Going With The 60min Flow!!!

[TFL]

Nifty Stop and Reverse at 3620-15.....for Aggressives. Maybe Pures too..if someone Pure can confirm.

Rakesh

I am pure.
The bar highs are 3667 and 3666 resp. Lows are 3620 and 3635 resp.
A confusion....on SAR here.

Hari.

 

[niftychance]

Hello

Pure flow follows the Classical defination of pivots, in that case need to wait for 2 bars on the right side (with higher lows) to define a pivot low, so bar ending at 11 am cannot be defined as pivot low before 1 pm.

Thanks

EDIT: for those taking the short trade below 3605, SAR will be HoD + 15

 

[TFL]

dear members
some people like me dont have access to hourly chart ,so i request any one could do that job of posting the chart at every hour.

thank u

 

[Saint]

Nifty Stop and Reverse at 3620-15.....for Aggressives. Maybe Pures too..if someone Pure can confirm.

Rakesh

Nope Rakesh........no reversal in longs yet at 3620-15.

Need to come out with the Rules fast.

Saint

 

[psj]

Nifty Stop and Reverse at 3620-15.....for Aggressives. Maybe Pures too..if someone Pure can confirm.

Rakesh

Please confirm whether we can take 3605 as SAR?

 

[man4urheart]

I deleted my earlier post and changed back my stoploss

DONT move STOPLOSS as saint said

Current Position Of NIFTY in thread

Position Start Date: 08-OCT-2008
Long Since : 3534
Stop Loss:3280 - 15 = 3265
Profit/Loss in Current Trade = 3534-3265= -269

We change our Position to SHORT if NIFTY Trades below :3265

 

[rakeshluthra430]

Please confirm whether we can take 3605 as SAR?

No...hold the current positions. not stopping out at 3605 as Saint said.

Guess I have missed out on some important rule.

Sorry for the confusion.

Rakesh
edit: removing my earlier post to avoid any confusions

 

[Satyen]

satya as a PURE do u think we have a Pivot?

Moving Stoploss to 3605

Hi posting a chart just look if it looks like SAR then go for it ...
always go with your rule

Regards
Satya

EDIT : Did not ssaw Saint posted his veiws

 

[Smart_trade]

Hi posting a chart just look if it looks like SAR then go for it ...
always go with your rule

Regards
Satya

I have reversed.Looks a very convincing PL to me

 

[kapil123]

IMO The 12 o'clock hourly bar should have broken the high of the day for 3605 to be valid reversal point.