Going With The 60min Flow!!!

[psj]

Preparing to get hit another SAR for NF.

I think, now everybody is going to have ONLY one method and the current SAR is 3235.0000

 

[rishig38]

NF SAR is at 3246.

Who said Nifty SAR at 3246? Please verify the SAR for long....

 

[Saint]

man, huge losses if this SAR is hit this time around...seems like Nifty D) has got a know how of our system and is hell bent on killing us...

Yep....feels like it.......but still going long Rs15 over the high....Why 15,coz' it's a high over the pivot now,no more Gap Play.....3222+15=3237

Saint

 

[rishig38]

Long in Nifty now...

 

[psj]

Yep....feels like it.......but still going long Rs15 over the high....Why 15,coz' it's a high over the pivot now,no more Gap Play.....3222+15=3237

Saint

3237 Triggered

NF Long with SAR 3086.5

 

[rishig38]

Day's high (3226) + room of 20 points = 3246

you are wrong here...it should be +15 as it is not a gap play...only pivot break....

 

[debdeeps]

you are wrong here...it should be +15 as it is not a gap play...only pivot break....

Correct, removed the post. Now long with SAR at 3101 - 15 = 3086

 

[AMITBE]

Yep....feels like it.......but still going long Rs15 over the high....Why 15,coz' it's a high over the pivot now,no more Gap Play.....3222+15=3237

Saint

And smells of a false move too.
Not that it matters.
This is an old face of the market being seen newly by many.

 

[rakeshluthra430]

man, huge losses if this SAR is hit this time around...seems like Nifty D) has got a know how of our system and is hell bent on killing us...

Please dont say that....if nothing else, that may shake your confidence in this method.
Dont look at 2-3 trades or days...take a full years backtest under your belt before deciding to trade this. Thats what will build faith in your trades.

Losses are part of this business...I guess cost of getting the big moves in our direction.

Rakesh
ps: Long at 3237...stops at 3086.

 

[man4urheart]

Current Position Of NIFTY in thread

Position Start Date: 16-OCT-2008
LONG Since : 3235
Stop Loss:3101 - 15 = 3086
Profit/Loss in Current Trade = 3235-3086= -149

We change our Position to SHORT if NIFTY Trades below :3086