.

Regards
SMART_ Trader.

 

[nagendra_gb]

Adding to the above can we have a small table like structure which gives the current position in nifty ABAN JP HDIL and other shares which we do.. please add more colomns if we want..

Script Name SAR Position Addpoint P/L

 

[Reji]

Hi

Regards

Reji

 

[columbus]

A Request to 60 min flow traders.

Somebody kindly post an annotated chart after day end regularly. Many of the forum members like me are not able to watch the market during trading hours.But we are keenly following the thread and learning.

Please do help these unlucky guys who cannot trade and learn under the active guidance of the master himself.

Regards
SMART_ Trader.

You visit this link.

http://dipoletech.com/tradingtool/

You will not only get day charts but also for various periods with different indicators/oscillators.

 

[chiruvyapari]

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!

Nifty Fut Closed at : 4506.50
so,
Profit/Loss in Current Trade = 4506.5-4354 = +152.5 Points

the figure you have mentioned(i.e -23 points) is the max.loss you will incur. but, at present the trade is in profit.

 

[musicjunkie]

Nifty Fut Closed at : 4506.50
so,
Profit/Loss in Current Trade = 4506.5-4354 = +152.5 Points

the figure you have mentioned(i.e -23 points) is the max.loss you will incur. but, at present the trade is in profit.

Hi Chiruvyapari,
We try to block out mind of any gains after the stop loss. Supposing we gap down now and bar after bar hit out SL, it will be a loosing trade. M4UH will always calculate P/L based on SL placement.
MJ-

 

[Smart_trade]

Eagerly waiting for your daytrading system in MJ's thread Saint ...

Regards and as always,Trade well !!!

Smart-trade