Going With The 60min Flow!!!

[rishig38]

Neeraj,

That is why wanted you to understand that there are 2 varieties here........the Pure Group should still be holding shorts,the Aggressive Group should have turned around.

Also wanted you to understand the differences and choose accordingly as per your personality.......also,that each and every stop cannot be dictated and put up here due to the speed of moves.

As said,it's a Fishing Thread and not a Fish-for-free thread......Any doubts,catch Rakesh!!He is seeing what I see.

Saint

Saint, so the pure group that should still be holding shorts, what is their SAR? Is it still 4061?? Maybe it is better if we create too separate threads for these two groups, rather than getting ppl confused..just a suggestion..

 

[Prabhjeet]

Confusions every where, people holding longs, shorts at the same time

 

[rishig38]

Confusions every where, people holding longs, shorts at the same time

Can some one summarize the Nifty Pure and Nifty aggressive's positions??

 

[lvgandhi]

whether SL is 3888-15=3873 for long?

 

[milkyblack]

Hi MB...

Sorry to post again on this, and though we may rip this threadbare, but in my humble opinion, it still really is a matter of perception.

One can say yesterday the 30 min pivot was even more obscure than the 60.
One may say yes 60 min pivot may have had something to it, but got befuddled by the rapid V-shaped moves in both directions.
One may say I did wrong and you did right.

Through all these ifs and buts and mays and junes, the fact is that the market was right and proved my position wrong.

So yes, the perceptions are two, and both correct, but only one can be on the right side in this trade.

And on the face of it, this system may seem simple, but thats far from being true.
As it will pan out, the issues of deep SAR levels, risk/money management are going to be pretty straight forwardas periodic formation of pivots will iron that out.

More importantly its the how and whys of SAR/pivots formation under different conditions/periodicity that will be the real learning.
Why?
Because in saying it is a matter of perception, the assumption is there will be no uniformity, and that in this system there is room for subjectivity.
And whose perception will win the day?
The Chosen Ones.
And who may that be?
Its the one who finds himself more often on the right side of the market than not.

And who amongst the team may that be?

I believe each one of us.
Because once the position has been moved, the flow will take us where it will.

Today is a case in point.

Amit.

Hi Amit...

Thanks a lot for the wonderful post... I completely understand the perception part in trading pivots... Though all over here are trying to make it objective as much as possible...

Yes now the market is back to action... we chosen one's are happy now... rather I am glad... I got an add point at 3854... If Stop not taken... I have a reason to be happy and the chosen one

Regards

 

[ThE HaMmEr]

Neeraj,

That is why wanted you to understand that there are 2 varieties here........the Pure Group should still be holding shorts,the Aggressive Group should have turned around.

Also wanted you to understand the differences and choose accordingly as per your personality.......also,that each and every stop cannot be dictated and put up here due to the speed of moves.

As said,it's a Fishing Thread and not a Fish-for-free thread......Any doubts,catch Rakesh!!He is seeing what I see.

Saint

sir i am also trying to learn.........i understand some part of the 30 min tweak....

problem is that i am not having the charts......

so depend upon seniors here.......

 

[Prabhjeet]

Neeraj,

That is why wanted you to understand that there are 2 varieties here........the Pure Group should still be holding shorts,the Aggressive Group should have turned around.

Also wanted you to understand the differences and choose accordingly as per your personality.......also,that each and every stop cannot be dictated and put up here due to the speed of moves.

As said,it's a Fishing Thread and not a Fish-for-free thread......Any doubts,catch Rakesh!!He is seeing what I see.

Saint

Now you are talking sir. I always wanted to convey the same thing that if you want to follow the aggressive strategy you should know when tweaks are to be used otherwise follow the pure method, many more will still come and ask why changed to longs.

Everyone should decide for themselves which method to follow. Rakesh is doing good job so either have his kind of a mind or stay with the pure method

 

[Saint]

Saint, so the pure group that should still be holding shorts, what is their SAR? Is it still 4061?? Maybe it is better if we create too separate threads for these two groups, rather than getting ppl confused..just a suggestion..

Pure Flow Traders:Holding Shorts,reversal at 4100

Aggressive Flow:Holding longs,reversal back to shorts at 3873.

Saint

 

[tanewbie]

30 mins chart of nf

 

[Prabhjeet]

Ha... chosen ones are at the moment the happiest group

Cheers