Going With The 60min Flow!!!

[milkyblack]

Saint,

ABAN
GMR are u long now at 82.25? SL for Reversal?

Regards

 

[vinst]

Hi Vin will try to repost what i was saying

Before this what i was doing when a Gap comes against the long position then wait for 5 min bar to form then if low broken then reverse the position to short keeping SL as previous pivot high not the Gap days high

But As saint said on friday we should keep stop as Gap days high and if this taken out we should reverse position
that is why we have two trade on friday and finaly we short on friday with days high as Stop

Again what i was saying if our trades are contineus then most gap will come inline with our trading position and the Gaps which comes against our position mostly changes tend so was thinking first 5 min break is enough

this is my thinking may be wrong

Regards
Satya

satya ,
thanks

 

[vinst]

NF PH is very far at 4179. I suppose the down move today has been fast, so perhaps 2 bar SL can be placed at 3983 (now 3:10 pm)
regards,
vin

 

[milkyblack]

SESA also good move! But do not have with me

Regards

 

[milkyblack]

Saint,

ABAN
GMR are u long now at 82.25? SL for Reversal?

Regards

Saint, why long at 82.25, last time also GMR I had confusion! And this time I have position SL of long trade to revert to short for GMR?

Regards

 

[vinst]

friends,

A possibly silly question. can we as individuals short in cash and carry? the stock lending thing is in place or not yet?

vin

 

[kenneth]

Hi Milky and Satya : A smll request, Can u please post a chart of June trades with the points where the trades were taken duly marked. Will help cleara few doubts!!! Also confirm whether any jiggling space has beenfactored in the results of June 2008!!?? Also check the SL figures seem to be wrongly typed, other than in first trade all other are reversal figures rather than the SL figure!!!
Thanks.
-R K Karnani
ps.: May be the charts were posted as and when the trades were initiated , but getting the entire picture at a go wud be much more helpful.

RKK,Milky and Satya,

Please see the attachments for June trades if they are of any help
Regards
ken

 

[milkyblack]

RKK,Milky and Satya,

Please see the attachments for June trades if they are of any help
Regards
ken

WOW!
Grt thanks a lot for the excel sheet! DID u formulate it directly from the chart to backtest it?
Amazing! Can I too backtest it using MS, and excel? If possible plz explain!

Regards

 

[milkyblack]

Hi Milky and Satya : A smll request, Can u please post a chart of June trades with the points where the trades were taken duly marked. Will help cleara few doubts!!! Also confirm whether any jiggling space has beenfactored in the results of June 2008!!?? Also check the SL figures seem to be wrongly typed, other than in first trade all other are reversal figures rather than the SL figure!!!
Thanks.
-R K Karnani
ps.: May be the charts were posted as and when the trades were initiated , but getting the entire picture at a go wud be much more helpful.

Hello RKK Sir,

Very nice to see your post!
I would definately do my best to post the chart, plz give sometime till late evening!
Sir, jiggling space has not been taken into consideration, I would post the exact result also with the chart!

Kenneth has done a grt job! He has posted a chart and excel sheet! Hope that helps!

Regards

 

[milkyblack]

hi milky yes i do trading with 60 min pivots but not strictly as the rule here
even i skiped some long trade coz daily is in down trend etc etc

No what i was saying if we can post our charts for diffrent months with pivots then we can cross check where we go wrong and find out valid pivots and see if we trade for last 6 months then how much point we can have

Hope you can join ...... i have data from december 07 may be posting today evening a chart with pivots you please comment on that if possible then post a chart with pivots for the month of december 07



Regards
Satya

Satya,

Grt effort from your side! I will definately participate!

Regards