Going With The 60min Flow!!!

Which Futures do u all trade with real Money?

  • MiniNifty

    Votes: 28 40.6%
  • Nifty

    Votes: 50 72.5%
  • Aban

    Votes: 16 23.2%
  • L&T

    Votes: 18 26.1%
  • Hdil

    Votes: 6 8.7%
  • JP asso

    Votes: 6 8.7%
  • RIL

    Votes: 5 7.2%
  • Relcap

    Votes: 11 15.9%
  • Suzlon

    Votes: 6 8.7%
  • Educomp

    Votes: 8 11.6%

  • Total voters
    69
  • Poll closed .
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milkyblack

Well-Known Member
hi
need some help, had bought 10 shares of L&T 2nd week of MAY 08 (DELIVERY) had them in my demat account at around 2900 after which have not been able to sell.
Some time back bonus of 1:1 was announced.
But now i donot know if i am eligible for the bonus , if i am then how long do i have to hold them or can i sell now or what.
Can experts recommend some thing i am already obliged
If you have bought the shares before the bonus was declared then you should get it!
I do not know why you are unable to sell!
Some senior member can help you here!

Regards
 

vinst

Well-Known Member
In my chart, 3pm candle low is 4465.5 and high is 4493.6. On either side candles have higher high and higher lows. Can this 3pm candle not be considered as pivot low?
Your values are correct. The 3:30 candle showed higher low. But today's first hourly candle had low of 4441 so it did not allow yesterday's 3pm candle to become pivot low (basically as 5 bar construction) which can be used with Saint's method here.

ystrday 3pm candle can only be a minor pivot (3 bar construction).

This is how i understood. open to revisions, though.

regards,
vin
 
Dear friends,

I am interested in doing intraday trading based on 60 minutes chart. I shall be very much obliged if some of my friends in this advise me in the following points
1 I am having amibroker as my charting software. I think it will do for me.
How can I get realtime quotes from ***** or similar free quote services.

2. How can I configure the software for this

Thanking you in advance

With regards

pulimath
 

milkyblack

Well-Known Member
Hello All,
NF for June 24th, we made fresh lows, but not yet formed major pivot high! But SL bring down to 4372+

Please suggest on this new SL, until then I consider it for calculations!

Code:
So for the June Series so far...

Number	Trade	Level	SL	Initial Risk	P/L(Close)	Remarks

5	Short	4505-	4372+	+133		+228		

4	Long	4499+	4505-	Closed		+6		Gap down

3	Short	4640-	4499+	Closed		+141

2	Long	4636+	4640-	Closed		+4

1	Short	4826-	4727+	Closed		+190

Total booked P/L = +341pts
Regards
 
I would be grateful if somebody could guide me a simple method for identifying a pivot High and Low.

If somebody has code in MS which can mark PIVOT bars it can be great.
 
Last edited:

milkyblack

Well-Known Member
Hello All,
NF for June 25th, SL brought down to the latest major pivot high 4337+
Looks like a V move... in tht case SL is 4274+ ... not sure... if the fall continues 2mw... then SL 4274+ ... until then SL taken as 4337+ for calculation purpose!

Code:
So for the June Series so far...

Number	Trade	Level	SL	Initial Risk	P/L(Close)	Remarks

5	Short	4505-	4337+	+168		+375		

4	Long	4499+	4505-	Closed		+6		Gap down

3	Short	4640-	4499+	Closed		+141

2	Long	4636+	4640-	Closed		+4

1	Short	4826-	4727+	Closed		+190

Total booked P/L = +341pts
Regards
 
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