Going With The 60min Flow!!!

[Saint]

As per esignal chart low ws 4340 but NSE low is 4331

so add@4324

My mistake......apologies.

Mine shows as 4340 as well.

Thanx!

Saint

 

[rakeshluthra430]

My data shows 4340 as the low....would someone pl reconfirm?? And yes, its (whatever the low)-7 to add.

Saint,
What do we do in such situations...my data too showed 4340 as low...but tanewbie and ivgandhi are also corrrect..NSE low of 1st 5 min bar shows 4331. Do we go for the lower among the two or trade our own data...faulty that may be?

Rakesh

 

[man4urheart]

Current Position Of NIFTY in thread

Short Since : 4425
Stop Loss: 4372 + 15 = 4387
Profit/Loss in Current Trade = 4425-4387 = 38 Points

We change our Position to LONG if NIFTY Trades above :4387

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

 

[AMITBE]

As per esignal chart low ws 4340 but NSE low is 4331

so add@4324

Hi tanewbie,

I too use eSignal, and shows the same levels as yours.
I've seen there's always loss of data at gap opens, or where price moves at an important level with volume. This happens every time. For the rest it's ok.

Wonder what we can do?

Amit.

 

[rakeshluthra430]

Hi tanewbie,

I too use eSignal, and shows the same levels as yours.
I've seen there's always loss of data at gap opens, or where price moves at an important level with volume. This happens every time. For the rest it's ok.

Wonder what we can do?

Amit.

When there is so much of a difference in the opening bar (7 points in a 5 min bar)...isnt it possible that 4331 might have been a freak trade? And that be the case, shdnt it be avoided? Of course, this is just an openion...needs some pondering from the seniors side...

 

[inspire]

Friends -
PH at 4371.75 IMHO SAR per rules should be 4387. (Just in case if the 10paise power holds again )

Regards
Inspire

 

[rkgoyal_98]

Hi,
ICICI direct low also 4331

regards
rajeev

 

[musicjunkie]

Saint,
Why did we move the Stop to today's high? don't you want to wait sometime till the bar is over? Sorry if im missing something obvious

MJ-

 

[cheeku]

When there is so much of a difference in the opening bar (7 points in a 5 min bar)...isnt it possible that 4331 might have been a freak trade? And that be the case, shdnt it be avoided? Of course, this is just an openion...needs some pondering from the seniors side...

Can we exclude 1st bar of one minute coz it is the bar which always confuses and yet makes all the difference in trade as well as opinion. Senior's guidance required.

 

[Saint]

Saint,
What do we do in such situations...my data too showed 4340 as low...but tanewbie and ivgandhi are also corrrect..NSE low of 1st 5 min bar shows 4331. Do we go for the lower among the two or trade our own data...faulty that may be?

Rakesh

Rakesh,all that testing over the last 2 years was done with the data that one has,however right or wrong it may be.The amount to add was fixed from the data that one has........therefore sticking to data however faulty it may be at times.


Saint