Going With The 60min Flow!!!

[Saint]

Please tell me that we are still long in Nifty? I thought we should have been short on Nifty and that is why I asked everyone for the position on Nifty...but everyone said that we are still long....whats going on? I am confused now??

What confuses me is this asking of everyone..........can the consesnsus opinion help you to come to a decision?

Saint

 

[kapil123]

IMO even if today's pivot was missed, yesterday's closing (4pm) bar stands as clear pivot.

 

[KomaL2099]

I am confused too ,another bad day ,going to rules book and backtesting

me too .. real test happens on tough days .. back to school .

 

[man4urheart]

dangit, should have shorted below the mark in the attached picture...I asked everyone and they all responded saying that we are still long...huge losses in last couple of days in 60 min Flow....

This is not a pivot... Next bar didn't cross the high!

It went straight down!

 

[KomaL2099]

Are you all watching Bar Charts........and you don't see a pivot??

Saint

I use candlesticks .. shall switch to bar .. does it help ???

 

[rishig38]

Saint jee, needed confirmation as I am new to this method..but oh well...shorted ABAN at the right time...btw, Saint sir, what is the SAR now??

 

[milkyblack]

ABAN Holding short below the red arrow!

Regards

 

[inspire]

All -
Me 2 long . Although missed the pivot of 12pm, - intra positions in profit...

Still think that carrying positions with the orig stop should be allright and wait for the new pattern to develop until the orig SAR cracks. IMHO one should wait before reversing or squaring up positions at this point. Part of trading. Orig risk holds. Get ready for the new development. . Focus on the present now.

Just my 2 cents.
Regards
inspire.

 

[Smart_trade]

I use candlesticks .. shall switch to bar .. does it help ???

Makes no difference,Komal

 

[man4urheart]

Can anybody show me how it was a Pivot on 60 for NIFTY where you guys reverted to SHORT?