Going With The 60min Flow!!!

[SamFisher]

Friends -
The 10am bar 4170 low should be a valid pivot now, right?

regards
inspire

Yes it is so your SAR will be 4155(=4170-15)

Please check earlier posts which already pointed that.

 

[sikandar]

Hi
latest sar

 

[Saint]

Thanks Saint.

Once moved to next month, use next month charts despite wide spreads and lack of liquidity?

Thanks.

Amit.

No Amit,still look at this month's charts........trade as if you were trading this month's charts.Pivots,Reversals all from this month's charts till OptionExp.

Saint

 

[AMITBE]

No Amit,still look at this month's charts........trade as if you were trading this month's charts.Pivots,Reversals all from this month's charts till OptionExp.

Saint

Saint,

Waited for this clarification all morning.

Thanks again.

Amit.

 

[rakeshluthra430]

See..this is how I look at things. Maybe a fault at my end, still trying to rectify it, so that the 'i' and 'me' are done away with.

Coming to your question now...we have 2-3 bars up today morning...if the next bar makes a lower high, we get the current (11 am) bar high as a pivot...which will make it an add point if crossed.

But since this is just an expectation...cant act on it. Plan of action remains the same....just doing a bit of 'scenario analysis' in free time.

Probable add coming up at 4244+7....and if that happens, raise stops to 4183-15.

As of now though...continue holding with sl of 4155. Reiterating.....all fresh positions, adds in OCT contract.

Rakesh

 

[Ank!t007]

RELCAP Trade.

Ankit

 

[TFL]

Is this 60 Minute flow system is out of paper trading?

 

[lvgandhi]

Can we say 4183 as new PL based on 30min chart?

 

[kinkhab]

Hi all
I am new to this forum as well as trading and very happy to join this forum .

On 22ND SEP 2008 yesterday low of bar 2 is lower then 1st and 3rd bar ,may we consider it as pivot Low .

Requesting seniors to give their valuable comment .

Thanks to all senior for such a good thread which can be help full to new bees like me in Trading .

Kinkhab

 

[rakeshluthra430]

Can we say 4183 as new PL based on 30min chart?

Yes...we can say that...

But are we using the 30 min charts in this scenario??No.
So as of now stops remain at 4155. Will be raised to 4183-15, but not now.

Thanks,
Rakesh