Going With The 60min Flow!!!

[rakeshluthra430]

Lowering stops to 3519+15..applicable both for Pure and Aggressive.

...learnt a very important lesson today...control over stomach is equally important as control over the mind. Running with half the position, had booked the rest at 3456.....


Rakesh

 

[rkkarnani]

Lowering stops to 3519+15..applicable both for Pure and Aggressive.

...learnt a very important lesson today...control over stomach is equally important as control over the mind. Running with half the position, had booked the rest at 3456.....


Rakesh

Rakesh, Wont the Puritans like to wait till the present bar is completed and does not breach 3519!!???

 

[rakeshluthra430]

Rakesh, Wont the Puritans like to wait till the present bar is completed and does not breach 3519!!???

Why would they do that Sir... they had already waited for the 2 pm bar to finish.

 

[ThE HaMmEr]

Lowering stops to 3519+15..applicable both for Pure and Aggressive.

...learnt a very important lesson today...control over stomach is equally important as control over the mind. Running with half the position, had booked the rest at 3456.....


Rakesh

please confirm saint sir...........

donn kno wat to do in current situation......we have a clear pivot on 30

 

[AmritaBasu]

i didnt read the new posts just to test if i know now..the newsar is 3535 ? we reverse and go long ?

 

[rishig38]

yep ..i think pure like to wait till eod

Pure would like to wait for another bar to complete before considering it as a valid Pivot to reverse....Saint, please confirm....

 

[Sec 5 (Pyr)]

Why would they do that Sir... they had already waited for the 2 pm bar to finish.

5 finger rule, etc.

Visually obvious it may be, but as you said earlier, we need a strong stomach here.

Using "minor" pivots would be fine if we wanted to protect our profits and whatnot, but in the flow, we stop AND REVERSE, which may mean we'll get whipsaw'd in the future.

 

[rkkarnani]

Why would they do that Sir... they had already waited for the 2 pm bar to finish.

Rakesh, My understanding is :
The Puritans need two bars with lower highs after the bar which is making a Pivot High.
So they must wait till 3 PM !!!!

This is probably what differentiates the Puritans from the Aggressives!!!!

 

[rishig38]

Rakesh, My understanding is :
The Puritans need two bars with lower highs after the bar which is making a Pivot High.
So they must wait till 3 PM !!!!

exactly....thanks...

 

[Saint]

Pure would like to wait for another bar to complete before considering it as a valid Pivot to reverse....Saint, please confirm....

Right,Rishi......the Pure Group would like it if this bar finishes sideways to lower as is more visually obvious to the eye.The aggr group would get in long over todays high even if this bar does the trick.

Basically both Rakesh and RK,both right.

Saint