Going With The 60min Flow!!!

[debdeeps]

Thanks Deb.

-- Milind

Correction 5 min low was 4141, 2 points room makes SL as 4139 nifty spot.

 

[Saint]

The Nifty Trade long entry if taken on the Spot is 3957...adds at 4003 and 4171...latest stop at 4076.

Reminder:THIS IS A 60 MIN FLOW THREAD........

Where the stops should be placed,where the entry is and where we should reverse has been discussed ad nauseum,....PLEASE go back to the beginning and reread.

All the best!
Saint

 

[milind]

The Nifty Trade long entry if taken on the Spot is 3957...adds at 4003 and 4171...latest stop at 4076.

Reminder:THIS IS A 60 MIN FLOW THREAD........

Where the stops should be placed,where the entry is and where we should reverse has been discussed ad nauseum,....PLEASE go back to the beginning and reread.

All the best!
Saint

Thank you Saint. I needed to confirm my numbers.

-- Milind

 

[debdeeps]

The Nifty Trade long entry if taken on the Spot is 3957...adds at 4003 and 4171...latest stop at 4076.

Reminder:THIS IS A 60 MIN FLOW THREAD........

Where the stops should be placed,where the entry is and where we should reverse has been discussed ad nauseum,....PLEASE go back to the beginning and reread.

All the best!
Saint

Hi Saint, Thanks for the post. Got the point now. I forgot about 60 min flow for a while until you pointed out. Now I can understand your adds and SL. Thanks once again.

 

[vinst]

The Nifty Trade long entry if taken on the Spot is 3957...adds at 4003 and 4171...latest stop at 4076.

Reminder:THIS IS A 60 MIN FLOW THREAD........

Where the stops should be placed,where the entry is and where we should reverse has been discussed ad nauseum,....PLEASE go back to the beginning and reread.

All the best!
Saint

I am going to reverse-engineer saint's levels for NS with attached picture.
Long entry on 8th june : with high of opening 5min bar being crossed.
Add_1 = above high of minor pivot on 8th june
Add_2 = above PH made yesterday
Add_3 possible above high made today (10 june). It has already become PH.

Again, I could not have visualized on my own that that Add_1 is a good add (because of minor pivot status).
Sainttttt..............


regards,
vin

 

[Saint]

I am going to reverse-engineer saint's levels for NS with attached picture.
Long entry on 8th june : with high of opening 5min bar being crossed.
Add_1 = above high of minor pivot on 8th june
Add_2 = above PH made yesterday
Add_3 possible above high made today (10 june). It has already become PH.

Again, I could not have visualized on my own that that Add_1 is a good add (because of minor pivot status).
Sainttttt..............


regards,
vin

Ah,Vin,my friend.......do go back and have a look.

Adds are at every opportunity you get.........over sideways consolidation breakouts,previous pivot highs,even every bar's high or low,even pattern breakouts....all depends on the capital you have,and the amount you can stomach.

Saint

 

[beethoven]

Ah,Vin,my friend.......do go back and have a look.

Adds are at every opportunity you get.........over sideways consolidation breakouts,previous pivot highs,even every bar's high or low,even pattern breakouts....all depends on the capital you have,and the amount you can stomach.

Saint

Yessss Saint. This is in fact the very essence of what you have tried to teach us. Pivots are basically to get newbies like me to force to adhere to some degree of discipline and see the principle of price movement. This line of yours is the next stage of evolution in our study of your fine art. Please keep on guiding us. Thanks a lot again

 

[vinst]

Saint,

Thanks for keeping a good, keen eye on us .

regards,
vin

 

[milkyblack]

Hi Saint,

Exited all the positions today morning! As told yesterday system was not working due to
some virus or something like that!
I had reversed the long position on NF yesterday below 4076 (I wrongly interpreted as it to be the LOD) then checked the NSE website and then again on this site for the posts... then I came to know that those were the current levels posted by you
But no pains with the trades as there was a gap up

Now should I re enter tomorrow longs(if things are fine at my end) or wait for the next move to begin (i.e take fresh shorts as now the trades exited were long)

Regards

 

[milkyblack]

Hi Satya,

My apologies for not able to post the calculations of NF trades.
Will do them ASAP along with the doubt you had for one of the trades due to gap up.

Regards