Going With The 60min Flow!!!

[KomaL2099]

Hi ALL my veiw

Regards
Satya

hi satya
Can you please guide me why not applying 2 bar rule .. even though there is a vertical movement and no pivot formed

 

[Smart_trade]

hi satya
Can you please guide me why not applying 2 bar rule .. even though there is a vertical movement and no pivot formed

With 2 bars rule your SAR was little above 3900 till the last bar yesterday was completed. Once todays first bar was over,we had a pivot high at a lower level than 2 bar level.We give more weitage to PH than 2 bars and luckily PH was at a slightly lower level and that is where we reversed to long today.

If you are asking why we are not applying 2 bars rule for todays upmove to reverse to short,2 bars rule to be applied after sustained vertical move.

Trade Well !!!

Smart Trade

 

[TFL]

Have seen a very very less no. of people are active in this system for NIFTY trading.
Wht hpnd?

 

[pakatil]

Have been following this method since quite some time.

Not participating in the thread actively, as much of the discussions are confusing and conflicting. Surely above my head.

Would like to Trade the System in its pristine form. .

Cheers

 

[TFL]

Why there is no posts in this thread after market time?
What hapened to all?

 

[TFL]

Can't we take the wide range bars low(near 3958) as new stoploss?

 

[Saint]

Can't we take the wide range bars low(near 3958) as new stoploss?

3958?? ...

Saint

 

[ARMHM]

THE CLASSROOM
(Going with the 60min flow!!!)​

Curriculum: Special education for profitable trading of stock and index futures on NSE, India. Strategies for handling different market conditions, Gap openings etc. To be in trade all the time.
The teacher: SAINT
Teachers motto: part of the well known maxim Teach a man to fish and feed him for life. (Vegetarians may substitute fish for whatever they like.)
Teachers coordinators: czar, rkkarnani, Satya_pinku2003, man4urheart, niftychance, etc.
Lead Group: czar, rkkarnani, satya_pinku2003, man4urheart, niftychance, musicjunkie, rakeshluthra430, etc.
The Students: Class consists of grade 1 to 12 and may be higher graders as well. There may be post graduates also. Age no bar, Sex no bar, Religion/Cast no bar, Occupation no bar. All are welcome. There may be emotionally disabled (broke) students. There are so many students that listing their names is not possible. Active participation in the classroom is of:
AMITBE, czar, faith, haricnair, kapil123, KomaL2099, lvgandhi, man4urheart, milind, musicjunkie, myvineet, neeraj.h, novice1, pakatil, prabhjeetrana, rakeshluthra430, rishig38, rkkarnani, sam fisher, satya_pinku2003, senty, sikandar, smart_trade, vinst, yashodhan etc. etc.
Then there are students who do not enter the class but are observing the activities from windows and door. Still they are classified as students unless they come forward and prove themselves otherwise. Some are on and off visitors/observers. Some observers just want the cream of the crop and interested only in the fish and not learning how to. There is no restriction whatever in doing so.
RULES:
The lessons are perfectly outlined in the beginning of the thread. There are some additions (or tweaks) done by the teacher which are in between. Students are requested to follow them for their own benefits. No one is going to enforce discipline on them.
For late comers:
Please do not ask questions before reading the earlier posts of the day. Ask only relevant questions after that. Remember "Early bird catches the worm".
For late joiners:
Must read the entire thread from Post no. 1 to date before posting anything. Nobody will teach you from ABC. You may be charged for disruptive behavior. (no punishment though )
Resources:
Everyone is requested to arrange for their own resources (market data, charts, finance etc.). There is a good resource for 1 min data for historical back-testing by a traderji member soumya_b on his virtual drive at 4shared. Satya_pinku also posts good charts during market hours as well as after market. And every now and the detailed charts which also include past trade levels and summary of profit/loss are posted by the Teacher himself.
Fighting:
Was observed sometime back but was mild in nature. Or could be called heated debate. In fighting between students the Teacher cum moderators decision will be final.
Cursing:
Not allowed under any circumstances. Use of abusive language will be strictly dealt with by Super Moderator Traderji (by expelling the student from the school)
Talking in class:
Is not considered a good behavior. So refrain from it. If you like someones post, press thank you button.
Inattention:
Is not punishable but for your own good pay attention.
Chaos:
Is usually observed during the absence of the Teacher. It leads to many different opinions coming from all directions. Newcomers are advised not to jump to conclusion during this period and avoid taking any position in the market. Wait for the teacher to come back and handle the class. Chaos is also observed on data issue, SAR issue and on Pivot level issue.
Cheating:
Some students cheat (usually by taking profit off the table if they see it) disregarding the rules. No punishment from the Teacher but in time market will teach them a nice lesson.
Cafeteria:
During sideways market or non-activity period students can visit other threads like Jokes humor and shairis by ganesh or inspiration and fun by cheeku, or see some words of wisdom by Sudoku1 in Sensex technicals. Or any other thread of their liking. But sometimes there are mini lessons during this period and they must catch up with these later.

INCENTIVES:
By following the lessons taught by the Teacher students will gain confidence and will be stress free in their trading.
REWARD:
More and more profitable and less loss making trades.
PUNISHMENT:
Will be given by the market to those who will not go by the teachings.
REPORT CARD:
Your bank account statement.

 

[KomaL2099]

Komal / Vineet - Thanks your help, At that moment 825 dint look like a proper pivot, but now its definitely a pivot as after that it fell...

the pleasure is all mine..

 

[vinst]

THE CLASSROOM
(Going with the 60min flow!!!)​

Curriculum: Special education for profitable trading of stock and index futures on NSE, India. Strategies for handling different market conditions, Gap openings etc. To be in trade all the time.
The teacher: SAINT
Teachers motto: part of the well known maxim Teach a man to fish and feed him for life. (Vegetarians may substitute fish for whatever they like.)
Teachers coordinators: czar, rkkarnani, Satya_pinku2003, man4urheart, niftychance, etc.
Lead Group: czar, rkkarnani, satya_pinku2003, man4urheart, niftychance, musicjunkie, rakeshluthra430, etc.
The Students: Class consists of grade 1 to 12 and may be higher graders as well. There may be post graduates also. Age no bar, Sex no bar, Religion/Cast no bar, Occupation no bar. All are welcome. There may be emotionally disabled (broke) students. There are so many students that listing their names is not possible. Active participation in the classroom is of:
AMITBE, czar, faith, haricnair, kapil123, KomaL2099, lvgandhi, man4urheart, milind, musicjunkie, myvineet, neeraj.h, novice1, pakatil, prabhjeetrana, rakeshluthra430, rishig38, rkkarnani, sam fisher, satya_pinku2003, senty, sikandar, smart_trade, vinst, yashodhan etc. etc.
Then there are students who do not enter the class but are observing the activities from windows and door. Still they are classified as students unless they come forward and prove themselves otherwise. Some are on and off visitors/observers. Some observers just want the cream of the crop and interested only in the fish and not learning how to. There is no restriction whatever in doing so.
RULES:
The lessons are perfectly outlined in the beginning of the thread. There are some additions (or tweaks) done by the teacher which are in between. Students are requested to follow them for their own benefits. No one is going to enforce discipline on them.
For late comers:
Please do not ask questions before reading the earlier posts of the day. Ask only relevant questions after that. Remember "Early bird catches the worm".
For late joiners:
Must read the entire thread from Post no. 1 to date before posting anything. Nobody will teach you from ABC. You may be charged for disruptive behavior. (no punishment though )
Resources:
Everyone is requested to arrange for their own resources (market data, charts, finance etc.). There is a good resource for 1 min data for historical back-testing by a traderji member soumya_b on his virtual drive at 4shared. Satya_pinku also posts good charts during market hours as well as after market. And every now and the detailed charts which also include past trade levels and summary of profit/loss are posted by the Teacher himself.
Fighting:
Was observed sometime back but was mild in nature. Or could be called heated debate. In fighting between students the Teacher cum moderators decision will be final.
Cursing:
Not allowed under any circumstances. Use of abusive language will be strictly dealt with by Super Moderator Traderji (by expelling the student from the school)
Talking in class:
Is not considered a good behavior. So refrain from it. If you like someones post, press thank you button.
Inattention:
Is not punishable but for your own good pay attention.
Chaos:
Is usually observed during the absence of the Teacher. It leads to many different opinions coming from all directions. Newcomers are advised not to jump to conclusion during this period and avoid taking any position in the market. Wait for the teacher to come back and handle the class. Chaos is also observed on data issue, SAR issue and on Pivot level issue.
Cheating:
Some students cheat (usually by taking profit off the table if they see it) disregarding the rules. No punishment from the Teacher but in time market will teach them a nice lesson.
Cafeteria:
During sideways market or non-activity period students can visit other threads like Jokes humor and shairis by ganesh or inspiration and fun by cheeku, or see some words of wisdom by Sudoku1 in Sensex technicals. Or any other thread of their liking. But sometimes there are mini lessons during this period and they must catch up with these later.

INCENTIVES:
By following the lessons taught by the Teacher students will gain confidence and will be stress free in their trading.
REWARD:
More and more profitable and less loss making trades.
PUNISHMENT:
Will be given by the market to those who will not go by the teachings.
REPORT CARD:
Your bank account statement.

You certainly have a thinking, creative mind !!
regards,
vin