Going With The 60min Flow!!!

[rakeshluthra430]

Dear Saint
60 min chart has formed 4 bars consecutively including first bar down. But whether to call it WRBs and move the stops using 2 bar method??

No LV...we resort to 2 bar method if the move is too steep....not in the current situation.

Lets wait for a lower PH to form..

Rakesh

 

[yashodhan]

ABAN add at 2353?

Yes, Aban add at 2344.


and SAR at 2392 + 20 = 2412.

I saw some posts saying SAR at 2392 + 15. Has room for Aban changed?

 

[rishig38]

Yes, Aban add at 2344.


and SAR at 2392 + 20 = 2412.

I saw some posts saying SAR at 2392 + 15. Has room for Aban changed?

that was my mistake...it should be +20...

 

[lvgandhi]

Dear Saint
We have continuous 5 bars lower with out pivot today.
SL is 150 points away. Yesterday's last bar is pivot today.
if the 14 :00 bar doesn't cross 4110, then we have a lower PH in 30 min chart for Sep NF. Should we lower our SL in that case?

 

[jitu123]

Should New SAR for NF 4175+15 ?

 

[man4urheart]

Current Position Of NIFTY in thread

Position Start Date: 24 -Sept-2008
SHORT Since : 4168
Stop Loss:4197+15 =4212
Profit/Loss in Current Trade = 4168-4212 = -44 Points

We change our Position to LONG if NIFTY Trades above :4212

Note: If you follow stoploss on OCT, stoploss is 4222

There is no change in Stoploss!

 

[rakeshluthra430]

Current Position Of NIFTY in thread

There is no change in Stoploss![/COLOR]

.......we all are waiting for the lower ph...but not going out of way to create one.....lets see...the last hour of expiry day is usually violent.

Rakesh

 

[musicjunkie]

Supposing the current 30min bar closes here and the next one breaks the latest low, and continues a run (dont want to see tails n stuff) I dont mind moving the SL to 30min pivot.
But that's just me. ^^the above expects too much, lets see what happens, as Rakesh said, last one hour turbulent.

MJ-

 

[man4urheart]

I think until we have a

- Big GAP in NIFTY
OR
-We see movement of NIFTY atleast about 200+ points either way

We shoud not look for 30 min or 2 bar gap rule!

 

[musicjunkie]

Yup M4uh that's the plan......4get my post, more of a deviation then

MJ-