Going With The 60min Flow!!!

[lvgandhi]

should we consider 13:00 bar as new lower PH and change SL for Nifty futures. For Oct it is 4239. Hence SL 4254

 

[rakeshluthra430]

should we consider 13:00 bar as new lower PH and change SL for Nifty futures. For Oct it is 4239. Hence SL 4254

Was waiting for 2 pm to lower the stops.....
No....we still look at the Sep futures....so the stops for today and maybe tomorrow will be 4226+15 on the Sep futures.

Sorry..its 4227+15. Please take note. Stops lowered to this new figure now.

Rakesh

 

[rkkarnani]

Satya, no, absolutely no reason to apologise.
You've made an interesting point, and frankly, I did not take your use of the term pivots as being support/resistance areas. Quite often gaps in either direction are arrested at points we would have traded if not for the gaps.

For those who feel tempted to tweak the heck out of this system at gaps, there certainly lies an opportunity.

Great going!

BTW any pivots on the lower side today so far?

Amit.

Yesterdays 4 PM bar's low is the nearest PL now in 60 minutes chart !!!

 

[jitu123]

4239.95 seems to be PH for Oct NF.
Should SAR be now 4239.65+15

pls confirm!!

 

[lvgandhi]

Was waiting for 2 pm to lower the stops.....
No....we still look at the Sep futures....so the stops for today and maybe tomorrow will be 4226+15 on the Sep futures.

I am already on Oct NF. Hence I posted values for Oct.

 

[jitu123]

Oops already answered...

 

[rakeshluthra430]

I am already on Oct NF. Hence I posted values for Oct.

We all are in Oct futures LV....but still we track the Sep futures till tomorrows expiry. After that, we may have to re-position our stops. I think Saint has already elaborated on this.

Rakesh

 

[jitu123]

Now 2 pm Bar showing PH 4228.8 for Sep contract

 

[milkyblack]

ABAN bringing down the short SL to 2439

Regards

 

[rkkarnani]

I am already on Oct NF. Hence I posted values for Oct.

Lvg, Trade the Oct futures when the levels happen in September!!! Avoid calculating the levels for October based on Premium Discount difference!!!
If a level gets cracked in Sep. change your position in Oct at the existing levels there!!!