Going With The 60min Flow!!!

[Saint]

Originally Posted by Ank!t007
SAR Level for HDIL is at 318.3 + 3 = 321.3 too far away sir Shall we use two bar method here and put stop at 314 + 3 = 317 ? Or wait for better r/r ratio ?

Ankit

Stop Loss is at 321.3 at the start of the trade.......yes,now at 317 as correctly mentioned by yourself.

And as described many times before.........your capital is your power.And as always,risk management is vital.

Saint

 

[Saint]

Saint :

What will be the SAR - 316.05 + ?

Give it Rs 3 on this one........Reversal at 314 + 3=317

Saint

 

[Saint]

Short in all our usuals,still long in POWER GRID.

INITIAL POSITION: 94.5
ADD 1: 99

ADD 2 is coming up at 100.75

Saint

 

[rkkarnani]

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.

Very well put dada!!!!!

 

[tanewbie]

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

Excelent Ank!t007. It requires courage to not to do a trade based on money management. with this kind of discipline, your trading future looks really bright.
Keep it up and all the best!
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I use a 2% risk in my mm.
say I hav 1 lac capital
2% risk comes to 2000 rs loss
Since short was @4425 and stop @4507, risk was 82 points
Add to this 5 points for 2 way brokerage+levies.
total risk=87 pts.

now 2000/87 gives 23+ shares.
Thats equal to 1 mini nifty for this trade based on 1 lac capital+2% risk.

 

[KomaL2099]

Nifty Short at 4425 SAR at 4507 (4492+15)
1 ADD will Come at (fisrt 5 min bar low - 7).

 

[lvgandhi]

Will it be add after first 5 mn low-7?

 

[pakatil]

Will it be add after first 5 mn low-7?

I think yes, if Gap Down, Which looks imminent.

 

[man4urheart]

Current Position Of NIFTY in thread

Short Since : 4425
Stop Loss: 4493 + 15 = 4508
Profit/Loss in Current Trade = 4425-4508 = -83 Points

We change our Position to LONG if NIFTY Trades above :4508

Current Position Of ABAN in Thread

SHORT Since : 2349
Stop Loss: 2419 + 20 = 2439
Profit/Loss in Current Trade = 2349-2439 = -90 Points

We change our Position to LONG if ABAN Trades Above :2439

 

[lvgandhi]

Is 4331-7=4324 is add point?