Going With The 60min Flow!!!

[nagendra_gb]

CURRENT POSITION
NIFTY SHORT at 4425 SAR at 4492 + 15 = 4507

ABAN SHORT at 2349 SAR at 2419.65 + 20 = 2439.65

LITL SHORT at 292 SAR at 303.5 + 3 = 306.5

GMRINFRA SHORT at 99.55 SAR at 104.10 + 1 = 105.10

JPASSOC SHORT at 169 SAR at 176 + 1 = 177

Dude...

Thanks a lot it really helps us ..

 

[mitasatyajit]

Respected Saint / other members of this thread

I am not clear about the "room" u use for calculation of SAR. Kindly clarify the same.

As I am very late in this thread, I could not understand the same. Sorry for the inconvenience.

Regards

Satyajit

 

[rkkarnani]

Respected Saint / other members of this thread

I am not clear about the "room" u use for calculation of SAR. Kindly clarify the same.

As I am very late in this thread, I could not understand the same. Sorry for the inconvenience.

Regards

Satyajit

Satyajit Da, The room is the filter we use to avoid whiplashes in reversals... now how much room do we give!!!
It is predecided for each script or nifty... we use 15 points for Nifty , 20 points for aban, and 1 or 2 for other stocks like JP, hdil litl etc....
The value of room is totally derived from the back data of the script in question!!! (May be upto an year or more), the more volatile the stock the bigger the room, as we are giving 20 points in aban where as only 15 in Nifty!!! We analyse the back history and derive the 'optimum' room size which should not be small to loose its significance or big to reduce our profits unnneccesarily!!! Saint was very kind to have done this hard work also for us.
Trust I am almost correct!!!
Regards
R K Karnani

 

[mitasatyajit]

Satyajit Da, The room is the filter we use to avoid whiplashes in reversals... now how much room do we give!!!
It is predecided for each script or nifty... we use 15 points for Nifty , 20 points for aban, and 1 or 2 for other stocks like JP, hdil litl etc....
The value of room is totally derived from the back data of the script in question!!! (May be upto an year or more), the more volatile the stock the bigger the room, as we are giving 20 points in aban where as only 15 in Nifty!!! We analyse the back history and derive the 'optimum' room size which should not be small to loose its significance or big to reduce our profits unnneccesarily!!! Saint was very kind to have done this hard work also for us.
Trust I am almost correct!!!
Regards
R K Karnani

Respected R K Karnani
Thanks a lot for this answer. I shall have close look in this thread for the method u use so successfully.

Also thanks and paying respect to Saint for his hard work and observations on the movement of the price in the market and make a simple trading method for all of us.

Regards.

Satyajit

 

[rkkarnani]

Respected R K Karnani
Thanks a lot for this answer. I shall have close look in this thread for the method u use so successfully.

Also thanks and paying respect to Saint for his hard work and observations on the movement of the price in the market and make a simple trading method for all of us.

Regards.

Satyajit

Dada, Look forward to your fruitful suggestions if any!!!
Regards
R K Karnani

 

[mitasatyajit]

Dada, Look forward to your fruitful suggestions if any!!!
Regards
R K Karnani

Oooooh, how is it possible. I can't interfare any method which is being successfully used. I can't give any suggestion to change or modify writings of "Rabindranath Tagore". I can only follow that.

Regards.

 

[Saint]

Good to see your posts,Satyajit......Welcome!

Saint

 

[Ank!t007]

Let me try to answer

if uncomfortable then 30 min can be used... when a pivot crack on 30 min... but again then the stop for that trade is on 30 min... I mean you should have a clear plan when to use 30 and when not to...

Waiting for better r/r is obviously a YES if it does not fit your r/r model!
Indeed any trade which does not fit your r/r model is a NO.... though it might become a success trade later

Regards

Hey MB thanks for your suggestion.I skipped the trade as it didn't fit my r/r ratio.

As Saint Sir always says "money missed better than money lost"

Ankit

 

[Saint]

COMPLETED TRADE IN HDIL:

TRADE 1:
INITIAL POSITION LONG:298

EXIT:305.50..............+7.50pts


TRADE 2:
INITIAL POSITION SHORT:305.5


Saint

 

[mitasatyajit]

COMPLETED TRADE IN HDIL:

TRADE 1:
INITIAL POSITION LONG:298

EXIT:305.50..............+7.50pts


TRADE 2:
INITIAL POSITION SHORT:305.5


Saint

Saint :

What will be the SAR - 316.05 + ?