Going With The 60min Flow!!!

[ramash]

hello saint,

am following this thread for a couple of days and doing some paper trading with aban,litl,hdil.

Can u correct me if the current PL of Hdil now stays at

308.5 - some space (2) = 306.5

ramash

 

[Saint]

Okay......peace, boys.All of you are a fantastic group of individuals come together.I know that boys will be boys,but enough brawling,.......time to shake hands.......

Now where is Czar with that virtual handshake?

Saint

 

[Smart_trade]

There is a betting pool going on, on the side for ....

"who will have the last word" , the closing time for the bets was 6:30

So please no more posts on 'that' topic now, anyway they don't count.. Lines closed

THANKS

Pool (your term not mine !!!) closed and ground cleared well before 6=30 NC

All peace now !!!

Agree with you,no more posts on that topic lets maintain dignity of this thread !!!

Smart_trade

Smart_trade

 

[tanewbie]

ALL IS WELL THAT ENDS WELL!!


thanks to RK's deviation, we got some excellent posts by SAINT and AMITBE

on the subject of system and discretonary method.
So thanks to RK and abv all to SAINT and AMITBE!!

 

[mk4r8]

Okay......peace, boys.All of you are a fantastic group of individuals come together.I know that boys will be boys,but enough brawling,.......time to shake hands.......

Now where is Czar with that virtual handshake?

nice said saint... totally agree with u

 

[Smart_trade]

hello saint,

am following this thread for a couple of days and doing some paper trading with aban,litl,hdil.

Can u correct me if the current PL of Hdil now stays at

308.5 - some space (2) = 306.5

ramash

Your post is getting lost,let me take the liberty of answering !!!

Yes Ramash you are right.The level shown on your chart is the PL.

Best Wishes,

Trade Well !!!

Smart_trade

 

[mk4r8]

ST 308.5-2=306.5

please xplane why -2?

and why -15 for nifty f ???

ie.. if we take sl = PL - x= ...

how do we come to x value

on the above post hdil x is 2
NF x is 15

any ..one.... please enplane ?????

any reply will be appreciated

thanks
mk

 

[Reji]

A bit premature........but ADD point in NF coming up at 4560.

Saint

Dear Saint,

Slightly confused with this add point of 4560. How did you arrive this level?

Another query. Was 4472+7=4479 a possible add, as NF opened gap down and no pivot formed and we are already on long

Regards

Reji

 

[Prabhjeet]

I request everybody to kindly not point fingers at RK, he is a great learner and wont agree with anything until he is sure that it works. I am sure the only way a rule will enter or exit RK's trading rules is when the profit/losses of many trades prove it.

The world has always been dominated by ones who have questioned & I totally agree with RK's views but after reading so many posts criticising RK I believe that he should give a serious thought to starting a new thread, plz. take that in right spirit.


Saint has given us the main recipe and whatever anyone says there will always tweaks here & there by most of the system followers

Regards

 

[myvineet]

ST 308.5-2=306.5

please xplane why -2?
nd why -15 for nifty f ???
ie.. if we take sl = PL - x= ...
how do we come to x value
on the above post hdil x is 2
NF x is 15
any ..one.... please enplane ?????
any reply will be appreciated
thanks
mk

mk

the figure of x ..[we call it room ] is derived from back testing of past data ..
the figure is different for every stock ..the figure should save us from entering in false trades & should be small percentage of stock value with which we are comfortable with our risk management ..

hope it clarifies...

regards