Going With The 60min Flow!!!

[lvgandhi]

Not just the sideways move,SmartT.....shall post later in the night.

Gotta run now.

Saint

It will be nice to know your reasons.

 

[milkyblack]

hi MB as market is in new low so lets enjoy profits and have some discusion
If Below in chart (Hypothetical) happened today then can we take high of the day as reversal pivot ??.... i think.... the ralyy should have more in this case otherwise the low should be bit far from the days low which was at that time waiting your veiws

Regards
Satya

Hi Satya,

Sorry for the delay in posting... came back home in the morning... was out till late....

Well, Satya for this type of case... we can not help much... reason... when you say that the low should be bit far....Now HOW far? Who will decide? If you have a system to decide ... that say 75/65/50/150 points etc low then fine... otherwise... simple... just go with this system... low broken then latest PH activated.... that is it!

Following a system blindly... .when you sense that the market is going to take out you SL... sometimes maybe disappointing... but if it keeps on happening... then Bingo... you just developed a new system.... as a particular type of pattern is repeating... and you sensed it

Regards

 

[milkyblack]

Taking the hypothetical chart above........not enough for moving your stops down and reversing,then need more sideways,or more lows,....... something similar happened at the 4520 tops .

Saint

Already answered
But different from what I answered... thanks Saint...
Just gave my views on it too... help me learn better

Regards

 

[AmritaBasu]

Happy Onam to all

 

[Satyen]

Hi Satya,

Sorry for the delay in posting... came back home in the morning... was out till late....

Well, Satya for this type of case... we can not help much... reason... when you say that the low should be bit far....Now HOW far? Who will decide? If you have a system to decide ... that say 75/65/50/150 points etc low then fine... otherwise... simple... just go with this system... low broken then latest PH activated.... that is it!

Following a system blindly... .when you sense that the market is going to take out you SL... sometimes maybe disappointing... but if it keeps on happening... then Bingo... you just developed a new system.... as a particular type of pattern is repeating... and you sensed it

Regards

Hey MB dont be sorry yaar thanks for your reply

Regards
Satya

 

[KomaL2099]

Nifty SAR remians at 4344 if gap up opening is below this level.
If Gap up above 4344 then SAR will be changed to (First 5 min HIGH + 15).

 

[musicjunkie]

Pivot at 4329 (Still confused why this is the pivot though)
SL @ 4344

Nifty is most likely to open above pivot, wait for 5min and going long at break of high +15.

MJ-

 

[rakeshluthra430]

Nifty SAR remians at 4344 if gap up opening is below this level.
If Gap up above 4344 then SAR will be changed to (First 5 min HIGH + 7).

Hi,
It is First 5 min high + 15.... we use the 7 pt filter only for adds.

 

[milkyblack]

Hey MB dont be sorry yaar thanks for your reply

Regards
Satya

Regards

 

[milkyblack]

GMR revert to long at 98.9 + .7 = 99.6

Am I right?

Regards