Going With The 60min Flow!!!

[Prabhjeet]

Wow hope every one enjoying their profits at todays Gap down .... me out of trade from yesterday as there is some personal problem will be join from monday

So much reading in two days left....... this thread becoming like going to school if missed some days then neeed to work extra hour to finish pending home work


Regards
Satya

Where are you man, missing many friends like you, rk & Mj

 

[KomaL2099]

RCAP SAR at 1000

 

[Smart_trade]

Are we saying that after 3-4 white candles,one black candle and then the top of that black candle becomes a pivot high and it is to be traded with the low of that bar less space as stoploss ?

And no Sir,we are not here to get the free catch.We are sitting behind the quote terminal ,working on charts,levels etc and still there is this confusion !!!So timely correction by Saint is necessary.

Smart_trade

 

[Prabhjeet]

I know it would be very difficult...even for the people who know the system....double check with others.

Dont agree with you on the fish bit.....I think all here to learn the system...no one wants a ready to eat fish.

So lets see how it goes from here...good thing is that Saint will be there after the markets to tell us what system should have done.

Thanks,
Rakesh

Rakesh its not that people dont want to learn but it is that the flow of the posts is so fast that many are caught unawares in the middle of their trades and dont understand what should be the next step.

Everyman should be to himself

 

[man4urheart]

Due to too many confusions in Stoploss and tantamount to updates for 3 positions.

I am planning to Stop updating for RCAP and ABAN!

Will only update NIFTY!

Seeing the volatility I have also closed my ABAN long position yesterday only playing with NIFTY in pure Flow!

 

[Prabhjeet]

Sam my stoploss still same as morning 3797, looks pretty deep now but I think we should get a pivot lo higher than this level

 

[AMITBE]

Taken...and whole heartedly agree!

Saint

I agree.
Go solo is the only way.

 

[rakeshluthra430]

Are we saying that after 3-4 white candles,one black candle and then the top of that black candle becomes a pivot high and it is to be traded with the low of that bar less space as stoploss ?

And no Sir,we are not here to get the free catch.We are sitting behind the quote terminal ,working on charts,levels etc and still there is this confusion !!!So timely correction by Saint is necessary.

Smart_trade

I agree with you....no one here to get the free fish....now coming to your question..

See...we have a steady fall in Nifty for the last few days (day b4 was an abberation)....today we get a vitious gap down....ideally we should expect a short covering rally by eod trades(this is how I think.....others may not agree). we expectd this in the morning and had moved our stop to 1st 5 min bar+20...
markets went up there but not that violently....but still it alerted us for that violent move up.
So now we are looking for reasons to go long....which came at 3933+15.

As I have said before...this is not in the rules....but Art has no rules!!!!!

 

[Prabhjeet]

Thanks for understanding Saint, this is the only way to make people learn the concept of 60 min. flow

Regards

 

[man4urheart]

Pure Flow Traders

Current Position Of NIFTY in thread

Position Start Date: 17 -Sept-2008
SHORT Since : 4011
Stop Loss:4085+15= 4100
Profit/Loss in Current Trade = 4011-4100 = -89 Points

We change our Position to LONG if NIFTY Trades above :4100

one time update, to remove confusion, who is doing what!

Agressive Traders

Position Start Date: 17 -Sept-2008
Long Since : 3933+15= 3948
Stop Loss:4085+15= 3888-15 = 3873
Profit/Loss in Current Trade = 3948-3873 = -60 Points

We change our Position to SHORT if NIFTY Trades above :3873