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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man4urheart

Well-Known Member
Since ABAN is also traded actively in thread by lot of team members. I am also starting to maintain the Position for ABAN

Current Position Of NIFTY in thread

Long Since : 4354
Stop Loss: 4440 - 15 = 4425
Profit/Loss in Current Trade = 4425-4354 = 71 Points

We change our Position to SHORT if NIFTY Trades below :4425

Current Position Of ABAN in Thread

Long Since : 2112
Stop Loss: 2320 - 20 = 2300
Profit/Loss in Current Trade = 2300-2112 = 188 Points

We change our Position to SHORT if ABAN Trades below :2300
 
Yes,psj......and welcome to Traderji!

Saint
Thanks Saint.

I started NF trading from Mar2008 and till July, I did with out any mechanism ( still I could make profit, BUT,,,, with out any confident and with out knowing whether my next trade will get profit or not)...

From Aug2008, I started with 'Going With The 60min Flow!!!'... even though I didn't make any profit [ :) ], I got confident and I am going to continue with this...

This is my first question, in this thread.. (as usual, I could read the initial posts), BUT, if you reply me for this, it will be helpful for me...


Today's NF lows at 10am 4448
at 11am 4440
at 12 4455
at 1pm 4460
(the figures may be not so accurate as I have taken it from NSE).

Is the 4440-15 ST is confirmed at 12 or 1.00pm?

(If your answer is 1pm, can i say that we have to see two Higher Lows after 4440 in this example.
If your answer is 12, can i say that we have to see one higher low after 4440, but to wait next 60mins to confirm.)

Regards,
PSJ
 

AMITBE

Well-Known Member
Saint, got your point, shall desist from posting any deviating trades here!!!
Thanx for pointing it out!!!
But Saint, Beware that I shall surely post here to pester you as in the past, in case some trade levels or Sl levels posted here are not understood by me and feel are not as per the rules understood by me!!! :D
I had specifically posted that it is a deviation of rules.... so there should not have been any confusion!!

And I am thankful that you did not take my posts as to belittle you!!! Its beyond imagination that i should even think of 'one upmanship over Saint'!!!

Yes, some portion of the Post above by you would have hurt me had it been from someone other than you!!! Just becoz i know you , I understand that all has been written by you with the view to keep the interest of all in mind, for the general good at heart as always!!!!
So
Your advise taken and assure you no feelings hurt!!! Thanx again Saint!!!
Regards
R K Karnani
R K Karnani,

I believe it's neither about confusion nor rule deviation.

As taught by Saint, keeping the "I" factor out of one's mind is same as learning to deal with emotions like fear and greed, both of which lead to severe financial/personal punishment at the end of the day.

I'd b a pretender if I said there is no anxiety on gap up days, seeing my position deep in the money but not fighting back the urge to take my money and run. That's part of human nature and cannot be denied it's place.
The converse being true on gap down mornings, running deep loss, yet praying fervently for a reversal without an action plan.

So there are well tried and tested rules that equip us with the fight back when the markets get challenging. I'm sure you'll agree that since trading these rules one sleeps well, without anxiety of what the morning will bring, nor sitting up late night watching how the Dow is doing.

No, I don't believe you caused confusion. From what I can see most everyone here by now knows what they are doing.
But as learners, or re-leaners struggling to kick bad habits, you may have inadvertently touched some old scars caused by not trading a determind plan and surrendering to a bad habit.
It's like blowing smoke at someone agonising over kicking smoking. It's disruptive.
Having done so, don't be too burdened by it. That's what the market does, just when you think it's all sitting pretty. A few days ago another senior at the forum did the same.

This is learning still, and what's important is to learn to protect ourselves from the self, rather than the market.

I've been seeing your posts regularly, and there's lots of spirit there. Keep going.

And then, of course, Saint's around. Furthermore, he's gentle, and Czar would affirm that, I wager. :)

Amit.
 

rishig38

Well-Known Member
Since ABAN is also traded actively in thread by lot of team members. I am also starting to maintain the Position for ABAN

Current Position Of NIFTY in thread

Long Since : 4354
Stop Loss: 4440 - 15 = 4425
Profit/Loss in Current Trade = 4425-4354 = 71 Points

We change our Position to SHORT if NIFTY Trades below :4425

Current Position Of ABAN in Thread

Long Since : 2112
Stop Loss: 2320 - 20 = 2300
Profit/Loss in Current Trade = 2300-2112 = 188 Points

We change our Position to SHORT if ABAN Trades below :2300
man, what is the new position on Nifty now? Do we have a new add coming up somewhere? And is 4425 still the stop loss??
 
A bit premature........but ADD point in NF coming up at 4560.

Saint
 
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